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Failure not an option at DCT berth deepening project, says TNPA

By: Shirley le Guern     11th September 2018 Transnet’s R7-billion megaproject to create deeper berths at the Durban Container Terminal (DCT) Pier 2’s North Quay will create some disruption and require close collaboration. However, given that this is the first project to be funded by the Brazil, Russia, India, China and South Africa's New... 

Eldorado's suspension threatens Greece's investment image

By: Bloomberg     12th September 2017 Eldorado Gold has put Greece on the spot. The Canadian mining company’s decision on Monday to suspend all its operations in Greece, citing delays in acquiring routine permits, puts the Syriza government of Prime Minister Alexis Tsipras in a difficult position.  

Site work begins on R1bn Gauteng train manufacturing plant

By: Terence Creamer     14th January 2016 Site clearing and earthworks for the R1-billion Dunnottar train manufacturing facility, in Ekurhuleni, which is being developed by the Alstom-led Gibela consortium, is set to begin, following the award of a contract to Trencon Construction, of Edenvale. The site is being leased from the... 

St Helena Airport development, St Helena Island

By: Sheila Barradas     28th August 2015 The calibration flights for the airport are currently scheduled for mid-September. 

Basil Read brand featured on UK postage stamp for role in St Helena airport project  

By: Leandi Kolver     14th October 2014 JSE-listed Basil Read on Tuesday noted that it was being featured in a new series of UK postage stamps acknowledging the construction of a new airport on the island of St Helena, a British territory 2 300 km west of Walvis Bay, Namibia. Basil Read St Helena Airport project director Jimmy Johnston... 

Worleyparsons Showcases A Spectrum Of Skills On St Helena Airport Project

18th June 2014 WorleyParsons, one of the world’s largest EPCM businesses, is approaching the end of its task as lead design engineer on the iconic St Helena Airport project, an undertaking that has provided an exceptional showcase of many of its design engineering skills in a single project. St Helena is one of... 

Babcock-Supplied Construction Equipment Performs Well On St Helena

3rd June 2014 Babcock’s supply of heavy construction equipment to support the construction of an airport on the remote island of St Helena will also be deployed to build a permanent wharf on the island that will allow ships to dock alongside for the first time in St Helena’s history. The island is in the South... 

Transnet allocates R7bn to aid economic transformation 

By: Shirley le Guern     9th April 2014 Transnet would spend R7-billion on training and upskilling young South Africans as part of its commitment to economic transformation, Public Enterprises Minister Malusi Gigaba told guests at a graduation ceremony for 84 graduates from the Transnet Maritime School of Excellence held at the Durban... 

Intrepid South Africans playing key role in St Helena airport adventure

By: Irma Venter     26th April 2013 The first plane to officially land at St Helena’s new airport – the first airport in the island’s more than 500 years of human habitation – is scheduled to do so in February 2016. Viewed as a threat to the quiet lifestyle on the island by some of the around 4 000 islanders, the project was given... 

Intrepid South Africans playing key role in St Helena airport adventure

By: Irma Venter     26th April 2013 The first plane to officially land at St Helena’s new airport – the first airport in the island’s more than 500 years of human habitation – is scheduled to do so in February 2016. Viewed as a threat to the quiet lifestyle on the island by some of the around 4 000 islanders, the project was given... 

Durban port upgrade and expansion project, South Africa

By: Creamer Media Reporter      26th April 2013 Transnet has concluded the first in a series of stakeholder-engagement sessions on the proposed Dig-Out Port project. 

Transnet begins public consultations on proposed dig-out port

By: Terence Creamer     17th April 2013 State-owned freight logistics group Transnet reports that it has concluded the first in what will be a series of stakeholder-engagement sessions on the proposed Durban Dig-Out Port (DDOP) project. Transnet is overseeing the initial concept work on what could be a R75-billion public–private... 

St Helena airport construction under way  

By: Anine Kilian     25th January 2013 South African construction firm Basil Read, which is the largest privately owned company currently operating on St Helena Island, a British overseas territory in the South Atlantic Ocean, currently employs about 350 people in the construction of the R3.5-billion St Helena International Airport... 

Durban port upgrade and expansion project, South Africa

By: Sheila Barradas     25th January 2013 State-owned freight logistics group Transnet has reiterated that funding for the proposed R75-billion Durban dig-out port is not included in the group’s current R300-billion capital budget. 

Transaction advisers working on PPP model for R75bn Durban dig-out port

By: Terence Creamer     18th January 2013 State-owned freight logistics group Transnet has reiterated that funding for the proposed R75-billion, Durban dig-out port (DDOP), which is earmarked for development at the city's old international airport site, is not included in the group's current R300-billion capital budget and that it will... 

Signs of Life?

By: Terence Creamer     14th December 2012 Two significant announcements made last week have the optimists among us wondering whether there are signs that South Africa’s infrastructure promises are, finally, becoming tangible. Firstly, the State-owned Passenger Rail Agency of South Africa (Prasa) confirmed that the Gibela Rail... 

One year on, Basil Read reports good progress at St Helena airport project

By: Idéle Esterhuizen     11th December 2012 December marks the one-year anniversary since the start of construction at the St Helena airport project, which will dramatically improve the remote Atlantic Ocean island’s connection to the rest of the world. Marius Heyns, the CEO of South African construction group Basil Read, which was awarded... 

Company Announcement: Basil Read Carries out Larges Blast on St Helena Island

10th December 2012 Basil Read, the JSE-listed construction group, carried out the largest blast on St Helena Island on 16 November 2012 in preparation for the commencement of the airport construction as part of the St Helena Airport Project 

Transaction advisers working on PPP model for R75bn Durban dig-out port 

By: Terence Creamer     6th December 2012 State-owned freight logistics group Transnet reiterated on Thursday that funding for the proposed R75-billion, Durban dig-out port (DDOP), which is earmarked for development at the city's old international airport site, is not included in the group's current R300-billion capital budget and that... 

St Helena airport construction well under way

By: Idéle Esterhuizen     31st August 2012 Despite logistical challenges, construction of the airport on the remote island of St Helena, in the Atlantic Ocean, was well under way, South African construction company Basil Read project director Jimmy Johnston said Friday. The JSE-listed group was awarded the R2.7-billion contract by the... 

Firms to develop blueprint for port terminal privatisation

By: Yolandi Booyens     3rd August 2012 Consulting firm SSI has partnered with European project management, engineering and consultancy services provider Royal HaskoningDHV to develop a blueprint for State-owned freight logistics group Transnet to privatise its Ngqura container port terminal operations. SSI is part of the DHV group,... 

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