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Building and construction 2004

26th January 2004 Although the level of confidence in the building industry increased significantly last year, the slow pace of delivery of significant projects as well as the deferment of capital projects in certain sectors is holding back the construction industry, with low profit margins worsening the situation. 

Building and construction 2004

23rd January 2004 Although the level of confidence in the building industry increased significantly last year, the slow pace of delivery of significant projects as well as the deferment of capital projects in certain sectors is holding back the construction industry, with low profit margins worsening the situation. 

Gas giant’s unemcumbered industrial strategy unveiled

12th December 2003 Following the disposal of its healthcare subsidiary, gas supplier Afrox has set out a strategy to optimise the growth potential and profitability, with particular focus on securing growth in its industrial business. 

Angola ready to incentivise investors

12th December 2003 Farming and agriculture, industry, fishing, civil construction, heavy equipments and infrastructure offer huge investment opportunities for investment in Angola. 

Fixed-mobile synergies study under way

5th December 2003 Telecoms operator Telkom says it is currently undertaking an international study on ways to extract synergies between its fixed-line and mobile operations – the company is a leading shareholder in South Africa’s leading cellular network operator, Vodacom. 

Export-readiness software tool available

5th December 2003 The National Productivity Institute (NPI) has developed a robust software tool Export Readiness Assessment (ERA-NPI) tool that determines the export readiness of a company. 

R260m further investment for Platinum Highway

5th December 2003 The Bakwena Platinum Highway Corridor Concessionaire (BPCC) is to invest a further R260-million capital expenditure for the improvement and construction of the highway including the 16-km Rustenburg ring road, which is expected to begin in January, with completion scheduled for August 2004. 

Industry needs long-term focus for sustainable success

5th December 2003 Efficiency, safety, health, skills development and long-term strategies will be the main emphasis of the newly-elected president of the South African Institute of Mining and Metallurgy (SAIMM), professor Dick Stacey, during his tenure. 

Contractor signs 30% BEE deal

5th December 2003 Building contractor Stocks Building Africa (SBA) has signed an empowerment agreement with black economic empowerment (BEE) group Leswikeng Building, in which the latter has aquired 30% stake in the building contractor. 

IT giant sees salvation in reorganisation

28th November 2003 Although information technology company Dimension Data reported a $9-million loss in its preliminary results for the year ended 30 September 2003, allegedly the first loss in 20 years, the firm is still upbeat about the future. 

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