In the past decade, South Africa’s roads have come to dominate the land transport sector. However, if the government’s plans come to fruition, the country is set for a rail revival in the next two decades. Government entities concerned with rail travel, including the freight logistics company Transnet Freight Rail and the Passenger Rail Agency...
Despite having the smallest land area of South Africa’s nine provinces at 16,548 sq km, Gauteng is the largest contributor to the national economy, making up onethird of total GDP, at R700bn ($85.33bn) – double the contribution of Kwazulu-Natal (16%) and the Western Cape (14%), the next two largest provinces by GDP.
Looking at the skyline of any major South African city, you will see far fewer cranes than during the construction surge that occurred in the past decade, when the prospects of hosting the FIFA World Cup led to a huge building drive incorporating everything from stadia and hotels to large-scale transport infrastructure projects. More so than any...
One of the best performing segments of the real estate sector over the past 12 months has been commercial office property. The office segment achieved an 11.2% overall return (income and capital) in 2012, the best performer outside industrial real estate and well above the sector average of 10.4% (retail had a return of 10.1%). Even so, the...
With a history of making the most of its domestic energy resources, South Africa adapted its power stations to accommodate its plentiful but low-quality coal, and developed innovative synthetic fuel technology to replace imported crude oil during its years of economic isolation. Massive coal reserves, a successful nuclear power programme,...
Home to the most developed transport network and logistics industry on the continent, South Africa ranks highest in Africa and among the best in its income group globally on a number of indices. Nevertheless, in the coming years, the government will have to deal with a host of major issues, including trade barriers, congestion and the resulting...
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