http://www.engineeringnews.co.za
R/€ = 16.10 Change: -0.05
R/$ = 14.35 Change: -0.15
Au 1317.20 $/oz Change: -9.33
Pt 1072.50 $/oz Change: -3.00
 

Construction News

Eskom may re-advertise nuclear notices after noncomplaint E Cape notice

By: Terence Creamer     26th August 2016 State-owned electricity utility Eskom may re-advertise notices relating to its Nuclear Installation Site Licence (NISL) applications for Thyspunt, in the Eastern Cape, and Duynefontyn, in the Western Cape, having acknowledged that a notice published in the Eastern Cape Provincial Gazette on... 

Barloworld launches solar energy solution

By: Megan van Wyngaardt     26th August 2016 Global industrial company Barloworld on Friday launched a high-performance photovoltaic (PV) solar energy solution targeted at Southern Africa’s commercial and industrial (C&I) power segment. The Cat Thin Film PV solar energy system, available in sizes ranging from 25 kW to 5 MW, can deliver up... 

Barloworld launches solar energy solution

Telkom doubles reward for capture of saboteurs

By: Natasha Odendaal     26th August 2016 Telecommunications giant Telkom on Friday doubled its reward for information leading to the prosecution of those responsible for malicious damage inflicted on Telkom facilities and its infrastructure over the last few weeks. Telkom is now offering a R1-million incentive to deal with increasingly... 

Telkom doubles reward for capture of saboteurs

Gas-to-power programme to play significant role in power grid

By: Sascha Solomons     26th August 2016 Although demand for power has decreased, owing to stagnation in the economy, meaning less demand from key industries such as mining and manufacturing, engineering and design firm WSP⎪Parsons Brinckerhoff Africa believes that the Gas-to-Power Programme (GTPP) has a substantial role to play in... 

Gas-to-power programme to play significant role in power grid
JAY URBAN Gas-to-Power Programmes has a substantial role to play in South Africa’s power mix once economic activity picks up

Hostile attitude to engineers flagged as possible cause of voter rebuff

By: Irma Venter     26th August 2016 The ANC’s attitude towards engineers – who enable proper service delivery – probably contributed to the party’s decline at the polls in the 2016 local government elections, says South African Institution of Civil Engineering (SAICE) CEO Manglin Pillay. “Engineers are not welcomed at... 

Law firm launches practice focused on infrastructure

By: Dylan Slater     26th August 2016 International law firm Pinsent Masons announced at the end of July plans to launch an infrastructure-focused practice in Johannesburg, South Africa, with the appointment of two founding partners to launch the office.  

R950m Springs Mall construction progressing ahead of March 2017 opening

By: Mia Breytenbach     26th August 2016 Construction of the R950-million Springs Mall at the Blue Crane Eco Park development, in Gauteng is well under way, with the 48 000 m² regional shopping centre on schedule and within budget to open in March 2017, says main contractors Giuricich Bros Group. The mall is a joint venture between the... 

R950m Springs Mall construction progressing  ahead of March 2017 opening
LETTING OUT The 48 000 m² Springs Mall will comprise more than 120 stores and is 95% let, with completion expected in March 2016

Still tough, but Group Five says pace of decline is easing

By: Irma Venter     26th August 2016 The momentum of decline in the South African construction environment has finally shown signs of slowing, says construction company Group Five CEO Eric Vemer. Speaking at the company’s annual results presentation in Johannesburg, Vemer said the outlook for the market is by no means “rosy, but at... 

Despite commodity slump, M&R bets future on resources

By: Terence Creamer     25th August 2016 Murray & Roberts (M&R) CEO Henry Laas says the decision to sell its infrastructure and building unit, as well as Genrec, to create a multinational project company focused on oil and gas, underground mining, as well as power and water has created an entity that no longer fits neatly within the... 

Despite commodity slump, M&R bets future on resources
Photo by Duane Daws
Murray & Roberts CEO Henry Laas

Bombardier opens new propulsion equipment production site in Isando 

By: Megan van Wyngaardt     25th August 2016 Rail technology provider Bombardier Transportation on Thursday inaugurated a new 6 000 m2 production site and headquarters in Isando. The facility will produce Bombardier Mitrac high-power propulsion equipment for use in the Transnet locomotives project, for which Bombardier is delivering 240... 

Bombardier opens new propulsion equipment production site in Isando
Bombardier has opened a new propulsion equipment manufacturing facility in Isando. Video and editing: Nicholas Boyd.

Grindrod records R1.1bn loss, ready to develop Coega liquid-bulk terminal

By: Irma Venter     25th August 2016 A depressed commodities market continued to take its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod on Thursday reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared... 

Grindrod records R1.1bn loss, ready to develop Coega liquid-bulk terminal

Italtile increases FY turnover, expands retail footprint

By: Mia Breytenbach     25th August 2016 JSE-listed ceramic tiles retailer Italtile has reported a system-wide turnover increase of 14% to R5.96-billion for the year ended June 30, while like-for-like revenue at the retail store level also grew 14%. In expanding its retail footprint, Italtile opened 20 new stores during the reporting... 

Italtile increases FY turnover, expands retail footprint

South Africa's PPC prices $281m rights issue at R4 a share

By: Reuters     25th August 2016 South Africa's PPC priced its R4-billion ($281.5-million) rights issue at a 55.5% discount on Wednesday as the cement maker fights for survival in the face of depressed domestic growth. PPC said it would sell one-billion shares at R4 each to its shareholders, well below the stock's closing price... 

South Africa's PPC prices $281m rights issue at R4 a share

M&R to sell building, manufacturing units to focus on global resources

By: Terence Creamer     24th August 2016 Construction and engineering group Murray & Roberts (M&R) has announced its intention to sell its infrastructure and building units, as well as manufacturing business Genrec as part of ongoing moves to focus on the global natural resources markets of oil and gas, metals and minerals and power and... 

M&R to sell building, manufacturing units to focus on global resources
Photo by Duane Daws
M&R CEO Henry Laas

Liberty eyes year-end listing on JSE for property portfolio

By: Creamer Media Reporter      23rd August 2016 Financial services company Liberty Holdings plans to list part of its property portfolio as a real estate investment trust (Reit) to be called Liberty Two Degrees, with an expected net asset value of R10-billion, on the Johannesburg bourse by the end of the year. The listing of Liberty’s property... 

Ingula’s second unit in operation 

By: Megan van Wyngaardt     23rd August 2016 The second unit at State-owned electricity provider Eskom’s Ingula pumped storage scheme has entered into commercial operation. The second unit has been contributing 333 MW to the national power grid since May, while in a testing phase. 

Basil Read intensifies focus on integrated housing development to strengthen order book

By: Megan van Wyngaardt     23rd August 2016 Construction company Basil Read will be focusing in particular on the integrated housing development sector to drive future growth and strengthen its order book, as this “is a real opportunity for South Africa”. Speaking to Engineering News Online on Tuesday, CEO Neville Nicolau highlighted that... 

‘Transformational’ deal to change Aveng Grinaker-LTA’s look-and-feel, not tick BEE boxes 

By: Terence Creamer     23rd August 2016 South African construction and engineering group Aveng expects to conclude an empowerment transaction within months to further transform its Aveng Grinaker-LTA business, which is on the cusp of moving into the black for the first time since 2011. CEO Kobus Verster believes the transaction to be... 

 ‘Transformational’ deal to change Aveng Grinaker-LTA’s look-and-feel, not tick BEE boxes
Aveng CEO Kobus Verster on the thinking behind a planned 'transformational' deal involving Aveng Grinaker-LTA. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 23.8.2016

Basil Read feels the pinch in subdued construction environment

By: Megan van Wyngaardt     22nd August 2016 With the local construction sector remaining subdued in the six months to June 30, JSE-listed construction company Basil Read has seen a drop in profit after tax to R34.4-million, down from R41.6-million in the comparative period of 2015. However, despite the difficult trading environment,... 

Sanral provides R30m funding to Stellenbosch programme

By: Megan van Wyngaardt     22nd August 2016 The South African National Roads Agency Limited (Sanral) on Monday endowed Stellenbosch University with R30-million for its Sanral Chair in Pavement Engineering research fund. Established in 2001, the Sanral research chair is an academic programme committed to the development of human capital and... 

New unit to be set up to oversee rail local-content push

By: Terence Creamer     22nd August 2016 The Department of Public Enterprises and National Treasury will consolidate procurement for locomotives into a single institution, under Transnet, to ensure “efficiency and compliance with the localisation requirements”. The decision to set up the unit was made at the recent Cabinet lekgotla,... 

New unit to be set up to oversee rail local-content push

Construction of Gibela train manufacturing complex progresses

By: Megan van Wyngaardt     22nd August 2016 Two of the seven construction packages for Gibela’s R1-billion train manufacturing complex at Dunnottar, in Gauteng, are under way. The project, being undertaken by Gibela, Trencon Construction and Black Jills Engineers, will be completed by November 2017. The complex has a geographical footprint... 

Sasol’s Shondoni mine nearing completion

By: Megan van Wyngaardt     22nd August 2016 Construction of energy and chemical company Sasol’s R15.3-billion Shondoni mine, near Secunda, is approaching completion, with operations at three coal production sections expected to start this month through the new incline conveyor. The mine, which is set to replace the ageing Middelbult mine,... 

CompComm approves AMSA’s R1.5bn settlement proposal

By: Samantha Herbst     22nd August 2016 The Competition Commission has approved steel producer ArcelorMittal South Africa’s (AMSA’s) proposal to pay R1.5-billion to the commission for its involvement in long steel and scrap metal cartels. This will be the largest competition-related fine ever paid by a single South African entity and... 

CompComm approves AMSA’s R1.5bn settlement proposal
Competition Commissioner Tembinkosi Bonakele

South Africa won’t change IPP course ‘midstream’ 

By: Terence Creamer     22nd August 2016 Cabinet appears to have put paid to Eskom efforts to halt the country’s highly regarded independent power producer (IPP) programme, with Minister in The Presidency for Performance Monitoring and Evaluation Jeff Radebe indicating on Monday that there was no intention to “change course midstream”.... 

South Africa won’t change IPP course ‘midstream’
Minister in The Presidency for Performance Monitoring and Evaluation Jeff Radebe on South Africa's commitment to the IPP programme. Camera Work & Editing: Nicholas Boyd. Recorded: 22.8.2016

WBHO to report higher earnings

By: Natasha Odendaal     19th August 2016 JSE-listed Wilson Bayly Holmes-Ovcon (WBHO) expects an increase in earnings for the year ended June 30. Headline earnings a share are expected to increase 20% to 30% to between 1 309c and 1 418c for the 12 months under review, compared with the restated 1 090.7c a share reported in the 2015... 

Carbon offset regulations could have major financial implications for businesses

By: Dylan Slater     19th August 2016 Draft regulations on carbon offsets, which were published for comment by the National Treasury on June 20, under the Carbon Tax Bill, are due to come into effect in early 2017 and could have significant financial implications for businesses in South Africa, according to legal services firm Cliffe... 

Contractor for Mpumalanga power lines EIA named

By: David Oliveira     19th August 2016 Engineering and environmental consultants Jones & Wagener announced earlier this month that it had been appointed to undertake an environmental impact assessment (EIA) for the proposed construction of two loop-in and loop-out 400 kV power lines to connect the approved KiPower independent power... 

Correct fire system implementation could save businesses

By: Sascha Solomons     19th August 2016 To minimise financial losses as a result of fire destruction, engineering and design firm WSP⎪Parsons Brinckerhoff states that organisations have the responsibility to develop and implement effective fire safety management plans. “One of the main challenges in the engineering industry is... 

Correct fire system implementation could save businesses
FIRE-SAFETY STRATEGIES PROVIDED Fire-safety engineering might be the only viable way to achieve a satisfactory standard of fire safety in some large and complex buildings

Developer emphasises accuracy in measurement instrumentation

By: Sebastian Whyle     19th August 2016 The South African food and beverage, and pharmaceutical sectors require measurement technology that offers precision and reliability while complying with local hygiene regulations. There is, hence, greater demand for accuracy in measurement instrumentation in these sectors, says Germany-based... 

Developer emphasises accuracy in measurement instrumentation
JAN GROBLER South African food and beverage hygiene regulations are as stringent as any other international regulations

Singapore consultancy acquires SMEC in $400m deal as it seeks to have a global presence

By: Dylan Slater     19th August 2016 Singapore-based urban development consultancy Surbana Jurong acquired 100% of Australia-based major infrastructure consultancy firm SMEC on August 1, in an acquisition valued at about S$400-million.  

Singapore consultancy acquires SMEC in $400m deal  as it seeks to have a global presence
ACQUISITION MANAGEMENT SMEC CEO and MD Andy Goodwin and Surbana Jurong CEO Wong Heang Fine concluded the merger

Tsitsikamma wind farm reaches commercial operation

By: Megan van Wyngaardt     18th August 2016 The 95 MW Tsitsikamma Community wind farm project, in the Eastern Cape, this week started commercial operation, marking the second wind farm by independent power producer Cennergi to achieve the milestone this year. Cennergi, a 50:50 joint venture between coal miner Exxaro Resources and India’s... 

Kibo signs on Norton Rose to assist with Mbeya PPA

By: Megan van Wyngaardt     17th August 2016 Dual-listed Kibo Mining has rallied law firm Norton Rose Fulbright to assist with the preparation and negotiation of commercial arrangements and agreements pertaining to a power purchase agreement (PPA) with the Tanzanian government and power distribution company Tanesco for the Mbeya... 

GTC first Polish company to list on JSE

By: Anine Kilian     17th August 2016 Real estate group Global Trade Center (GTC) will list on the main board of the JSE on Thursday under the share code GTC. GTC, which develops and owns office and retail properties in Poland and capital cities throughout the central and eastern Europe (CEE) region, as well as the south-east Europe... 

GTC first Polish company to list on JSE

AMSA chief says rising rand to take gloss off recovery

By: Terence Creamer     17th August 2016 ArcelorMittal South Africa (AMSA) CEO Wim de Klerk says he still expects the steel group to enjoy a better second half than was the case in the six months to June 30, but admits that the recent strengthening in the rand against the US dollar is likely to weigh on financial performance. The... 

AMSA chief says rising rand to take gloss off recovery
Photo by Duane Daws
AMSA CEO Wim de Klerk

Emira posts strong FY results

By: Megan van Wyngaardt     17th August 2016 JSE-listed Emira Property Fund on Wednesday reported a solid performance for the year ended June 30, with distribution growth per share up 8.8% to 146.10c apiece. The fund attributed the growth to contractual escalations across most of its portfolio, benchmark-surpassing occupancy levels, tight... 

Editorial: Nersa judgment epitomises rise in civil society vigilance

By: Terence Creamer     17th August 2016 In all spheres of South African public life, the level of civil-society engagement and vigilance is rising. Increasingly, too, citizens are not merely tackling issues at the level of principle, but are also taking into account the minutiae of procedural fairness, executive responsibility and... 

Editorial: Nersa judgment epitomises rise in civil society vigilance
First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

Company Announcements

more

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119 Close