The revival of Johannesburg’s inner city has seen an escalation in the value of property, making it more difficult for government and non profit organisations to provide much needed social housing for low-income earners.
SHARES in the construction sector have soared over the past two months, buoyed by foreign investor optimism on the prospects for SA’s infrastructure development.
CONSTRUCTION company Group Five is concerned that a shortage of skills in the construction industry may negatively affect the massive infrastructure roll-out planned in SA over the next few years.
To improve efficiency and capacity, Cabinet last year agreed to restructure the local electricity industry, tasking EDI Holdings to spearhead the project.
Government has invited Independent Power Producers (IPPs) to register "expressions of interest" in the development of two new peaking energy generation projects to meet growing energy demands in the country.
Johannesburg - Eskom, the power utility, is selling land in Lonehill, Sandton, estimated to be worth R24 million.

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