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

By: Irma Venter     Updated 4 hours ago 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... 

Abland introduces Hill on Empire

     19th October 2015 Abland is developing the 35,000sqm A-grade office park development in Parktown called Hill on Empire. This is the first new office park development to be constructed in this Johannesburg node in more than 10 years. The development is strategically positioned in Johannesburg’s leafy green suburb... 

New development taking shape in Pretoria's rugby heartland

By: Anine Kilian     2nd October 2015 JSE-listed property investment and development company Pivotal Property Fund (Pivotal) and property developer Abland broke ground on their Loftus Park development last month. The mixed-use development is adjacent to the home of Pretoria-based rugby team the Blue Bulls, Loftus Versfeld sports... 

Real estate investment trust lifts distributions

By: Anine Kilian     18th September 2015 JSE-listed real estate investment trust (Reit) Hyprop achieved a 15% increase in total distributions to 543c a share for the 2015 financial year. Revenue and distributable earnings from investment property increased by 11.9% and 14.5%, respectively, while net asset value (NAV) per share rose... 

Hyprop lifts FY distributions

By: Anine Kilian     1st September 2015 JSE-listed real estate investment trust (Reit) Hyprop achieved a 15% increase in total distributions to 543c a share for the 2015 financial year. Revenue and distributable earnings from investment property increased by 11.9% and 14.5%, respectively, while net asset value (NAV) per share rose... 

Telkom beds Tribunal approval, now in last leg of BCX acquisition

By: Natasha Odendaal     5th August 2015 Following the Competition Tribunal’s approval, with conditions, of JSE-listed Telkom’s play for information and communication technology (ICT) firm Business Connexion (BCX), the telecommunications giant now eyed the approval of the Takeover Regulations Panel and the JSE. The R2.67-billion deal... 

Gautrain rapid rail link, South Africa

By: Sheila Barradas     31st July 2015 A request for proposals will be released in September for the procurement of 12 additional train sets for the Gautrain rapid-rail operation. 

Hulamin focuses on growing local demand amid global headwinds 

By: Megan van Wyngaardt     27th July 2015 Weakened demand from China, paired with the ongoing electricity challenges in South Africa, have led to JSE-listed Hulamin’s headline earnings a share falling to 25c a share for the six months to June 30, compared with 40c in the first half of last year. Further, the company’s earnings before... 

Montana says govt to review PRASA’s decision to cut his contract short

By: Natasha Odendaal     17th July 2015 Shortly after the Passenger Rail Agency of South Africa’s (PRASA’s) eleventh-hour cancellation of its anticipated press conference surrounding the exit of Lucky Montana, the ousted CEO on Friday said the cutting short of his notice period was “disappointing but not unexpected”. However, speaking... 

Gautrain rapid rail link, South Africa

By: Sheila Barradas     17th July 2015 The legal process involving the delay and disruption claim, which the Bombela consortium filed against the Gauteng provincial government, is progressing. 

Financial feasibility of Sandton bike-sharing scheme doubtful, study finds

By: Natalie Greve     7th July 2015 While considered technically feasible, a recent government-sanctioned study by engineering consulting firm GIBB has suggested that a proposed bicycle-sharing schemes (BSS) in Johannesburg may prove to be financially unworkable, with income from the scheme unlikely to cover its operational costs.... 

Gautrain tests mobile connectivity at underground stations

By: Natalie Greve     2nd July 2015 Commuters on Gauteng’s Gautrain system will, for a three-day period from Thursday, have access to limited data and voice mobile communication service coverage across the MTN and Vodacom networks in the Gautrain’s underground Sandton, Rosebank and Park stations, the Gautrain Management Agency... 

City of Joburg plans on expanding paid street parking

By: News24Wire      15th June 2015 The City of Johannesburg has plans to extend the paid street parking system to other busy areas in the metro such as Rosebank. "Most cities have a parking management system together with enforcement measures to ensure a fair simple parking solution for motorists," spokesperson Nthatisi Modingoane... 

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