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Construction News

AMSA insists fair pricing does not equate to no price increases

By: Terence Creamer     Updated 3 hours ago Steel producer ArcelorMittal South Africa (AMSA) dismissed suggestions again on Wednesday that its deal with government to raise steel import protection in return for fairer pricing – as well as jobs and investment guarantees – precluded it from increasing prices. The JSE-listed company was... 

Pivotal lifts FY NAVPS

By: Anine Kilian     Updated 4 hours ago Development focused investment fund Pivotal Fund achieved a 23.91% increase in its net asset value per share (NAVPS) to R22.80 for the year ended February 29. “The growth in our NAVPS was attributable to the revaluation of the income producing properties, fair value adjustments on current... 

Pivotal lifts FY NAVPS
Pivotal Fund CE Jacki van Niekerk

GDID opens infrastructure projects monitoring centre

By: Ilan Solomons     Updated 4 hours ago The Gauteng Department of Infrastructure Development (GDID) has officially opened its electronic infrastructure projects management centre, giving the GDID the ability to monitor, in real-time, the R30-billion in infrastructure projects under its management in Gauteng. Speaking at the opening in... 

GDID opens infrastructure projects monitoring centre

Cornubia Interchange to create significant benefits for businesses

By: Anine Kilian     Updated 4 hours ago The Cornubia link bridge and interchange, scheduled for completion in the first quarter of 2017, will provide businesses in the area unencumbered access to main arterial routes and a dedicated link into the heart of the uMhlanga new town centre. The multibillion-rand Cornubia human settlement... 

Cornubia Interchange to create significant benefits for businesses

Zambia to complete $360m new airport terminal by October

By: African News Agency      25th May 2016 Zambia’s Kenneth Kaunda International Airport is set to have a new and modern terminal by October this year, the Zambian National Broadcasting Corporation reported on Tuesday. Zambia’s Minister of Works and Supply, Yamfwa Mukanga told the broadcaster that the terminal was part of the expansion... 

Half a million construction workers could be at risk

By: News24Wire      25th May 2016 About 500 000 workers are risking their lives on construction sites that do not comply with health and safety laws, Labour Minister Mildred Oliphant said on Tuesday. As much as 40% of the industry did not comply with these laws, which translated to about 5 000 construction sites across the country. 

Half a million construction workers could be at risk
Labour Minister Mildred Oliphant

Tongaat Mall collapse report to be given to NPA

By: News24Wire      25th May 2016 The findings of the 2013 Tongaat Mall collapse will be handed to the NPA for a decision on whether to prosecute anyone, Labour Minister Mildred Oliphant said on Tuesday. An investigation found contraventions of the Occupational Health and Safety Act and construction regulations. 

ECDC unveils new quarry venture

By: Natasha Odendaal     24th May 2016 The Eastern Cape Development Corporation (ECDC) on Tuesday unveiled its latest mining investment play – a R200-million aggregate mine in Indwe, in the Eastern Cape, with two offtake agreements already inked. The development financier, which injected R736 000 to prepare the privately-owned farm... 

Dubai says opens world's first functioning 3D-printed office

By: Reuters     24th May 2016 Dubai has opened what it said was the world's first functioning 3D-printed office building, part of a drive by the Gulf's main tourism and business hub to develop technology that cuts costs and saves time. The printers – used industrially and also on a smaller scale to make digitally designed,... 

DTI moving to iron out local-content frustrations around Transnet contracts

By: Terence Creamer     24th May 2016 The Department of Trade and Industry (DTI) has confirmed that it is “concerned” about whether all four of the original equipment manufacturers (OEMs) that have been awarded parts of a R50-billion contract to supply 1 064 electricity and diesel locomotives to Transnet will meet the minimum... 

DTI moving to iron out local-content frustrations around Transnet contracts

Balwin delivers strong maiden results

By: Creamer Media Reporter      23rd May 2016 Property developer Balwin has delivered double-digit growth as it set out its maiden financial results for the year ended February 29, CEO and founder Stephen Brookes said on Monday, attributing the performance to record sales and strong demand. The group, which listed on the Johannesburg bourse... 

Global steel production down 0.5% y/y in April

By: Samantha Herbst     23rd May 2016 Despite clawing its way back in recent months from a brief slump in January and February, global crude steel production fell 0.5% year-on-year to 135-million tonnes in April, according to the World Steel Association’s (worldsteel’s) crude steel production report for April. South America was... 

Global steel production down 0.5% y/y in April

BCCEI calls for engagement with small struggling contractors

By: Creamer Media Reporter      23rd May 2016 The Bargaining Council for the Civil Engineering Industry (BCCEI) on Monday urged smaller contractors unable to comply with all the provisions of the civil engineering sectors’ collective agreements under the statutory body to check if they were eligible for exemption. Five collective agreements,... 

PPC's share price falls after credit downgrade warning

     23rd May 2016 JSE-listed PPC's share price on the JSE fell by as much as 19.9% on Monday as the company warned of a possible downgrade of its debt rating. The company on Monday said it planned to raise between R3-billion and R4-billion in capital to reduce its debt and fund existing committed expansion capital... 

PPC's share price falls after credit downgrade warning

Agrément South Africa awards 38 fit-for-purpose certificates

By: Anine Kilian     20th May 2016 Agrément South Africa (SA), an agency of the Department of Public Works, managed by the Council of Scientific and Industrial Research (CSIR), awarded fit-for-purpose certificates to 38 industry players during the 2015/16 financial year. An Agrément SA certification assisted manufacturers and... 

Agrément South Africa awards 38 fit-for-purpose certificates

R17m Tsitsikamma upgrade to start next week

By: Anine Kilian     20th May 2016 The R17-million planned upgrade of the Tsitsikamma section of the Garden Route National Park, in the Eastern Cape, will get under way next week, starting at the Storms River Rest Camp, in Tsitsikamma. The upgrade at Storms River was scheduled to start with the lodge’s administration building and... 

R17m Tsitsikamma upgrade to start next week

To regain FDI ranking, South Africa must ‘rebuild trust’ with investors 

By: Terence Creamer     20th May 2016 South Africa’s absence – for the second year running – from the top 25 countries listed in AT Kearney’s annual foreign direct investment (FDI) confidence index is suggestive of heightened investor concern about perceived political, policy and regulatory instability. Africa region head Wim... 

To regain FDI ranking, South Africa must ‘rebuild trust’ with investors

Report outlines transformation framework for construction globally

By: David Oliveira     20th May 2016 Thirty measures that form part of a construction industry transformation framework are detailed in a new report called ‘Shaping the Future of Construction: A Breakthrough in Mindset and Technology’, which was compiled by the World Economic Forum (WEC), in collaboration with The Boston Consulting... 

Applied Mineral Technologies

By: Zandile Mavuso     20th May 2016 Established in 2001, Applied Mineral Technologies (Amtec) has grown into a large structural, mechanical, platework and piping (SMPP) services company specialising in the fabrication and construction of materials handling systems and processing plants for clients in the coal, diamonds, iron-ore,... 

Applied Mineral Technologies

Concrete society calls for Fulton Awards nominations

By: Dylan Slater     20th May 2016 Nonprofit company the Concrete Society of Southern Africa is calling for nominations for its biennial Fulton Awards, which recognise and honour excellence and innovation in the design and use of concrete.  

Concrete society calls for Fulton Awards nominations
CONCRETE DESIGN 2015 Fulton Award winner, the Fairscape Precinct Office Tower in Botswana

Conference demonstrates company’s commitment to clients

By: Nadine James     20th May 2016 Alternative building solutions developer Hydraform International held a two-day conference on its business development plan for existing and prospective clients at the Birchwood Hotel and OR Tambo Conference Centre, in Boksburg, last month. Themed ‘Hydraform: Committed to your Journey’, the... 

Conference demonstrates  company’s commitment  to clients
HYDRAFORM: COMMITTED TO YOUR JOURNEY The 2016 conference was meant to foster closer relationships between Hydraform and its clients

Conventional building methods not suited to African conditions  

By: Nadine James     20th May 2016 Housing and construction systems developer Moladi says its low-cost housing system, comprising plastic formwork panels and a cement admixture, is widely embraced throughout Africa, as it has been specifically designed to meet the requirements of the African market. Moladi founder and CEO Hennie... 

Conventional building methods not suited to African conditions
FILING THE GAP Aerated mortar is used to fill Moladi's formwork mould in order to create walls

Experience outweighs cost – piling contractor

By: Nadine James     20th May 2016 Entrusting piling projects to inexperienced operators who cut costs to secure business could result in harmful consequences, warns piling specialist and contractor Gauteng Piling (GP). “Proper piling is critical to the durability and safety of any new structure, as it provides the foundations of... 

Experience outweighs  cost – piling contractor
NICO AND IGNATIUS MASS The Fourways Mall extension project should be completed before the end of the month

Imminent lack of coarse ash will change cement brick industry

By: Nadine James     20th May 2016 Cement stock brick manufacturer Brick-It director Sean Cameron predicts that the upcoming shortage of coarse ash – which is combined with cement and other aggregates before being moulded into cement  bricks – will force the industry to change the bricks’ composition, subsequently affecting many... 

Imminent lack of coarse ash will change cement brick industry
VB4X BLOCK MACHINE It can produce 120 000 standard-sized bricks or 75 600 interlocking pavers in a nine-hour shift

Manufacturer spends on socioeconomic upliftment

     20th May 2016 Construction products manufacturer Chryso Southern Africa (SA) Group is completely committed to the transferal of skills, socioeconomic development, and transformation within the construction sector in which it operates, says human resources and organisation GM Brian Matthee. He says Chryso,... 

Manufacturer spends on socioeconomic upliftment
CLOSING GENDER GAP The Chryso Group has introduced multiple initiatives to transform the construction sector

Polystyrene homes for North West orphans

By: Nadine James     20th May 2016 Nonprofit organisation Mobile Education and Training Trust (METT), in a joint venture (JV) partnership with polystyrene recyclers’ association Polystyrene Packaging Council (PSPC), is finalising construction of 75 housing units of 68 m2 each using polystyrene and cement-admixture panels to house... 

Polystyrene homes for North West orphans
HOUSING UNIT Each of the 75 units will house six children and a caretaker

Quantity surveyors can minimise inflated construction costs  

By: Nadine James     20th May 2016 Voluntary quantity surveying organisation the Association of South African Quantity Surveyors (ASAQS) executive director Larry Feinberg would like the South African government and construction stakeholders to recognise the value of employing reputable quantity surveyors to alleviate corruption... 

Quantity surveyors  can minimise inflated  construction costs
LARRY FEINBERG The ASAQS executive director believes the South African government should forge stronger relationships with the quantity surveyor profession

Regulations expected to be gazetted later this year

By: Nadine James     20th May 2016 Industry stakeholders are hopeful that the final amendments to the regulations to the Construction Industry Development Board Act will be gazetted by August, says international law firm Clyde & Co’s Johannesburg branch partner Robert Scott. He explains that the proposed amendments – published in... 

Regulations expected to be gazetted later this year
ROBERT SCOTT The Clyde & CO partner believes the success of the amended regulations will rest on the quality of the adjudicators

Afrimat FY HEPS up 15.5% y/y

By: David Oliveira     19th May 2016 JSE-listed Afrimat lifted its headline earnings a share for the year ended February 29 to 156.6c, up 15.5% from the 135.6c achieved in the prior financial year. “We are very pleased with this solid improvement, which is [owing] to a strong performance from the mineral-producing operations across... 

Stefanutti sees 17% rise in operating profit despite revenue drop

By: Anine Kilian     19th May 2016 Despite tough market conditions compounded by increasingly delayed payments and reductions in advance pay from clients in the construction industry, JSE-listed group Stefanutti Stocks saw a 17% rise in operating profit from R335-million in the 2015 financial year to R392-million for the year... 

Stefanutti sees 17% rise in operating profit despite revenue drop

Zimbabwe cement producers seek tariffs on imports

By: Reuters     19th May 2016 Zimbabwe's cement producers want the government to impose tariffs on imports, including from Nigeria's Dangote Cement, saying this would prevent the collapse of the local industry and save jobs. The southern African nation has three cement manufacturers, Lafarge Cement Zimbabwe, Pretoria Portland... 

Zimbabwe cement producers seek tariffs on imports

Tanzania to spend $2bn on transport, construction in 2016/17

By: Reuters     19th May 2016 Tanzania's parliament has approved government plans to spend 4.89-trillion shillings ($2.24-billion), or 17% of total spending, in the 2016/17 fiscal year, half of it on transport infrastructure. Tanzania, like its neighbour Kenya, wants to profit from its long coastline and upgrade rickety... 

Tanzania to spend $2bn on transport, construction in 2016/17

Emperors Palace launches rooftop solar PV plant

By: Mia Breytenbach     18th May 2016 The construction of one of the largest rooftop solar photovoltaic (PV) plants in South Africa at Emperors Palace, in Boksburg, Gauteng, is 50% complete, with first power supply to Emperors Palace expected to start next week. Construction of the plant – a grid-tied solar PV system that would... 

Emperors Palace launches rooftop solar PV plant

USAID building gets green star rating

By: Anine Kilian     18th May 2016 The Green Building Council of South Africa (GBCSA) has awarded the US Agency for International Development’s (USAID’s) new office building, in Pretoria, with a five-star rating, after improvements were made to the building. These included the installation of a solar panel grid system,... 

USAID building gets green star rating

Minister outlines 2016/17 gas IPP, FSRU procurement plans 

By: Terence Creamer     18th May 2016 Energy Minister Tina Joemat-Pettersson indicates that the procurement processes for the gas-to-power (GTP) programme and associated gas infrastructure will begin taking shape during the course of the 2016/17 financial year, with a request for proposals scheduled for the fourth quarter.... 

Minister outlines 2016/17 gas IPP, FSRU procurement plans

New partnership to boost smart energy tech in South Africa

By: Kim Cloete     18th May 2016 South African consulting firm EON Consulting has joined forces with global advisory firm Analysys Mason and leading renewable-energy producer Iberdrola to boost the development and implementation of smart energy technologies and services in South Africa. “Transformation in the energy sector is... 

New partnership to boost smart energy tech in South Africa

Arrowhead lifts H1 dividend a share

By: Anine Kilian     18th May 2016 JSE-listed real estate investment trust (Reit) Arrowhead Properties lifted its dividend a share by 9.52% year-on-year to 40.79c for the six months ended March 31. Arrowhead’s core property portfolio grew by 8.5% year-on-year to R9.5-billion. It now owned 155 retail, industrial and office... 

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