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SA saw a significant uptick in fixed investment plans, marking the sharpest increase in capital expenditure since 2021.
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GUEST - Crystal Huntley, economist at Nedbank
In 2024, South Africa saw a significant uptick in fixed investment plans, marking the sharpest increase in capital expenditure since 2021. The latest Nedbank Capital Expenditure Project Listing reveals new projects worth R445.9 billion—up from R210.1 billion in 2023—highlighting a strong push to address critical infrastructure backlogs, especially in roads and water systems.
In 2024, South Africa saw a significant uptick in fixed investment plans, marking the sharpest increase in capital expenditure since 2021. The latest Nedbank Capital Expenditure Project Listing reveals new projects worth R445.9 billion—up from R210.1 billion in 2023—highlighting a strong push to address critical infrastructure backlogs, especially in roads and water systems.