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Lesotho Highlands scheme gets the nod
[Linda Ensor] The R12bn phase two of the Lesotho Highlands Water Project (LHWP), which will secure a continued supply of water for SA and hydroelectric power for Lesotho, was approved in principle by the two countries this week. 17 May 2013 12:29
Cape Town wants toll road report
The City of Cape Town wants access to the complete feasibility report for the South African Road Agency Limited's (Sanral) proposed winelands tolling project, the Western Cape High Court heard on Thursday (16 May). 17 May 2013 09:17
SOEs exploring set-asides for small firms, black industrialists
Minister of Public Enterprises Malusi Gigaba is considering putting in place set-asides from the growing procurement spend of state-owned enterprises for small businesses and black industrialists to help transform the economy. 16 May 2013 06:57
Coface report highlights strain on SA's growth
The Coface Group, a worldwide leader in credit insurance, has released its latest report on South African growth prospects, taking into account the mining and export slumps. Overall, economic activity remains generally sluggish while upside risks to inflation have increased due to a weaker rand. Coface believes that this will persuade the Monetary Policy Committee to keep policy neutral over an extended period, with interest rates remaining unchanged for most of 2013. A reversal in policy easing is likely only late in the year or even in 2014. 15 May 2013 14:50
Fines, payments choke Stefanutti Stocks
[Alistair Anderson] Construction company Stefanutti Stocks said on Tuesday (14 May) that late payments by debtors and provision for a hefty fine for anti-competitive behaviour were to blame for the company reporting a record R162m loss for the year to February. 15 May 2013 09:40
AngloGold's focus on cutting costs
[Allan Seccombe] AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May). 14 May 2013 12:30
Funding for Durban dig-out port uncertain
There seems little doubt that despite questions and some objections, the proposed new dig-out port on the site of the old Durban International airport will go ahead. Exploratory drilling on the site by Transnet is already under way - what it calls early research - into the geotechnical composition of the soil. 13 May 2013 10:18
Battle continues over Naturena reservoir
The battle between residents of Naturena, south of Johannesburg, and the City of Johannesburg over the construction of a reservoir in the area continues despite a court ruling temporarily halting the project. 7 May 2013 13:24
Newtown's big hole for a big centre
The big hole being dug in Newtown is the start of a R1.2bn retail and office development incorporating some of Johannesburg's most historic buildings according to The Star. 7 May 2013 07:30
Zuma tells South Africans to be proud
[Chris Bathembu] President Jacob Zuma began his major Freedom Day speech on Saturday by telling South Africans to look back with pride as a nation because the struggle for national liberation achieved its primary purpose. 29 Apr 2013 10:25
Big construction firms admit to bid-rigging
A total of 21 big South African construction companies have admitted to the Competition Commission that they were involved in bid-rigging to a combined value of R26bn, Parliament's Portfolio Committee on Public Works heard this week. 24 Apr 2013 07:42
Motorists urged to exercise caution on N2
PRETORIA: Motorists are urged to be observant of lane closures following the construction of the Stafford's Post Interchange on the N2 section 21, between Kokstad and Harding. 24 Apr 2013 07:14
Claim: N1-N2 Winelands improvements to create jobs
The South African National Roads Agency Limited (SANRAL) has rejected reports that the planned upgrades along the N1-N2 Winelands route will affect the poor communities along the route, saying these reports are "misleading". 17 Apr 2013 12:41
Sasol sells Tosas to Raubex
[Mark Allix] Listed road construction and rehabilitation group Raubex has bought Tosas‚ a manufacturer of bituminous products‚ from Sasol Oil for R120m in cash. 16 Apr 2013 11:03

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