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Infrastructure News

Western Cape Cabinet approves Atlantis SEZ land transaction

By: Yvonne Silaule     9th December 2020 The Western Cape Cabinet has approved key amendments to the founding documents of the Atlantis Special Economic Zone Company (ASEZ Co), which enabled the purchase of land on which the ASEZ Co is located from the City of Cape Town in exchange for minority shareholding in the ASEZ Co. This is... 

Stanlib gathers R5.5bn private sector investment for advancing infrastructure projects

By: Marleny Arnoldi     8th December 2020 Asset manager Stanlib has successfully raised R5.5-billion from a range of prominent South Africa investors into its Infrastructure Fund II (Fund II), which was launched in June. The fund will have a fourth and final close in February next year, during which Stanlib aims to raise a further... 

Stanlib gathers R5.5bn private sector investment for advancing infrastructure projects

Social partners ink compact on reducing Eskom’s debt and facilitating ‘just transition’ to renewables  

By: Terence Creamer     8th December 2020 Organised business, labour, community and government have officially signed a social compact in support of debt-laden Eskom that also endorses the need for a “just transition” for coal workers and communities as the electricity system begins to transition to higher levels of renewable energy and... 

Social partners ink compact on reducing Eskom’s debt and facilitating ‘just transition’ to renewables

Seifsa calls for moratorium on power hikes as Eskom makes case for cost-reflectivity 

By: Terence Creamer     7th December 2020 Steel and Engineering Industries Federation of Southern Africa (Seifsa) used the platform created by ongoing National Energy Regulator of South Africa (Nersa) hearings to call for a moratorium on additional electricity tariff hikes, arguing that further increases would undermine the country’s... 

Seifsa calls for moratorium on power hikes as Eskom makes case for cost-reflectivity

DTIC, partners launch Global Eco-Industrial Parks Programme in South Africa   

By: Tasneem Bulbulia     7th December 2020 The Department of Trade, Industry and Competition (DTIC) and the National Cleaner Production Centre South Africa (NCPC-SA), in partnership with the United Nations Industrial Development Organisation (Unido) and the Swiss State Secretariat for Economic Affairs (Seco) on December 7 officially... 

DTIC, partners launch Global Eco-Industrial Parks Programme in South Africa
Unido programme manager Christian Susan outlines what an eco-industial park is and what it entails.

Public hearing participant questions Nersa mandate in evolving electricity market 

By: Donna Slater     4th December 2020 The National Energy Regulator of South Africa was outdated, and regulation changes were needed to bring it in line with current trends, the only respondent to public hearings into gold miner Gold Fields' application to build a 40 MW solar plant near its mine in Westonaria said on Thursday. Brian... 

Digitalisation will boost efficiency in construction sector

By: Schalk Burger     4th December 2020 The construction industry – one of the least digitalised industries globally – can improve its efficiency and productivity, and regain its competitiveness, if it digitalises, says construction and engineering software solutions firm RIB CCS CEO Andrew Skudder. “The Covid-19 crisis is leading to a... 

Digitalisation will boost efficiency in construction sector
ANDREW SKUDDER Data is the key to improving the construction sector, better managing pain points, improve outcomes and enable companies to be more competitive without sacrificing profitability and sustainability

Fall in energy efficiency investment threatens climate goals – IEA 

By: Creamer Media Reporter      3rd December 2020 Investment in energy efficiency worldwide is on course to fall by 9% in 2020, the International Energy Agency (IEA) forecasts, warning that the Covid-induced slump threatens international climate goals. The agency’s ‘Energy Efficiency 2020’ report estimates that global primary energy intensity... 

Opinion: Local content-driven industrial policy essential for the success of the Economic Reconstruction and Recovery Plan

3rd December 2020 In this opinion piece, Nelson Mandela University Infrastructure Development & Engagement Unit associate Bongani Mankewu writes that consistent and coherent industrial policy is indispensable if success is to be achieved in South Africa's infrastructure roll-out. South Africa’s economic policy... 

Upscaling of wind technician training needed to support 14.4 GW roll-out 

By: Terence Creamer     3rd December 2020 The planned growth of South Africa’s wind-energy sector over the coming decade, and beyond, will require a material upscaling of the country’s training infrastructure to ensure that there are sufficient South African wind technicians trained to support the building and maintenance of an expanding... 

Upscaling of wind technician training needed to support 14.4 GW roll-out
Photo by Saretec
Trainee wind technicians being put through their paces as the South African Renewable Energy Technology Centre

Construction sector eager to make 2021 a prosperous year  

By: Irma Venter     3rd December 2020 After a turbulent 2020, the construction sector is eager to make 2021 a much more prosperous year, says Master Builders and Allied Trades Association Western Cape (MBAWC) executive director Allen Bodill. He says the negative effects of the Covid-19 pandemic and subsequent hard national lockdown... 

Construction sector eager to make 2021 a prosperous year 
Allen Bodill

Building confidence index gains some traction after Covid-19 slippage

By: Donna Slater     2nd December 2020 The First National Bank/Bureau for Economic Research Building Confidence Index gained 20 points to 24 in the third quarter, with a further rise to 29 being registered thus far in the fourth quarter – both reaching their best levels since the end of 2018, respectively. However, despite the rise... 

Proposed 2 400 MW Batoka Gorge hydro scheme to have major impact on adventure tourism  

By: Terence Creamer     2nd December 2020 The main environmental and social impacts of the propose 2 400 MW Batoka Gorge Hydroelectric Scheme (BGHES) on the Zambezi river, including serious negative impacts on adventure tourism and on the habitat of a rare bird species, were highlighted during a virtual stakeholder engagement on... 

Proposed 2 400 MW Batoka Gorge hydro scheme to have major impact on adventure tourism
Batoka Gorge site

Balwin Foundation, CMF to support contractors through construction training programme

By: Simone Liedtke     1st December 2020 Nonprofit organisation (NPO) the Construction Management Foundation (CMF) has entered into a strategic collaboration with fellow NPO Balwin Foundation to support the organisation in its continued quest to train emerging and small contractors from communities surrounding developments by JSE-listed... 

Aveng may ‘upsize’ R300m recapitalisation should shareholders show appetite 

By: Terence Creamer     30th November 2020 Infrastructure and contract mining group Aveng has expressed confidence that its recently unveiled debt restructure and recapitalisation plan will provide the “reset” required for its two  remaining core businesses, McConnell Dowell and Moolmans, to begin growing again, with the Australasian... 

Aveng may ‘upsize’ R300m recapitalisation should shareholders show appetite
Photo by Creamer Media's Donna Slater
CEO Sean Flanagan

Opinion: How African countries can mobilise private capital for their infrastructure drives

27th November 2020 In this opinion piece, Standard Bank corporate and investment banking CE Kenny Fihla writes about governments turning to public-private partnerships to deliver large-scale projects. Given the pressure on investment yields in developed markets, African nations have an opportunity to attract... 

Opinion: How African countries can mobilise private capital for their infrastructure drives

Renergen hopeful of clearing well drilling delays at Virginia with well integrity tests

By: Donna Slater     27th November 2020 Emerging domestic natural gas and helium producer Renergen is progressing with the drilling of the P2V2 well at its Virginia gas project, in the Free State. The well has been beset with delays since being spudded in June; however, the company on November 27 said it now had two drill rigs active... 

WBHO sees plunge in profit as pandemic, lossmaking projects take toll

By: Irma Venter     27th November 2020 Wilson Bayly Holmes-Ovcon (WBHO) last week reported a massive turnaround in fortunes from 12 months ago when it boasted R513-million in operating profit for the year ended June 30, to a position where it suffered an operating loss of R585-million. The group cited as the main reasons for the... 

Steadily growing order books helps M&R weather remaining pandemic impacts 

By: Marleny Arnoldi     26th November 2020 While still recovering from a R622-million Covid-19 impact on its business in the 2020 financial year, JSE-listed construction group Murry & Roberts (M&R) says its R60.5-billion order book will help in its upward trajectory following the pandemic. The company had reported an order book of... 

Stefanutti Stocks stays in the red as it reports R101m loss 

By: Irma Venter     26th November 2020 The impact of Covid-19, as well as an adverse market, saw Stefanutti Stocks report an operating loss of R101-million for the six months ended August 31, compared with a R865-million loss in the same period last year. Contract revenue from continuing operations declined from R2.9-billion to... 

Stefanutti Stocks stays in the red as it reports R101m loss

Six steps proposed for unlocking larger-scale self-gen projects, amid ongoing government resistance  

By: Terence Creamer     26th November 2020 Six steps could be taken immediately by the South African government and the energy regulator to unlock more self-generation investment by residential, commercial, industrial, mining and agricultural consumers so as to minimise power shortages and reduce the threat of load-shedding, a newly... 

Six steps proposed for unlocking larger-scale self-gen projects, amid ongoing government resistance

Aveng's shares rise on recapitalisation, restructuring progress

By: Creamer Media Reporter      25th November 2020 Infrastructure and resources company Aveng's share price on the JSE rose by 50% on Wednesday, after it announced that it was making progress with its balance sheet restructuring and recapitalisation plans and that it expected to report improved financial results for the financial year ended June... 

Saice launches career growth platform for engineers

By: Donna Slater     25th November 2020 The South African Institution of Civil Engineering (Saice) has launched an innovative new platform – Saice Connect – that enables its members to network and engage with potential employers and like-minded individuals. The platform is designed to bridge the gap between skills shortages in many... 

Surging Covid-linked borrowing costs pose threat to Africa’s energy transition

By: Terence Creamer     24th November 2020 The surge in borrowing costs affecting most African countries in the wake of the economic and fiscal harm that has accompanied the Covid-19 pandemic poses a serious risk to the much-needed recovery in energy investment across the continent, which is set to collapse by 30% in 2020. International... 

Surging Covid-linked borrowing costs pose threat to Africa’s energy transition
IEA executive director Dr Fatih Birol

Western Cape launches Municipal Energy Resilience project

By: Donna Slater     24th November 2020 The Western Cape government has launched its three-year Municipal Energy Resilience (MER) project to assist municipalities to take advantage of the new energy regulations, which may include buying energy directly from independent power producers (IPPs). 

De Ruyter calls for upscaling of power procurement plans as he questions whether coal IPP will proceed 

By: Terence Creamer     24th November 2020 Eskom CEO Andre de Ruyter has again called on government to open the way for the procurement of more new electricity capacity in addition to the 11 800 MW outlined in a recently gazetted Ministerial determination, cautioning that the 1 500 MW of new coal included in the determination is unlikely... 

De Ruyter calls for upscaling of power procurement plans as he questions whether coal IPP will proceed
Photo by Creamer Media's Donna Slater
Eskom CEO Andre de Ruyter

Nersa sets Feb 5 deadline for written comment on proposed nuclear determination 

By: Terence Creamer     23rd November 2020 The National Energy Regulator of South Africa (Nersa) has given stakeholders until February 5 to comment on a Section 34 determination received from Minerals Resources and Energy Minister Gwede Mantashe for the procurement of new nuclear capacity post-2030. The draft determination delivered to... 

Nersa sets Feb 5 deadline for written comment on proposed nuclear determination

Two new engineering programmes introduced at the University of Zululand

By: Irma Venter     20th November 2020 The University of Zululand (UNIZULU) has established two new engineering degree programmes within its curriculum. From next year, the university will offer Bachelor degree programmes in mechanical engineering and electrical engineering at its Richards Bay Campus.  

Covid-19 will not affect current capex, but future projects dependent on recovery, says Trac

By: Irma Venter     20th November 2020 The Covid-19 pandemic will not affect the roll-out of the current R1.6-billion worth of capital projects along the N4, says Trans African Concessions (Trac) CEO Alex van Niekerk. Trac manages the N4 Toll Route between Tshwane, Gauteng, and the Maputo port, in Mozambique. 

IBT construction reduces cost, time

By: Mc'Kyla Nortje     20th November 2020 Student accommodation group STAG African says it can reduce construction time and costs for student accommodation using innovative building technology (IBT) – a first for Africa. “By using such technologies, developers can reduce building time by 40%, which has the effect of reducing associated... 

IBT construction reduces cost, time
BUILDING CONSENSUS When the industry becomes more satisfied with this approach to building, and realises the cost benefits of IBT, the uptake of IBT in construction will increase

Increased use of light steel frame

By: Mc'Kyla Nortje     20th November 2020 There is a significant increase in the use of light steel frame (LSF) in construction – despite it still being a relatively new building material in the South African market. This increase is mostly owed to the multitude of benefits it offers over traditional building methods, says LSF... 

Increased use of light steel frame
FAR AND WIDE Futurecon plans to keep expanding the use of LSF in the large-scale commercial sector

World Bank says ‘flagship’ Eskom battery scheme to open way for private investment in the technology 

By: Terence Creamer     19th November 2020 The World Bank reports that Eskom’s large-scale battery energy storage initiative, which will involve the installation of  battery energy storage systems (BESS) across up to eight sites, is being treated as a “flagship” initiative by the global development finance institution, which has committed... 

World Bank says ‘flagship’ Eskom battery scheme to open way for private investment in the technology
The Skaapvlei site, with the Sere wind farm in the background

New investment pledges of R109.6bn unveiled at hybrid investment conference

By: Terence Creamer     18th November 2020 Investment pledges of R109.6-billion were unveiled at the third South African Investment Conference on Wednesday, increasing the total value of commitments made since 2018 to R773.6-billion, or more than 60% of the R1.2-trillion target set by President Cyril Ramaphosa three years ago. Speaking at... 

New investment pledges of R109.6bn unveiled at hybrid investment conference

Ramaphosa stresses South Africa’s gateway-to-Africa role as he seeks to reignite investment amid Covid  

By: Terence Creamer     18th November 2020 President Cyril Ramaphosa used the platform of the third South Africa Investment Conference to underline the country’s potential to act a gateway to the African market, as he sought to reignite investor interest in an economy that has been underperforming for more than a decade and has been... 

Ramaphosa stresses South Africa’s gateway-to-Africa role as he seeks to reignite investment amid Covid
Photo by Creamer Media's Donna Slater
President Cyril Ramaphosa

Ghana urges African governments to allow some independence in mining investment decisions

By: Simone Liedtke     18th November 2020 Allowing a degree of independence when investment institutions decide on investments with commercial principles, is “a model that other African countries may want to consider replicating,” Ghana Infrastructure Investment Fund (GIIF) CEO Solomon Asamoah urged on November 17. He said this model... 

Britain to ban new petrol cars and vans by 2030 on road to net zero emissions

By: Reuters     18th November 2020 Britain will move up a ban on new petrol and diesel cars and vans to 2030 and is eyeing 250 000 new jobs as part of a green industrial revolution, Prime Minister Boris Johnson said as he tries to meet Britain's net zero emissions climate target. Johnson is seeking to show his government is on... 

More than 60 power firms signal intention to bid into ‘emergency’ scheme – IPP Office 

By: Terence Creamer     17th November 2020 South Africa’s Independent Power Producer (IPP) Office reported on Tuesday that more than 60 respondents had signalled their intention, by the October 31 deadline for doing so, to participate in the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), through which... 

More than 60 power firms signal intention to bid into ‘emergency’ scheme – IPP Office
Photo by Creamer Media's Donna Slater
IPP Office CEO Tshifhiwa Bernard Magoro
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