Clanwilliam Dam delays put R2bn of investment on hold

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Nigeria News News

More delays escalate cost of raising Clanwilliam Dam wall

Another delay in the expected completion date for increasingDam on the Olifants River is hobbling R1.8bn of on-farm investment in the Western Cape region.

In a written response to a question from Andricus van der Westhuizen, the DA’s Western Cape spokesperson for agriculture & environmental affairs, Western Cape agriculture MEC Ivan Meyer said due to delays in procurement processes, the expected completion date for the project has been pushed back further from April 2025 to April 2026.

Meyer said in his response that construction of the dam wall is now on hold while only 12% of the project had been completed to date. “[The department] is now in the process of considering a new implementation model that involves the appointment of the Development Bank of Southern Africa as an implementing agent to carry out implementation of the project,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of AMBREYMARCUS1 .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Clanwilliam Dam delays put R2bn of investment on holdThe completion date for the raising of the dam wall has been pushed back again As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of AMBREYMARCUS1 .
Source: BDliveSA - 🏆 12. / 63 Read more »

Clanwilliam Dam delays put R2bn of investment on holdThe completion date for the raising of the dam wall has been pushed back again As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of AMBREYMARCUS1 .
Source: BDliveSA - 🏆 12. / 63 Read more »

What to keep in mind for your 2022 investment resolutionsHere are five important points to keep in mind as you figure out your investment resolutions for 2022. Moneyweb Investing As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of AMBREYMARCUS1 .
Source: Moneyweb - 🏆 5. / 77 Read more »