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Construction News

Gauteng government seeks help spending its RDP budget

By: News24Wire      21st November 2018 Gauteng Human Settlements MEC Uhuru Moiloa has plans to exhaust the RDP construction budget by the end of the financial year and he needs help. According to Moiloa, for the first time in his department's history, more than 50% of the budget was spent in the third quarter of the financial year. He... 

Mashaba orders audit to establish legal status of those occupying City property

By: News24Wire      21st November 2018 City of Johannesburg Mayor Herman Mashaba says he has ordered an audit into the legal status of those occupying City properties. The audit would establish, among other things, whether tenants occupying buildings in the City were doing so legally and if any subletting was taking place. It would... 

Mashaba orders audit to establish legal status of those occupying City property
City of Johannesburg Mayor Herman Mashaba

Dipula delivers strong FY results

By: Tasneem Bulbulia     20th November 2018 Diversified real estate investment trust Dipula Income Fund on Tuesday reported double-digit growth in distributable earnings to R504.2-million for the year ended August 31. Dipula’s property portfolio ended the year with a 25% higher value at R8.6-billion. 

Stor-Age achieves growth despite challenging economic climate

By: Marleny Arnoldi     20th November 2018 Real estate investment trust Stor-Age has achieved a 9.1% year-on-year increase in dividends a share to 51.3c apiece for the six months ended September 30, underpinned by solid organic growth in its South African and UK portfolios and the successful integration of acquisitions. Stor-Age... 

Report lays out action plan for sanitation crisis in Limpopo schools

By: Sashnee Moodley     20th November 2018 Public-interest law centre Section27 has released its long-awaited sanitation report, offering an overview of the state of school sanitation in Limpopo and calling on the Limpopo Department of Education (LDE) and the Department of Basic Education (DBE) to address the issue. The report, ‘Towards... 

Report lays out action plan for sanitation crisis in Limpopo schools

Jewel City development project marks sod-turning milestone  

By: Tasneem Bulbulia     19th November 2018 The Jewel City development project in Johannesburg is coming to life, with the first sod turned on Monday and further development plans for the inner-city precinct unveiled. The sod-turning was attended by Johannesburg mayor Herman Mashaba and Sigma Capital executive chairperson Phuti Mahanyele. 

Jewel City development project marks sod-turning milestone
Sigma Capital executive chairperson Phuti Mahanyele details the Jewel City development project

Barloworld mulls adding another Cat business; cuts 1 000 auto jobs 

By: Irma Venter     19th November 2018 Barloworld is mulling the acquisition of another distribution deal with US equipment manufacturer Caterpillar, says Barloworld CEO Dominic Sewela. This follows the sale of the Iberia Equipment business in Spain for R2.5-billion. 

Barloworld mulls adding another Cat business; cuts 1 000 auto jobs
Dominic Sewela

PSG Wealth to move into Ingress development in Midrand  

By: Marleny Arnoldi     16th November 2018 JSE-listed property developer Attacq and wealth management firm PSG Wealth on Friday held a sodturning ceremony to officiate the development of the Ingress office park, in the Waterfall precinct, in Midrand. PSG will take up residency in a four-storey 4 376 m2 building, with the construction... 

PSG Wealth to move into Ingress development in Midrand
Attacq CEO Melt Hamman and PSG chairperson Willem Theron share details on the Ingress development in Midrand that will house PSG from August 2019. Video and editing: Nicholas Boyd.

Lack of school toilets puts 620m children in danger – report

By: Reuters     16th November 2018 A lack of proper school toilets threatens the health, education and safety of at least 620-million children around the world, the charity WaterAid said in a new study published on Friday. Children at one in three schools lack access to proper toilets, putting them at risk of diarrhea and other... 

Industry should use slowdown to train staff

By: Jessica Oosthuizen     16th November 2018 The construction industry should use recessions to train staff to gain a competitive edge when work volumes increase, says cement and concrete technical services provider The Concrete Institute’s School of Concrete Technology senior lecturer John Roxburgh. “It is crucial to have competent people... 

Industry should use  slowdown to train staff
CONCRETE COGNITION Concrete is extensively used in all civil and construction projects and sound concrete technology knowledge is important

Repair, maintenance vital for infrastructure life span

By: Jessica Oosthuizen     16th November 2018 Preventive maintenance and the timeous repair of infrastructure can save significant costs and extend the life of infrastructure, says specialised construction products supplier a.b.e. Construction Chemicals general construction sales manager Warren Trew. “Unfortunately, many players in the... 

Repair, maintenance vital for infrastructure life span
BRIDGE RESORATION a.b.e. Construction Chemicals is involved in the restoration of bridges on the N17 and N14

Industry body supports economic recovery plan

By: Jessica Oosthuizen     16th November 2018 Industry body Consulting Engineers South Africa (Cesa) welcomes government’s focus on infrastructure development in support of economic recovery and job creation, as illustrated in Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) last month, says Cesa CEO Chris... 

Industry body supports economic recovery plan
CHRIS CAMPBELL We are in a position, as the private sector, to partner with government to develop and build infrastructure to a level that supports good service delivery

IRP could revive struggling construction sector

By: Jessica Oosthuizen     16th November 2018 The Integrated Resource Plan 2018 (IRP 2018) could revive South Africa’s struggling construction sector, says engineering consultancy DBI Consulting Engineers executive director Monty Ditibane. The draft IRP 2018, which outlines the plan for South Africa to meet its growing national electricity... 

IRP could revive struggling construction sector
Photo by Creamer Media
OPTIMUM OPPORTUNITIES Although the construction industry is facing challenging times, it must be realised that there are many opportunities and initiatives to uplift the industry

Project to have major economic impact

By: Jessica Oosthuizen     16th November 2018 The Motherwell Passenger Rail Corridor (MPRC), one of the Passenger Rail Agency of South Africa’s (PRASA’s) largest rail projects, will have a major economic impact, with significant benefits, says multidisciplinary engineering and architecture company GIBB railway engineering associate Nico... 

Project to  have major economic impact
MOTHERWELL PASSENGER RAIL CORRIDOR The construction of the railway line and associated infrastructure is scheduled to start in 2022/23

Building slump causing disputes

By: Jessica Oosthuizen     16th November 2018 The economic slump in the building industry has led to desperation, resulting in contractors and other parties involved readily accepting work without protecting themselves contractually, says nonprofit industry representative the Joint Building Contracts Committee (JBCC) CEO Uwe Putlitz. The... 

Building slump causing disputes
BUILDING BLOCKS Those seeking or offering services in the building industry should deal only with reputable clients

Construction industry depressed, but upturn expected

By: Jessica Oosthuizen     16th November 2018 South African thermoplastic valves supplier Astore Keymak depends on project and maintenance work, as the civil engineering and construction sector is depressed, says Astore Keymak compression fittings and saddles manager Aldrin Velan. However, he believes that there will be an upturn,... 

Attacq unveils landmark Africa sculptures at Mall of Africa

By: Tasneem Bulbulia     15th November 2018 JSE-listed Attacq this week unveiled its latest art development, titled “There is no time like the present” and located at Mall of Africa. The sculptures, each reaching a height of 5.5 m, represent the two “faces” of Africa. 

Attacq unveils landmark Africa sculptures at Mall of Africa
Attacq Africa sculptures

Attacq’s Ellipse Waterfall achieves towering first-week sales

By: Tasneem Bulbulia     15th November 2018 JSE-listed Attacq, in collaboration with JV partner Tricolt, is recording high sales volumes on Phase 1 of Ellipse Waterfall, the first high-rise residential development within Waterfall City, with sales totalling R420-million in the first week. The new residential development was announced in... 

Attacq’s Ellipse Waterfall achieves towering first-week sales
Ellipse Waterfall

Cape Town to sign loan with German state-owned KfW Bank for urban wastewater management

By: African News Agency      15th November 2018 The City of Cape Town will next week sign a loan agreement with the Germany's KfW Development Bank for urban wastewater management which will be payable at a favourable rate over 15 years.  The loan is in line with the City's ongoing focus on the upgrading of urban wastewater management... 

Indluplace maintains dividend amid tough residential property market

By: Tasneem Bulbulia     14th November 2018 JSE-listed real estate investment trust Indluplace Properties reported a dividend of 49.19c for the second half of the financial year ended September 30, bringing the total dividend for the year to 97.75c, in line with the prior year. During the period, Indluplace bedded down its R4.3-billion... 

Land issue is a festering sore – Ramaphosa 

By: News24Wire      14th November 2018 Whenever President Cyril Ramaphosa travels abroad and hosts a media conference, he now inevitably faces questions around land reform without expropriation. His stock answer? That without comprehensive land reform, South Africa's hard-won stability may come undone. While Wednesday was no... 

 Land issue is a festering sore – Ramaphosa
President Cyril Ramaphosa & European Parliament President Antonio Tajani

South Africa's land expropriation unnerves investors – World Bank executive

By: Reuters     14th November 2018 Plans by South Africa's ruling African National Congress (ANC) to change the constitution to allow the expropriation of land without compensation have unnerved investors, a senior World Bank group executive said on Wednesday. President Cyril Ramaphosa's party has made the acceleration of land... 

South Africa's land expropriation unnerves investors – World Bank executive

Improved performance drives Sephaku’s H1 earnings higher

By: Simone Liedtke     13th November 2018 Construction materials company Sephaku Holdings (SepHold) achieved a 75.9% year-on-year increase in basic earnings a share to 12.83c for the six months ended September 30, as a result of a significantly improved performance during the period. Headline earnings a share increased by 77.3%... 

Johannesburg Park Station platforms to be closed for a month

By: African News Agency      13th November 2018 Passenger Railway Agency South Africa (PRASA) on Tuesday said the majority of Johannesburg Park Station platforms will be closed with limited train services accessing the station between November 16 and December 16. PRASA said their modernisation programme aimed at rolling out new modernised... 

Don’t change the Constitution for land reform – CDE

By: Sashnee Moodley     13th November 2018 Changing the Constitution to accelerate land reform is unnecessary and threatens property rights for no good reason, says the Centre for Development and Enterprise (CDE) in its latest report ‘Agriculture, Land Reform and Jobs: Can South Africa make this work?’. The CDE said that while it opposed... 

Don’t change the Constitution for land reform – CDE

Rebosis shares fall on lower dividend

By: Tasneem Bulbulia     12th November 2018 JSE-listed real estate investment trust (Reit) Rebosis Property Fund's share price fell by more than 23% on Monday. The Reit declared a dividend of 252.86c per A ordinary share and 92.83c per ordinary share for the financial year ended August 31. This represents a 5% year-on-year increase in the... 

Advance infrastructure construction on LHWP Phase 2 to start in January

By: Simone Liedtke     9th November 2018 Advance infrastructure construction at Polihali and Katse, which forms part of the Lesotho Highlands Water Project (LHWP) Phase 2, is set to begin in early January, following the award of a contract, valued at about 394-million Lesotho Maloti, to the WBHO and LSP Construction joint venture (JV).... 

Drones revolutionising Gauteng’s management of infrastructure projects

By: Rebecca Campbell     9th November 2018 The Gauteng Department of Infrastructure Development (DID), with the assistance of the University of Johannesburg’s (UJ’s) Centre for Applied Research and Innovation in the Built Environment, is achieving unprecedented monitoring of the infrastructure development and construction projects that it... 

Cities need to invest up to $5.4tn a year to develop resilient infrastructure

By: Schalk Burger     9th November 2018 All forms of infrastructure are critical for the expected global urban growth, yet cities face a $4.5-trillion- to $5.4-trillion-a-year investment gap to develop resilient infrastructure. Smart cities are a response to infrastructure and funding challenges, says consulting engineering firm WSP... 

Cities need to invest up to $5.4tn a year to develop resilient infrastructure
ALISON GROVES A focus on sustainability will help build cities and spaces for rural communities that are liveable and resilient

SA lags, but has much to gain from boosting energy efficiency

By: Schalk Burger     9th November 2018 The energy intensity of South Africa’s economy – defined as energy consumption as a function of gross domestic product – is about twice the international average and electrical energy consumption is about 40% higher than the international average, says the Academy of Science South Africa (ASSAf).... 

SA lags, but has much to gain from boosting energy efficiency

Atterbury concludes new BBBEE deal

By: Tasneem Bulbulia     8th November 2018 Property development and investment company Atterbury has concluded a significant broad-based black economic empowerment (BBBEE) transaction that secures 30% black ownership of Atterbury Property Fund (APF), the company announced on Thursday. APF is now 30% owned by Talis Investment Partners... 

Atterbury concludes new BBBEE deal
Atterbury CEO Louis van der Watt and entrepreneur Tebogo Mogashoa

Dangote is said to express interest in Kenyan cement firm ARM

By: Bloomberg     8th November 2018 Dangote Cement, Africa’s biggest producer of the building material, expressed an interest in acquiring Kenyan rival ARM Cement, according to three people familiar with the matter. ARM has been exploring a sale since at least October 2017. The company, part-owned by CDC Group, was placed in... 

Allied Steelrode launches second stretcher leveller to meet growing demand 

By: Simone Liedtke     8th November 2018 As a result of increasing demand for stretched and flattened steel, local steel supplier and processing company Allied Steelrode on Thursday launched a second stretcher leveller at its Midvaal-based facility for the production of Allied Steelrode Stretcher Material (ASSM). Having the stresses of... 

Allied Steelrode launches second stretcher leveller to meet growing demand
Allied Steelrode executive director Warne Rippon and group CE Arun Chadha speak to Engineering News Online about the company’s most recent purchase, a second stretcher leveler, as well as some of the company’s corporate social investments in the Midvaal area. Video & Editing: Nicholas Boyd

Africa poised to be global renewable-energy leader – AfDB president  

By: Terence Creamer     8th November 2018 African Development Bank (AfDB) president Dr Akinwumi Adesina says Africa is poised to become the leading region for renewable-energy globally and has reaffirmed the bank’s support for the ambitious ‘Desert to Power’ programme in the Sahel region. Speaking in Johannesburg at the inaugural Africa... 

Africa poised to be global renewable-energy leader – AfDB president
Photo by Reuters
AfDB president Dr Akinwumi Adesina

To unlock sustained investment Africa must ‘resolve problems that keep investors away’  

By: Terence Creamer     8th November 2018 If Africa is to seize the opportunities of the future, it needs to mobilise large-scale, sustained investment, especially in infrastructure, President Cyril Ramaphosa said in his address at the Africa Investment Forum under way in Johannesburg this week. Organised by the African Development Bank... 

To unlock sustained investment Africa must ‘resolve problems that keep investors away’
President Cyril Ramaphosa

Stefanutti posts R125m H1 operating profit despite order book decline, strained market

By: Marleny Arnoldi     8th November 2018 JSE-listed construction company Stefanutti Stocks managed to generate an operating profit of R125-million in the six months ended August 31, despite a constrained construction market, which indicates a positive turnaround from the R451-million operating loss reported for the financial year ended... 

Rexroth HUBB launches to fully consolidate companies  

8th November 2018 The Rexroth HUBB, in Kempton Park, was officially inaugurated in October, with this 16 000 m2 central hub housing the Bosch Rexroth South Africa group of companies, formerly the Hytec Group. Tasneem Bulbulia tells us more. 

Rexroth HUBB launches to fully consolidate companies
Rexroth HUBB launches to fully consolidate companies

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