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Construction News
South Africa aims to nail down R664bn in investment pledges at Nov gathering amid Covid-19 ‘shock’ 
By: Terence Creamer 9th November 2020 The third yearly South Africa Investment Conference (SAIC), which will take place on November 17 and 18, will focus primarily on ensuring the investment pledges of R664-billion made in 2018 and 2019 are not derailed by the Covid-19 pandemic. Government also intends using the platform to... →
KwaZulu-Natal automotive supplier park to be operational from 2021
By: Yvonne Silaule 9th November 2020 Durban’s R2.2-billion automotive supplier park special economic zone will be operational in 2021, with automotive manufacturer Toyota as one of the agreed tenants. It is projected that 1 339 jobs will be created as a result of the investment. →
R292m road construction to unlock economic opportunities for KZN rural community
By: Yvonne Silaule 9th November 2020 As part of government’s Covid-19 economic recovery strategy, more than 2 300 jobs will be created through the newly launched R292-million P714 road construction project, in KwaZulu-Natal. The construction of the road is expected to benefit the community of Ndwedwe, in the iLembe district... →
UK and US groups partner on small modular nuclear reactors
By: Rebecca Campbell 9th November 2020 UK-based global major industrial technology group Rolls-Royce and giant US private-sector electricity utility Exelon have signed a Memorandum of Understanding (MoU) regarding the development and operation of small modular reactor (SMR) nuclear power plants (NPPs). Rolls-Royce is leading a... →

Artist’s impression of a UKSMR plant
India can be prime public-private partnership example for Africa
By: Marleny Arnoldi 6th November 2020 With India having successfully implemented many phases of what is the world’s largest public-private partnership (PPP) programme, it has experience and expertise to transfer to African countries. Panellists during the last day of the Indo-Africa virtual summit, which was held from November 4 to... →
Redefine completes M1 acquisition in Europe
By: Marleny Arnoldi 6th November 2020 JSE-listed real estate investment trust Redefine Properties’ European subsidiary has completed the acquisition of the M1 Marki Commercial Centre, near Warsaw, in Poland. As part of the transaction, Redefine will sell its 25% equity interest in Chariot Top Group – which is the sole shareholder of... →
Saice pledges collaboration for proper planning in infrastructure project rollout
By: Marleny Arnoldi 6th November 2020 The South African Institution of Civil Engineers (Saice) has welcomed President Cyril Ramaphosa’s latest call for the public and private sectors to work together in preparation for infrastructure projects that will be rolled out to help revive the ailing economy. The President spoke during the... →
Bearing isolators faring well in bearings sector
6th November 2020 Bearings distributor BMG tells Engineering News that its Garlock Klozure and Guardian Bearing Isolators have fared notably well subsequent to being introduction to the BMG range of isolators. A bearing isolator is an advanced sealing solution that is used to protect bearings on rotating equipment... →

Cooling equipment to increase energy efficiency of data centres
By: Cameron Mackay 6th November 2020 There is a significant push to provide energy efficient technologies for data centre applications to reduce their carbon footprint and reduce energy costs. Consequently, data centres can save significantly in terms of energy and associated costs by ensuring their cooling solutions are designed... →

Company releases efficient lighting range
6th November 2020 Lighting technology manufacturer BEKA Schréder last month announced the launch of the ECOBAY, a light-emitting-diode (LED) lighting range with a high return on investment. According to BEKA Schréder, ECOBAY is the ideal luminaire for lighting industrial facilities at optimised light levels, and... →

Noticeable growth in smart home market
By: Cameron Mackay 6th November 2020 There has been noteworthy growth in the local smart home and building automation market in the past three years, owing to the growing demand for energy efficiency, says automation solutions provider ElectroMechanica (EM) product manager Ryan Whitelaw. EM has focused on expanding its product... →

Pandemic prompts local focus on energy efficiency
By: Cameron Mackay 6th November 2020 Owing to Covid-19, the South African National Energy Development Institute (Sanedi) has witnessed an increase in the number of new applications from companies for the Section 12L Energy Efficiency tax incentive. “With companies aiming to be competitive under the pandemic and remain in business,... →

Eskom says it needs R23bn more from tariffs in 2021 to remain a going concern

By: Terence Creamer 5th November 2020 State-owned electricity utility Eskom argued on Thursday that it required additional revenue of R23-billion for the upcoming financial year to remain a going concern and told the National Energy Regulator of South Africa (Nersa) that further tariff increases, beyond the 5.22% already approved for... →

Wind power continues to show record growth, despite Covid-19 crisis
By: Simone Liedtke 5th November 2020 Wind power will continue to show record growth over the next five years, despite the impacts of the Covid-19 crisis, and will “make a crucial contribution to economic recovery”, says the Global Wind Energy Council (GWEC). →
Ekurhuleni ready to exchange ideas during World Town Planning Day
By: Sane Dhlamini 5th November 2020 The City of Ekurhuleni will join the world in commemorating World Town Planning Day on November 8, bringing together role-players in the planning fraternity to exchange ideas that improve city planning. This year’s World Planning Day, also known as World Urbanism Day, will be commemorated under... →

Tungsten launches Quantura alternative litigation funding model in South Africa
By: Tasneem Bulbulia 5th November 2020 Global engineering and construction claims consultancy Tungsten Capital has launched its Quantura subsidiary in South Africa, through which it will provide an alternative method of funding and developing commercially viable construction and engineering claims. Allardyce & Partners Attorneys... →
Redefine launches programmes to support community development in Soweto
By: Tasneem Bulbulia 5th November 2020 JSE-listed real estate investment trust Redefine Properties has launched two programmes, one for nonprofit organisations (NPOs) and another one targeting small, medium-sized and microenterprises (SMME), in Soweto. →
Entries now open for 2021 GreenPitch Challenge
By: Simone Liedtke 4th November 2020 Innovators and entrepreneurs with “economically viable" green economy innovation business ideas have been invited by nonprofit organisation GreenCape, to enter and participate in the Invest Cape Town Business Hub GreenPitch Challenge 2021. Entries are open from November 4 and will close on... →
Covid-19 accelerates domestic sustainable finance market – Standard Bank
By: Donna Slater 4th November 2020 The Covid-19 pandemic has heightened the focus on climate change and financial instruments that promote sustainable economic development, Standard Bank group CEO Sim Tshabalala noted in the latest episode of the ClimateBiz podcast series hosted by the International Finance Corporation (IFC). In... →
Economic Reconstruction and Recovery Plan presents opportunity to build a better economy, says Saice
By: Donna Slater 4th November 2020 The Economic Reconstruction and Recovery Plan tabled by President Cyril Ramaphosa in October, provides an opportunity to build a better structured economy, reports South African Institution of Civil Engineering CEO Vishaal Lutchman. Following Ramaphosa’s announcement of the plan, Finance Minister... →
French firms set to make R14bn in fresh investment pledges to South Africa

By: Terence Creamer 4th November 2020 French Foreign Trade and Economic Attractiveness Minister Franck Riester, who is leading a business delegation to South Africa this week, reports that French firms will follow-up their R20-billion in investment commitments made to South Africa in 2019 with new promises worth a further... →

Covid-19 presents negative and positive impacts on industrial property market
By: Donna Slater 3rd November 2020 Although the Covid-19 pandemic has resulted in some negative impact on the industrial property market worldwide, there have also been some positive impacts and future potential upside brought on by the pandemic, says real estate investment trust Equites Property CEO Andrea Taverna-Turisan. In... →
Credible pipeline of projects seen as key to achieving R1-trillion infrastructure goal

By: Terence Creamer 3rd November 2020 President Cyril Ramaphosa has highlighted the importance of project preparation to unlocking the mostly private finance that will be needed to realise government’s goal of investing R1-trillion in infrastructure over the coming four years and turning South Africa into a “building site”. Speaking... →

Extending housing finance crucial for sub-Saharan Africa, says professor
By: Tasneem Bulbulia 3rd November 2020 There is growing pressure on the affordable housing sector in sub-Saharan Africa and, therefore, extending housing finance is critical to solving this problem, University of Pennsylvania Wharton School International Housing Finance Program Founder and director Professor Marja Hoek-Smit has said.... →
PIC lowers stake in PPC to 4.93%
By: Marleny Arnoldi 3rd November 2020 The Public Investment Corporation (PIC) has reduced its shareholding in cement manufacturer PPC from 9.52% to 4.93%. The State-owned fund manager has progressively been decreasing its stake in the cement manufacturer, having reduced its shareholding from 25% to about 19% in June, to just under... →
Ramaphosa addresses South Africa infrastructure roundtable
By: African News Agency 3rd November 2020 President Cyril Ramaphosa is addressing an Infrastructure South Africa project preparation round-table and market place in Johannesburg, his office said on Tuesday. The forum aligns with one of the priorities Ramaphosa presented last month when he launched an economic reconstruction and recovery... →

Eskom introduces 400 kV transmission line construction project to municipalities
By: Simone Liedtke 2nd November 2020 State-owned power utility Eskom has introduced its project for the construction of the 282 km of 400 kV transmission line, with associated feeder and transformer bays, which will be construction between the Gromis substation, in the Northern Cape, and the Juno substation, in the Western Cape. The... →
IPP Office extends bid deadline for R40bn risk-mitigation programme 
By: Terence Creamer 2nd November 2020 South Africa’s Independent Power Producer (IPP) Office has confirmed an extension to the bid submission deadline, to December 22, for the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), under which government aims to procure some 2 000 MW of dispatchable generation... →

Company set for expansion despite difficulties
By: Mamaili Mamaila 30th October 2020 Despite Africa’s holding much promise in terms of business development, the business dynamics in African countries have been severely affected by the effects of Covid-19. →

Emphasis placed on supplying products to address industry issues 
By: Simone Liedtke 30th October 2020 South Africa’s civil structures are in dire need of improved performance and longevity, hence building materials company AfriSam’s emphasis on supplying quality products that “go beyond current requirements”. Speaking to Engineering News, AfriSam regional product technical manager Nithia Pillay... →
Bank to play pivotal role in recovery plan
By: Cameron Mackay 30th October 2020 State-owned development finance institution Development Bank of Southern Africa (DBSA) is looking to accelerate playing a meaningful role in the economic recovery of the country by assisting in financing and implementing vital infrastructure projects for the transport sector, particularly road... →

Private-sector investment key amid challenges
By: Mamaili Mamaila 30th October 2020 From an economic perspective, the Covid-19 pandemic has not affected countries in Africa, apart from South Africa, as much as countries on other continents. →

Sanral, Safcec sign MoU to prioritise small contractor development
By: Irma Venter 30th October 2020 The South African National Roads Agency Limited (Sanral) has signed a memorandum of understanding (MoU) with the South African Forum of Civil Engineering Contractors (Safcec), with the aim of prioritising the development of small, medium-sized and microenterprises (SMMEs) in the road construction... →
Africa’s richest man delays cement London listing until 2023
By: Bloomberg 29th October 2020 Aliko Dangote, Africa’s richest person, has again delayed plans to sell shares in his cement maker on the London Stock Exchange, opting instead to focus on increasing exports and boosting the Nigerian company’s foreign-exchange reserves. Dangote Cement, the continent’s biggest producer of the... →
Afrimat's diversification strategy paying off

By: Marleny Arnoldi 29th October 2020 Openpit miner Afrimat reported an 11% year-on-year increase in operating profit for the six months ended August 31, despite a 9.4% year-on-year decrease in revenue. The company also ended the period with cash and cash equivalents of R330-million, a 170% year-on-year increase. →
Growthpoint receives green building certification for Exxaro head office
By: Tasneem Bulbulia 29th October 2020 Coal miner Exxaro’s new head office building, in Centurion, Gauteng, developed and owned by property developer Growthpoint, has achieved a 6-Star green rating from the Green Building Council South Africa (GBCSA) under the Green Star New Build certification system. Green building certification... →

Sustainable financing imperative to sustainable future, says JSE’s Soobramoney
By: Simone Liedtke 29th October 2020 Finance has a significant role to play in a sustainable future, which comprises economic, environmental, social and governance responsibilities, JSE chief sustainability officer Shameela Soobramoney said during this year’s virtual Green Building Convention on October 29. Sustainability emerged as... →
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