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Mar 02, 2015
Updated 2 hours 41 minutes ago Infrastructure supply group Accéntuate said on Monday that it had recovered well from the “severe impact of the National Union of Metalworkers of South Africa (Numsa) strike in July”, to produce “pleasing results” for the six months ended December 31. “Trading for...
Feb 28, 2015
Salani Sithole
International consulting engineering company Royal HaskoningDHV (RHDHV) has appointed Salani Sithole as South African MD, effective March 1. Sithole has been with the company for six years and, prior to joining RHDHV, held various positions in engineering consulting,...
Feb 27, 2015
Article contains comments
The Gauteng Provincial Government has outlined plans to develop a handful of “mega” human settlements as part of an ambitious long-term housing development strategy aimed at narrowing the housing backlog, with plans afoot to replace informal settlements with...
Feb 27, 2015
The Transnet National Ports Authority (TNPA) was committed to spending R17-billion on infrastructure upgrades at the Port of Durban by 2023. In a briefing on current projects that had begun or were about to get under way at the port, Port of Durban manager Moshe...
Feb 27, 2015
China’s investment in African resources remains at a relatively early stage and is likely to increase further over the next decade, despite the economic slowdown in the world’s second-largest economy, reports South African financier Standard Bank. China’s economy...
Feb 27, 2015
Article contains comments
Property management company Citiq has officially opened its Umhlanga Junction Extension, a 75-bed student apartment block, in Brixton, built entirely from shipping containers. Situated in Caroline Street, the striking building was erected within two months. “We...
Feb 27, 2015
Fabrication, refurbishment and engineered solutions provider DCD Venco helped prevent further delays on the Blast Furnace N5 Reline Project at steel giant ArcelorMittal South Africa’s (AMSA’s) Newcastle Works facility in KwaZulu-Natal, in August last year, after it...
Feb 27, 2015
Construction and engineering group Aveng has been faced with weak markets almost everywhere it turned, says CEO Kobus Verster. Continued softness in the local construction sector has made it particularly difficult for the still-struggling Grinaker-LTA to regain its...
Feb 27, 2015
Feb 27, 2015
Feb 27, 2015
Feb 27, 2015
 
 
 
Feb 27, 2015
Inkatha Freedom Party president and Buthelezi clan chieftain Mangosuthu Buthelezi officially handed over the Goqo Community Hall, in KwaZulu-Natal, in December last year. The hall was donated to the Buthelezi Traditional Council by steel, tube and pipe manufacturer...
Feb 27, 2015
Swaziland-based construction company Inyatsi Construction Group believes that aggressively entering the South African construction and infrastructure sector will enable the company to expand further into sub-Saharan Africa.
Feb 26, 2015
Clough CEO Kevin Gallagher
Engineering and construction group Murray & Roberts (M&R) has signalled its intention to accelerate the internationalisation of its Australia-based oil and gas unit, Clough – a strategy underpinned by a dramatic tapering off of greenfield liquefied natural gas (LNG)...
Feb 26, 2015
The National Development Plan (NDP) will be the highlight of the first breakaway session of the inaugural Southern African Metals and Engineering Indaba, which will be held, in Johannesburg, on May 28 and 29.
Feb 26, 2015
M&R CEO Henry Laas
JSE-listed Murray & Roberts’ (M&R’s) order book decreased to R37.8-billion in the six months to December 31, compared with an order book of R44.9-billion as at December 2013. The group attributed the decrease in its order book to smaller and shorter-term contracts...
Feb 25, 2015
Freight services and shipping group Grindrod would upgrade capacity at its Richards Bay coal and magnetite terminal from 3.2-million tons a year, to 4.5-million tons a year, said Grindrod CEO Alan Olivier on Wednesday. Speaking at the company’s annual results...
Feb 25, 2015
Article contains comments
Prioritising spending on “economic” infrastructure such as roads and transport, electricity, and water and sanitation, the 2015 National Budget has earmarked R274-billion of the public kitty for the construction, maintenance, repair and upgrade of public-sector...
Feb 25, 2015
The Eastern Cape Department of Human Settlements has received an additional R233-million to help increase productivity on its housing projects. The additional fund, allocated by the national Department of Human Settlements, was a result of the department changing its...
Feb 25, 2015
Article contains comments
Petrochemicals group Sasol has signed a long-term agreement with French multinational Air Liquide for the supply of large quantities of industrial gases to Sasol Secunda. The deal would see Air Liquide invest about €200-million on the construction of what it says is...
Feb 24, 2015
Black-managed property group Rebosis on Tuesday said it was looking to acquire 100% of the issued linked unit capital of JSE-listed Ascension. Rebosis sought to acquire the A-linked units and B-linked units it did not already own. Currently, it held 28-million...
 
 
 
 
Feb 24, 2015
Article contains comments
Energy Minister Tina Joemat-Pettersson confirmed on Tuesday that 77 bids were received by the August 18, 2014, submission deadline for the fourth bid window under government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and that, with...
Feb 24, 2015
Article contains comments
South Africa’s Competition Commission has referred a case of alleged indirect price fixing and market division against Natal Portland Cement Cimpor (NPC) to the Competition Tribunal for prosecution. The referral followed the commission’s investigation, between 2008...
Feb 24, 2015
South African construction group Murray & Roberts (M&R) on Tuesday said its results for the six months ended December 31, were likely to show an improvement on that of the first half of the prior financial year. Headline earnings per share (HEPS) from continuing...
Feb 23, 2015
Moderate growth across all Wilson Bayly Holmes-Ovcon (WBHO) business segments has resulted in an 11%, or R14.7-billion, increase in revenue from continuing operations in the six months ended December 31, the JSE-listed construction company reported on Monday. The...
Feb 23, 2015
Feb 23, 2015
JSE-listed construction company Wilson Bayly Holmes-Ovcon (WBHO) continues to defend itself against allegations of collusion. The company on Monday reiterated the nonreferral of two of the five cases in which the Competition Commission alleged it had contravened the...
Feb 23, 2015
Government and the City of Johannesburg plan to revitalise old townships, Gauteng Premier David Makhura said during his state-of-the-province address on Monday. Focus would be on Kliptown in Soweto and Alexandra, next to Sandton.
Feb 23, 2015
Planning, Monitoring and Evaluation Minister Jeff Radebe
Minister in The Presidency for Planning, Monitoring and Evaluation Jeff Radebe would “soon” call for nominations for commissioners to serve on the country’s second National Planning Commission (NPC), with the term of the inaugural commission set to end in May....
Feb 23, 2015
David Makhura
The Gauteng provincial government aims to inject more than R300-million into information and communications technology (ICT) infrastructure over the next three years, Gauteng Premier David Makhura said on Monday. While this was a fraction of the planned R32-billion...
Feb 23, 2015
Article contains comments
Gauteng Premier David Makhura
Gauteng Premier David Makhura has outlined a range of initiatives to bolster power supply across South Africa’s wealthiest province, including a plan to increase municipal coal-fired power generation by 1 200 MW and to use provincial government buildings to install...
 
 
 
 
Feb 20, 2015
Article contains comments
IPP Office head Karen Breytenbach
The South African government's Independent Power Producer (IPP) Office will release a request for information (RFI) in March for possible domestic gas-to-power projects, as a precursor to a possible 3 000 MW tender that should arise before year-end. IPP Office head...
Feb 20, 2015
JOHN SCHOOLING Good student accommodation results in a significant improvement in academic performance
Student accommodation group Stag African has started construction on a R43-million accommodation project for Stellenbosch University’s Tygerberg campus, in the Western Cape.
Feb 20, 2015
PROVEN TECHNOLOGY Bulk hydrogen storage and handling is common in many industries, including the oil and gas industry, and can be applied to develop hydrogen infrastructure
Research regarding the use of South Africa’s platinum group metals (PGMs) in fuel cells and water electrolysis will enable electrification of remote communities and the use of hydrogen as a primary energy carrier in future. Hydrocarbons, mostly petroleum distillates...
Feb 20, 2015
The 2 200 ha, multi billion Rand Waterfall City development currently under construction could potentially become Gauteng’s new central business district, enabling large corporates to consolidate their Johannesburg base. The land is owned by the Waterfall Islamic...
Feb 20, 2015
LIGHTING TECHNOLOGY In the past 12 months, Beka Schréder has designed and manufactured more than eight new light-emitting diode products
Johannesburg-based luminaire designer and manufacturer Beka Schréder has registered significant growth in the past year, having recently secured various contracts in the municipal, industrial, mining, floodlighting and solar light-emitting diode (LED) lighting...
Feb 20, 2015
VIKTOR POLIKARPOV The growth in skills, industrial capacity and subsequent electricity surplus bolster industrialisation of countries building nuclear generation fleets
A programme to build new nuclear generation capacity will require the involvement of large parts of the industrial capacity of South Africa, which will require and support large-scale industrial activity and, subsequently, provide surplus electricity to support...
Feb 19, 2015
The Competition Tribunal on Wednesday heard four settlement agreements between the Competition Commission and South African construction companies, which disclosed that they were involved in collusive activities with regard to cover pricing and tender agreements. On...
Feb 19, 2015
Article contains comments
The government's proposed ban on foreign land ownership will only apply to agricultural land, President Jacob Zuma said on Thursday. Foreign nationals who plan to buy homes in South Africa will still be able to do so, as will foreign companies planning to purchase...
Feb 19, 2015
Orascom Construction plans to raise as much as $241-million in a sale of new shares in Egypt over the next few weeks, in a move that could help to re-energise Cairo's stock market after years of political and economic turmoil. The company, which will offer up to...
Feb 19, 2015
Article contains comments
The Passenger Rail Agency of South Africa (PRASA) has asked for expressions of interest from potential buyers for noncore properties, including vacant land and existing residential properties, that it is planning to sell. PRASA, through PRASA Corporate Real Estate...
 
 
 
 
Feb 19, 2015
Feb 19, 2015
Article contains comments
Africa had the potential to be one of the biggest providers of energy in the world, but was still seen as a “good for nothing” continent, particularly with regard to US investment, World Energy Council (WEC) Africa vice-chairperson Bonang Mohale said on Wednesday....
Feb 18, 2015
JSE-listed Emira Property Fund on Wednesday reported distribution growth per participatory interest (PI) of 9% for the six months ended December 31.
Feb 18, 2015
As the demand for student accommodation continues to outweigh supply, financial services provider Nedbank has described “excellent” investment opportunities in this market, stating on Wednesday that South Africa could soon see the establishment of a new real estate...
Feb 18, 2015
Listed property loan stock company Arrowhead has closed its accelerated bookbuild after raising R600-million through the placement of 31.9-million new A-linked units at a price of R9.40 apiece and 31.9-million new B-linked units at a price of R9.40 a unit. This...
 
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