South Africa secures $200 million loan for Olifants water project
The New Development Bank financing covers Stage 1 of a bulk-water programme in Limpopo.
International developments in energy, oil, natural gas, water, geothermal and mining, with related commodity, trade and market analysis linked to primary sources. Page 69
The New Development Bank financing covers Stage 1 of a bulk-water programme in Limpopo.
Treasury and the energy department shifted the final request for proposals after revising the first phase’s financing and procurement design.
Finance officials cited an additional KRW63.2 trillion in 2026 tax revenue and discussed using part of it to reduce bond issuance.
Imports rose 26.0%, leaving a $49.9 billion surplus; year-to-date exports topped $800 billion.
The Finance Ministry said revenue and spending both rose year on year in October–August, while borrowing financed most of the overall cash shortfall.
BoE data show CET1 capital rose to £470 billion as risk-weighted assets reached £3.118 trillion.
HMRC estimates £94.2 billion in corporate tax liabilities for 2024–25.
The four governments also discussed fiscal pressures and preparations for the 2027 Spending Review.
Services, production and construction all expanded during the month, according to ONS’s early estimate.
ONS attributes the largest contributions to clothing and footwear, restaurants and hotels, and housing.
The annual rate increased from 2.9%, with transport, especially motor fuels, making the largest upward contribution.
The H2 survey found confidence broadly unchanged while perceived high-impact event risk increased.
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