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Sugar tax to leave secondary industries desolate – association

By: Megan van Wyngaardt     20th September 2016 The South African Sugar Association (Sasa) has called on the National Treasury to reconsider its intention to introduce a tax on sugar sweetened beverages (SSBs) by April next year, saying that, not only will it have an adverse effect on the beverages industry, but also widespread ramifications... 

Vodacom enhances coverage in Gautrain’s underground tunnels

By: Natasha Odendaal     6th September 2016 Telecommunications giant Vodacom has enhanced its connectivity coverage along select routes of Gautrain’s underground tracks with speeds in excess of 100 Mb/s The group on Tuesday announced that its fourth-generation (4G) coverage currently deployed along the Rosebank, Sandton, Marlboro and... 

Taste in no hurry to open more Starbucks stores in South Africa

By: News24Wire      6th September 2016 Starbucks South Africa subsidiary owner, Taste Holdings, is focusing on delivering a “quality” Starbucks experience and is in not going to add any “pressure” on itself to churn out more Starbucks stores for the time being. This is according to Taste Holdings CEO Carlo Gonzaga, who was speaking at... 

Hyprop vacancies fall, FY distributions rise 14.2% y/y

By: Megan van Wyngaardt     2nd September 2016 Specialist shopping centre real estate investment trust Hyprop has reported double-digit growth for the year ended June 30, off the back of its defensive quality shopping centre portfolio. Hyprop declared a total distribution of 619.9c a share for the full year, up 14.2% on the prior year, with... 

Africa offers many oil, gas opportunities – PwC

By: Anine Kilian     22nd August 2016 Now is an opportune time for governments in Africa wanting to attract oil and gas investors to reform their regulatory, fiscal and licensing systems, says PwC Africa oil & gas advisory leader Chris Bredenhann. Speaking at the launch of PwC’s ‘Africa Oil & Gas Review 2016’ in Rosebank, on Monday,... 

Uber mulls new South African services as it expands African footprint 

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Uber mulls new South African services as it expands African footprint

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Gigaba challenges Western media perspectives on Brics 

By: News24Wire      11th August 2016 For developing countries to achieve meaningful development, they must rely on their own resources to achieve their objectives. The Brics Forum and the introduction of the New Development Bank (NDB) are contributing to this independent development, according to Home Affairs Minister Malusi Gigaba.... 

Suncor expands reach in UK’s North Sea basin

By: Henry Lazenby     9th August 2016 Canadian oil and gas major Suncor Energy will acquire a 30% participating interest in the UK North Sea Rosebank project from international, integrated oil and gas company OMV for an initial payment of $50-million. Subject to conditions, including regulatory approval, subsidiary Suncor Energy UK... 

Rea Vaya BRT system to be extended to Sandton

By: Irma Venter     5th August 2016 The City of Johannesburg aims to bring its Rea Vaya bus rapid transit (BRT) system to Sandton central within the next two years. Rea Vaya started operations in 2009, and already runs between areas such as Parktown, Doornfontein and Soweto. 

Potain Helps Barrow Construction Raise Property Value

     1st August 2016 A large commercial property development has rapidly climbed out of the ground on the corner of Oxford and Glenhove Roads in Rosebank, Gauteng, since earthworks started on the site in July 2015. The quick rate at which this office block is being built is a trademark of Barrow Construction’s... 

Gautrain agency crunching numbers on new lines, tunnels and rolling stock

By: Irma Venter     29th July 2016 Building and operating the Gautrain rail system has always been a complex numbers game, ever since former Gauteng Premier Mbhazima Shilowa first announced the project in 2000. Six years from the start of operations in 2010, not much has changed. 

Gautrain agency crunching numbers on new lines, tunnels and rolling stock

By: Irma Venter     29th July 2016 Building and operating the Gautrain rail system has always been a complex numbers game, ever since former Gauteng premier Mbhazima Shilowa first announced the project in 2000. Six years on from the start of operations in 2010, not much has changed. 

Who you gonna call to clean up the streets? 

     20th July 2016 Ghostbusters and Kärcher of course! There’s something strange in our neighbourhood’s – the iconic Ghostbusters ‘No Ghost’ logo has been spotted around Johannesburg and Durban thanks to a rather unique partnership between the new Ghostbusters movie and global cleaning company Kärcher, official... 

Rea Vaya to reach Sandton central by 2018

By: Irma Venter     18th July 2016 The City of Johannesburg aims to bring its Rea Vaya bus rapid transit (BRT) system to Sandton central within the next two years. Rea Vaya started operations in 2009, and already runs between areas such as Parktown, Doornfontein and Soweto. 

June business confidence increases to 95.1 – Sacci

By: Anine Kilian     6th July 2016 The rebased South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) measured 95.1 in June, up 3.3 index points from the 91.8 index points reported in May. Sacci, which released its BCI results in Rosebank, Johannesburg, on Wednesday, noted that the June improvement... 

Proudly SA seeks new CEO as Leslie Sedibe's contract ends

By: News24Wire      30th June 2016 The future of Proudly South African CEO Leslie Sedibe at the organisation hangs in the balance after the board decided not to renew his contract, which comes to an end in August. News24 has seen the board's resolution which was taken on June 10 in Rosebank where the board was asked to review... 

Six stars for Solid Green’s own offices

     27th June 2016 In another ‘first’ for the South African green building sector, Solid Green Consulting has been awarded the first 6-Star Green Star SA Interiors v1 certification for the company’s own offices in Rosebank, Johannesburg. Located on the second floor of an existing mixed-use commercial building on... 

JHI wins appointment to manage Old Mutual properties

     6th June 2016 JHI, part of the Excellerate Property Services Group, has been appointed to manage Old Mutual Life Assurance Company SA’s entire property portfolio in South Africa and Namibia, from 1 April 2016. This new property management agreement is a cost-effective solution that allows leading real estate... 

New 12-storey apartment block to cater for growing Rosebank demand

By: Mia Breytenbach     3rd June 2016 Construction of The Tyrwhitt apartment block in Rosebank, Johannesburg, launched by real estate agency Renprop in conjunction with development partner property management company Grapnel Property Group, has started, with expected completion in mid-2018. This development follows the group’s The... 

Gautrain disruptions cause havoc in Johannesburg

By: African News Agency      1st June 2016 The month of June started badly for Gautrain passengers with service interruptions adding to the pain of fare increases which came into force on Wednesday. Passengers faced the grim possibility of missing their flights as services from Johannesburg’s Park Station and Pretoria to OR Tambo... 

Nuclear awareness low, rational debate needed in South Africa 

By: Natasha Odendaal     6th May 2016 The general perceptions, often misinformed, surrounding nuclear development and South Africa’s nuclear programme need to be unpacked and clarified, so that citizens can make their own informed decisions, rationally, around the subject, industry proponents urged on Friday. South Africa’s ambitions... 

There is a business case for nuclear in South Africa, says Necsa CEO 

By: Natasha Odendaal     6th May 2016 Government’s proposed 9.6 GW nuclear build programme has a place in South Africa, with new research showing that its base case cost could be lower than that of coal-fired power generation, South African Nuclear Energy Corporation (Necsa) CEO Phumzile Tshelane said on Friday. He noted that the... 

First South African Starbucks opens

     21st April 2016 The first Starbucks store in South Africa opened its doors to the public on Thursday. The store, in Rosebank, Gauteng, would offer a range of Starbucks beverages and food, including Starbucks’ ethically sourced 100% Arabica coffee. However, South African customer tastes were also taken into... 

Faster-moving attacks threaten enterprises

     29th March 2016 High speed networks, an exponential increase in the number of endpoints, and a more tech-savvy employee base mean a great deal more risk for enterprises, says Fortinet. Addressing a media round table in Rosebank, Fortinet Africa executives said the risks to enterprise had increased and changed... 

Jinx Expands For Lower Costs, Better Performance

     14th March 2016 INX-ZA has for the first time expanded the Johannesburg Internet Exchange beyond the Rosebank facility that has served Africa’s oldest Internet exchange for twenty years. JINX began as a project of the Internet Service Providers’ Association and is now independently managed by INX-ZA which... 

Taiwan businesses headed to S Africa to stimulate trade

By: Megan van Wyngaardt     19th February 2016 Nonprofit trade organisation Taiwan External Trade Development Council will lead a business delegation of 25 Taiwanese enterprises on a visit to South Africa on March 2, aimed at promoting possible business opportunities between the two countries. The Taiwanese delegation would host a trade... 

Emira eyes asset base expansion, R2.5bn investment in potential projects

By: Natasha Odendaal     18th February 2016 Emira Property Fund is mulling the injection of R2.5-billion in capital expenditure (capex) for projects-in-planning across its portfolio after several successful redevelopment, expansion and improvement projects, as well as acquisitions and disposals, boosted the JSE-listed real estate... 

Giuricich Bros build expertise in retail development and celebrate new WWF green building landmark

     3rd December 2015 Giuricich Bros Construction – a leading South African independent and family owned construction firm – has increased its presence in the retail development sector by securing the lucrative building contracts for the new 45,000m² Springs Mall at Blue Crane Eco Park and the 15,000m² expansion of... 

Gautrain capacity-expansion measures advancing

By: Mia Breytenbach     27th November 2015 Several key capacity-expansion projects are under way to enhance the operational capacity of the existing Gautrain rapid rail link system, says transport provider Gautrain Management Agency (GMA). “In the short term, GMA aims to increase the parking capacity at its stations. The second step is to... 

Johannesburg municipality to continue public transport initiatives  

By: Mia Breytenbach     27th November 2015 The City of Johannesburg municipality plans to continue its focus on the implementation of an integrated transport system through its transport legacy projects following the EcoMobility World Festival 2015, in the Sandton central business district (CBD). “[The festival] proved . . . that there is... 

Financial sector gears up for Twin Peaks implementation next year

By: Natasha Odendaal     26th November 2015 As Parliament mulls the new regulatory framework to govern South Africa’s financial industry, the sector is preparing for its promulgation; however, it will require a complete “rethink” of the way regulators guide financial institutions. The tabling of the Financial Sector Regulation (FSR) Bill... 

Successful entrepreneurs will limit the downside now to maximise profits in the future

     11th November 2015 The year ahead will be tough, but commercial businesses that can process increased complexity and drive an entrepreneurial agenda are likely to outperform, says Standard Bank. Commercial businesses, which earn revenues of between R300 million and R1.2 billion, are seen as a fast growing market... 

GE exec urges South Africa to broaden localisation architecture 

By: Terence Creamer     3rd November 2015 Increasing local content in purchases by government departments and State-owned companies is viewed as a key pillar of South Africa’s reindustrialisation efforts. But the head of GE Transportation Africa, Thomas Konditi, believes the initiative could be augmented through the creation of a... 

TPT keeps eye on financial stability 

By: Natasha Odendaal     28th October 2015 As State-owned Transnet prepares to deliver its financial results for the first half of this year on Thursday, Transnet Port Terminals (TPT) CEO Karl Socikwa on Wednesday vowed to do everything possible to keep the division’s balance sheet healthy as the South African economy faces low economic... 

Sasol’s new office construction progressing

By: Mia Breytenbach     23rd October 2015 More than 3 000 of integrated energy and petrochemicals major Sasol’s personnel will move to the group’s new headquarters in Katherine street, Sandton, Gauteng – a consolidation of the group’s 17 offices currently located in Rosebank, Randburg and Bryanston – in the second half of 2016.... 

Stainless steel products supplied to Joburg projects

By: Kimberley Smuts     23rd October 2015 Metal finishes specialist Rimex Metals South Africa (SA) – a Southern Africa Stainless Steel Development Association (Sassda) member –¬ is continuously supplying stainless steel products and industry knowledge to various projects in Johannesburg, such as the Sandton City refurbishment and the... 

Abland develops R700m office park in Parktown

By: Megan van Wyngaardt     19th October 2015 Marking the first new office park development in the Parktown node in over ten years, property development company Abland is building a R700-million, 35 000 m2 A-grade office park in the area.   The company expected that the Hill on Empire development, which was strategically positioned on Empire... 

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