Deputy Finance Minister David Masondo has called on the Development Bank of Southern Africa (DBSA), which is a major lender to local government, to play a leading role in supporting the Government of National Unity’s plan to fix municipalities as part of the second phase of Operation Vulindlela. Addressing the development finance institution’s results presentation, Masondo acknowledged that more reform progress was still required to fully address the supply-side problems of electricity and water supply, freight logistics and costly digital infrastructure, which had been prioritised during the first phase of Operation Vulindlela.
A group of Chinese companies led by China Harbour Engineering Co has won a contract to build a 100 MW solar plant in Botswana, the country’s second utility-scale renewables facility. China Harbour is partnering with China Water and Electric Development Co and local investors for the project which is due to be commissioned in the second quarter of 2026. Zhitong Finance put the value of the contract at $78.3-million. President Mokgweetsi Masisi attended the contract signing Monday in Jwaneng, a diamond mining town 200 km west of the capital, Gaborone.
INDUSTRY NEWS
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za