ZAR6,4 billion injection for South Africa’s crumbling roads

THE South African National Roads Agency (Sanral) has started adjudicating tenders worth ZAR6,43 billion that will be awarded early in 2024 to boost the construction industry.

Sanral’s Chief Executive O cer (CEO), Reginald Demana, said the 77 tenders for various road construction projects were advertised at the end of November 2023 under the road agency’s Interim Preferential Procurement Policy (PPP) and submission closed on 14 December.

“Sanral is currently adjudicating 77 tenders which will give the construction industry a good start in the New Year, helping to create thousands of jobs and inject billions of rands into the economy.

“While the rest of South Africa is winding down for the festive season, Sanral is working hard to get South Africa’s construction industry o to a ying start in the New Year.

THE House of Representatives on Thursday warned the Point-of-Sales (POS) operators in the country to stop selling naira notes and remove excessive charges to customers nationwide immediately.

This is even as the House mandated the Committees on Banking Regulations and Digital and Electronic Banking to invite the Minister of Finance and National Planning and Budget and Governor of the Central Bank of Nigeria (CBN) to explain why commercial banks are not paying customers over the counter and ATMs.

KENYA and other African emerging markets need to address the current manpower shortage in project management if they are to achieve 2030 goals.

Project Management Institute says Africa stands at the crossroads of opportunity, with its huge pipeline projects which calls for an industrial revolution.

According to the PMI Talent Gap Report, an increase in the number of jobs requiring project management skills is particularly becoming essential in developing and emerging countries.

PMI, managing director for Sub-Saharan Africa George Asamani, who was speaking during a webinar to mark Africa Industrialisation Day, said that among other issues, the shortage of talent and skills is still holding back the region in realising its development goals. —The Star