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Infrastructure News

Aveng expects to wrap up noncore disposals by June 2019

By: Terence Creamer     7th September 2018 Embattled construction group Aveng expects to finalise the disposal of all noncore businesses by June 2019. Following a strategic review, the JSE-listed company identified Aveng Trident Steel, Aveng Grinaker-LTA, Aveng Manufacturing, as well as certain properties and other assets, for sale. 

Blueprint needed for integration of smart solutions with new and old infrastructure

By: Schalk Burger     7th September 2018 The implementation of sensor networks and smart infrastructure systems can be done as part of maintenance efforts and for greenfield developments, which will help to improve infrastructure resilience and service delivery, says networking multinational Ruckus Networks sub-Saharan Africa sales... 

Blueprint needed for integration of smart solutions with new and old infrastructure
RIAAN GRAHAM The deployment of smart systems can be enabled by introducing a core design principle established by provincial and/or national government

Basil Read business rescue plan meeting rescheduled

By: Marleny Arnoldi     6th September 2018 Construction firm Basil Read said on Thursday that a creditors meeting to consider its business rescue plan was held this week, but that it had been adjourned to allow more time for affected persons to engage and consider the proposals made in the plan. The meeting will be reconvened on... 

Kenya 428 km power line complete, to add 310 MW to grid by December

By: Reuters     5th September 2018 A high-voltage power line to carry electricity from a 310 MW wind power plant to central Kenya from the north is complete and supply to the national grid will stabilise by December, the energy minister said, replacing diesel generation. The 428 km, 400 kV power line is critical for the Lake... 

African rail industry urged to adopt concepts of Fourth Industrial Revolution

By: Nadine James     4th September 2018 The African rail industry must adopt the concepts and develop the technologies of the Fourth Industrial Revolution to facilitate, and realise, the industrialisation aspirations of the continent, delegates attending a South African Heavy Haul Association (SAHHA) technical workshop, on Tuesday,... 

Distressed SA market to be offset by UK acquisitions, says WBHO

By: Irma Venter     4th September 2018 A South African construction company that still makes a profit is a rare sight these days, yet Wilson Bailey Holmes-Ovcon (WBHO) this financial year yet again managed to buck the depressing trend of failing domestic construction companies, owing largely to gains made in geographies outside South... 

Distressed SA market to be offset by UK acquisitions, says WBHO
Louwtjie Nel

NHBRC concludes disciplinary process, three executives implicated

By: Marleny Arnoldi     3rd September 2018 The National Home Builders Registration Council (NHBRC) has concluded a disciplinary process for three out of four executives that were suspected of unethical behaviour. The most serious sanction was a dismissal verdict against the corporate services executive.  

China's Xi offers another $60bn to Africa, but says no to 'vanity' projects

By: Reuters     3rd September 2018 Chinese President Xi Jinping offered another $60-billion in financing for Africa on Monday and said Chinese companies will be encouraged to invest no less than $10-billion over the next three years, but he also warned against "vanity projects". Speaking at the opening of a major summit with... 

China's Xi offers another $60bn to Africa, but says no to 'vanity' projects
Chinese President Xi Jinping

Chinese bank to lend Nigeria $328m for fixing telecom infrastructure

By: African News Agency      3rd September 2018 China’s Exim bank will lend Nigeria $328-million towards improving the West African country’s telecoms infrastructure, Reuters reported. Poor telecoms are a major challenge for businesses operating in Nigeria, which is Africa’s largest oil producer, most populous country and has one of the... 

NBF appoints acting CEO

By: Marleny Arnoldi     31st August 2018 New Partnership for Africa’s Development Business Foundation (NBF) Africa infrastructure desk programme manager Peter Varndell will assume the role of acting CEO of the organisation, following Lynette Chen’s resignation in June. NBF rail project manager Kudzanayi Bangure has assumed the role of... 

Waste gas fuels smelter

By: Halima Frost     31st August 2018 A gas processing plant, built by backup and continuous power solutions provider Diesel Electric Services, in Boshoek near Rustenburg, has achieved over 45 000 lost-time injury-free hours in its first year of operation. The project –  which started in January 2016, and took about 16 months to... 

Waste gas fuels smelter
HOUSING THE GASSES 13 gas generators are housed 300 m away from the smelter

Radar Optiwave aids measurement

31st August 2018 Industrial instrumentation solutions manufacturer and supplier Khrohne says the use of radar has expanded into various sectors. 

Politics hamper African airlines’ growth potential

By: Jessica Oosthuizen     31st August 2018 The African airline sector has significant potential for growth, but it is not growing sufficiently because of various issues, such as stringent regulatory frameworks, says flag carrier airline Air Mauritius Southern Africa and Latin America regional GM Carla da Silva. Government policies in... 

Politics hamper African airlines’ growth potential
CARLA DA SILVA Better and more communication is needed in terms of the benefits of aviation and the role that it plays in stimulating gross domestic product and job creation

Spotlight on CTC and potential legal inconsistencies

By: Jessica Oosthuizen     31st August 2018 The Cape Town Convention (CTC) on International Interests in Mobile Equipment is receiving a lot of attention from the legal industry in terms of how South Africa has incorporated it and how certain remedies provided for therein are enforced in the aviation industry, says global law firm Norton... 

Spotlight on CTC and potential legal inconsistencies
COMPLIANCY CHECK An aviation working group is evaluating whether South Africa implements and complies with the rights and remedies provided for in the Cape Town Convention

M&R upbeat on prospects for mining unit amid commodity cycle ‘upturn’

By: Terence Creamer     30th August 2018 Engineering and construction group Murray & Roberts (M&R) is upbeat about prospects for its strong-performing underground mining unit, which was the biggest contributor to the group’s 2018 financial performance, as well as to the growth in the JSE-listed company’s R30-billion order book. The... 

M&R upbeat on prospects for mining unit amid commodity cycle ‘upturn’
M&R Cementation aiming to become leading mechanised mining operator in Africa

Aveng’s early bond redemption terms finalised, shareholder approval pending

By: Marleny Arnoldi     30th August 2018 JSE-listed construction group Aveng has finalised the terms of the early bond redemption, which is now subject to final shareholder and existing convertible bondholder approval. Aveng will repurchase R657-million of existing convertible bonds, including accrued interest, for R460-million – 70%... 

M&R reports positive FY18 results

By: Creamer Media Reporter      29th August 2018 Multinational engineering and construction group Murray & Roberts (M&R) on Wednesday reported a 56% year-on-year increase in diluted continuing headline earnings per share to 112c for the financial year ended June 30, compared with 72c in the prior financial year. R21,8 billion Revenue from... 

Group Five warns of widened FY18 losses

By: Creamer Media Reporter      29th August 2018 Construction company Group Five on Wednesday warned of widening losses for the financial year ended June 30, as losses continued in the second half of the year, despite the group's restructuring and rationalisation programme. Group Five expects to report a loss a share and a headline loss a share... 

MSQ, Coega SEZ to build R100m medical device factory

By: Shirley le Guern     28th August 2018 South African healthcare company MSQ is positioning itself to become South Africa’s third active pharmaceutical ingredient (API) manufacturer. The company, which has set its sights on becoming a market leader in a sector dominated by imports, has teamed up with the Coega Special Economic Zone... 

MSQ, Coega SEZ to build R100m medical device factory
Coega SEZ portfolio developer Asanda Vos, MSQ director Themba Nyembezi, MSQ CEO Dr Nhlanhla Msomi, Coega SEZ business development executive director Christopher Mashigo, MSQ COO Dr Carl Montague, MSQ manufacturing operations manager Mzingisi Tshicila and MSQ Pharma MD Glen Sullivan.

China says projects not to blame for majority of Africa debt

By: Reuters     28th August 2018 Chinese development projects do not account for a majority of the debt on African countries, a senior Chinese official said on Tuesday ahead of a summit with African leaders in Beijing next week. China's "Belt and Road" initiative has been praised by supporters for providing vital financing to... 

Ethiopia ousts State firm from Nile dam project after construction delays

By: Reuters     27th August 2018 Ethiopia has ousted State-run Metals and Engineering Corporation (METEC) from a $4-billion dam project on the River Nile due to numerous delays in completing the project. The Grand Renaissance Dam is the centrepiece of Ethiopia's bid to become Africa's biggest power exporter. 

Basil Read CFO resigns

By: Marleny Arnoldi     27th August 2018 JSE-listed Basil Read CFO and FD Pieter van Buuren has resigned, effective September 21, to pursue other interests. The board will make an announcement on the appointment of a new CFO in due course.  

New bridge to improve access to Brackengate 2 logistics park

By: Creamer Media Reporter      24th August 2018 JSE-listed diversified real estate investment trust (Reit) Redefine Properties and VDMV Property Group on Friday officially opened the newly improved Cilmor road bridge over the R300. The bridge, which was completed in August, was built at a cost of R27-million and is expected to further improve... 

New bridge to improve access to Brackengate 2 logistics park

Creecy concerned about lack of infrastructure spending

By: African News Agency      23rd August 2018 Gauteng Finance MEC Barbara Creecy on Thursday raised her concerns about the negative impact on the quality of public facilities and job creation caused by poor spending of infrastructure budgets by municipalities in the province. During a meeting with MMCs of Finance from all municipalities in... 

Creditors to vote on Basil Read business rescue plan in September

By: Marleny Arnoldi     21st August 2018 Since JSE-listed Basil Read announced its entering into business rescue in June, it has secured R265-million in funding and its business rescue practitioners (BRP) have, this week, published a business rescue plan. The company’s appointed BRPs – Siviwe Dongwana and John Lightfoot – believe the... 

Construction sector outlook promising following difficult 2017 – Bryte

By: Marleny Arnoldi     21st August 2018 The construction sector in South Africa faced an exceptionally challenging 2017, reaching 17-year lows; however, it remains one of the economic engines of the country. The construction sector holds immense potential for advancement of the country’s general financial wellbeing, says Bryte... 

Construction sector outlook promising following difficult 2017 – Bryte

Only 6% of Joburg bridges are in good condition – JRA

By: News24Wire      20th August 2018 The City of Johannesburg says it is facing a major headache, after the Johannesburg Roads Agency (JRA) said that out of the 902 bridges managed by the City, only 6% are in good condition. The remaining 94% need immediate intervention. "The city is facing a R170-billion infrastructure backlog. Do... 

Only 6% of Joburg bridges are in good condition – JRA

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

By: Terence Creamer     20th August 2018 A surge in irregular expenditure to over R8-billion triggered a qualification of Transnet’s 2018 financial results, all but eclipsing an otherwise strong financial and operational performance by the State-owned group. The irregular expenditure related primarily to procurement undertaken by... 

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

Municipalities to blame for 'contamination of Vaal river system' – Parliament 

By: News24Wire      20th August 2018 A lack of maintenance in sewage infrastructure by municipalities is to blame for contamination into the Vaal River system, Parliament’s Portfolio Committee on Water and Sanitation said on Sunday. "The Sedibeng District and Emfuleni Local Municipalities [are] at the centre of crumbling current... 

Basil Read, Esor ask for JSE share trading suspension

By: Creamer Media Reporter      17th August 2018 Construction firms Basil Read and Esor, which have both entered into business rescue, on Friday asked the JSE to suspend trading in their shares. Basil Read requested the suspension until the effect of the business rescue on the listed business can be quantified, which it said is only likely once... 

Experts collaborate to deliver project in Kenya

17th August 2018 Integrated infrastructure delivery company Aecom’s Nairobi team, consisting of experts from South Africa, Kenya, Germany and the US, is working on a civil-structure assessment project for a transmission line in Kenya. “A major advantage for Aecom in the region is its ability to leverage its... 

Experts collaborate  to deliver project in Kenya
BONI CHILESHE A major advantage for Aecom in the region is its ability to leverage its international expertise and experience on the continent

Microsurfacing system cost effective, environment friendly

By: Donald Makhafola     17th August 2018 Bituminous binders and slurries for road-surfacing specialist manufacturer and applicator Colas South Africa completed 700 000 m² of road reseal for Mogale City local municipality, including several roads in the Krugersdorp Nature Reserve, over the past three years. For the project, which... 

Microsurfacing system cost effective, environment friendly
ENVIRONMENT-FRIENDLY The Colas South Africa team applying Colmat L microsurfacing in the Krugersdorp Nature Reserve

Wave of innovation for infrastructure development

By: Donald Makhafola     17th August 2018 With business spend in Africa predicted to grow from $2.6-trillion in 2015 to $3.5-trillion by 2025, wholly black-owned construction group Concor Construction believes that this trend will redefine urban areas and cities, triggering the need for rapid infrastructure development and services.... 

Wave of innovation for  infrastructure development
COLLABORATION Concor Construction wants to work with governments and municipalities to meet their mandates for infrastructure delivery

Expediting infrastructure development to address rapid urbanisation

By: Donald Makhafola     17th August 2018 With increasing urbanisation and technological advancement in African countries, the need for more robust and sophisticated infrastructure to support and sustain this growth is essential, says global engineering consultancy firm SRK Consulting partner and principal civil engineer James Morris.... 

Expediting infrastructure development to address rapid urbanisation
Photo by Bloomberg
URBANISATION There is a need for robust and sophisticated infrastructure to support and sustain increasing urbanisation in Africa

55 Mℓ/d treatment plant completed

17th August 2018 Global optimised resource management company Veolia Water Technologies South Africa recently handed over the 55 Mℓ/d potable water treatment plant to State-owned water utility Umgeni Water in the iLembe district municipality in KwaZulu-Natal. The project was part of the Lower Thukela Bulk Water... 

55 Mℓ/d treatment  plant completed
RELIABLE SUPPLY The 55 Mℓ/d potable water treatment plant in the iLembe District has been handed over to Umgeni Water

Investors looking for viable infrastructure projects in Africa

By: Donald Makhafola     17th August 2018 There is investor appetite for well-structured infrastructure projects on the continent, but investors need clarity from governments on regulations and the various projects earmarked for development, says specialist banking company Investec Bank head of power and infrastructure finance... 

Investors looking for  viable infrastructure  projects in Africa
INVESTING IN INFRASTRUCTURE Investec Bank is considering investment in renewable energy, water desalination and treatment projects, transportation infrastructure and speciality buildings

Need for engineers amid infrastructure delivery challenges

By: Donald Makhafola     17th August 2018 Amid basic service delivery challenges, such as housing, water, transport infrastructure and energy, there is a desperate need for engineers in the country, says association for consulting engineering firms Consulting Engineers South Africa (Cesa) president Neresh Pather. He says efforts should... 

Need for engineers amid infrastructure  delivery challenges
NERESH PATHER AND CHRIS CAMPBELL Consulting Engineers South Africa is encouraging partnerships among its member companies, in the form of joint ventures, to benefit in respect of growth and skills transfer

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