SA, Swaziland in major rail investment
South African logistics group Transnet and Swaziland Railways are to jointly develop a 146km railway line from Mpumalanga, as well as upgrade adjacent railway networks in both countries, in what will be the biggest railway investment in southern Africa in over three decades.
Umgeni Water gets €35m European loan
The European Investment Bank is to provide €35-million (R385-million) in funding to South African water board Umgeni Water, enabling it to continue providing clean water to about five-million people in Durban and surrounding areas.
World Bank loan for wind, solar projects
South African state electricity company Eskom has been granted a US$250-million (about R1.9-billion) World Bank loan to help it implement two of the largest renewable energy projects ever attempted on the African continent.
SA's R800bn infrastructure drive
South Africa is set to spend over R802-billion on infrastructure development over the next three years as part of a government drive to ease bottlenecks and reduce costs in the economy, "crowd in" private investment and improve access to export markets.
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