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Oct 24, 2014
Swedish Ambassador to South Africa Christian Meuwly will next week inaugurate the final roll-out of the new vertical shaft brick kiln (VSBK) at clay brick manufacturer Langkloof Bricks’ facility in Jeffrey’s Bay. The VSBK formed a part of economic, social and...
Oct 24, 2014
Tanzania and China have signed investment deals to build a $1 billion satellite city and $500 million financial centre in the commercial capital Dar es Salaam, the latest sign of Beijing's deepening ties with East Africa. The total of five deals, worth more than $1.7...
Oct 24, 2014
Rosatom logo
The Department of Energy (DoE) reported on Thursday night that it had concluded its first “nuclear vendor parade workshop” with a delegation from the Russian Federation and that further meetings were planned with vendor countries such as France, China, South Korea,...
Oct 24, 2014
A well-documented challenge facing the construction industry is the across the board skills shortage, which has the potential to seriously affect the sustainability of the sector. “Within construction people are our greatest assets and the Stefanutti Stocks group is...
Oct 24, 2014
Metrorail’s first new passenger train will arrive in November next year, says Passenger Rail Agency of South Africa (PRASA) CEO Lucky Montana. “Next year we will be able to put our hands around the infrastructure and equipment we have been talking about for so long.”
Oct 24, 2014
SOD-TURNING Imperial Logistics group executive officer marking the start of the development of the $20-million pharmaceutical warehouse in Kenya
Logistics company Imperial Logistics’ Africa-focused healthcare supply chain management provider last month started the construction of a $20-million pharmaceutical storage and distribution facility in Nairobi, Kenya. Imperial Health Sciences MD Dr Iain Barton states...
Oct 24, 2014
Johannesburg-based warehousing products manufacturer Universal Storage Systems is focusing on providing the latest warehousing solutions; the company is the only South African company to have designed, engineered and installed a clad rack warehouse in the country....
Oct 24, 2014
Multidisciplinary consulting engineering service provider WSP Industrial has focused on designing and engineering technologically advanced warehousing solutions that enable clients to save costs. WSP Industrial warehousing department head Kobus de Villiers tells...
Oct 24, 2014
Oct 24, 2014
Oct 24, 2014
Oct 24, 2014
 
 
 
Oct 24, 2014
The backlog on South Africa’s road network has reached R197-billion, up from R149-billion in 2010, says South African National Roads Agency Limited (Sanral) CEO Nazir Alli. This backlog included the strengthening and regravelling of roads, and excluded periodic...
Oct 24, 2014
Africa-focused warehousing solutions provider APC Storage Solutions SA, says that the recent addition to its range of automated storage solutions, the Clasimat Vertical Lift Module (VLM), which is sourced from Spain-based storage systems manufacturer Meculax, is...
Oct 23, 2014
Article contains comments
Global engineering and construction company Foster Wheeler on Thursday announced that an indirect wholly owned subsidiary of the company had completed its acquisition of metallurgical engineering company MDM Engineering. MDM would now become part of Foster Wheeler’s...
Oct 23, 2014
Oct 22, 2014
Government aimed to fast-track certain “fast-growing” infrastructure programmes, despite cutting back on expenditure over the next few years, the 2014 Medium-Term Budget Policy Statement (MTBPS) revealed on Wednesday. The MTBPS, released by new Finance Minister...
Oct 22, 2014
Andrew Parsons
Despite several real estate investment trusts (REITs) extolling the virtues of portfolio diversification, Resolution Capital Australia MD Andrew Parsons has cautioned against this strategy, advising trusts to rather simplify and specialise their asset portfolio....
Oct 21, 2014
Article contains comments
Public Works Minister Thulas Nxesi has established a task team comprising construction and property industry stakeholders to develop concrete, workable plans to accelerate transformation in the built environment and establish processes to monitor and evaluate its...
Oct 21, 2014
JSE-listed materials supplier Afrimat expects to report basic earnings per share (EPS) of between 59c and 64c, when it releases its interim results for the six months ended August 31. This would be between 20% and 30% higher than the EPS of 49.1c recorded in the...
Oct 21, 2014
JSE-listed Freedom Properties has appointed Jan Francois (Franky) Pretorius as CFO and FD to succeed Richard Eaton, who resigned on October 17. Pretorius is a qualified chartered accountant and completed his articles with KPMG, where he was eventually promoted to...
Oct 17, 2014
Article contains comments
President Jacob Zuma has officially opened the Department of Environmental Affairs’ (DEA’s) new green head office, in Pretoria, describing it as an event that would usher in a new green-focused era for the South African construction industry. “[This building] will...
 
 
 
 
Oct 17, 2014
Despite South Africa’s industrial property sector outperforming the retail and office property markets, the fundamentals were not conducive to major expansions, investment analysis and market indexcompany MSCI subsidiary IPD executive director Stan Garrun said on...
Oct 17, 2014
Article contains comments
GRI Renewable Industries is investing in a R300-million wind-tower factory
The Western Cape government’s GreenCape sector development agency is finalising work on an application to have the Atlantis industrial area designated as a green-technology (greentech) special economic zone (SEZ). Atlantis SEZ project executive Mike Mulcahy tells...
Oct 17, 2014
Cement producer PPC has appointed Darryll Castle an independent nonexecutive director with immediate effect. Castle, who holds BSc, BCom and MBA degrees, as well as the Chartered Financial Analyst qualification, has extensive experience in the mining industry and...
Oct 17, 2014
MIGHTY SEVEN CORDLESS DRILL/SCREWDRIVER The tool enables the user to adjust its settings for specified applications, allowing for optimum results to be achieved
Industrial machinery supplier Dowson and Dobson (D&D) Industrial has introduced a cordless, battery-powered tool developed by Taiwan headquartered pneumatic tools manufacturer Mighty Seven, to the Southern African market. D&D Industrial sales manager Johan van...
Oct 17, 2014
Article contains comments
GLL 2-15 PROFESSIONAL CROSS LINE LASER Bosch Power Tools South Africa maintains that the cross line laser is ideal for levelling professionals with limited levelling experience
Power tools manufacturer Bosch Industrial Power Tools maintains that local industry professionals stand to benefit from the use of its newly launched GLL 2-15 Professional cross line laser. Bosch Power Tools South Africa senior brand manager Juergen Lauer tells...
Oct 17, 2014
TML TECHNIK MACHINERY The company offers machine tools that tackles its clients' challenges
German headquartered multinational machine tools manufacturer TML Technik in July stated that it is strengthening its presence on the African continent through growing its distributorships in South Africa. TML Technik South Africa (SA) first opened shop in Benoni,...
Oct 17, 2014
Taiwan-headquartered nonprofit trade promotion organisation Taiwan External Trade Development Council (Taitra) hosted the first conference and technology forum on machine tools in Midrand, Johannesburg, this week. Representative of Taipei Liaison Office-South Africa...
Oct 17, 2014
The broad-based black economic-empowerment (BBBEE) alignment process in the con-struction sector has begun, dur-ing which the sector codes of the Construction Sector Charter Council (CSCC) will be aligned with the revised Codes of Good Practice (CoGP), which come...
Oct 17, 2014
Oct 17, 2014
Deteriorating economic cycles in the manufacturing and construction industries has seen the Accéntuate group report an 8.4% drop in revenue for the year ended June 30 compared with the previous financial year, to R308-million. Profit for the year was 42% lower, at...
 
 
 
 
Oct 17, 2014
Oct 16, 2014
Article contains comments
A tough-talking Human Settlements Minister Lindiwe Sisulu has committed government to building 1.5-million low-cost houses over the next five years, telling the Human Settlements Indaba in Johannesburg on Wednesday that the State would achieve this target through the...
Oct 16, 2014
Building materials firm Infrasors on Thursday said it expected its headline earnings a share for the six months ended August 31 to increase by between 61% and 96% year-on-year to between 4.5c and 5.5c. Basic earnings a share were also expected to be between 4.5c and...
Oct 16, 2014
Article contains comments
The Sere wind farm project
Electricity utility Eskom reports that the first seven wind generators at its R2.5-billion Sere wind farm project, in the Western Cape, have been synchronised to the grid and that the project is on track for full commercial operations by end March 2015. Renewables GM...
Oct 16, 2014
Article contains comments
Sapvia CEO Moeketsi Thobela
The South African Photovoltaic Industry Association (Sapvia) newly appointed CEO, Moeketsi Thobela, says he is hoping to raise the profile of solar PV as a solution to South Africa’s immediate electricity crisis, owing to the fact that the technology can be deployed...
Oct 15, 2014
Construction group Stefanutti Stocks expects earnings a share for the six months ended August 31 to increase by between 20% and 40%, improving from 38.5c in the comparable prior half-year by up to 15.4c. Similarly, headline earnings a share are expected to be between...
Oct 15, 2014
Johannesburg-listed Freedom Property Fund has inked a deal that will see it receiving R88-million from banking group Nedbank, allowing it to advance its strategy to expand the Steelpoort Industrial facility, in Limpopo, and to further develop the nearby Tweefontein...
Oct 15, 2014
The Norwegian African Business Association (NABA) will on October 30 host the fourth Norwegian-African Business Summit, aimed at addressing the main challenges and opportunities facing African infrastructure development. The summit, to be held in Oslo, Norway, will...
Oct 14, 2014
Dawn CEO Derek Tod
While JSE-listed Distribution and Warehousing Network (Dawn) was not pleased with its financial results for the “disruptive and difficult” 2014 financial year, the company was excited about its recently announced joint venture (JV) agreement with Grohe International,...
Oct 14, 2014
Article contains comments
Energy Minister Tina Joemat-Pettersson
The Department of Energy (DoE) confirmed on Tuesday that an ‘Inter-Governmental Framework Agreement on Nuclear Cooperation’ had been signed with France as part of the “preparatory phase for the possible deployment of French nuclear technology in South Africa”. In a...
 
 
 
 
Oct 14, 2014
Article contains comments
The transmission unit of South African electricity utility Eskom has completed a strategic grid study for the period to 2040. The study signals major shifts in future generation and demand patterns that will have implications for the domestic network and future...
Oct 14, 2014
Cesa CEO Lefadi Makibinyane
Regulation issues, including the procurement of consulting engineering services, remain one of the biggest challenges faced by the consulting engineering industry, indicates Consulting Engineers South Africa’s (Cesa’s) latest Bi-Annual Economic and Capacity Survey...
Oct 14, 2014
Trade and Industry South Africa (Tisa) and the Rwanda Development Board (RDB) were this week awarded Investment Promotion Awards for excellence in promoting foreign direct investment (FDI) projects to advance sustainable development. The awards ceremony was held...
Oct 14, 2014
Article contains comments
JSE-listed Basil Read on Tuesday noted that it was being featured in a new series of UK postage stamps acknowledging the construction of a new airport on the island of St Helena, a British territory 2 300 km west of Walvis Bay, Namibia. Basil Read St Helena Airport...
Oct 13, 2014
A recent report that analyses First National Bank’s house price indices for full- and sectional-title homes of various sizes has found that the prices of smaller houses are not only accelerating faster but are also showing stronger growth that that of larger houses....
 
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