Three bridges built by the South African National Roads Agency Limited (Sanral) for a total of R104-million are expected to enable communities around Vaalwater, in Limpopo, to travel shorter distances to go to school and visit families, while local businesses will now be able to save on fuel when moving goods. Taxi and bus commuters [...]

The New Development Bank (NDB) – an initiative of the Brazil, Russia, India, China and South Africa bloc – and South Africa's Trans-Caledon Tunnel Authority (TCTA) have signed a R3.2-billion loan agreement for the implementation of Phase 2 of the Lesotho Highlands Water Project (LHWP). The NDB will provide the project loan to the TCTA under the [...]

Business Leadership South Africa (BLSA) CEO Busi Mavuso has expressed her dismay over the delays to the Electricity Regulation Act (ERA) Amendment Bill that became apparent last week, which she says leaves considerable risks that the Bill will not be promulgated before the end of the year. She explains that, owing to apparent administrative bungling, [...]

Electricity Minister Dr Kgosientsho Ramokgopa has acknowledged that South African cities and towns face the real prospect of ongoing power interruptions even if the balance between supply and demand is restored, owing to significant investment backlogs in the distribution sector. Quoting from research conducted when he was overseeing Infrastructure South Africa, Ramokgopa estimated the backlog [...]

Energy Ministers and officials from the Brics bloc met in Sandton on Friday to discuss potential areas of collaboration for improving access to secure and affordable energy, while transitioning to cleaner energy systems. The meeting was chaired by South Africa’s Mineral Resources and Energy Minister, Gwede Mantashe, who reiterated his stance that the transition should [...]

Three months after Zimbabwe roiled the $2-billion carbon credit market by suddenly canceling projects and claiming half of all proceeds, the country now says it will accept a smaller share of revenue and has begun the process of reinstating scrapped projects. In revised regulations issued Friday, the government said projects had 60 days to reapply [...]

Norway’s Scatec, the biggest solar power producer in South Africa, is considering direct sales to consumers who are forced to scramble for reliable electricity amid rolling blackouts. “We are involved in a number of different negotiations, mainly with mining companies,” Scatec CEO Terje Pilskog said in an interview. “We’re also looking at local platforms where [...]

South Africa’s surge in trucking that’s emerged largely due to higher coal prices and train bottlenecks may lead to catastrophic job losses in the road transport sector when factors ease, according to the head of the state-owned port and rail company. The logistic problems faced by Transnet SOC Ltd. — from locomotive shortages to vandalism [...]

The 9.6GW nuclear project, under former president Jacob Zuma's administration, failed because government failed to develop it "systematically" at a "pace and rate" the country could afford, Mineral Resources and Energy Minister Gwede Mantashe has said. The minister was speaking during a webinar about the just transition hosted by the Wits Business School on Thursday.

Financial services provider Standard Bank has attributed its strong performance in the first half of the year, including a 35% growth in headline earnings, to its differentiated franchise and Africa-focused strategy. The group posted headline earnings of R21.2-billion for the six months ended June 30, compared with restated headline earnings of R15.6-billion for the six [...]

The imminent announcement of an infrastructure manager (IM) to oversee the implementation of the National Rail Policy is an important step in the revitalisation of South Africa’s freight rail future, but unless this IM is independent and impartial, rail reform is “doomed”, warns industry body the African Rail Industry Association (ARIA). ARIA CEO Mesela Kope-Nhlapo [...]

Speaking to the media in Lagos, Nigeria, on Tuesday, at the end of a US Commerce Department-led American Global Diversity Export Initiative (GDEI) trade mission to South Africa, Ghana and Nigeria, US Commerce Under Secretary for International Trade Marisa Lago highlighted the commitment of US President Joe Biden and his administration to deepening American engagement [...]