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Construction News

ISAF Ithubalethu launches IPO for student accommodation  

By: Tasneem Bulbulia     21st January 2019 Inkunzi Student Accommodation Fund (ISAF) Ithubalethu is aiming to counter the shortage of affordable student accommodation, while enabling access to the property market for the general public, and delivering returns to investors, ISAF Ithubalethu CEO Owen Nkomo outlined on Monday, during a... 

McConnell Dowell boosts order book to R11bn

By: Marleny Arnoldi     21st January 2019 Construction group Aveng’s Australian subsidiary McConnell Dowell, has secured contracts to the value of R8.5-billion in the first half of the 2019 financial year. This supports McConnell’s baseline revenue for financial year 2020 and beyond.  

Zimmer Biomet appoints Profica to facilitate smooth office migration

By: Marleny Arnoldi     21st January 2019 Global medical device manufacturer Zimmer Biomet has appointed property and construction solutions company Profica to provide tenant representation and office fitout for a warehouse and office building that Zimmer will occupy. The building is currently under development at the Waterfall... 

New construction process proposed for Gautrain expansion project

By: Irma Venter     21st January 2019 More than halfway through the 15-year Gautrain concession period, Gautrain Management Agency (GMA) CEO Jack van der Merwe says he is pleased with the operation of the 80-km rail system. “Looking back at building the Gautrain there are positives and negatives. A positive is that we have an... 

 New construction process proposed for Gautrain expansion project

Egypt to invest $9bn in refineries' upgrade over four years – Minister

By: Reuters     21st January 2019 Egypt plans to upgrade six oil refineries at a cost of about $9-billion over four years to increase domestic production to 41-million tonnes a year, the petroleum minister said. "We are trying to secure crude oil supplies for Egyptian refineries to increase local production of refined products,"... 

South Africa may double power purchases from Congo hydro plant

By: Bloomberg     21st January 2019 South Africa is mulling committing to doubling the amount of electricity it will buy from a proposed multibillion-dollar hydro power plant in the Democratic Republic of Congo. Increasing the amount of electricity that South Africa will buy has become a linchpin for the companies seeking to build... 

South Africa may double power purchases from Congo hydro plant

Nigeria's State oil company seeks $4.1bn to lift output

By: Bloomberg     21st January 2019 Nigeria’s State-owned oil company said it’s in talks with financiers to raise as much as $4.1-billion and will seek to sign service deals to increase production from three leases. The Nigerian National Petroleum Corporation, or NNPC, is in discussions with Lagos-based Sterling Oil Exploration &... 

Location a key discussion point as Saudi Aramco mulls South African refinery investment

By: Terence Creamer     18th January 2019 “Location, location, location,” South Africa’s Minister Jeff Radebe quipped on Friday after a meeting with his Saudi counterpart, Khalid Al-Falih, where it was agreed that Saudi Aramco and the Central Energy Fund (CEF) would jointly study a plan for a new oil refinery and petrochemical investment... 

Location a key discussion point as Saudi Aramco mulls South African refinery investment
Kingdom of Saudi Arabia’s Energy, Industry and Mineral Resources Minister Khalid Al-Falih with South Africa's Energy Minister Jeff Radebe

Clough JV selected as preferred tenderer for civil works at Australian hydropower project 

By: Creamer Media Reporter      18th January 2019 The Clough Salini Joint Venture (JV) has been selected as the preferred tenderer for about A$4-billion worth of civil works packages for the Snowy 2.0 project – a multiyear infrastructure project. Clough is a wholly owned subsidiary of Murray & Roberts and has a 35% shareholding in the JV. 

Aveng sells noncore Aveng Water business  

By: Tasneem Bulbulia     18th January 2019 JSE-listed Aveng will sell Aveng Water and the Aveng Namibia Water business to Cambrose 735, a special purpose vehicle incorporated as a private company, Infinity Partners, for the purpose of the transaction, for R95-million. Infinity Partners is a 100% black-owned company jointly held by... 

Aveng sells noncore Aveng Water business

Roads Agency Limpopo accepts CEO's resignation

By: African News Agency      18th January 2019 Provincial road infrastructure delivery parastatal Roads Agency Limpopo said on Friday it had accepted the resignation of CEO Maselaganye Matji with effect from March 31, for personal reasons. Matji was appointed on a five-year contract ending February 2020 after the agency was effectively... 

E-toll contract not renewed but extended – Electronic Toll Collection

By: News24Wire      18th January 2019 The Electronic Toll Collection (ETC) says its Gauteng e-toll contract with the South African National Roads Agency (Sanral) has been extended - not renewed. It says the extension was made as per the provisions of the contract entered into between the parties in 2009. This was after the Democratic... 

Tripartite expo to cater for bigger PVP audience

By: Cameron Mackay     18th January 2019 The Pumps, Valves & Pipes Africa (PVP) 2019 international trade exhibition and conference is expected to welcome more than 10 500 industry professionals at this year’s event. The 2019 PVP Africa event, which will take place from June 11 to 13, in Johannesburg, at Gallagher Convention Centre, is... 

Tripartite expo to cater for bigger PVP audience
OPPORTUNITY FOR NETWORKING New partnership opportunities in a range of industries will create more opportunities for growth in the relevant sectors

HAW expands hose offering in South Africa

18th January 2019 Hydraulic and Automation Warehouse (HAW), a subsidiary of Bosch Rexroth South Africa Group Company, has expanded its hose crimper offering with the addition of the Uniflex UG32 grease crimper to its range. With orders ready for delivery in December last year, the UG32 launch was preceded with the... 

HAW expands hose offering in South Africa
UNIFLEX UG32 AND UG2O GREASE CRIMPERS Owing to product demand and our role in the fluid power market, the decision to supply a crimper unique to HAW was made

Sappma pleased with results after increasing audit frequency

By: Cameron Mackay     18th January 2019 Last year, more factory audits of plastic pipe producers and manufacturers who are members of the Southern African Plastic Pipe Manufacturers Association (Sappma) showed promising results leaving much hope for the future of the plastic pipes industry, says the quality regulator’s CEO, Jan Venter.... 

Sappma pleased with results after increasing audit frequency
SAPPMA From an environmental point of view, we can do a lot more for the same amount of money and materials

Connectivity and security balance critical as smart cities grow

By: Schalk Burger     18th January 2019 A balance between the hyperconnected-and-vulnerable and overly-cautious, developmentally moribund poles of the smart-city spectrum must be sought to support and protect smart cities, says networking multinational F5 Networks major channel account manager Simon McCullough. As smart cities expand,... 

Asset management systems seen as way to bolster utility sustainability

By: Schalk Burger     18th January 2019 Enterprise asset management (EAM) systems, including metering and billing solutions, help utilities to run more efficiently and, thereby, support utility and infrastructure provision, says information technology services multinational Wipro Africa business development head Marleze van... 

SEW-EURODRIVE gear units used in OEM projects

By: Khutso Maphatsoe     18th January 2019 Local original-equipment manufacturer (OEM) Wamechsi Group uses products from automation and drive specialist SEW-EURODRIVE South Africa for a range of wastewater treatment plants it has built in the country. This standardization is largely owing to the quality and reliability of the German... 

SEW-EURODRIVE gear units used in OEM projects
WILLEM STRYDOM SEW Eurodrive has a range of waste water treatment plants that are built in South Africa

Inside one of Joburg’s flagship urban renewal projects

By: Dylan Slater     18th January 2019 Urban property fund Divercity is helping City of Johannesburg mayor Herman Mashaba to realise his concept of restoring the Johannesburg central business district (CBD) to a degree of its former glory, as well as his wish to “turn Johannesburg into a construction site”, with old buildings being... 

Inside one of Joburg’s flagship urban renewal projects

DoL launches formal inquiry into roof collapse at KZN building

By: Marleny Arnoldi     17th January 2019 The Department of Labour (DoL) has set up a formal inquiry into the collapse of a structure that was under construction last year on the premises of Imperial Logistics, in Durban. The collapse led to the death of four employees and the injury of four others.  

Group Five to sell Everite, Sky Sands subsidiaries for R480m

By: Creamer Media Reporter      17th January 2019 Construction firm Group Five will sell its Everite and Sky Sands subsidiaries to a consortium comprising Trinitas Private Equity and Agile Capital for R480-million. The subsidiaries form part of the firm's manufacturing cluster. 

First Oxford Parks building completed

By: Marleny Arnoldi     17th January 2019 Construction of the Oxford Parks development, in Rosebank, has progressed, with the first building, built by Concor Buildings to serve as the new head office of oil company BP South Africa, completed. The 4-star green rated building is part of Phase 1 of the Oxford Parks vision, which will... 

First Oxford Parks building completed
Oxford Parks Phase 1 building one - BP South Africa's head office

Transnet to pursue ‘just and equitable’ settlements with rail OEMs awarded ‘unlawful’ contracts 

By: Terence Creamer     17th January 2019 Having determined the procurement of 1 064 diesel and electric locomotives to be “irregular and unlawful”, Transnet has communicated its intention to review contracts awarded to four original equipment manufacturers (OEMs) in 2015. The State-owned freight logistics group has also indicated that... 

Transnet to pursue ‘just and equitable’ settlements with rail OEMs awarded ‘unlawful’ contracts
Photo by Dylan Slater
Transnet chairperson Dr Popo Molefe

Johannesburg city council discovers almost R9m in lost revenue

By: African News Agency      17th January 2019 The Johannesburg city council says an operation in Fourways led to the discovery of almost R9-million in lost revenue due to illegal connections to services since 2015. "The three properties which were visited were also found not to have complied with the city's bylaws and were fined," it said of... 

Old Conradie hospital project could be 'make or break' for housing system, says Zille

By: News24Wire      17th January 2019 Western Cape Premier Helen Zille said the "pioneering" housing project expected at the site of the derelict old Conradie Hospital in Cape Town could "make or break" the current housing system. A R3-billion mixed-income residential project, set for the vast grounds of the old hospital could... 

EPP dominates listed property market with 21% return for 2018

By: Marleny Arnoldi     16th January 2019 JSE-listed retail property fund EPP has delivered a total return of 21% in 2018. The JSE’s benchmark property index SAPY recorded a total return of minus 25% for the year.  

EPP dominates listed property market with 21% return for 2018
EPP CEO Hadley Dean

EU countries clear steel import curb until July 2021

By: Reuters     16th January 2019 The European Union (EU) will limit imports of steel into the bloc following US President Donald Trump's imposition of metals tariffs after EU governments backed the plan in a vote on Wednesday. It means that all steel imports will be subject to an effective cap until July 2021 to counter concerns... 

Emira upgrades Denver warehouse

By: Tasneem Bulbulia     16th January 2019 JSE-listed Emira Property Fund is set to complete the total refurbishment of its 9 800 m2 warehouse facility, located in the industrial hub of Denver, Johannesburg, by March. Emira is investing R8.2-million in the revamp project. 

Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

Uganda's president 'astonished' MTN charged less for telecom licence renewal

By: Reuters     15th January 2019 Uganda's President Yoweri Museveni has criticised the telecommunications regulator after it slashed MTN Uganda's fee for renewing its telecoms licence, according to a letter seen by Reuters. Local media reported on Tuesday that the Uganda Communications Commission (UCC) had decided to charge MTN... 

China approves large new upstream dam project on the Yangtze river

By: Reuters     15th January 2019 China has approved construction of one of its tallest dams, a 239-metre (784-foot) hydroelectric structure on the upstream section of its longest river, the Yangtze, the state planning agency said on Tuesday. Hydropower is a clean and renewable source of energy but large-scale construction in... 

Helios Towers enters South Africa with Vulatel partnership

By: Bloomberg     14th January 2019 Helios Towers entered the South African market by forming a partnership with Vulatel to build out wireless and fixed-line infrastructure in the country. Helios Towers expects South Africa to lead the way on 5G rollout in sub-Saharan Africa, it said in a statement on Monday. 

Lower Thukela bulk water plant to provide purified water for over 300 000 people 

By: African News Agency      14th January 2019 The Lower Thukela bulk water purification plant in KwaZulu-Natal province is set to provide purified water to over 300,000 people, the KwaDukuza municipality said on Monday. The Lower Thukela water supply scheme includes infrastructure for abstracting and treating water from the uThukela River to... 

UK's nuclear future fades as Hitachi exit follows Toshiba  

By: Bloomberg     11th January 2019 Britain’s plan for a nuclear revival was thrown into disarray after the second Japanese company in as many months seemed to pull the plug on a new plant. The UK government has put atomic energy at the heart of its effort to attract 100-billion pounds ($130-billion) of investment to upgrade its... 

Uganda aims to impose penalties on distributor for power outages

By: Reuters     11th January 2019 Uganda aims to impose financial penalties from March on its sole power distributor Umeme for any frequent and prolonged supply outages, the regulator said. The public has long complained about high tariffs and long power cuts, while unreliable supplies add extra costs to businesses, which often... 

Nelson Mandela replica statue unveiled for the visually impaired 

10th January 2019 Exarro Resources and the Rotary District 9400 in November unveiled a 1m-tall replica of the famous Nelson Mandela Statue, located in Nelson Mandela Square, in Sandton, in Johannesburg, to allow the visually impaired to touch and “see” the statue in their own way. Tasneem Bulbulia reports. 

Nelson Mandela replica statue unveiled for the visually impaired
Nelson Mandela replica statue unveiled for the visually impaired

Mashaba seeks Treasury's intervention in R180m housing funding dispute with province  

By: African News Agency      10th January 2019 Joburg Mayor Herman Mashaba said on Thursday said that the City manager will be writing to the director-general of National Treasury, Dondo Mogajane, to seek their urgent intervention in the R180-million housing funding dispute with the Gauteng province. This comes after Mashaba and Meshack van... 

 Mashaba seeks Treasury's intervention in R180m housing funding dispute with province
City of Joburg Mayor Herman Mashaba

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