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Marleny Arnoldi

Marleny Arnoldi

Marleny Arnoldi is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Insurers are rethinking construction sector risk mitigation – Allianz

3rd May 2019 As construction projects become bigger and harder to fund, given rate pressures and market challenges, many insurers are exiting or scaling back in the engineering market, says Allianz Global Corporate & Specialty (AGCS) Africa property and engineering head Seelan Naidoo. He explains that the... 

Intellidex market research forecasts ANC will win with 57% of votes

3rd May 2019 Markets believe there is only a one-third chance of growth-boosting reform after the elections and that there is a 75% probability of President Cyril Ramaphosa remaining in his seat until 2022, at least, according to financial services research house Intellidex. Overall, the market anticipated... 

Indiana granted due diligence deadline extension on Mali projects

3rd May 2019 Aim- and TSX-V-listed Altus Strategies has granted ASX-listed Indiana Resources an extension to the exclusivity period for completing due diligence on the Lakanfla and Tabakorole gold projects, in Mali, to June 14. Indiana requested the extension owing to the time required to process... 

New TCTA board announced

3rd May 2019 Water and Sanitation Minister Gugile Nkwinti has appointed a new board for State-owned water infrastructure project implementer Trans-Caledon Tunnel Authority. The board will serve until April 30, 2022. 

Built environment still plagued by falling-from-height accidents – federation

3rd May 2019 Nelson Mandela University has found that the indirect costs of falling-from-height (FFH) accidents are 14.2 times the direct costs, reports the Federated Employers Mutual Assurance Company. This is backed by UK-based Health and Safety Executive research, which determined the indirect costs of... 

Rescue practitioners initiate Group Five disposals

3rd May 2019 The business rescue practitioners (BRPs) for embattled construction company Group Five announced in April that they would start with a series of disposals to reduce financial liabilities as part of the company’s business rescue proceedings. BRPs David Lake and Peter van den Steen of Metis... 

Tribunal dismisses collusive tendering complaint against WBHO

3rd May 2019 The Competition Tribunal last month dismissed the Competition Commission’s complaint referral against construction company WBHO Construction in which it was alleged to have colluded on a South African National Roads Agency tender. The matter stemmed from the commission’s industry-wide... 

Seifsa welcomes PMI increase to 47.2 in April

2nd May 2019 The Steel and Engineering Industries Federation of Southern Africa has welcomed the increase in the seasonally-adjusted Absa Purchasing Managers’ Index (PMI) for April. Chief economist Dr Michael Ade said the rebounding indicator was encouraging for production processes. The PMI data for April... 

April new-vehicle sales rise by 0.7%, exports by nearly 54% – Naamsa

2nd May 2019 The National Association of Automobile Manufacturers of South Africa on Thursday reported that the latest new-vehicle sales reflected a “welcome surprise” on the upside, with export sales continuing to perform “exceptionally” well. “Exports sales had registered strong growth, reflecting a... 

Ramaphosa addresses YES youth concerns

2nd May 2019 Since President Cyril Ramaphosa launched the Youth Employment Service (YES) in March last year, companies have jointly committed to realising nearly 18 000 work opportunities. The President on Thursday met with YES candidates who started their paid work experience at Nedbank and responded to... 

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