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Construction News

Morocco, Nigeria agree on next steps for offshore/onshore gas pipeline

By: Reuters     11th June 2018 Morocco and Nigeria on Sunday signed a joint declaration in Rabat laying out the next steps for the completion of a gas pipeline deal that will be built onshore and offshore, Moroccan state news agency MAP said. The two countries agreed to the pipeline in December 2016 and launched feasibility... 

Egypt, Ethiopia agree to settle differences over Nile mega-dam

By: Reuters     11th June 2018 The leaders of Ethiopia and Egypt vowed on Sunday to iron out their differences over a dam Addis Ababa is building on the Nile River that Cairo fears threatens its water supplies. Talks over the Grand Renaissance Dam, Ethiopia's $4-billion hydroelectric project, have been deadlocked for months.... 

ATON bemoans M&R’s Competition Tribunal application

By: Marleny Arnoldi     8th June 2018 German investment company ATON says JSE-listed Murray & Roberts (M&R) has initiated another ‘frustrating action’ against its offer to acquire all shares in M&R, by trying to prevent ATON from exercising its full rights and voting against M&R’s proposed combination with construction giant Aveng.  

Good corporate citizenship in a post-State-capture South Africa

By: Kim Cloete     8th June 2018 A string of corporate governance failures and climate change challenges have cranked up the pressure on companies to become better corporate citizens and take care of the environment they are operating in. The renewed emphasis on governance and sustainability is not limited to the private sector,... 

Good corporate citizenship in a post-State-capture South Africa

Demand rising for funding for grid-tied renewables

By: Schalk Burger     8th June 2018 Financing to build renewable-energy systems for use by businesses in South Africa is growing, with many projects showing good financial viability and return on investment, says financial institution Absa renewable-energy head Justin Schmidt. The return on investment for well-designed energy... 

Demand rising for funding for grid-tied renewables
JUSTIN SCHMIDT Most companies will rely on more than one source of energy, and the most compelling business cases currently are grid-tied solutions

Basil Read enters new avenue with Savanna City residential development

By: Simone Liedtke     7th June 2018 As part of its turnaround strategy, construction group Basil Read on Thursday launched Basil Read Homes with the first of its 44 residential units on a land parcel at Savanna City, south of Johannesburg, which will, upon completion, boast about 18 399 integrated housing units. “This launch is a... 

Basil Read enters new avenue with Savanna City residential development

ATON reiterates its view on M&R’s proposed acquisition of Aveng

By: Anine Kilian     7th June 2018 Investment company ATON, which has made a mandatory offer to buy all the shares in Murray & Roberts (M&R) it does not already own, has once again reiterated it opposition to M&R’s proposed acquisition of Aveng. The company said in a statement on Thursday that the potential Aveng transaction... 

City of Cape Town to spend R2.1bn on housing 

By: African News Agency      7th June 2018 The City of Cape Town on Thursday said its Transport and Urban Development Authority (TDA) will spend R2.1-billion on the development of new housing opportunities. This comes after the TDA budget for the next financial year, starting on 1 July 2018, was set at R5.34-billion. 

Siemens CEO urges more countries to participate in China’s Belt and Road Initiative

By: Zandile Mavuso     7th June 2018 China’s Belt and Road Initiative (BRI) represents a “new world trade order”, says Siemens global president and CEO Joe Kaeser. In a keynote address at the first Belt and Road International Summit, in Beijing, China, this week, he urged more countries to get actively involved in the BRI. 

Interest in IFC’s solar procurement solution growing across Africa

By: Terence Creamer     6th June 2018 The International Finance Corporation (IFC) reports that its programme to support African governments and utilities in procuring solar photovoltaic (PV) capacity from independent power producers (IPPs) has made significant headway in four countries, with construction of the first project under... 

Interest in IFC’s solar procurement solution growing across Africa
IFC country manager Saleem Karimjee

Solidarity launches four-pronged steel industry initiative amid global steel crisis

By: Schalk Burger     5th June 2018 Trade union Solidarity on Tuesday launched a four-pronged initiative to address and mitigate the impacts of the global steel crisis on local steel producers in an attempt to save jobs and local manufacturing capacity. Solidarity deputy general secretary for metals engineering Marius Croucamp... 

Solidarity launches four-pronged steel industry initiative amid global steel crisis
The old Evraz Highveld Steel and Vanadium plant in eMalahleni

Another two South African wind projects reach financial close

By: Terence Creamer     5th June 2018 A further two South African wind farms, with a combined investment value of R6.6-billion, have reached financial close following the signing of agreements for 27 renewable-energy projects on April 4. Global wind and solar company Mainstream Renewable Power announced on Tuesday that construction... 

Another two South African wind projects reach financial close

Auditor casts doubts on Kenya's ARM Cement's viability after losses

By: Reuters     5th June 2018 ARM Cement's independent auditor has cast doubt on the Kenyan company's survival as a going concern after losses mounted last year. The company, Kenya's second-largest cement maker behind LafargeHolcim's Bamburi Cement, sunk into losses in recent years after financing costs associated with an... 

Telecoms company Seacom upgrades subsea cable system

By: African News Agency      5th June 2018 Pan African telecommunications company Seacom said on Tuesday it had upgraded its key submarine network system from its southern and eastern African coastline landings into Europe at a total capacity of 1.5 terabits per second, adding 500G of new capacity on the system. Seacom said the latest... 

Kenya launches pilot oil export scheme via Mombasa

By: Reuters     4th June 2018 Kenya has launched a pilot scheme to export crude oil via Mombasa as part of efforts to capitalise on the country's oil reserves. The East African country discovered commercial oil reserves in its Lokichar basin in 2012 and a 800 km (500 mile) pipeline is due to be built before production starts... 

South Africa to release new-look renewables bid window in November

By: Terence Creamer     1st June 2018 Energy Minister Jeff Radebe announced on Friday that South Africa would launch a fifth Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) bid window in November with the aim of procuring a further 1 800 MW of renewable energy from independent power producers (IPPs).... 

South Africa to release new-look renewables bid window in November
Photo by Dylan Slater
Energy Minister Jeff Radebe

JDA undertakes R52m public transport facility upgrades

By: Simone Liedtke     1st June 2018 The Johannesburg Development Agency (JDA) has appointed Alberton-based road construction company Boitshoko Construction Road & Surfacing to undertake the first phase upgrade of the Merafe railway station, in Soweto.   

Property sector increasingly embracing solar PV plants

By: Marleny Arnoldi     1st June 2018 JSE-listed real estate investment trust South African Corporate Real Estate (Sacre) will invest more than R30-million to install rooftop solar photovoltaic (PV) plants to help curb ever-rising electricity tariffs at its malls and reduce their carbon footprint.  

Property sector increasingly embracing solar PV plants
Montana Crossing solar panel rooftop

Gauteng govt to release unused land and properties in July

By: Donald Makhafola     1st June 2018 The Gauteng provincial government completed an assets register last year and is expecting to release its property portfolio to the value of R31-billion in July. The portfolio consists of unused land and buildings, Gauteng Infrastructure Development MEC Jacob Mamabolo told construction... 

Gauteng govt to release unused land and properties in July
JACOB MAMABOLO The Gauteng government will release its assets portfolio consisting of land and buildings in July

Tribology talk addresses abundant wear challenges

By: Melissa Zisengwe     1st June 2018 Last month, bearings and bushings manufacturer Vesconite Bearings chairperson Dr Jean-Patrick Leger presented a talk on the adventures and challenges in overcoming wear in different industries at the South African Institute of Tribology in Sandton, Gauteng. Of the presentation, ‘Adventures in... 

Tribology talk addresses abundant wear challenges
JEAN-PATRICK LEGER In applications, two surfaces rub and/or spin against each other causing friction and leading to wear

Active seal solution to mitigate corrosion

By: Melissa Zisengwe     1st June 2018 Companies and industries affected by corrosion should consider Afrisun’s High Ratio Calcium Sulfonate Alkyd (HRCSA) coating to mitigate the threat of corrosion at production plants in the metal- and industrial sectors, says local corrosion solution provider Afrisun Coating Enterprises CEO Quentin... 

Active seal solution to mitigate corrosion
NEW PRODUCT HRCSA coating technology has been used in the US to prevent crevice corrosion

Analytical tools seen as increasingly essential to water management

By: Schalk Burger     1st June 2018 It is inevitable that water utilities will continue to face various challenges, but technology can be used to ensure visibility of water quality throughout the value chain, and automatically communicated to stakeholders and consumers.   In this regard, investment in analytics can be a quick win... 

Analytical tools seen as increasingly essential to water management
MAANDA RAMUTUMBU Analytical tools can empower utilities to manage their water resources more efficiently and enable them to take proactive steps

Utilities urged to increase cyber-physical integration to improve cyberdefence

By: Schalk Burger     1st June 2018 A security strategy that integrates cyber and physical security operations is best practice to protect against increasing cyberattacks and cybercriminal acts that are a challenge for utilities to mitigate, says BT Africa IT Security Sales head Alessandro Postiglioni. Physical and virtual assets... 

Utilities urged to increase cyber-physical integration  to improve cyberdefence
ALESSANDRO POSTIGLIONI Refined controls and new technologies allow utilities to build effective prevention capabilities across business networks and the growing number of endpoints in their environments

Engineering firm aims to lead in technology, innovation to improve services

By: Schalk Burger     1st June 2018 Infrastructure engineering multinational AECOM is developing high-technology building information modelling (BIM) systems as part of the transition to digital business and service models and to meet changing client needs, says AECOM Africa Buildings and Places MD Tim ter Haar. The company is... 

Engineering firm aims to lead in technology, innovation to improve services
TIM TER HAAR AECOM is developing BIM systems and solutions through its interactions with clients to meet their technical requirements and includes the steel milling industry, bulk materials and commodities handling, mining and ports in South Africa

Rics, GBCSA sign MoU for collaboration on sustainable development

By: Marleny Arnoldi     31st May 2018 The Royal Institution of Chartered Surveyors (Rics) has signed a landmark memorandum of understanding (MoU) with the Green Building Council of South Africa (GBCSA). With smart urbanism and sustainability the overall theme at this year’s Rics Summit Africa, the MoU represents a commitment by both... 

Rics, GBCSA sign MoU for collaboration on sustainable development
Rics president John Hughes signs a memorandum of understanding with GBCSA nonexecutive deputy chairperson Nkosinathi Manzana

Infrastructure development key to meeting consumer demand in megacities – economist

By: Marleny Arnoldi     31st May 2018 There are rapidly growing megacities, including Accra, Cairo, Lagos, Johannesburg, Nairobi and Kinshasa, in Africa, and it is important to ensure infrastructure development grows at a pace that will meet the increasing consumer demand that will come out of these megacities, said Imara Africa... 

Infrastructure development key to meeting consumer demand in megacities – economist
Imara Africa Consulting managing partner Barbara Barungi speaking at the Rics Summit Africa 2018

South African steel companies urged to diversify markets in wake of US tariff setback

By: Kim Cloete     31st May 2018 South African steel companies need to continue to look for new markets, particularly in Africa, following the recent setback in which the US government decided not to grant South Africa an exemption on steel and aluminum tariffs, says Economic Development Minister Ebrahim Patel. “We will need to... 

South African steel companies urged to diversify markets in wake of US tariff setback
Economic Development Minister Ebrahim Patel

Summit discusses built environment trends, considerations for thriving Africa development

By: Marleny Arnoldi     31st May 2018 It has been a tumultuous period for the African continent, as since 2014 there have been many pressures affecting the macroeconomic environment – commodity prices took a significant knock, some economies dipped into a recession and the pressure was on from a number of credit ratings agencies.  

Summit discusses built environment trends, considerations for thriving Africa development
Rics CEO Sean Tompkins

Nxesi launches expedited lease renewal process

By: Simone Liedtke     31st May 2018 Public Works Minister Thulas Nxesi on Thursday held a meeting with client departments, private landlords and other stakeholders to expedite finding a resolution to expired leases and the signing of long-term leases, including the so-called “9.11 leases” that are valid for nine years and eleven... 

Nxesi launches expedited lease renewal process
Photo by Creamer Media
Public Works Minister Thulas Nxesi

Attacq disputes claims of illegal water connections at Waterfall

By: Anine Kilian     31st May 2018 JSE-listed Attacq has refuted allegations by the City of Johannesburg (CoJ) regarding illegal water connections at some of the properties under its management in Waterfall City. The property development company said in statement on Thursday that it was in possession of all paperwork and invoicing... 

ATON questions logic of M&R’s proposed ‘poison pill’ Aveng deal

By: Terence Creamer     31st May 2018 Investment company ATON, which is preparing a mandatory offer to buy all the shares in Murray & Roberts (M&R) it does not already own, has reiterated it steadfast opposition to M&R’s proposed acquisition of Aveng, describing the proposed Aveng transaction as a “poison pill” to prevent a takeover... 

ATON questions logic of M&R’s proposed ‘poison pill’ Aveng deal
Photo by Creamer Media
ATON says Aveng transaction would distract M&R from focusing on growth opportunities in mining

Cape Town Iron and Steel Works officially opened 

By: Kim Cloete     30th May 2018 The Cape Town Iron and Steel Works (Cisco) plant has been officially opened in Kuils River, near Cape Town. The plant has created 300 direct and another 120 indirect jobs, with another 200 in the pipeline.   Established originally in 1967, the factory was closed by Murray & Roberts (M&R) in 2010,... 

Cape Town Iron and Steel Works officially opened
Economic Development Minister and DHT president Dagistan Turanli at the Cisco plant opening

M&R says meeting set with ATON to discuss ‘highly strategic’ Aveng deal

By: Terence Creamer     30th May 2018 Murray & Roberts (M&R) confirmed on Wednesday that it would be meeting with its largest single shareholder, ATON, to discuss the merits of M&R’s proposed acquisition of Aveng, which it continues to describe as “highly strategic”. No date has been provided for the meeting, which is being pursued... 

M&R says meeting set with ATON to discuss ‘highly strategic’ Aveng deal

Developers break ground on R3bn Sandton Gate precinct development

By: Simone Liedtke     30th May 2018 Joint developers on the Sandton Gate precinct project, Abland and Tiber, have broken ground on Phase 1 of the development, with the start of bulk earthworks. Phase 1 will include 15 500 m² of commercial space, 13 000 m² of P-grade office space and a 2 500 m² gym positioned on the piazza level of... 

Developers break ground on R3bn Sandton Gate precinct development

Coca-Cola Co's Africa distributor to invest $100m in Kenya over next 5 years

By: Reuters     30th May 2018 Coca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100-million in Kenya over the next five years to improve infrastructure and launch new products. The company, which sells and distributes Coca-Cola Co products in Africa, plans to... 

Milestone year for Vukile as it delivers 7.7% FY18 distribution growth

By: Simone Liedtke     30th May 2018 Property management company Vukile Property Fund achieved 7.7% growth in dividends to 168.82c a share for the full year ended March 31 on the back of a higher second-half distribution growth of 7.9%. As its international investment grows, Vukile aims to hedge 75% of its dividend flow from... 

Milestone year for Vukile as it delivers 7.7% FY18 distribution growth
Photo by Dylan Slater
Vukile Property Fund CEO Laurence Rapp

Exemplar to list on the JSE in June

By: Anine Kilian     30th May 2018 Exemplar Retail has been granted approval to list in the retail real estate investment trust sector on the main board of the JSE, effective June 12. The company said in a statement on Wednesday that it intends to grow its property portfolio through the acquisition of high-quality assets... 

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