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Construction News

Streamlined Aveng says core units are poised to grow as disposals taper 

By: Terence Creamer     25th February 2020 Infrastructure and resources group Aveng, which is at the tail-end of a far-reaching restructuring exercise that has already resulted in disposals collectively valued at R1-billion, reports that its two remaining core businesses – Moolmans and McConnell Dowell – are both operating profitably and... 

Shoprite forms JV with Equites

By: Reuters     25th February 2020 South Africa's Shoprite Holdings will transfer its distribution centres and undeveloped land valued at R2-billion to a new joint venture (JV) it is creating with Equites Property Fund, the supermarket chain said on Tuesday. Shoprite has more than 2 800 stores across Africa and has said it wants... 

Amatola Water Board to lead drought intervention in Eastern Cape

By: News24Wire      25th February 2020 Water and Sanitation Minister Lindiwe Sisulu has commissioned the Amatola Water Board to lead the drought intervention plan in the Eastern Cape, the board said on Monday. In a statement, it added it was assigned to solve water shortage and infrastructure challenges in various municipalities to... 

Sasol confirms making 600 MW own-gen proposal in response to DMRE RFI   

By: Terence Creamer     24th February 2020 Sasol CEO Fleetwood Grobler confirmed on Monday that the energy and chemicals group made a submission to the Department of Mineral Resources and Energy in line with its request for information (RFI) on possible emergency electricity solutions that could be “grid-connected in the shortest time at... 

Sasol confirms making 600 MW own-gen proposal in response to DMRE RFI
Sasol CEO Fleetwood Grobler on the need for a culture change at the company following major cost overruns at its US project. Camera Work: Kutlwano Matlala. Editing: Nicholas Boyd. Recorded: 24.2.2020

EIB commits to continue supporting African investment

By: Tasneem Bulbulia     24th February 2020 Lending institution, the European Investment Bank (EIB) expects to significantly increase engagement in both sub-Saharan and North Africa and to provide €4-billion to support public and private investment across the continent this year. This will include increased support for infrastructure that... 

Quality assets underpin Liberty Two Degrees' solid 2019 performance

By: Simone Liedtke     24th February 2020 Sustainable trading density growth of 3.6% for the year ended December 31 was reported for South Africa-focused retail-centered real estate investment trust (Reit) Liberty Two Degrees’ (L2D’s) retail portfolio, with Sandton leading at 9%, up from 4% in 2018. This, the company said on Monday, was... 

As South Africa prepares to resume renewables procurement, new global report points to rising popularity of auctions 

By: Terence Creamer     21st February 2020 As South Africa prepares to restart its electricity procurement programmes, following a five-year hiatus, the global popularity of competitive auctions as the preferred instrument for procuring renewable energy has again been highlighted in a newly released report. Published by the International... 

As South Africa prepares to resume renewables procurement, new global report points to rising popularity of auctions

Jungle Oats opens new Oat Mill in the Western Cape

21st February 2020 JSE-listed Tiger Brands has officially opened its new Oat Mill for its first and oldest product – Jungle Oats – in Maitland, Cape Town. Speaking at the opening event on Friday, unit manager Rees de Villiers outlined some of the advanced features of the new mill. 

Indaba increases prospect of project funding

By: Cameron Mackay     21st February 2020 The Africa Energy Indaba provides an ideal opportunity for State-owned export credit agency (ECA) the Export Credit Insurance Corporation of South Africa (ECIC) to become more involved in the funding of significant energy infrastructure projects. “The Indaba raises the ECIC’s profile as an... 

Indaba increases prospect of project funding
ATTRACTING THE GLOBE The ECIC’s mandate from government is to make local exports attractive to international buyers to attract foreign income, stimulate local economic growth and create jobs

Chemists develop process to turn rubbish into graphene

By: Schalk Burger     21st February 2020 Rice University laboratory chemists, led by James Tour, have in the science journal Nature introduced a process by which almost any source of carbon can be turned into graphene flakes, the university said. The gram-scale bottom-up flash graphene synthesis process is quick and cheap and can... 

Chemists develop process to turn rubbish into graphene
FLASH GRAPHENE Undergraduate intern Christina Crassas, chemist James Tour and graduate students Paul Advincula and Duy Luong turn carbon black into graphene in a flash

Kenyan cement firms want protection from surging imports

By: John Muchira     21st February 2020 Cement manufacturers in Kenya are pushing for tough interventions intervention by government to stem the influx of imports, which are threatening the competitiveness of local producers. National Cement Company chairperson Narendra Raval said this month that Kenya had enough clinker to meet local... 

Cape Town adds more energy to Indaba

By: Cameron Mackay     21st February 2020 The decision to host this year’s Africa Energy Indaba at the Cape Town International Convention Centre on March 3 and 4, rather than in Johannesburg, where it was hosted previously, has resulted in increased interest from African and global delegates to attend the event, says Africa Energy Indaba... 

Cape Town adds more  energy to Indaba
ENERGISING AFRICA The sub-Saharan and East African regions will feature strongly at the indaba as electricity demand in these regions, and the rest of Africa, is growing

New energy paradigm can drive Africa’s development

By: Schalk Burger     21st February 2020 Africa can meet its major sustainable energy and development goals without becoming more energy intensive, as it has a unique opportunity to use renewable energy, natural gas and energy efficiency to meet its development needs and provide reliable and modern energy services. This is the... 

New energy paradigm can drive Africa’s development

Energy institute to focus on IRP at Indaba

By: Cameron Mackay     21st February 2020 The publication of the long-awaited Integrated Resource Plan (IRP) in October last year will be a significant focus area for State-owned energy researcher the South African National Energy Development Institute (Sanedi) at this year’s Africa Energy Indaba. “The publication of the IRP provides... 

Energy institute to focus on IRP at Indaba
BARRY BREDENKAMP We certainly don’t have to re-invent the wheel, there are many African countries doing exceptional work in this area, and we can learn from them

Fundi launches student accommodation digital platform

By: Tasneem Bulbulia     20th February 2020 Education funding and solutions provider Fundi on Thursday launched its new digital student accommodation platform, a single-access source for all things student accommodation. Launching the platform at the Rand Club, in Johannesburg, Fundi CEO Tshepo Ditshego said the organisation chose to... 

Inconsistencies between fiscal and other policies resulting in ‘austerity without consolidation’ 

By: Terence Creamer     20th February 2020 Prevailing inconsistencies between fiscal policy and the rest of government policy lay at the heart of the South African government’s current financial crisis and was resulting in “austerity without fiscal consolidation”, University of the Witwatersrand adjunct professor of public economics... 

Inconsistencies between fiscal and other policies resulting in ‘austerity without consolidation’
University of the Witwatersrand adjunct professor of public economics Michael Sachs

Balwin to buy Umhlanga property from Tongaat for R167m

By: Tasneem Bulbulia     19th February 2020 JSE-listed Balwin Properties has concluded an agreement to buy, from Tongaat Hulett Development, Portion 3 & 4 of Erf 3465 Umhlanga Rocks; Portion 6 of ERF 3465 Umhlanga Rocks; the remainder of Erf 3434 Umhlanga Rocks; and the remainder of Erf 3465 and 3457 Umhlanga Rocks, measuring 64 ha in... 

Emira focused on steady, incremental growth amid tough market conditions

By: Marleny Arnoldi     19th February 2020 JSE-listed real estate investment trust (Reit) Emira Property Fund says the performance of its US-based assets has contributed to the company’s distribution growth of 1.7% year-on-year for the six months ended December 31. The Reit declared an interim dividend of 74.10c for the six months under... 

Emira focused on steady, incremental growth amid tough market conditions
Emira Property Fund CEO Geoff Jennett

Mantashe says Ministerial Determinations needed to unlock IRP 2019 are finalised and await Nersa’s concurrence 

By: Terence Creamer     19th February 2020 Mineral Resources and Energy Minister Gwede Mantashe announced on Wednesday that the Section 34 Ministerial Determinations required to give effect to the Integrated Resource Plan 2019 had been finalised and were currently serving before the National Energy Regulator of South Africa in order to... 

Mantashe says Ministerial Determinations needed to unlock IRP 2019 are finalised and await Nersa’s concurrence
Mineral Resources and Energy Minister Gwede Mantashe

CIG reports constrained trading conditions

By: Tasneem Bulbulia     19th February 2020 JSE-listed Consolidated Infrastructure Group (CIG) says it continues to trade in extremely difficult macroeconomic conditions, with pressure on all businesses. Reporting on the company’s results for the four months ended December 31, CIG on Wednesday said it had, however, initiated interventions... 

Growthpoint welcomes first tenants to its KZN industrial park

By: Marleny Arnoldi     19th February 2020 Real estate investment trust Growthpoint Properties has completed the first phase of its new Growthpoint Industrial Park, in KwaZulu-Natal. The company says the park has received keen market interest and its first tenants are already operating from the 20 300 m2 initial phase of the... 

Growthpoint welcomes first tenants to its KZN industrial park
Growthpoint Properties' industrial park, in KwaZulu-Natal

New Concor chief sees surge in issuance of large tenders as sign of possible construction turnaround 

By: Terence Creamer     19th February 2020 Newly appointed Concor CEO Lucas Tseki believes the strong flow of tenders in the last quarter of 2019 could signal that the domestic construction market is finally bottoming out. He is also cautiously optimistic that infrastructure-focused departments and State-owned enterprises (SOEs) are, at... 

New Concor chief sees surge in issuance of large tenders as sign of possible construction turnaround
Concor CEO Lucas Tseki

Ramaphosa to meet business executives on infrastructure investment

By: African News Agency      18th February 2020 President Cyril Ramaphosa was due to meet the chief executives of commercial banks and leaders of multilateral development finance institutions on Tuesday to assess progress made in efforts to intensify infrastructure investment, his office said. In a statement, the Presidency said the... 

 Ramaphosa to meet business executives on infrastructure investment
President Cyril Ramaphosa

SACPCMP requests patience during systems update process

By: Tasneem Bulbulia     17th February 2020 To improve service delivery to its stakeholders, the South African Council for the Project and Construction Management Professions (SACPCMP) is updating its registration and application systems.  The update is in response to challenges that the council’s stakeholders have faced in recent years in... 

Sephaku rights offer closes

17th February 2020 JSE-listed Sephaku Holdings’ partially underwritten, renounceable rights offer, which was aimed at raising up to R37.5-million closed on Friday. Sephaku on Monday said 43% of the rights offer shares had been subscribed for. 

DP World to upgrade, maintain Eritrean ports

By: Bloomberg     17th February 2020 The Red Sea state of Eritrea contracted DP World to upgrade its ports as regional peace brings increased business to its shores. Formerly isolated Eritrea is normalizing foreign relations after signing an historic peace deal in July 2018 with neighbouring Ethiopia, Africa’s second-most populous... 

Citigroup expects debt sales to boost sub-Saharan African deals

By: Bloomberg     17th February 2020 Citigroup expects the value of deals from sub-Saharan Africa to exceed 2019 levels as governments, State-owned institutions and companies in the region raise more debt for much-needed infrastructure. “Countries like Ethiopia and Angola, for instance, are undergoing transformations that are... 

Renewables bodies call for clear timelines after Ramaphosa commits to restarting IPP procurement

By: Terence Creamer     14th February 2020 South Africa’s wind and solar industry bodies have welcomed President Cyril Ramaphosa’s commitment, made in his 2020 State of the Nation Address (SoNA), to restarting the long-delayed Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). However, they have also called on... 

Renewables bodies call for clear timelines after Ramaphosa commits to restarting IPP procurement
South African Wind Energy Association CEO Ntombifuthi Ntuli

Seifsa, Minerals Council react positively to SoNA commitments

By: Marleny Arnoldi     14th February 2020 The mining and metals and engineering sectors have mostly welcomed President Cyril Ramaphosa’s plans around energy and infrastructure, following his State of the Nation Address (SoNA) on Thursday night. The Minerals Council South Africa said in a statement that it was encouraged by the... 

Ramaphosa announces new science and technology varsity

By: News24Wire      14th February 2020 The people of Ekurhuleni in Gauteng will soon enjoy a new science and technology university, President Cyril Ramaphosa promised during his State of the Nation Address (SoNA) on Thursday night. "We will enable young people in that metro to be trained in high-impact and cutting edge technological... 

Govt to invest R1.4bn to modernise PRASA

By: News24Wire      14th February 2020 South Africa's long-suffering train commuters can soon look forward to a smooth ride. President Cyril Ramaphosa said the government would boost the Passenger Rail Agency of South Africa's (PRASA) rail network by R1.4-billion. 

Industry remains in decline

By: Mc'Kyla Nortje     14th February 2020 Although the civil engineering and construction sector is the backbone of the economy and contributes significantly to employment and growth in the country, it continues to experience a slump, says engineering procurement and construction (EPC) firm COENG founder and CEO Casian Dendere. “The... 

Industry remains in decline
CASIAN DENDERE The sector remains under pressure, with margins remaining tight amid a generally low market performance

CESA remains hopeful about the future 

By: Mc'Kyla Nortje     14th February 2020 Despite the country’s current economic uncertainty, consulting engineering firms association Consulting Engineers South Africa (CESA) president Sugen Pillay believes that the country is in the “catharsis phase” and that there is a sense of regeneration and renewal looking towards the future. “The... 

CESA remains hopeful  about the future
CESA president Sugen Pillay and CESA CEO Chris Campbell discussed CESA's annual media briefing as well as issues facing the industry and how it plans to mitigate them. Camerawork: Creamer Media's Kutlwano. Editing: Creamer Media's Nicolas Boyd.

Demolition works under way at Melrose Arch

By: Mc'Kyla Nortje     14th February 2020 Construction company ICON Earthworks, a subsidiary of the ICON Group, was awarded a R2.5-million contract by property development company Amdec to demolish four buildings at the end of November last year for completion next month. ICON is the principal contractor for the demolition, safety and... 

Demolition works under way at Melrose Arch
BIGGER AND BETTER The area will make way for the expansion of the Melrose Arch Precinct

Products reduce construction time 

By: Mc'Kyla Nortje     14th February 2020 Two products of construction connection technology supplier Peikko South Africa – the bolted column connections and DELTABEAM slim floor structures – contributed to reducing overall construction time at a project of food manufacturer Continental Brands, in Johannesburg. By using DELTABEAM, the... 

Products reduce construction time
Peikko South Africa MD Daniel Petrov discusses the company’s latest innovations in the civil engineering and construction sector.

Pile solution cost effective, saves time

By: Mc'Kyla Nortje     14th February 2020 Piling contractor Geopile – a subsidiary of South African exploration and geotechnical services provider GeoGroup – has saved its client about R2-million and more than a month’s worth of construction time by installing its driven ductile iron-pile solutions for a six-storey mix-use development in... 

Pile solution cost effective, saves time
IN ACTION Geopile rig in action installation

Skills shortage plagues natural refrigerant sector

By: Darren Parker     14th February 2020 One of the most pertinent issues facing the local heating, ventilation, air-conditioning and refrigeration (HVAC-R) industry is the lack of specialised skills needed for the systematic adoption of natural refrigerants in place of traditional synthetic refrigerants. Heightened pressure on... 

Skills shortage plagues natural refrigerant sector
SNEAKY LEAKS Refrigeration systems charged with odourless CO2 need to be monitored with sensors to ensure leaks do not compromise air quality in enclosed spaces
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