Infrastructure

SA’s grid infrastructure requires strengthening: Radebe

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Energy Minister Jeff Radebe said South Africa’s grid infrastructure requires further strengthening. “The department is implementing non-grid solutions such as solar, especially for rural areas and informal settlements. In order to advance to the economic transformation, we need to give effect to the national development plan.” Radebe was addressing the energy dialogue in Gallagher Estate,
Source: The New Age

Trump to unveil $1.5 trillion infrastructure plan

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Donald Trump’s administration will sketch out more details of its plan to invest in America’s creaking infrastructure Monday, hoping it can leverage up to $1.5 trillion for the cause. Senior White House officials said the president’s budget, due to be released on Monday, will include $200 billion earmarked for projects to fix roads, bridges and
Source: The New Age

M&R expects more than 20% decline in earnings

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Engineering and construction giant Murray & Roberts has reported that it expects more than a 20% decline in basic earnings per share (EPS) and basic headline earnings per share (Heps) for the year ended June 30, 2017. The company said that the figure would be less than the basic EPS of 189 cents and the
Source: The New Age

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