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Afrimat Construction Index shows marginal improvement year-on-year

By: Simone Liedtke     20th June 2019 JSE-listed Afrimat’s Construction Index (ACI) for the first quarter broadly followed the same “disappointing trend” evident in overall economic activity during the quarter, with gross domestic product (GDP) having contracted by more than 3% quarter-on-quarter. Economist Dr Roelof Botha, who... 

Athabasca Minerals signs agreement with First Nation

By: Tasneem Bulbulia     19th June 2019 Canadian mineral explorer Athabasca Minerals Inc (AMI) has signed a ten-year aggregates management agreement with the Montana First Nation (MFN) for the processing and sale of aggregates from MFN’s 185 acre Colchester property located near Ponoka, Alberta. The scope of the agreement includes... 

Metso mulls potential closure of South African foundry

By: Tasneem Bulbulia     18th June 2019 Global industrial company Metso is considering the potential closure of, or other alternatives for, its foundry operation in Isithebe, in KwaZulu-Natal, South Africa. The Isithebe foundry produces metallic wear part castings for the mining and aggregates industries and employs about 200 people. 

SBI launches scorecard to measure South Africa’s business performance  

By: Tasneem Bulbulia     18th June 2019 The Small Business Institute (SBI) is launching a new scorecard, the SBI Index Tracker, to measure South Africa’s performance relative to other countries in terms of the ease of doing business and other metrics. The SBI Index Tracker measures South Africa’s business environment across the... 

Harding has no economically viable gold, Council for Geoscience confirms 

By: Simone Liedtke     30th May 2019 Following an investigation of the KwaMachi community’s claims of having found gold in a quarry near the area in Harding on the South Coast of KwaZulu-Natal, the Council for Geoscience (CGS) has determined that there is no economic gold in either the quarry or its surroundings. All concentrations... 

Embattled sector necessitates cost containment measures – AfriSam

By: Simone Liedtke     24th May 2019 With the South African construction industry remaining under pressure and in a state of accelerated decline, the need to contain costs continues and correct specification of construction materials remains critical. Construction materials company AfriSam construction materials executive Avi Bhoora... 

LafargeHolcim CEO eyes up to ten deals this year

By: Reuters     15th May 2019 LafargeHolcim expects to increase the number of small acquisitions it makes this year after buying four businesses so far in 2019, CE Jan Jenisch said on Wednesday. "We are trying to get a more dynamic start to the process to do bolt-ons this year," Jenisch told reporters, noting that... 

Making Roads And Bridges Last Longer With Afrisam

13th May 2019 Construction materials leader AfriSam leverages the power of applied research to make roads, bridges and other concrete structures more resistant to corrosive environments. Among its long term research is a project assessing the effects of highly corrosive environments on concretes, and how... 

Pilot Crushtec partners with Sanral to help smaller contractors tender for projects  

18th April 2019 The South African National Roads Agency has signed a memorandum of understanding with rock crushing equipment supplier Pilot Crushtec to engender relationships with smaller contractors in the lower end of the construction industry, as part of the organisation’s transformation drive. Tasneem... 

NUM members on strike at PPC Cement in Pretoria

By: African News Agency      17th April 2019 The National Union of Mineworkers (NUM) on Wednesday confirmed a strike by workers at cement producing company PPC, at Hercules, in Pretoria, over wage increases.  NUM PPC branch secretary Surprise Baloyi, said workers were embarking on a protected strike over the company’s refusal to bargain on... 

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