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AfriSam News

Not all is lost for the construction industry, says AfriSam

28th February 2020 The 2020 Budget, as outlined by Finance Minister Tito Mboweni earlier this week, “didn’t give much hope to the construction industry”, construction materials company AfriSam sales and marketing executive Richard Tomes told Engineering News on Friday. Growth in this sector was expected to remain... 

Afrisam Urban Quarry And Plant Define Good Neighbourliness

4th February 2020 Increasingly hemmed in by urban development, AfriSam’s Jukskei quarry and readymix plant have been applying ever more stringent controls and standards to remain a friendly neighbour. When the Jukskei quarry began operation some seven decades ago, its location was decidedly rural. However, the... 

Slow Economy Demands Efficiency, Quality In Readymix

13th January 2020 With South Africa’s construction sector in the doldrums, it is vital that material suppliers get smarter. AfriSam’s Jukskei readymix plant is doing just that, says operations manager Kevin Naidoo. “Readymix is a high-speed game,” Naidoo says. “The poor state of the market, and the continuous... 

Concor Buildings Does It Again At Construction World Best Projects

8th November 2019 Concor Buildings received industry recognition at Construction World’s 2019 Best Projects awards last night when the company scooped the winning place in the Building Contractors category with its Oxford Parks Phase 1 Project. Concor Buildings received industry recognition at Construction World’s... 
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Covid-19 and downgrade shadows hang over South Africa’s revenue outlook

The economic fallout from the recent Moody’s downgrade and the country’s response to the Covid-19 pandemic would have a significant impact on revenue collection during the 2020/21 fiscal year; however, South African Revenue Service (Sars) Commissioner Edward Kieswetter said that it was not... 

Three Reits withdraw distribution guidance for the year

JSE-listed real estate investment trusts (Reits) Vukile Property Fund, Hyprop Investments and Attacq have announced the withdrawal of their distribution guidances for their respective financial year-ends during 2020. This follows after the governments in countries where they operate have declared... 
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