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Construction News

Sanral, Nafbi sign MoU to develop small contractors, accelerate BEE implementation

By: Simone Liedtke     14th February 2019 State-owned South African National Roads Agency Limited (Sanral) and nongovernmental organisation, the National African Federated Building Industry (Nafbi), on Thursday signed a memorandum of understanding (MoU) aimed at developing small contractors within the South African construction industry.... 

Huawei to build data centres in South Africa

By: Reuters     14th February 2019 China's Huawei will build two data centres in South Africa from March, it said, as part of plans to expand cloud services across Africa. "The company is working with South African partners for the construction of the data centres in Johannesburg initially and later Cape Town," Huawei said in a... 

The future of e-tolls is a political decision, says Sanral’s Kannemeyer 

By: Irma Venter     14th February 2019 The decision on the future of electronic toll (e-toll) in Gauteng is a political one, says South African National Roads Agency Limited (Sanral) engineering executive Louw Kannemeyer. Speaking at the Transport Forum, held in Johannesburg on Thursday, he told Engineering News Online that opposing... 

Emira delivers positive dividend growth, facilitated by portfolio repositioning

By: Tasneem Bulbulia     13th February 2019 Diversified real estate investment trust (Reit) Emira Property Fund achieved a 3.1% year-on-year increase in distributions for the six months ended December 31, 2018. In addition to a positive improvement in distribution growth and having met market guidance, Emira CEO Geoff Jennett on Wednesday... 

Moody’s lowers Hyprop’s credit rating

By: Tasneem Bulbulia     13th February 2019 Moody’s Investors Services (Moody’s) has lowered Hyprop’s rating from Baa3 to Ba1 with immediate effect, Hyprop revealed in a statement on Wednesday. Concurrently, Moody’s has lowered the long-term national scale issuer rating to Aa3.za from Aa1.za and has affirmed the short-term national scale... 

OR Tambo Western Precinct construction to start before end-Feb  

By: Marleny Arnoldi     12th February 2019 Airports Company South Africa (ACSA) on Tuesday announced the first phase of its Western Precinct development at the OR Tambo International Airport, east of Johannesburg, would start this month and would be complete by the end of 2020. The R4.5-billion mixed-use Phase 1 development would... 

OR Tambo Western Precinct construction to start before end-Feb
OR Tambo's Western Precinct Phase 1

Raubex warns of 20% drop in FY earnings

By: Simone Liedtke     12th February 2019 Infrastructure development and construction materials group Raubex has warned that its earnings for the financial year ended February 2019, will fall by at least 20%, owing to continued weak trading conditions in the South African construction industry, particularly in the road construction... 

EAAB to drive transformation of the South African estate agency sector 

By: Marleny Arnoldi     11th February 2019 Estate agents in the property sector have long been bound by “dinosaur” legislation and the profession has remained untransformed since the advent of democracy in 1994, Estate Agency Affairs Board (EAAB) transformation committee chairperson Eugenia Kula-Ameyaw said on Monday. “The Estate Agency... 

EAAB to drive transformation of the South African estate agency sector
Photo by Dylan Slater
Estate Agency Affairs Board transformation committee chairperson Eugenia Kula-Ameyaw

Marriott teams up with Kuwait Projects on St Regis resort in Morocco

By: Reuters     11th February 2019 United Real Estate, a unit of Kuwait Projects, and Marriott International said in a joint statement on Saturday that they had agreed to open a resort near Marrakech. Marriott said in October it had signed deals with partners to increase its hotels in Africa 50% by 2023, opening new ones in Ghana,... 

Three consortiums compete to build dry port west of Cairo

By: Reuters     11th February 2019 Three consortiums are competing to build a dry port west of Cairo worth $100-million, the Egyptian finance ministry said on Sunday. The project will be a public-private partnership between the General Authority For Ports and Dry Land and the winning consortium, to be built on roughly 104 acres in... 

Basil Read subsidiary to sell 28% stake in Majwe JV

By: Simone Liedtke     8th February 2019 Basil Read Mining Botswana (BRMB), a wholly-owned subsidiary of Basil Read Mining, will sell its 28% interest in the Majwe Joint Venture (JV) to Thiess Botswana and Bothakgwa Burrow Botswana (BBB) for R110.5-million. Under the terms of the agreement, BRMB will sell 28 ordinary shares,... 

DST to showcase benefits of using STI in designing future human settlements

By: Simone Liedtke     8th February 2019 With a surplus of drivers for the adoption of alternative and innovative technologies in the built environment, particularly in the human settlements sector, the effective application of science, technology and innovation (STI) can be a transformative instrument in addressing South Africa’s most... 

City of Cape Town proposes R800m transport infrastructure project for Wynberg

By: African News Agency      8th February 2019 The City of Cape Town’s portfolio committee for transport on Friday morning approved a project for the further roll-out of the MyCity bus service in the greater Wynberg area, which if given council approval, will see new infrastructure investment of around R800-million. The two proposed transport... 

What needs to be done to make SA’s buildings fire safe

By: Natasha Odendaal     8th February 2019 In the wake of a deadly fire at the Bank of Lisbon building, in Johannesburg last year, along with a spate of fires at other buildings, questions have been raised about the safety and compliance of South Africa’s high-rise buildings. In September, a fire broke out on the 23rd floor of the... 

What needs to be done to make SA’s buildings fire safe

ASJV denies it terminated Mtentu project owing to alleged ‘financial inability’

By: Simone Liedtke     7th February 2019 Aveng and Strabag International on Thursday reasserted that the Aveng-Strabag Joint Venture (ASJV) had terminated the Mtentu river bridge contract as a result of force majeure, adding in a statement that the termination “had nothing to do with either of the ASJV members’ financial ability to... 

CBE announces initiatives to drive transformation

By: Marleny Arnoldi     7th February 2019 Transformation in the built environment has progressed at a slower rate than in other sectors, such as the financial sector, with only 26% of all registered built environment professionals being previously disadvantaged individuals and only 0.3% of all registered professionals being women,... 

Social, technological change on the way for built environment industry – CBE

By: Marleny Arnoldi     7th February 2019 The Council for the Built Environment (CBE) has continued its efforts to promote and achieve transformation in the built environment sector, but has added technological change to its focus. CBE chairperson Absalom Molobe on Thursday addressed delegates at CBE’s second yearly Transformation Indaba. 

Steel group to approach Nersa for power-tariff relief  

By: Terence Creamer     7th February 2019 Steel producer ArcelorMittal South Africa (AMSA) says it will submit site-specific applications to the National Energy Regulator of South Africa (Nersa) to secure tariff relief from Eskom for its operations in Gauteng, KwaZulu-Natal and the Western Cape. The submissions will be made in line with... 

Steel group to approach Nersa for power-tariff relief
AMSA CEO Kobus Verster on the threat posed by power hikes and on the group's plan to approach the regulator for relief. Camera Work & Editing: Darlene Creamer. Recorded: 7.2.2019

Construction professionals test latest tools and consumables 

7th February 2019 Professionals in the construction industry interrogated and tested the latest building tools and consumables at local construction equipment distributor Upat’s open day, in January. Schalk Burger has the story. 

Construction professionals test latest tools and consumables
Construction professionals test latest tools and consumables

Association expects re-rating for South African Reits

By: Marleny Arnoldi     6th February 2019 Industry association, the South African Real Estate Investment Trust say the South African real estate investment trust (SA Reit) industry is headed for a re-rating, either this year or next. “Already the Financial Times Stock Exchange (FTSE)/Johannesburg Stock Exchange (JSE) South African... 

Subdued construction activity, higher imports cut PPC's sales volumes

By: Marleny Arnoldi     5th February 2019 JSE-listed cement producer PPC has reported difficult trading conditions for the nine months to December 31, 2018, with cement volumes down between 2% and 3%, against a backdrop of estimated market contraction of between 4% and 5%. The company said an uncharacteristically weak December retail... 

Saice calls for infrastructure review following Hoërskool Driekhoek incident

By: Tasneem Bulbulia     5th February 2019 The South African Institution of Civil Engineering (Saice) has expressed its support for an immediate full review of school buildings by competent structural engineers, following the collapse, on February 1, of a concrete slab at Hoërskool Driekhoek, in Vanderbijlpark. Concrete elements of a... 

Aveng Strabag JV terminates Mtentu contract, citing protests; Sanral unconvinced  

By: Irma Venter     5th February 2019 The Aveng Strabag joint venture (ASJV) has decided to terminate the Mtentu bridge contract, in the Eastern Cape. The 1.1 km, R1.65-billion bridge forms part of the South African National Roads Agency Limited’s (Sanral’s) N2 Wild Coast road project. 

Aveng Strabag JV terminates Mtentu contract, citing protests; Sanral unconvinced
An artist's impression of the proposed Mtentu bridge

Group Five appoints interim CEO following Solomon Mosai’s resignation

By: Marleny Arnoldi     1st February 2019 JSE-listed Group Five has appointed nonexecutive director Dr Thabo Kgogo interim CEO effective February 1, following Solomon Themba Mosai’s resignation, which was effective January 31. Mosai was employed by Group Five for 15 years. He was appointed interim CEO in March 2018 and as CEO in May... 

LafargeHolcim completes sale of $1.75bn Indonesian unit

By: Reuters     1st February 2019 LafargeHolcim has completed the sale of its Indonesia business in a deal which valued the unit at $1.75-billion, the cement maker said on Friday. Proceeds from the sale to Semen Indonesia will be used to pay down LafargeHolcim's debts, the company said. LafargeHolcim held 80.6% in the business,... 

Botswana keen for corridor to link to South Africa’s coalfields

By: Kim Cloete     1st February 2019 Botswana’s Minister of Transport and Communications, Dorcas Makgato, has revived the need for a new heavy haul railway linking Botswana’s Mmamabula area with South Africa’s Lephalale coalfields.   Makgato said the project aimed to link coal deposits in both areas with South African heavy haul... 

Exxaro upbeat about its coal operations 

By: Kim Cloete     1st February 2019 Empowered coal mining giant Exxaro Resources is confident about its prospects in the coal sector, despite tough conditions and rising cost pressures in South Africa. Exxaro executive head of coal Nombasa Tsengwa on Thursday said the company produced 47-million tons of coal and was geared to grow... 

AMSA expects to swing to FY18 profit

By: Simone Liedtke     1st February 2019 Steel producer ArcelorMittal South Africa (AMSA) expects to report headline earnings a share of 84c to 94c for the year ended December 31. This compares with a headline loss a share of 203c in 2017. 

Trans-Gambia bridge a boon for trade, but a blow for local traders

By: Reuters     31st January 2019 A gleaming new bridge in West Africa is transforming transport between Gambia and Senegal, but spells disaster for traders making a living off travellers making the agonising wait to catch a ferry across the Gambia River. Gambia is a sliver of land on either side of the river cutting through the... 

Edcon, SA Corporate Real Estate set to refurbish CBD property

By: Tasneem Bulbulia     31st January 2019 Edcon has announced that the property on the corner of Pritchard and Joubert streets in the Johannesburg central business district (CBD) would be renovated by landlord SA Corporate Real Estate, with the renovated building set to become a new mall that will include a renovated Edgars store and... 

Stellenbosch University starts construction on R1bn research institute  

By: Irma Venter     31st January 2019 Stellenbosch University (SU) has started construction on a Biomedical Research Institute (BMRI), to be based at the Faculty of Medicine and Health Sciences (FMHS). The university believes the R1-billion facility, which will be completed in 2022, will be “one of the most innovative and advanced... 

 Stellenbosch University starts construction on R1bn research institute
Photo by Terry February
SU Vice-Chancellor Professor Wim de Villiers and Professor Jimmy Volmink at the sod-turning ceremony

KfW, IDC sign $80m loan facility for green economy development 

By: Simone Liedtke     31st January 2019 German development bank KfW and the Industrial Development Corporation of South Africa (IDC) on Thursday signed a “milestone agreement” for an $80-million loan facility. KfW executive board member Dr Stefan Peiß and newly appointed IDC CEO TP Nchocho were in attendance to sign the document on... 

KfW, IDC sign $80m loan facility for green economy development
KfW executive board member Dr Stephan Peiß and IDC CFO Nonkululeko Dlamini

Cesa president calls for increased transparency

By: Simone Liedtke     30th January 2019 Presenting his 2019 presidential address on Wednesday, Consulting Engineers South Africa (Cesa) president Naresh Pather called for increased transparency for the betterment of the sector and its future. With the intention of establishing trust, Pather averred that 2019 would see Cesa increase its... 

Cesa president calls for increased transparency
Photo by Dylan Slater
Consulting Engineers South Africa (Cesa) president Neresh Pather

Group Five says pursues counter claims in aborted Kpone power project

By: African News Agency      30th January 2019 Construction engineering company Group Five said on Wednesday its legal team was still pursuing its contractual rights and entitlements for payment, including the recovery of damages and other claims, against Cenpower Generation Company over what it called the unlawful termination of the Kpone... 

Aveng Strabag JV halts work at Mtentu bridge site, declares force majeure 

By: Irma Venter     29th January 2019 The Aveng Strabag joint venture (JV), responsible for building the R1.65-billion Mtentu bridge, in the Eastern Cape, has not returned to site following a three-month break as a result of violent community protests against the project. The bridge forms part of the South African National Roads... 

Aveng Strabag JV halts work at Mtentu bridge site, declares force majeure
An artist's impression of the Mtentu bridge

Operation Phakisa for water expected by March 

By: Natasha Odendaal     25th January 2019 The Department of Water and Sanitation (DWS) is preparing to launch its own series of mini-Phakisa's to attempt to resolve the most pressing matters facing South Africa's water infrastructure sector. Over the next eight weeks, the department will mobilise provincial level Phakisa's prior to... 

Operation Phakisa for water expected by March

Hearings into alleged cement industry cartel continues, judgment expected by June

By: Simone Liedtke     25th January 2019 The Competition Tribunal turned its focus back to the case of alleged cartel conduct in the cement industry on Thursday, with a judgment in the case against KwaZulu-Natal-based Natal Portland Cement (NPC) Cimpor expected to be announced by June. The Competition Commission in 2008 launched an... 

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