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Aug 28, 2026 · Archive
Business

Ramaphosa's Construction Book Lists 170 Projects Worth $16.5 Billion

The list sits inside a wider portfolio Ramaphosa says grew from R340 billion in 2020 to R1.67 trillion, covering 195 projects.

  • Only 55 of those 195 projects, worth R407 billion, are actually under construction.
  • Just 32 projects, valued at R48 billion, have been completed to date.
  • Gross fixed capital formation sits at 14% of GDP, versus a 30% target for 2030.

Why it matters: A government is judged by what it builds, never by the number it announces from a podium.

The Presidency of South Africa — Keynote address by President Cyril Ramaphosa at SIDSSA 2026 ↗ · Aug 28, 20268/28/26