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Manufacturing Circle believes Vaal Triangle should be zoned for special economic development

By: Megan van Wyngaardt     25th November 2016 If government declares the Vaal Triangle a special economic zone, it will not only attract investment back to the area, but also reignite the manufacturing industry, creating jobs and more prosperity. Manufacturing Circle chairperson Andre de Ruyter said on Friday that this could be carried out... 

SA construction firms taking strain – study

By: Irma Venter     25th November 2016 The global multidisciplinary construction industry has been under growing pressure and the situation is no different in South Africa, says a Frost & Sullivan study, titled ‘Analysis of the South African Multidisciplinary Construction Industry within an African Context’. The study looked at the... 

Multidisciplinary construction industry sees sharp drop in market cap

By: Irma Venter     14th November 2016 The global multidisciplinary construction industry has been under growing pressure and the situation is no different in South Africa, says a Frost & Sullivan study, titled ‘Analysis of the South African Multidisciplinary Construction Industry within an African Context’. The study looked at the... 

Investment in infrastructure remains government priority

By: Anine Kilian     26th October 2016 Government has budgeted R987.4-billion for infrastructure over the next three years, with large investments continuing in energy, transport and telecommunications, Finance Minister Pravin Gordhan said during the presentation of the 2016 Medium-Term Budget Policy Statement (MTBPS) on Wednesday. He... 

Long-term global infrastructure growth projected to inch to 5% per year by 2020

By: Anine Kilian     4th July 2016 Analysis released by global consulting firm PwC predicts that global spending  on capital projects and infrastructure (CP&I) will grow by 5% a year within four years, doubling the low rates of growth of just 2% expected this year. The analysis by Oxford Economics, which examined spending across... 

Importance of research undervalued, impacting economic development

     17th May 2016 National research institution the Council for Scientific and Industrial Research's (CSIR's) Built Environment division executive director Dr Cornelius Ruiters says countries that do not adequately invest in research, development and innovation (R&D&I) will not develop economically. 'In South... 

Bokpoort CSP officially inaugurated

By: Anine Kilian     14th March 2016 The R5-billion Bokpoort concentrated solar power (CSP) project was officially inaugurated by Trade and Industry Minister Dr Rob Davies and Kingdom of Saudi Arabia Commerce and Trade Minister Dr Tawfig Fawzan Alrabiah on Monday.   Located in the Northern Cape and developed by a consortium led by... 

Gold miner Acacia looking beyond Tanzania

By: Martin Creamer     8th February 2016 Gold mining company Acacia Mining is looking to go beyond Tanzania into Kenya and West Africa. Acacia CEO Brad Gordon told the 2016 Investing in African Mining Indaba that the company’s growth had stemmed from a focus on business fundamentals, people and relationships. 

Corobrik views affordable housing market as a key component in 2016

     13th January 2016 Corobrik believed further developments in South Africa's affordable housing market and investments in social infrastructure were the key to positive prospects for 2016, with the clay brick and paving manufacturer and distributor seeking to add to the value of South Africa’s infrastructure stock... 

Corobrik eyes govt housing programmes for growth

By: Megan van Wyngaardt     13th January 2016 Clay brick and paving manufacturer Corobrik has set its sights on supplying its products to the local affordable housing market in the year ahead, as government is expected to increase its initiatives to meet the deficit in the housing market for homes valued at between R100 000 and R350 000.... 

Building a career one brick at a time

     6th January 2016 COROBRIK’S newly appointed marketing director Musa Shangase has at his core the unwavering belief that every South African deserves a home they can call their own. Into that understanding is not just a tin or cardboard shanty unable to weather the storms, but the soundness of bricks and mortar... 

Central, West Africa a hotbed of infrastructure growth, report finds

By: Natalie Greve     3rd December 2015 A study into infrastructure development in Africa has pointed to the emergence of Central and North Africa as megaproject hotspots, with 301 transport, energy and power, water and mining projects – denoting investment of $375.4-billion – currently under way on the continent. Drawing from the... 

Gorgon, Wheatstone LNG projects to boost govt coffers – Chevron

By: Esmarie Swanepoel     19th November 2015 US oil and gas major Chevron this week published a document outlining the economic benefits that its projects will deliver to the Australian economy, amid criticism over the group’s tax payments. Chevron stated that its Australian activities would deliver about A$1-trillion to the country’s gross... 

Govt infrastructure spend continues to grow, albeit slower

By: Megan van Wyngaardt     21st October 2015 Government’s investment in infrastructure will continue to grow, but not as rapidly as in the past, with the focus shifting to improving value for money in infrastructure delivery, the National Treasury highlighted on Wednesday, noting that more than R800-billion will be invested in public-sector... 

Outa Encouraged By Parks Tau Anti E-Toll Position

     30th July 2015 The Opposition to Urban Tolling Alliance is encouraged by the public statement of Johannesburg Mayor, Parks Tau, at the Nedbank-New Partnership for Africa’s Development conference, wherein he expressed his opposition to the tolling of Johannesburg’s urban road infrastructure. “We believe the... 

Brics bank will not be fully operational by year-end, says researcher

By: Megan van Wyngaardt     6th July 2015 The Brazil, Russia, India, China and South Africa (Brics) economic grouping should “institutionalise” African issues at the upcoming Brics summit in Russia, from July 8 to 9. Africa had infrastructure needs of an estimated $100-billion a year, which was hampering gross domestic product growth on... 

Gautrain subsidy could fund entire freeway project - AA 

By: News24Wire      26th June 2015 The Automobile Association expressed concern on Friday that the Gautrain subsidy has reached R1.5-billion, saying it could fund the entire Gauteng Freeway Improvement Project (GFIP). Reacting to the announcement made by Gauteng Transport MEC Ismail Vadi at a business breakfast on Wednesday, the... 

Engineers urge use of PPPs to reinvigorate ailing infrastructure roll-out 

By: Terence Creamer     11th February 2015 Private sector expertise and finance should be leveraged to help reinvigorate South Africa’s underperforming infrastructure programmes, Consulting Engineers South Africa (Cesa) argues, adding that the accelerated deployment of energy, transport and water projects will be essential to stimulating... 

India’s proposed mining legislation silent on profit sharing

By: Ajoy K Das     2nd December 2014 India’s proposed legislation to reform the governance of the mining sector makes no mention of profit sharing by mining companies, indicating the government’s lingering indecision on the issue. According to an official in the Mines Ministry, the Mines and Minerals Development and Regulation... 

EPWP alleviating poverty in SA

By: SANews, SA government news service     20th November 2014 Deputy President Cyril Ramaphosa says the Expanded Public Works Programme (EPWP) has alleviated poverty in those areas where it has been implemented. Responding to questions for oral reply at the National Assembly on Wednesday, the Deputy President said the programme has had a positive impact as... 

WA mining sector expects worker decline by 2025

By: Esmarie Swanepoel     14th November 2014 An outlook on the Western Australian resources sector has predicted that while the number of actual workers in the sector would decline between now and 2025, the percentage of fly-in, fly-out (Fifo) workers would increase in the near future. The Western Australian Chamber of Minerals and Energy... 

Qld urged to invest in productivity-enhancing infrastructure

By: Esmarie Swanepoel     3rd November 2014 The Queensland Resources Council (QRC) has urged the state government to invest in productivity-enhancing infrastructure to allow potential resources projects in the state to proceed. QRC CEO Michael Roche said in a submission to the government on how funds from the Strong Choices Investment... 

Road infrastructure development crucial

By: Jonathan Rodin     31st October 2014 There is a clear plan laid out by government and significant investment proposed in terms of South Africa’s road network infrastructure development, which is positive for the country’s future development, as it is integral to growing the economy. “The fundamentals of any country, or city, is its... 

‘Fastest-growing’ programmes to be fast-tracked, as expenditure ceiling is cut

By: Natasha Odendaal     22nd October 2014 Government aimed to fast-track certain “fast-growing” infrastructure programmes, despite cutting back on expenditure over the next few years, the 2014 Medium-Term Budget Policy Statement (MTBPS) revealed on Wednesday. The MTBPS, released by new Finance Minister Nhlanhla Nene, proposed a series of... 

Sanral asked to speak to Makhura on e-tolls 

By: Sapa     17th September 2014 The South African National Roads Agency Limited (Sanral) requested a meeting with Gauteng premier David Makhura on e-tolling before he set up a review panel, it said on Wednesday. "Perceptions that we were not prepared to enter into dialogue are therefore unfortunate," SA National Roads Agency... 

SA should buy in to ‘smart city’ concept – asset manager

By: Natalie Greve     10th July 2014 As a growing global player, South Africa would do well to pioneer the ‘smart city’ concept on the continent, but this would require the alignment of local legislation with international best practice on asset management, said physical asset management firm Pragma sales and marketing director Nico... 

Public sector projects help lift StefStocks’ order book to R12.8bn 

By: Terence Creamer     22nd May 2014 Public sector contracts are accounting for a rising proportion of construction company Stefanutti Stocks’ R12.8-billion order book, particularly as demand from mining clients softens. CEO Willie Meyburgh expects public sector contracts to comprise about 40% of turnover in the coming year,... 

New supplier development body set up to link contract winners with local partners

By: Terence Creamer     9th May 2014 A new business association has been formally launched to link foreign suppliers of equipment to State-owned companies (SoCs) with large and small domestic companies in an effort to improve prospects for higher levels of local content in South Africa’s multibillion-rand infrastructure programme.... 

New supplier development body to stimulate infrastructure localisation

By: Terence Creamer     24th April 2014 A new business association has been formally launched to link foreign suppliers of equipment to State-owned companies (SoCs) with large and small domestic companies in an effort to improve prospects for higher levels of local content in South Africa’s multibillion-rand infrastructure programme.... 

SA 20-year growth positive but still modest compared with other emerging economies – Zuma 

By: Leandi Kolver     11th March 2014 The South African economy has grown by an average of 3.2% a year from 1994 to 2012, while the number of people employed increased by about 5.6-million, or 60%, between 1994 and 2013, President Jacob Zuma said on Tuesday at the release of the Presidency’s 20-year review. While this growth was... 

Construction projects face challenges owing to skills shortage - ATI

     14th February 2014 The South African construction industry, which many expect to go through a high growth phase this year, owing to an increased number of construction projects, and a greater focus on housing projects and large-scale infrastructure projects, is facing severe problems regarding construction project... 

Innovative building technologies can aid delivery of social infrastructure  

By: Schalk Burger     24th January 2014 Social infrastructure, including clinics, schools and student accommodation, will be constructed using innovative building technologies (IBTs), which can reduce costs by up to 41% and construction time by up to 50%, says research organisation Council for Scientific and Industrial Research (CSIR)... 

Africa can sustain itself, policy certainty crucial for success of energy sectors

By: Sashnee Moodley     16th January 2014 Energy is a long-term investment and significant funds, a long-term plan and clear policy frameworks are needed in Africa to ensure thriving energy sectors on the continent. 

Eskom Caught In Crosshairs Of Its Own Inaction To Protect Environment

By: Creamer Media Reporter      20th September 2013 Eskom’s response, in a statement released on Wednesday, to groundWork and Earthlife Africa Jhb’s concerns on the company’s application for exemption from Minimum Emission Standards and postponement of the MES timeframes for a number of their power stations, including Medupi, is best described as... 

Indian conundrum over mining vs social development resurfaces

By: Ajoy K Das     31st May 2013 The Indian government’s conundrum over the linkages between mining, social development and tribal extremism has resurfaced, with a Minister questioning the sanctioning of mining in forests. Rural Development Minister Jairam Ramesh has raised questions over the approval of iron-ore and mining... 

$15m African project development facility launched

By: Joanne Taylor     1st March 2013 African-led multilateral financial institution the Africa Finance Corporation (AFC) and the Dutch Development Bank (FMO) recently launched a project-development facility. 

Global mining drives 45%-plus of world GDP – Cutifani

By: Martin Creamer     4th July 2012 The global mining industry drives more than 45% of the world’s gross domestic product (GDP), either on a direct basis or through the use of products that facilitate other industries, says AngloGold Ashanti CEO Mark Cutifani. Cutifani, who addressed this week’s Mining for Change conference,... 

KZN economy to grow by 3.5% this year

By: Chantelle Kotze     8th June 2012 The KwaZulu-Natal (KZN) province is cautiously optimistic that the provincial economy will grow by 3.5% this year, largely supported by the manufacturing sector and fixed capital investment by the government, KZN member of the executive council for finance Ina Cronjé has said. 

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