Infrastructure development is poised to be a key driver of South Africa’s economic recovery, with a range of high-priority projects across the energy, water, and transport sectors targeted for completion by 2025. Infrastructure South Africa’s construction portfolio, valued at R158.54 billion, aims to stimulate economic growth, create jobs, and improve service delivery across the country. The country’s energy sector is undergoing a critical transformation to address persistent electricity shortages. Eighteen major energy projects, worth R38.32 billion, are set to advance renewable energy initiatives, such as the Upington Aries-Upington 400kV line and the Erica MTS + Phillipi-Erica 400kV line projects, which

The Hermanus house of disgraced former Steinhoff CEO Markus Jooste is attracting notable attention from buyers despite the over R100 million price tag.  Steinhoff collapsed in 2017 after the company was embroiled in an accounting scandal, with deep-seated fraud at the company.  After receiving a fine of R475 million from the Financial Services Conduct Authority, Jooste committed suicide in 2024, a day before he was supposed to hand himself in to law enforcement.  Several of Jooste’s assets are currently for sale, including his coastal estate in Hermanus, which is on the market for R105 million.  While the property has drawn

The R520 million road infrastructure project in the Garden Route District Municipality is the largest provincial government investment in the area and is expected to span approximately 44 months. Designed to improve mobility, safety, and economic growth, the project is currently about 57% complete and is on track for completion by the end of the second quarter of the 2026/27 financial year. Tertuis Simmers, the Western Cape Minister of Infrastructure, highlighted the challenges posed by the project’s location, which includes numerous underground services and aging infrastructure. He noted that delays were necessary to replace these aging services to prevent future

Premier Mandla Ndlovu has declared that Mpumalanga is set for a massive infrastructure transformation, calling on the private sector to join hands with the government in turning the province into a “construction site”. Speaking during a post-budget breakfast in Mbombela on Wednesday morning, Ndlovu reflected on ambitious plans outlined by Bonakele Majuba, the MEC for finance, who on Tuesday afternoon allocated billions of rands to accelerate infrastructure projects. Ndlovu emphasised that investment in infrastructure is essential for economic growth and job creation. “Infrastructure is a catalyst for economic growth. The provincial targets make it clear that we need to facilitate

Africa’s hotel industry is undergoing a transformation unlike any seen before, with 577 new hotels and resorts currently under construction across the continent, promising an addition of over 104,000 new rooms. This remarkable surge represents a 13.3% increase, far exceeding global growth rates, and is largely driven by the dynamic sub-Saharan African region. “We’re witnessing clear market signals across sub-Saharan Africa indicating significant expansion opportunities, particularly with the sector’s potential to generate $168 billion in revenue and create over 18 million jobs by 2033,” Daniel Trappler, Senior Director of Development Southern and Eastern Africa at Radisson Hotel Group said. The

The Portfolio Committee on Public Works and Infrastructure has expressed its disappointment with the report it received from the Council for the Built Environment (CBE) and its partner entity, the Construction Industry Development Board (CIDB), regarding the collapse of the building in George. The committee met with the CBE, CIDB, and the Department of Public Works and Infrastructure (DPWI) for a briefing on the outcomes of the forensic report into the George building collapse. On May 6, 2024 the four-storey building at 75 Victoria Street in George in the Western Cape collapsed, killing 34 people.  Committee chairperson, Carol Phiri, expressed

Reluctance to release the names or those responsible for the George Building Collapse in a bid to shield regulatory bodies and various departments is what political parties believe may be the reason why the answers have not been delivered 16 months after the tragedy. The Portfolio Committee on Public Works and Infrastructure announced that they did not receive the full forensic report due to its sensitive nature. The Victoria Street tragedy on May 8, 2024 claimed the lives of 34 people and left 28 injured. During a media briefing held in Cape Town this week, between DPWI, the Council for

Marking an important milestone for the Trust for Urban Housing Finance (TUHF), the financier has partnered with the International Finance Corporation (IFC) to expand affordable housing and advance green construction in South Africa. Source: Pexels The collaboration strengthens TUHF’s impact agenda, taking its green finance initiatives to new heights while positioning it as a leading impact financier delivering social and environmental outcomes. IFC’s up to R960m (equivalent to $54m) loan to TUHF will drive inclusive, sustainable urban development by supporting the company to finance mostly small and medium enterprises (SMEs) to develop affordable green-certified rental buildings in South Africa’s inner cities

What Is The 4th Industrial Revolution (4IR) There have been several “revolutions” in manufacturing and supply chain that have had major impacts. The First Industrial Revolution in the 1700’s was triggered by the invention of the steam engine that revolutionised production in textiles and other industries. The Second Industrial Revolution that occurred in the 1870’s and was powered by widespread electrification and the resulting machine manufacturing and automation processes that were introduced. The Third industrial revolution started in the 1970’s and was predominantly driven by the advances in computing and ICT technology. Although 4IR is also the product of technological

Greenwood Square is a new mixed-use development in Johannesburg’s Greenside that combines luxury apartments, retail convenience, and lifestyle amenities. Stephen Whitcombe, MD of leading Johannesburg property group Firzt Realty, which has the exclusive mandate to market the development’s residential component, said it is set to redefine Johannesburg urban living. “Designed by RUIM Architects, Greenwood Square offers a carefully integrated mix of retail and residential components,” he explained. Adding to the appeal, the development is set against the backdrop of Johannesburg’s central greenbelt. This includes Emmarentia Lake, the Johannesburg Botanical Gardens and the surrounding sports and leisure amenities. “It effectively captures