Capex financial news

The importance of maintenance in the budget

As asset management specialists, Pragma is cautiously optimistic following the recent budget speech delivered by our finance minister who allocated more than R1 trillion for public infrastructure. Maintaining infrastructure spending levels – particularly for energy, water, rail, and ports – signals a positive commitment to economic growth stimulation, but only if the critical issues around asset maintenance, skills retention, and regulatory environments are properly addressed. By Stephan Kornelius, business lead: Pragma Professional Services

bauma 2025 exceeds expectations

Strong signals from the market: the construction machinery industry is extremely satisfied with the course of bauma 2025 - contrary to all fears, there was no reluctance to invest.

Gautrain expansion set to boost Gauteng’s economy and transport network

By Calvin Nchabeleng, Partner & Tshepang Mphela, Associate from Webber Wentzel

On 26 February 2025, the Member of the Executive Council (MEC) for Roads and Transport in Gauteng issued a Notice of Route Determination of a Railway Line (the Notice) for the Soweto Extension and Cosmo City Junction of the Gauteng Rapid Rail Integrated Network Extension Project (the Project).

Scaling up private sector-driven funding models for large infrastructure

In his 2025 Budget Speech, South Africa’s Finance Minister, Enoch Godongwana, identified infrastructure as a key pillar for the country’s growth strategy. He announced that over R1-trillion will be allocated to infrastructure spending over the next three years, emphasising the need for greater private sector participation and alternative financing solutions to accelerate delivery and improve effectiveness.

Supreme Court of Appeal judgment encourages capital investment by mining companies

Tax policies influence investment decisions. To incentivise miners, the Income Tax Act allows mining companies to claim deductions for mining capital expenditure, commonly referred to as 'mining capex'. By Nina Keyser, Partner at Webber Wentzel.

R20-billion black business fund should target construction SMMEs

By Olebogeng Manhe, Chairman of the Gap Infrastructure Corporation (GIC)

The recent State of the Nation Address (SoNA) announced a R20 billion-per-year fund to support black-owned and small enterprises, and while this initiative holds great promise for a number of sectors, few would benefit as much as the construction industry. It’s therefore imperative that government directs a sizeable portion of this fund to construction in 2025.