Public Works and Infrastructure Minister Sihle Zikalala on August 20 said the department was supporting efforts by the Electricity Minister to improve energy security. Among its efforts, the department was working to urgently acquire properties for the expansion of State-owned Eskom’s transmission infrastructure, as well as accelerating the expropriation applications for Eskom servitudes.
The New Development Bank (NDB) – an initiative of the Brazil, Russia, India, China and South Africa bloc – and South Africa’s Trans-Caledon Tunnel Authority (TCTA) have signed a R3.2-billion loan agreement for the implementation of Phase 2 of the Lesotho Highlands Water Project (LHWP). The NDB will provide the project loan to the TCTA under the sovereign guarantee of South Africa.
Independent, nonprofit economic research institution Trade & Industrial Policy Strategies (TIPS) has launched research on a proposed Just Transition Transaction Framework. During a webinar on August 17, the institution introduced the content of the framework and the process for improving the framework over time through learning by doing, evidence collection and analysis.
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