R/€ = 16.12 Change: -0.04
R/$ = 14.31 Change: 0.01
Au 1378.84 $/oz Change: 35.36
Pt 813.46 $/oz Change: 11.77


Resilient infrastructure key to limiting natural disaster costs – World Bank

By: Marleny Arnoldi     19th June 2019 World Bank and Global Facility for Disaster Reduction and Recovery in its latest report had found that the net benefit (on average) of investing in more resilient infrastructure in low- and middle-income countries would be $4.2-trillion, or $4 in benefit for each $1 invested. The report, titled... 

South Africa not the gateway to Africa, warns research house 

By: Irma Venter     18th June 2019 South Africa is not, as is so often punted, the gateway to Africa, says Africa House director Duncan Bonnett – this is a mere “influence illusion”. The country is more a gateway to Southern African, and not even all of that. 

Uganda plans to restore railway after high-speed upgrade delays

By: Bloomberg     7th June 2019 Uganda plans to invest $205-million in restoring a railway from the capital Kampala to the Kenyan border following delays to securing funding for a planned high-speed alternative to the route. The move will boost monthly freight capacity to 120 000 metric tons from the current 20 000 tons by... 

Kenya outlines plan to revive century-old railway network

By: John Muchira     24th May 2019 Kenya intends to revive its century-old metre-gauge railway (MGR) line after failing to secure funding to extend the standard-gauge railway (SGR) network to the border town of Malaba. The East African nation has announced plans to undertake a $210-million project to rehabilitate and upgrade the... 

SA business delegation heads to Uganda to explore trade and investment opportunities

By: African News Agency      17th May 2019 A group of 25 South African business people were in high spirits ahead of their departure to Kampala, Uganda, to explore trade and investment opportunities in the agro-processing, capital equipment, energy and furniture sectors in the East African country. This is according to the Department of... 

Kenya fails to secure funding for extension of flagship rail project

By: John Muchira     10th May 2019 Kenya’s flagship infrastructure project, the standard-gauge railway (SGR) project, will terminate about 120 km from the capital, Nairobi, after government failed to secure funding for an extension to Kisumu. Hopes by Kenya to extend the project to the lakeside city of Kisumu from Naivasha were... 

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