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Quantity Surveyors News

South African M&A activity declines in H1

By: Marleny Arnoldi     12th July 2018 Merger and acquisition (M&A) transactions in South Africa declined in terms of both volume and value of domestic and cross-border deals, according to analysis by law firm Baker McKenzie.  

Q2 building, civil engineering business confidence weakest in six years – CIDB

By: Marleny Arnoldi     3rd July 2018 The Construction Industry Development Board (CIDB) says general building confidence fell by three points to 33 index points in the second quarter – its lowest level in six years.  

100 Resilient Cities appoints Dana Omran as MD for Africa

By: Marleny Arnoldi     25th June 2018 Dana Omran has been appointed Africa MD for the Rockefeller Foundation’s 100 Resilient Cities (100RC) programme.  

Gender inequality in earnings hampers human capital wealth, economy – World Bank Group

By: Marleny Arnoldi     30th May 2018 Globally, countries are losing $160-trillion in wealth because of differences in lifetime earnings between women and men, says World Bank Group.  

Gender inequality in earnings hampers human capital wealth, economy – World Bank Group
World Bank CEO Kristalina Georgieva

Electric vehicles could increase to 220m in 2030 – IEA

By: Marleny Arnoldi     30th May 2018 The International Energy Agency’s (IEA’s) ‘Global Electric Vehicles Outlook’ has found that the number of electric and plug-in hybrid cars on the world’s roads exceeded three-million in 2017, which is a 54% increase compared with 2016.  

Electric vehicles could increase to 220m in 2030 – IEA

Deloitte reports global shift from business to social enterprises

By: Marleny Arnoldi     17th May 2018 Professional services firm Deloitte’s Human Capital Trends 2018 report titled ‘Rise of the Social Enterprise’ showcases a profound shift facing business leaders globally. This shift reflects the growing importance of social capital in shaping an organisation’s purpose, guiding its relationships... 

Trade activity weakens in April, businesses under pressure – Sacci

By: Marleny Arnoldi     16th May 2018 Trade conditions weakened in April, with the South African Chamber of Commerce and Industry (Sacci) Trade Conditions Survey’s Trade Activity Index (TAI) measuring 39, down from 43 in March.  

CEOs’ priorities shifting to embrace digital business – survey

By: Marleny Arnoldi     2nd May 2018 Growth, corporate strategies, information technology (IT) and workforce issues continue to top CEOs’ priorities for this year, says research and advisory company Gartner.  

Cartrack achieves robust subscriber, revenue growth for FY17

By: Marleny Arnoldi     24th April 2018 JSE-listed telematics service provider Cartrack recorded robust subscriber and revenue growth in the financial year ended February 28.  

Cartrack achieves robust subscriber, revenue growth for FY17
Cartrack CEO Zak Calisto

African businesses grow despite difficult macro environment – PwC

By: Marleny Arnoldi     17th April 2018 Despite a challenging environment, with public debt approaching critical levels in some countries and concerns over excessive reliance on oil, African businesses are expanding.  

CEO confidence improves on better economic conditions, industry growth

By: Marleny Arnoldi     13th April 2018 Investment and business services provider Merchantec Capital’s CEO Confidence Index improved to 60 in the first quarter of this year, moving above the neutral 50-point mark for the first time since the first quarter of 2017.  

Absa PMI falls below 50-point mark, Seifsa concerned about unresponsiveness to improving confidence

By: Marleny Arnoldi     3rd April 2018 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) on Tuesday dropped back below the neutral 50-point mark in March, after encouraging improvements during the first two months of the year. The index shed 3.9 points to reach a level of 46.9 points in March, down from 50.8 in February.  

Sacci reports sustained levels of business confidence for February

By: Marleny Arnoldi     7th March 2018 The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) for February showed that the improvement in business confidence was sustained, with the index reaching 98.9 points – 3.4 index points higher than in February 2017.  

Built environment summit in May

By: Dylan Slater     2nd March 2018 The Africa Summit of London-based Royal Institution of Chartered Surveyors (Rics) – which has entrenched itself as a noteworthy yearly event – will reconvene for the fourth consecutive year at Sun International’s Maslow Hotel in Sandton, Johannesburg, from May 30 to 31.  

Drones offer inspection and maintenance benefits for built environment

By: Dylan Slater     16th February 2018 Remotely piloted aircraft systems (RPASes) offer a cost-effective and safe mechanism, with significant benefits, for the built environment sector, especially in terms of inspection and maintenance, according to enterprise applications company Softworx MD Jane Thomson.  

Drones offer inspection and maintenance  benefits for built environment
JANE THOMSON Remotely piloted aircraft systems can lower costs, enhance general visibility and improve personnel safety

Mitigating plastic’s negative public image

By: Marleny Arnoldi     19th January 2018 Continued local and international pressure to ban plastic bags and other single-use plastics, as cited in the media and social media, is at an all-time high, says plastic industry representative body Plastics South Africa (Plastics SA).  

Mitigating plastic’s negative public image
BERNHARD MAHL The characteristics of plastics, including being lightweight, versatile and durable, allow for a strong contribution to a more environmentally sustainable South Africa

Recycling rate increases, boding well for environment

By: Marleny Arnoldi     19th January 2018 The latest plastics recycling figures released by industry body Plastics South Africa (Plastics SA) indicate that South Africans are recycling more plastics than before, which bodes well for local environmental sustainability.  

Recycling rate increases, boding well for environment
Photo by Bloomberg
RESIN FOR REUSE The largest market (comprising 20%) for recyclate is flexible packaging with low-density polyethylene sold to refuse and carrier bag manufacturers

Container supplier sees opportunities despite market slump

By: Nica Schreuder     1st December 2017 The chemicals, power generation, oil and gas, and petrochemicals sectors have created a significant demand for tanktainers, says container industry provider Container World. Tanktainers, or tank containers, are intermodal containers used to transport liquids, gases and powders as bulk cargo. 

Container supplier sees opportunities despite market slump
TANKTAINER Container World’s tanktainers can store nonhazardous, semi-hazardous and hazardous materials and products

SA lacking global competitiveness

By: Marleny Arnoldi     17th November 2017 Local legislation, including stringent policy frameworks, continues to prove cumbersome for the South African construction sector, particularly owing to the necessity to conduct socioeconomic- and environmental-impact assessments, as well as obtain approval from the respective government... 

SA lacking global competitiveness
SOCIOECONOMIC BENEFITS Authorities would do well to accelerate the pace of affordable housing delivery, such as Reconstruction and Development Programme housing

Competition proves long term value of stainless steel

By: Robyn Wilkinson     27th October 2017 The winner of the Southern Africa Stainless Steel Development Association’s (Sassda’s) Eiffel Tower life-cycle costing competition was announced earlier this month, having proven the success of the association’s new cellphone application (app) and the long-term value of stainless steel as a... 

Competition proves long term value of stainless steel
A WINNING FORMULA Sassda Western Cape manager Michel Bassson hands Amrish Punwasi his prize for having proven the success of Sassda’s new app

Nonconformance of standards exacerbates drought conditions

By: Nica Schreuder     13th October 2017 Fundamental conformities not being upheld during the manufacturing stages of pipe production has exacerbated South Africa’s current water scarcity, says plastics and polymer testing laboratory P.E.S.C. MD Graham Marsberg. “The basics of pipe manufacturing involves quality workmanship. This... 

Nonconformance of standards exacerbates drought conditions
CONFORMING TO STANDARDS SATAS or SABS accreditation is essential to ensuring reliable water infrastructure that adheres to strict standards

Geospatial products distributor launches world’s smallest image laser scanner locally

By: Mia Breytenbach     6th October 2017 Geospatial products distributor Aciel Geomatics has officially locally launched the Leica BLK360 imaging laser scanner – the world’s smallest and lightest image laser scanner. Aciel Geomatics, the appointed distributor for Switzerland-based Leica Geosystems AG, launched the scanner at the... 

Geospatial products distributor launches  world’s smallest image laser scanner locally
EASE OF USE The integration of the Leica BLK360 laser image scanner and Autodesk software streamlines the reality capture process

Multidisciplinary platform pursued for project

By: Tasneem Bulbulia     21st July 2017 Engineering professional services consulting firm WSP Africa is making its infrastructure consultancy offering available through one multidisciplinary project delivery platform. WSP Transport and Infrastructure MD Dr Terence Milne joined the company last month to spearhead this venture and... 

Multidisciplinary platform  pursued for project
Photo by Bloomberg
WHOLE OTHER DIMENSION Three-dimensional modelling allows for a project’s building design to be viewed in virtual reality using headsets

South African R&D spending on the rise but government aims yet higher

By: Keith Campbell     12th April 2017 The South African government seeks to increase the country’s investment in research and development (R&D) by 100% from the R29-billion of 2014/2015 to about R60-billion a year by 2020. In terms of percentage of gross domestic product (GDP), this would involve an increase from 0.77% to 1.5%. This... 

South African R&D spending on the rise but government aims yet higher
Science & Technology Minister Naledi Pandor

Local company partners with global software solutions major

By: Mia Breytenbach     7th April 2017 Provider of integrated project cost management software solutions Ares Project Management LLC, subsidiary of Ares Holding Company, and South Africa-based, multi-layered consulting company Infracon Consulting launched their strategic partnership last month. The aim of this partnership is to serve... 

Local company partners with global software solutions major
SOFTWARE PROVISION Infracon Consulting will be able to sell and distribute Ares Prism, an enterprise project life-cycle management solution to manage the complete project life-cycle of capital projects

KPMG at forefront of PRASA rail infrastructure upgrades

By: Tasneem Bulbulia     3rd March 2017 Leading global advisory firm KPMG is providing full financial, commercial and localisation advisory services for one of public transport utility Passenger Rail Agency of South Africa’s (PRASA’s) projects currently under way. The rolling stock project, which reached financial close during the... 

KPMG at forefront of PRASA rail infrastructure upgrades
Photo by Duane Daws
PRASA PROJECT The Passenger Rail Agency of South Africa is replacing the entire metro rail fleet of South Africa through the provision of 3 600 new train car units

Quantity surveyors can minimise inflated construction costs  

By: Nadine James     20th May 2016 Voluntary quantity surveying organisation the Association of South African Quantity Surveyors (ASAQS) executive director Larry Feinberg would like the South African government and construction stakeholders to recognise the value of employing reputable quantity surveyors to alleviate corruption... 

Quantity surveyors  can minimise inflated  construction costs
LARRY FEINBERG The ASAQS executive director believes the South African government should forge stronger relationships with the quantity surveyor profession

SA quantity surveyors should look to Africa for new projects

29th April 2016 Project management company Synergy Property Solutions (Synergy) says South African quantity surveyors should expand their operations to include African countries, as there are vast business opportunities in Africa, and it can assist them overcome the cyclical slumps in the South African economy. 

Educated consultants, surveyors are key in green initiatives

By: Victor Moolman     1st April 2016 Cost consultants and quantity surveyors can play a pivotal role in helping new building projects and decision-makers to make green building decisions during construction, says University of Pretoria Department of Construction Economics quantity surveying programme leader Danie Hoffman. 

Educated consultants, surveyors are key in green initiatives
GREEN BUILDING Success of green technologies depends on all parties being well informed about their application and benefits

Laser scanning technology vital in construction projects

By: Malusi Mkhize     11th March 2016 Using laser scanning technology, from the preliminary phase of a construction project to the detailed design construction as well as the back-end phase, is indispensable, says professional services firm WSP | Parsons Brinckerhoff Africa transportation and infrastructure regional director Douglas... 

Laser scanning technology vital in construction projects
Photo by Bloomberg
INVALUABLE ACCURACY Laser technology provides irrefutable accuracy to either dispute or approve what has been built by a contractor

Building confidence falls to three-year low

By: Anine Kilian     10th March 2016 The First National Bank (FNB)/Bureau for Economic Research Building Confidence Index decreased to 39 points in the first quarter of 2016, from 48 points in the last quarter of 2015, marking its lowest level since early 2013. The current level of the index indicated that more than 60% of... 

Building confidence falls to three-year low

Foundation piles for new Kyalami building project

12th February 2016 Gauteng Piling has provided 118 auger cast in-situ piles for the Kyalami Grand Prix Circuit building project, as part of the extensive upgrade of the Midrand circuit following its acquisition by Porsche South Africa CEO Toby Venter last year. The complete refurbishment of the Kyalami building was... 

Foundation piles for new Kyalami building project
GAUTENG PILING Work in progress for the foundation piles at the new Kyalami Grand Prix Circuit

Building confidence index drops to 44

By: Megan van Wyngaardt     17th September 2015 Financial services provider FNB and the Stellenbosch University’s Bureau of Economic Research Building Confidence Index fell back below 50 in the third quarter, after falling by nine points to 44. The fall was led by a sharp drop in the confidence of manufacturers and hardware retailers on the... 

Building confidence index drops to 44
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