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Master Builders Association mourns first woman president Eunice Forbes
1st July 2022 Industry organisation Master Builders South Africa has announced that Eunice Forbes, who was the first woman to serve as president of a national construction association, has passed away at the age of 80. Forbes was president of Gauteng Master Builders Association, now Master Builders Association... →
KZN Master Builders elects new council, plans to help grow construction industry
1st July 2022 Industry organisation the KwaZulu-Natal Master Builders and Allied Industries Association has elected an executive council for the next term of office and Marcus Gonzalves, of FS Gonzalves Construction, was designated as president. It also announced plans to contribute to the growth of the... →
Best practices, governance can create sustainable local wildlife economies
1st July 2022 Sustainable wildlife economies that directly benefit local communities and provide resources to support development, can be created, but require best practices and standardisation to ensure the quality, safety and marketability of products and services, as well as transparency across the value... →
New financing mechanism underpins early climate warnings, adaptation
1st July 2022 The United Nations Systematic Observation Financing Facility (SOFF) is a new financing mechanism for climate action that has become operational and underpins early warnings and adaptation. The finance mechanism aims to strengthen weather and climate observations, improve early warnings to save... →
TFR signs cross-border agreement with Railways of Mozambique
1st July 2022 State-owned rail agency Transnet Freight Rail (TFR) has signed a cooperation agreement with Mozambique State agency Ports and Railways of Mozambique (CFM) to implement an immediate train run-through model that will result in the export of chrome and ferrochrome moving seamlessly from Belfast, in... →
Absa PMI’s June decline masks demand, activity deterioration
1st July 2022 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 52.2 index points in June from 54.8 in May; however, the headline PMI masks a worrying deterioration in demand and activity during the month. The business activity index signalled a contraction in output for a third... →
Sustainable aviation fuels seen contributing to a 65% reduction in aviation-sector pollution by 2050
1st July 2022 Sustainable aviation fuels (SAF) can contribute to a 65% reduction of emissions in the aviation industry by 2050, and South Africa has an excellent resource base to produce like-for-like replacements for fossil fuel-derived fuels that can be used with existing equipment and aeroplanes, says... →
R3.4bn in UIF TERS monies returned, Phase 2 of Follow the Money project to start in July
30th June 2022 Unemployment Insurance Fund (UIF) commissioner Teboho Maruping says R3.4-billion has been voluntarily returned to it by employers that irregularly benefitted from the Covid-19 Temporary Employer-Employee Relief Scheme (TERS). The first phase of the UIF's Follow the Money project determined that... →
Renergen strikes new gas blower named Gandalf, making progress on plant
30th June 2022 ASX- and JSE-listed natural gas and helium producer Renergen announced a new gas blower named Gandalf at its Virginia gas project, in South Africa’s Free State province, after gas was intersected at 480 m from surface with a flow rate of about 90 000 cubic feet a day. The target depth is 1 200 m,... →
Hyprop reduces LTV to 40%, repositioning portfolio for sustainable growth
29th June 2022 JSE-listed real estate investment trust Hyprop's current consolidated loan-to-value (LTV) is about 40%, down from a historic 47%, the company said in a pre-close update on June 29. This is owing to several interventions, including the completion of the disposal of the Delta City Mall in... →
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