Almost a quarter of South Africa’s R340-billion worth of strategic infrastructure projects have been delayed or put on hold, according to Standard Bank Group. The government in Africa’s most-industrialised economy has officially announced 62 energy, water, sanitation and other projects, known as SIPs. While eight have been completed and 40 are under way, 14 are behind schedule, the bank said in a May 25 report that monitors their progress.
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