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Construction News

JDA starts demolition works for new interchange in Wynberg

By: Marleny Arnoldi     3rd August 2018 As part of the City of Joburg’s Rea Vaya bus rapid transit (BRT) project along the Louis Botha development corridor, the Johannesburg Development Agency (JDA) is constructing the Watt interchange, in Wynberg. The works for the interchange include the demolition of the existing bridge and the... 

Value for money in sectional title properties

3rd August 2018 Despite challenging economic conditions, there are still opportunities for buyers and investors to purchase property in a desirable address at affordable prices, says leading estate agency Pam Golding. The company says savvy buyers with access to finance are buying up sectional title properties... 

Value for money in sectional title properties
ON THE MARKET This renovated two bedroom, two bathroom ground unit apartment in Morningside is on the market for R1.575 million through Pam Golding Properties

Internet connectivity increases property value

By: Melissa Zisengwe     3rd August 2018 Bundling WiFi connectivity is a commercial and industrial property value-proposition, which attracts potential buyers and boosts property value, says wireless networking company Ruckus Networks. “South African property developers are proving to be enthusiastic WiFi adopters because the... 

Internet connectivity increases property value
RIAAN GRAHAM says all property owners and tenants now expect functional and reliable Internet connection

Agreement stokes West African renewable-energy market

By: Schalk Burger     3rd August 2018 German solar mounting company Schletter Group has signed a wholesale agreement with steel manufacturer Sparkwest Steel Industries, which will exclusively market Schletter open-area and rooftop systems in Nigeria. Sparkwest Steel will also act as wholesale dealer for the Schletter Group in a... 

Unique design solution for 92 Rivonia Road project

By: Melissa Zisengwe     3rd August 2018 Formwork and scaffolding manufacturer PERI South Africa was able to supply a unique design solution for the challenging 92 Rivonia Road mixed-use development. This allowed main contractor WBHO to come to grips with the striking ‘feature brows’ at the project, lead engineer: key and strategic... 

Unique design solution for 92 Rivonia Road project
A UNIQUE CHALLENGE The project was a major challenge from a structural and architectural point of view

Aveng to sell Jet Park, Vanderbijlpark properties

By: Creamer Media Reporter      2nd August 2018 Construction firm Aveng has reached agreements to sell its Jet Park and Vanderbijlpark properties for R211.2-million and R42.6-million, respectively. Aveng in February announced its decision to sell certain noncore assets and properties following a strategic review of the business. 

London court rules DP World Djibouti contract 'valid and binding' – Dubai govt

By: Reuters     2nd August 2018 Dubai's government said on Thursday the London Court of International Arbitration (LCIA) has ruled DP World's port container terminal contract in Djibouti was valid and binding. The government of Djibouti seized the Doraleh Container Terminal from DP World in February over a dispute dating back... 

New twist in M&R battle as takeover body disallows further progress on Aveng tie-up

By: Terence Creamer     2nd August 2018 The protracted tussle for control of Murray & Roberts (M&R) took yet another turn this week, after the Takeover Special Committee (TSC) overturned a June decision by the Takeover Regulation Panel (TRP), allowing M&R to continue with preparations for a potential combination with Aveng, despite the... 

New twist in M&R battle as takeover body disallows further progress on Aveng tie-up

Vukile buys majority stake in Spanish property company

By: African News Agency      2nd August 2018 JSE-listed Vukile Property Fund announced on Thursday that it has acquired a controlling 51% stake in Morzal Properties Iberia in a bid to expand its property portfolio in Spain.  Last month, Vukile said it would be concluding an agreement to subscribe for shares in Morzal for an aggregate... 

Solutions engender safety and reliability for chemical fasteners  

2nd August 2018 Construction industry service and technology provider Hilti South Africa is offering two innovative technologies – the HIT-Z rod and advanced on-site testing – to ensure safety and reliability for chemical fasteners. Tasneem Bulbulia tells us more. 

Solutions engender safety and reliability for chemical fasteners
Solutions engender safety and reliability for chemical fasteners

AMSA studies new Vanderbijl electric arc furnace as it moves to restart Vereeniging mill 

By: Terence Creamer     1st August 2018 Steel producer ArcelorMittal South Africa (AMSA), which announced its first interim profit in six years and may be on track to deliver its first full year profit since 2010, has initiated a study for the construction of a new electric arc furnace (EAF) at its Vanderbijlpark mill and has also... 

AMSA studies new Vanderbijl electric arc furnace as it moves to restart Vereeniging mill
AMSA CEO Kobus Verster

Concrete industry urged to stand together to lobby government

By: Marleny Arnoldi     1st August 2018 AfriSam sales and marketing executive Richard Tomes has urged the concrete industry to seriously consider consolidation and collaboration amid a tough operating environment. “Often the private sector is critical about government when we are confronted with the challenges of our industry; however,... 

R7bn needed to complete Limpopo's unfinished roads 

By: News24Wire      1st August 2018 An estimated R7-billion will be needed to complete all unfinished roads in Limpopo. This is according to the spokesperson for the provincial department of public works, roads and infrastructure, Joshua Kwapa, who said the department currently does not have the budget to complete unfinished roads... 

Tower Property’s vacancies decrease amid improving consumer, business sentiment

By: Simone Liedtke     31st July 2018 An improvement in South African consumer and business sentiment in early 2018 contributed to real estate investment trust (Reit) Tower Property Fund’s vacancies reducing to 5% at the end of its financial year to May 31, after having reached a high of 12% in January. However, in order to secure... 

Nacala corridor transaction reaffirms ‘Africa open for business’

By: Simone Liedtke     30th July 2018 Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised... 

Specialist team to get the ball rolling for housing opportunities in Cape Town

By: News24Wire      30th July 2018 A resolution passed by City of Cape Town council earlier this week is expected to get the ball rolling in expediting housing opportunities across the city. According to a statement by the City of Cape Town, the city's Transport and Urban Development Authority (TDA) will now conclude the four... 

Chinese investors plan $10bn metallurgical complex in South Africa

By: Reuters     27th July 2018 Chinese investors signed agreements to build a $10-billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project and a provincial official told Reuters. South Africa's President... 

UK-born idea could improve ventilation, cooling in African city buildings

By: Marleny Arnoldi     27th July 2018 An idea to retrofit existing buildings in African cities with three-dimensional (3D) printed porous insulation panels to improve liveability and reduce energy consumption for cooling and ventilation has been named the African winner of the Cities for our Future competition run by the Royal... 

UK-born idea could improve ventilation, cooling in African city buildings
Artist's impression of a resilient urban community

Pretoria hotel adds 86 rooms, restaurant, conference facilities

By: Marleny Arnoldi     27th July 2018 Protea Hotels by Marriott Pretoria Hatfield this week opened an additional wing with 86 rooms and enhanced facilities, following the completion of a major construction project that started in mid-2017. This is in line with Pretoria’s growth in demand for quality accommodation that Protea Hotels... 

Pretoria hotel adds 86 rooms, restaurant, conference facilities
Protea Hotels by Marriott Pretoria Hatfield

LafargeHolcim restructuring, Africa troubles dent H1 profit

By: Reuters     27th July 2018 LafargeHolcim first half profit fell 43%, the company said on Friday, as the world's largest cement took 300-million Swiss francs ($301.81-million) in restructuring costs from its overhaul under Chief Executive Jan Jenisch. The Zurich company said first-half net profit tumbled to 371-million... 

Company invites clients to test its products

27th July 2018 Construction materials industry chemical solutions provider Chryso Southern Africa, states that it has a range of solutions to meet the plethora of different demands the readymix sector faces for all concrete applications. Chryso welcomes all concrete industry professionals to engage with its... 

Company invites  clients to test  its products
PERFECT FOR PUMPING Chryso admixtures are used in concrete pumping applications

More than 300 delegates expected

By: Donald Makhafola     27th July 2018 The Southern Africa Readymix Association (Sarma), The Concrete Institute (TCI), the Concrete Society of Southern Africa (CSSA) and the Concrete Manufacturers Association (CMA) are looking forward to hosting more than 300 delegates at this year’s The Concrete Conference (TCC), which will take... 

More than 300  delegates expected
JOHAN VAN WYK Sarma is conducting this year's market size survey and is expecting it to be released in August

Competitive prices key in eliminating counterfeit parts

By: Halima Frost     27th July 2018 Although Africa is a brand-conscious continent the majority of consumers seek cheaper prices, and the automotive industry needs competitive aftermarket prices to deal with the challenges posed by counterfeit goods, says intellectual property law firm Spoor & Fisher anti-counterfeiting department... 

Competitive prices  key in eliminating counterfeit parts
SPARKS FLY Confiscated bearings are taken to a smelter to be destroyed

PPC launches new, extended product range despite economic headwinds

By: Simone Liedtke     26th July 2018 PPC Cement South Africa on Thursday launched its fit-for-purpose ‘Sure’ product range, with each of the six products in the range carefully designed for a specific application. Dubbing it the company’s “most significant rebranding and refocusing in over 100 years,” PPC Cement South Africa MD... 

PPC launches new, extended product range despite economic headwinds

China loans to Africa energy, infrastructure projects almost trebled between 2016 and 2017

By: African News Agency      26th July 2018 The value of Chinese loans to energy and infrastructure projects in Africa almost trebled between 2016 and 2017 to nearly $9-billion and the impact of this lending is increasingly visible in Africa, law firm Baker McKenzie said at the sidelines of a Brics summit. Baker McKenzie, participating at... 

New property fund aims to renew South Africa’s cities

By: Marleny Arnoldi     25th July 2018 Divercity Urban Property Fund is seeking to renew and re-energise South Africa’s urban centres, and is backed by the experience of leading property specialists and a R2-billion seed portfolio of landmark property assets. Divercity’s biggest shareholders are Atterbury Group and Ithemba Property,... 

Vukile’s Castellana lists on Spanish Stock Exchange

By: Marleny Arnoldi     25th July 2018 JSE-listed real estate investment trust Vukile Property Fund’s 98%-owned Spanish subsidiary Castellana Properties on Wednesday listed on the Spanish Stock Exhange’s Mercado Alternativo Bursátil. The shares were listed at an introductory price of €6 apiece, which attributes a market... 

Africa's richest man arranges $4.5bn of financing for oil refinery 

By: Reuters     25th July 2018 Africa's richest man, Aliko Dangote, has arranged more than $4.5-billion in debt financing for his Nigerian oil refinery project and aims to start production in early 2020, he told Reuters. Dangote, who built his fortune in cement, is building the world's largest single oil refinery with capacity... 

Cape Town train fire platform repairs completed – Metrorail

By: News24Wire      25th July 2018 Repairs to the two platforms at Cape Town station damaged during a fire last week were completed on Tuesday. In a statement, Metrorail said Platforms 15 and 16 were back in business after repairs had been completed and structural engineers confirmed that the integrity of the overhead concrete... 

Rwanda signs $300m in loan deals with China, India

By: Reuters     24th July 2018 Rwanda signed loan agreements worth more than $300-million with China and India to fund roads and irrigation, officials said, as leaders from the two Asian powers made their first visits to the East African nation. Chinese President Xi Jinping visited Rwanda from Sunday to Monday and granted a... 

Brics bank approves $600m loans for South African, Chinese projects

By: Reuters     24th July 2018 The New Development Bank, set up by the Brics group of emerging economies, has approved loans of $300-million for energy projects in South Africa and $300-million for a transportation project in China. South Africa, which will host a Brics summit later this week in Johannesburg, is trying to... 

Eskom confident of raising R72bn despite qualified audit  

By: Terence Creamer     23rd July 2018 Financially stressed electricity producer Eskom expressed confidence on Monday that it would be able raise the R72-billion it required for the 2019 financial year, despite having received a qualified audit opinion for the 2018 financial year, reporting a R2.3-billion loss and nearly 20-billion in... 

Eskom confident of raising R72bn despite qualified audit
Eskom chairperson Jabu Mabuza explains why IPPs do not pose a financial risk to the utility. Camera Work & Editing: Nicholas Boyd. Recorded: 23.07.2018

Growthpoint, Cintocare break ground on R450m Pretoria head, neck hospital

By: Marleny Arnoldi     23rd July 2018 Real estate investment trust Growthpoint Properties and private company Cintocare on Monday broke ground on the R450-million development of an 11 000 m2 special surgical head and neck hospital, in Pretoria, which will be the first green-certified hospital in Africa. The companies are creating a... 

Growthpoint, Cintocare break ground on R450m Pretoria head, neck hospital
Growthpoint has started with earthworks for the head and neck surgical hospital in Pretoria

Liberty Two Degrees declares 29c dividend for H1, finalising corporate move

By: Marleny Arnoldi     23rd July 2018 Retail-focused real estate investment trust (Reit) Liberty Two Degrees (L2D) has declared a distribution of 29.3c apiece for the six months ended June 30, in line with expectations and despite a challenging environment. As a result of the acquisition of additional undivided shares of... 

As crops dry, Malawi turns to solar irrigation

By: Reuters     23rd July 2018 As climate change brings longer droughts, farmers in eastern Malawi's already dry Lake Chilwa basin are seeing an ever-more-frequent disaster: maize wilting or drying completely, leaving families hungry. "In the past many farmers relied on rain-fed agriculture to grow their food," said Edwin... 

City of Tshwane allocates more than R25m to fix sinkholes around the city

By: African News Agency      23rd July 2018 The City of Tshwane has allocated at least R27.5-million to address five prioritised sinkholes that have created a hazard for drivers in the last few years, said Member of the Mayoral Committee for roads and transport Sheila Lenna Senkubuge on Monday.  Another R25-million will be made available... 

Sappi to invest R7.7bn on Saiccor mill expansion, improvement initiatives

By: Marleny Arnoldi     23rd July 2018 Paper and packaging producer Sappi will invest R2.7-billion in 2018 and 2019 on expanding the capacity of its Saiccor Mill, in Umkomaas, south of Durban, to produce 890 000 t/y of dissolving wood pulp (DWP). The mill currently produces 780 000 t/y of DWP.  

Sappi to invest R7.7bn on Saiccor mill expansion, improvement initiatives
Sappi Southern Africa CEO Alex Thiel

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