The latest analysis of the country’s capital projects by Nedbank shows that capital investment in SA is on the decline. Adding up all the capital investment in fixed infrastructure – as announced by the private and public sector for the foreseeable future – shows that it has decreased by a massive 30% compared to a year ago.
“There is always a lag between when a project is announced and when the spending starts,” according to the bank. “The schedule is a rough guide of the trajectory of fixed investment in the years ahead. It is also a useful guide to identify and track activity in the various industries.” Investment flow It is noticeable that large investments are flowing towards renewable energy projects. “Most projects involve a shift to renewable energy sources with projects valued at R10.