InfrastructureDevelopment

Steel Shortages Jeopardize South Africa’s Ambitious $257 Billion Infrastructure Plan

2 months ago

South Africa's massive infrastructure development project, estimated at $257 billion, is facing significant risks due to shocking steel shortages and soaring prices. This ambitious initiative, aimed at revitalizing the country's economy and improving essential services, is jeopardized as the construction sector grapples with escalating costs stemming from the ongoing shortage of steel supplies.

India's IT Stocks Surge Amid Trump Victory: A New Era for Tech Spending

4 months ago

In a remarkable turn of events, India's information technology (IT) stocks have experienced a notable upswing following Donald Trump's recent election win. Investors are banking on increased government spending and a more favorable business environment, which they believe will benefit the tech sector significantly. Major IT companies in India are seeing a rise in their stock prices as the market reacts positively to this political shift.