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Oct 21, 2014
Updated 4 hours ago 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
Oct 17, 2014
Oct 17, 2014
Oct 17, 2014
 
 
 
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....
Oct 13, 2014
Dangote Cement's Zambian subsidiary has sued the country's labour minister for libel and slander after he accused an executive of the Nigerian company of attempting to bribe him. A row has been brewing between Zambia and Dangote Cement, a major employer in Africa's...
Oct 13, 2014
Real estate investment trust Delta Property Group has declared a distribution of 40.01c per linked unit for the six months ended August 31, an increase of 23.1% on that posted in the first six months of the prior financial year. Distributable income included...
Oct 10, 2014
Property group Fountainhead has declared a distribution of 29.28c a unit for the six months ended August 31, taking the total distribution for the year to 58.28c a unit – an increase of 16.6% compared with the 11 months ended August 31, 2013. The distribution for the...
 
 
 
 
Oct 10, 2014
Real estate investment trust (REIT) Equites Property Fund has declared a maiden distribution of 20.4c a share for the six months ended August 31, some two months after listing on the main board of the JSE. In April, the property group concluded agreements to acquire...
Oct 10, 2014
Construction products specialist Verni’s Betocrete C-16, an organic, liquid concrete admixture for crystalline waterproofing unlike others, prevents the formation of lumps, says Verni director Jenna-Lee Backos. Beyond its waterproofing properties, Betocrete C-16...
Oct 10, 2014
BE Lite Technologies is involved in the manufacturing and distribution of light-emitting diode (LED) lights. It also employs a dynamic engineer who is able to develop lights to fit to customers’ demands. It currently provides a number of products to the mining...
Oct 10, 2014
Cape Town is on a drive to strengthen its position as a key business capital in Africa. The Mother City is keen to retain its reputation as a leading tourist destination, but wants to be taken more seriously as a destination for local and international investment...
Oct 10, 2014
South African cement manufacturer AfriSam has been developing composite technology cements since 2000 to reduce the carbon-intensive Portland clinker content of cement.  As a result, when the National Building Regulations published its green-building requirements,...
Oct 10, 2014
China-based machine manufacturer XCMG launched a diverse range of specialist machinery on August 15 in Ruimsig, Johannesburg. The range includes truck loader cranes, cherry pickers, rollbacks, wheel loaders, excavators, backhoe loaders, skid-steer loaders and...
Oct 10, 2014
Construction polyethylene specialist Damax Kahn & Kahn has started delivering orange barrier netting, valued at R1-million, to a local construction company, in Johannesburg. The delivery process will take two months to complete.
Oct 10, 2014
Despite prolonged economic uncertainty and challenges, companies in the global engineering and construction sector have fresh confidence in the growth prospects for the industry. Coupled with data from the company pointing to an upward trend, the industry is also...
Oct 10, 2014
PETER SHEPHERD South Africa’s big cities have had a severe impact on river systems, with increasing urbanisation compounding the situation
A significant amount of stormwater infrastructure in South Africa is insufficient to handle the country’s rapid urbanisation, according to consulting engineers and scientists SRK Consulting South Africa.
Oct 10, 2014
Since its decision in 2010 to expand its premises and product offering, concrete equipment manufacturer and supplier Pan Mixers South Africa (PMSA) has noted a positive uptake in demand from the sub-Saharan Africa concrete industry, as well as strengthening business...
 
 
 
 
Oct 10, 2014
BETTER SANITATION Incledon's community project involves the upliftment of thousands of Free State residents that have previously been using the portable toilet system in their communities
Fluid conveyance company Incledon is providing underprivileged communities in the Free State with improved hygiene standards and sanitary conditions as part of a multimillion-rand sewerage upgrade project across the province that involves the replacement of portable...
Oct 10, 2014
The board of construction and engineering group Group Five has appointed Eric Vemer as the company’s new CEO. Vemer will start work on December 1, taking over from Mike Upton, who is approaching the JSE-listed group’s retirement age.
Oct 10, 2014
MAMELLO PROJECT The project includes the construction of a sewerage pumpstation, a 110 mm rising main, an outfall sewer and refurbishments
Bulk water and sewerage service projects in Midvaal (Sicelo) and Vaal Marina (Mamello), undertaken by consulting engineering firm Gibb, are progressing according to plan and within budget.
Oct 09, 2014
More than R7-billion in funding for key infrastructure projects in KwaZulu-Natal is waiting in the wings, with billions more likely to follow the second KwaZulu-Natal Infrastructure Funding Fair, audit and consulting firm Deloitte has said of the event, which it is...
Oct 09, 2014
World Bank president Jim Yong Kim
The World Bank on Thursday launched a new initiative that would bring together governments, development institutions and private investors to form public-private partnerships for infrastructure. The initiative, known as the Global Infrastructure Facility, would...
 
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