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Construction News

Sanral announces start of new R2.2bn phase of the N2 Wild Coast Road project

By: Irma Venter 6th September 2024 South African National Roads Agency Limited (Sanral) CEO Reginald Demana has announced the start of Package 4 of the N2 Wild Coast Road (N2WCR) project in the Eastern Cape. The R2.2-billion phase of the project will be rolled out by the WBHO-Edwin Construction Joint Venture. →

UK govt financier pledges $35m towards construction of DRC deep-water container port

By: Irma Venter 6th September 2024 British International Investment (BII) says it has committed up to $35-million for the construction of the initial phase of the Democratic Republic of Congo’s (DRC’s) first deepwater container port. BII is the development finance institution of the UK government. →

Cape Town Mayco okays 7 ha land release for mixed-use development; must include affordable housing

By: Irma Venter 5th September 2024 Cape Town’s Mayoral Committee has greenlit the release of 7 ha of land for a mixed-use development in Rondebosch East, roughly 10 km from the city centre. The committee will now seek council approval to start with a public participation process for the proposed sale of the city-owned land. →

China offers Africa $51-billion in fresh funding, promises a million jobs

By: Reuters 5th September 2024 President Xi Jinping pledged on Thursday to step up China's support to the world's fastest-growing continent with funding of nearly $51-billion, backing for more infrastructure initiatives and a promise to create at least 1-million jobs. The world's biggest two-way lender, Beijing showed a desire... →

Photo by Reuters
Chinese President Xi Jinping

DMRE moving with pace on nuclear determination amid mounting technoeconomic questions

By: Terence Creamer 4th September 2024 South Africa’s Department of Mineral Resources and Energy (DMRE) expects to finalise nuclear-procurement consultations in the coming two to three months before approaching the regulator for its concurrence with a new Ministerial determination for the procurement of 2 500 MW of new nuclear... →

Electricity and Energy Minister Dr Kgosientsho Ramokgopa will host a nulclear summit on September 12

Hyprop deploys admyt ticketless parking solution at major malls

By: Marleny Arnoldi 3rd September 2024 JSE-listed real estate investment trust Hyprop Investments and ticketless parking solutions company admyt have partnered to improve parking services at Hyprop’s largest retail centres. admyt will soon be available at more than 70 locations countrywide, including CapeGate, Woodlands, Canal Walk,... →

Nedbank CIB, SA REIT Association to launch sustainability guide

By: Schalk Burger 2nd September 2024 Financial services firm Nedbank Corporate and Investment Banking (CIB) and industry organisation the South African Real Estate Investment Trust Association (SA REIT) have formed a strategic partnership and will launch the SAREIT Sustainability Guide before the end of the year. The SAREIT... →

Phillips confirms 193Mt ‘stretch target’ for rail amid criticism that recovery plan lacks ambition

By: Terence Creamer 2nd September 2024 Transnet CEO Michelle Phillips has acknowledged criticism over the pace at which it plans to recover rail volumes and has reported that an internal “stretch target” of 193-million tons has been set for 2024/25 against an official target of 170-million tons. Speaking during the State-owned group’s... →

Transnet CEO Michelle Phillips delivering Transnet's 2024 results

NDB approves $1bn loan to SA; Godongwana urges speedy disbursement

By: Irma Venter 2nd September 2024 The board of directors of the New Development Bank (NDB) has approved a loan of up to $1-billion for the development of water and sanitation infrastructure in South Africa under government’s Municipal Infrastructure Grant (MIG). The MIG is a conditional grant allocated to municipalities to reduce... →

R50-billion in tenders out to market, another R1.8bn to follow – Sanral

By: Irma Venter 2nd September 2024 The South African National Roads Agency Limited (Sanral) says it is currently evaluating 96 tenders worth R35-billion, while 86 contracts worth R15-billion have already been awarded since the start of the 2024/25 financial year on April 1. The tenders currently in evaluation are spread across the... →

South Africa is losing its trade competitiveness edge

By: Schalk Burger 2nd September 2024 Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global companies that are investing in infrastructure across the continent. This is happening because of the... →

M&R reaches debt repayment agreement with banking consortium

By: Darren Parker 30th August 2024 JSE-listed Murray & Roberts (M&R) has reached an agreement with a consortium of South African banks to repay R409-million in debt. The debt, which peaked at about R2-billion in April 2023, has been significantly reduced through a deleveraging plan agreed upon by the company and the consortium. A... →

NDB signs R5bn loan agreement with Transnet

By: Irma Venter 30th August 2024 The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly meeting, held in Cape Town. →

Transnet CEO Michelle Phillips (left) and NDB president Dilma Rousseff

Developed-country debt draining international market liquidity – NDB president

By: Irma Venter 30th August 2024 Enacting the just transition in emerging markets and developing countries (EMDCs) requires “a huge amount of resources and long-term financing”, says New Development Bank (NDB) president Dilma Rousseff, who is also the former President of Brazil. Mobilising more investment for sustainable... →

New plant to increase manufacturer’s recycling capacities

30th August 2024 UK-based aluminium extrusion specialist Exlabesa announced that it would expand its aluminium recycling capacities by implementing an additional continuous homogenising plant from special aluminium machinery and equipment designer Hertwich Engineering. Exlabesa is expanding production at its... →

A large forklift loading large aluminium rolls to a plant

HARMONISING HOMOGENISING A new continuous homogenising plant will increase Exlabesa's aluminium recycling capacity

Headway made on fire-combating tech, new facility

30th August 2024 Ultra-high purity alumina (HPA) and related aluminium materials manufacturer Alpha HPA is making significant headway with its breakthrough technology to combat rising lithium-ion (Li-ion) battery fires, with flame-testing confirming the safety benefits of its UltraCoat process. →

Two women in PPE and blue overalls working on a processing machine

TRUST THE PROCESS Two process engineers from Alpha HPA working on its latest UltraCoat process

South Africa’s scrap recycling lags behind global trends

By: Halima Frost 30th August 2024 It is undeniable that aluminium is one of the most recyclable materials in circulation globally, with about 75% of the total 1.5-billion metric tonnes of aluminium generated to date still in use, says industry representative organisation Aluminium Federation South Africa CEO Muzi Manzi. He adds... →

CAN DO ATTITUDE A positive perspective to South Africa's aluminium recycling capabilities needs to be attained to compete globally

Akademia unveils R3.2bn plan for private higher education campus

By: Irma Venter 30th August 2024 Privately owned Afrikaans, Christian higher education institution Akademia has announced the development of a R3.2-billion campus in Pretoria East. The campus will be developed by real estate development group Kanton, which will seek funding from investors and banking institutions, while Akademia... →

IDC optimistic of industrial investment recovery following fall in disbursements to R15.9bn

By: Terence Creamer 29th August 2024 South Africa’s Industrial Development Corporation (IDC) is optimistic of converting the rise in business confidence that has accompanied the recent easing in loadshedding and visible efforts to address freight logistics bottlenecks into higher levels of investment this year, following a decline... →

Interim IDC CEO David Jarvis

CoJ wants unified forum to address illegal mining scourge

By: Darren Parker 29th August 2024 The City of Johannesburg's (CoJ’s) Environment and Infrastructure Services Department (EISD) has called for the establishment of a unified forum to address illegal mining, emphasising the need for a CoJ illegal mining policy or bylaws. EISD representative Cleopatra Mputle highlighted on August 29... →

Expansion of Infrastructure SA central to DPWI’s strategy; Telkom Towers deal to be probed

By: Irma Venter 29th August 2024 The expansion and capacitation of Infrastructure South Africa (ISA) is central to the Department of Public Works and Infrastructure’s (DPWI’s) strategy for increased infrastructure investment, says Public Works and Infrastructure Minister Dean Macpherson. Infrastructure SA was established in 2020... →

Dean Macpherson

M&R to report narrowed full-year losses

By: Creamer Media Reporter 28th August 2024 Engineering and contracting group Murray & Roberts (M&R) expects to report narrowed losses for the financial year ended June 30. It expects to report a headline loss a share of between 19c and 29c and a loss a share of between 16c and 26c, compared with the headline loss a share and loss a share... →

Metso and Betterect showcase 50-m-diameter thickener

28th August 2024 Mining equipment manufacturer Metso and steel fabricator Betterect showcased the 50-m-diameter high-rate thickener they made for a mining client at Betterect's premises. →

Metso and Betterect showcase 50-m-diameter thickener

A quarter of Redefine’s property portfolio to be powered by renewables by end-2025

By: Darren Parker 27th August 2024 JSE-listed real estate investment trust (Reit) Redefine Property has revealed that its total renewable-energy component, which includes wheeling and further expansion of its rooftop solar PV portfolio, is expected to reach 25.14% by the end of next year. Speaking at the Redefine Property capital... →

Redefine Properties optimistic about future of office space rental market

By: Darren Parker 27th August 2024 JSE-listed real estate investment trust (Reit) Redefine Properties has indicated optimism in the recovery of the office space rental sector, which suffered a severe drop-off in demand at the outbreak of the Covid-19 pandemic. The office space rental sector accounts for about 35% of Redefine’s... →

JRA appointing a new contractor for Lilian Ngoyi street rehabilitation

By: Schalk Burger 27th August 2024 The Johannesburg Roads Agency (JRA) is appointing a new contractor to undertake the rehabilitation of Lilian Ngoyi street, after having terminated the contract of the previous contractor Step Up Engineering on August 14. The remaining work of the project’s first phase includes the reconstruction... →

Lilian Ngoyi street was damaged in a July 2023 explosion

Nersa promises ‘utmost transparency’ after confirming receipt of Eskom's MYPD6 submission

By: Terence Creamer 27th August 2024 The National Energy Regulator of South Africa (Nersa) has confirmed that it received, on August 16, Eskom’s sixth multiyear price determination (MYPD6) revenue application for the 2025/26, 2026/27 and 2027/28 financial years. In a statement the regulator said that the application would be... →

Nersa has committed to ensuring that all regulatory processes, including public hearings, are followed for the MYPD6 application

Photo by Creamer Media
Nersa has committed to ensuring that all regulatory processes, including public hearings, are followed for the MYPD6 application

Clause posing threat to municipal electricity revenues may be excluded when ERA enters into force

By: Terence Creamer 26th August 2024 President Cyril Ramaphosa has left the door open to excluding a section in the Electricity Regulation Amendment (ERA) Act that could negatively affect the revenues municipalities raise from electricity sales when the legislation is officially implemented. Ramaphosa signed the ERA on August 20,... →

President Cyril Ramaphosa

Hitachi introduces new-gen excavator, backhoe loader to Southern Africa

By: Marleny Arnoldi 26th August 2024 Japanese multinational Hitachi’s African business, Hitachi Construction Machinery Africa (HCAF), is making available to the Southern African market the Zaxis 7G Series excavator and the BX100 Shinrai-Power backhoe loader. These machines introduce higher efficiencies and increased safety for the... →

Photo by Creamer Media's Marleny Arnoldi
Hitachi's Zaxis 7G excavator

JDA starts renovations and upgrades to Murray Park Library

By: Schalk Burger 26th August 2024 The Johannesburg Development Agency (JDA) has started with upgrades to the Murray Park Library, in Malvern, Johannesburg, which opened in 1957 and has served as a cornerstone of knowledge and community engagement. The JDA, on behalf of the City of Johannesburg's Community Development Department,... →

Phase 1 redevelopment at the Murray Park Library precinct

IFC confirms eagerness to fund private grid projects in South Africa

By: Terence Creamer 26th August 2024 The International Finance Corporation (IFC) has confirmed that its stands ready to support South Africa’s efforts to facilitate private sector participation in the expansion of the country’s electricity grid. IFC Africa VP Sérgio Pimenta told Engineering News during his recent visit to South... →

IFC Africa VP Sérgio Pimenta

Fifth cidb ERWIC Awards recognise catalysts for change in construction industry

By: Sabrina Jardim 23rd August 2024 This year’s Empowerment and Recognition of Women in Construction (ERWIC) Awards, hosted by the Construction Industry Development Board (cidb) on August 22, highlighted the importance of diversity and inclusion in driving innovation and success in the construction industry. The awards, which... →

The winners of the cidb ERWIC Awards

Vukile concludes oversubscribed R796m unsecured bond issue at record low pricing

By: Sabrina Jardim 23rd August 2024 JSE-listed retail real estate investment trust (Reit) Vukile Property Fund has issued R796-million of senior unsecured corporate bonds with three-, five- and six and a half-year maturities. Vukile says strong demand from the market was indicated, with total interest of R2.7-billion, resulting in... →

Timeline for inaugural IEP announced as govt sets year-end target for updated IRP

By: Terence Creamer 23rd August 2024 The South African government aims to Gazette an update to the Integrated Resource Plan (IRP) for electricity before the end of the 2024 calendar year and finalise South Africa’s inaugural Integrated Energy Plan (IEP) by the second quarter of the 2025/26 fiscal year. The timelines were provided... →

Industry bodies condemn Free State govt’s approach to a large housing tender

By: Marleny Arnoldi 23rd August 2024 The South African Council for the Project and Construction Management Professions (SACPCMP) has expressed its support for the South African Council for the Architectural Profession’s (Sacap’s) recent protest to government’s approach to a turnkey tender in the Free State. Sacap president Charles... →

Macpherson planning decisive action against construction mafias

By: Marleny Arnoldi 23rd August 2024 Public Works and Infrastructure Minister Dean Macpherson and KwaZulu-Natal Public Works and Infrastructure MEC Martin Meyer have agreed on the need for an urgent meeting with the respective MECs in every province, as well as Ministers in the Law Enforcement Cluster, to develop a response to... →

Public Works and Infrastructure Minister Dean Macpherson

Company catalyses gender transformation

By: Lumkile Nkomfe 23rd August 2024 Amid the efforts to attract, progress and retain women across key sectors of the economy, rail sleeper and infrastructure products manufacturer Colossal Concrete Products CEO Gwen Mahuma-Madida highlights the imperative of providing greater opportunities for female participation in the rail and... →

GWEN MAHUMA-MADIDA Women should be aware and receptive to ensure they can identify suitable opportunities for meaningful participation

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