insert_link South Africa Johannesburg Metro Confirms Lilian Ngoyi Street Project 22% Complete After Delays The Johannesburg metro has confirmed that the Lilian Ngoyi Street rehabilitation project in the CBD is 22-percent complete - a year after a devastating explosion. Mayoral committee member for Transport, Kenny Kunene, says the project has stalled, with dire consequences for road users, businesses and residents. So far, more than 17-million-rand has been spent out of the total of almost 180-million-rand allocated for the project's completion. Kunene told SABC […] todayNovember 12, 2024 15
insert_link South Africa Transport Minister says the country needs a stable and well-maintained road network S.A's Transport Minister Barbara Creecy says South Africa needs a stable and well-maintained road network that will improve access to economic activities and allows for the safe transportation of people and freight on a world-class road system. Creecy visited the R573 Moloto Corridor Road Project from Limpopo to Gauteng. She says quality road infrastructure plays a critically important role in the their economy: todayNovember 4, 2024 14
insert_link World Raising revenue from land: what African cities might learn from Hong Kong’s unique land-lease system By Astrid R.N. Haas, University of Toronto Land prices across many African cities are soaring. This is because land is a city’s key asset. As urbanisation progresses, demand for land will rise, and therefore so will land prices, because the supply of land in cities is limited. Investments in public infrastructure, and zoning regulations that convert land to alternative uses, will also boost land value. In fact, […] todayAugust 12, 2024 18
insert_link Business / Economics Finance Minister, Ipumbu Shiimi tables 2024/25 national budget Finance Minister Ipumbu Shiimi has tabled the National Budget for the 2024/25 period in the National Assembly this afternoon. Shiimi said that this year’s budget was built on the three pillars of stimulating domestic demand, accelerating investments in productive public infrastructure, and cultivating fiscal prudence. Revenue estimates for FY2023/24 have been revised upwards by N$2.5 billion to a total of N$81.1 billion. Old Age Grant and the Disability […] todayFebruary 28, 2024 54