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Construction News

Index continues to show value of green buildings in South Africa

By: Schalk Burger 27th June 2024 Investment services and advisory company MSCI’s South Africa Green Annual Property Index for 2023 shows that green-certified prime and A-grade offices produced a total return of 5.8%, which was 150 basis points above that of non-certified office assets of a similar quality during the year. The... →

Civil construction activity growth well supported, but sentiment remains low – survey

By: Creamer Media Reporter 26th June 2024 The First National Bank (FNB)/Bureau for Economic Research Civil Confidence Index decreased to 44 points in the second quarter, from an eight-year high of 47 in the first quarter. While slightly lower, activity growth remained well supported, while the pipeline of work improved noticeably, FNB... →

‘Second wave’ of Operation Vulindlela set to prioritise ‘green and digital’ growth

By: Terence Creamer 25th June 2024 The ‘second wave’ of government’s Operation Vulindlela initiative is poised to be widened to include additional structural reforms to those that have been pursued to date in electricity, freight logistics, telecoms, water and skills with the goal of stimulating higher levels of economic growth... →

South Africa could leverage its potent solar and wind resources to power green manufacturing

Cape Town gets another R3.5bn for its record infrastructure spending target to 2027

By: Darren Parker 25th June 2024 The City of Cape Town has secured a further R3.5-billion in financing towards its plans to spend a record amount on infrastructure investment over the three years to 2027. Mayor Geordin Hill-Lewis conducted the signing ceremony with Nedbank on June 24, after the council greenlighted the financing... →

Mayor Geordin Hill-Lewis among local government and Nedbank officials during the signing ceremony

Radisson to open its first hotels in Tanzania as part of African expansion

By: Schalk Burger 25th June 2024 Radisson Hotel Group will add seven new hotels, with more than 1 200 rooms, to its African portfolio and will open two hotels in Dar es Salaam and in Mwanza, in Tanzania, in 2025. The new hotels have expanded the group’s footprint in Africa to nearly 100 hotels in operation and development in 30... →

Eskom issues tender for 26 large transformers to panel of five selected suppliers

By: Terence Creamer 24th June 2024 Eskom reports that it has appointed five transformer companies to a panel of suppliers that will compete for upcoming contracts for a total of 101 large-scale transformers that will be installed over the coming four years as part of its Transmission Development Plan (TDP). The suppliers were not... →

Photo by Creamer Media
Transmission MD Segomoco Scheppers

Hyprop expects higher full-year tenant revenue in South Africa, Eastern Europe

By: Marleny Arnoldi 24th June 2024 Shopping centre-focused real estate investment trust Hyprop Investments continues to make progress on key priorities having been set for the 2024 financial year ending June 30, including operational improvements. The company advises in a pre-close operational update issued on June 24 that in... →

PPC reports a 20.6% boost in revenue thanks to Zimbabwe business

By: Darren Parker 24th June 2024 Cement company PPC has reported a 20.6% year-on-year increase in revenue to about R10-billion for the financial year ended March 31, compared with the R8.3-billion in revenue reported for the prior financial year. At the release of its financial results, on June 24, the company said this growth... →

PPC CEO Matias Cardarelli

Institutes promote sustainable development

By: Trent Roebeck 21st June 2024 Members of welding professional body the Southern African Institute of Welding (SAIW) stress the importance of high-quality welder education and training strategies to help catalyse the “reindustrialisation” of developing countries – including many of the countries on the African continent – and... →

JOHN TARBOTON The SAIW executive director emphasises that the SAIW and IIW play an important role in sustainable development in Southern Africa and Africa

Fatalities draw attention to health and safety standards

By: Halima Frost 21st June 2024 Recent tragic events, resulting in the loss of over 40 construction workers' lives across three sites last month, have brought heightened attention to both the wellbeing of construction personnel and the effectiveness of regulatory oversight. The fatal construction-related incidents were recorded... →

A man’s arm holding a hard hat wearing other PPE in the foreground of a construction site

SAFETY FIRST The first thing to be considered even before a project is developed must be the safety and standards held at the construction site

Eastern Cape road projects planned

21st June 2024 The South African National Roads Agency Limited (Sanral) announced in March that it expected to inject close to R2-billion into the Dr AB Xuma local municipality, in the Eastern Cape, when it implements its road maintenance projects over the next three years. The roads agency said it will... →

A road in Africa taken from a lower angle with a yellow line painted through it and a Cats Eye reflector in the tar

FORWARD MOMENTUM Sanral is investing heavily in projects that will completely change the roads in the Eastern Cape

Mixed-use project completed

21st June 2024 Privately owned construction company GVK-Siya Zama has worked “around the clock” to complete the redevelopment of Cape Town Station, in the Western Cape, into a mixed-use residential and retail space. This despite experiencing one of Cape Town’s wettest winters in ten years last year, which... →

A photo of the new Cape Town Station which has been re-imagined to house over 3 000 students and has sports grounds, a shopping centre and cinemas

CENTRE OF ATTENTION The former Cape Town Train Station has been developed into a central hub for students and shoppers

Already green V&A Waterfront eyes starting up desalination plant, building second seawater cooling plant

By: Irma Venter 21st June 2024 Since embarking on its sustainability journey in 2008, the V&A Waterfront (V&A) in Cape Town has reduced its energy use by 40%, with 2 MW of photovoltaic (PV) solar panels generating 1 640 000 kWh of clean energy a year. The precinct has also diverted 62% of its waste from landfills. This... →

Streamlined PPP framework could unlock infrastructure investment

By: Darren Parker 21st June 2024 In February, the National Treasury asked for public comments to be submitted in respect of the newly drafted amendments to the National Treasury Regulations (NTR) 16, and key elements of municipal public-private partnerships (PPPs) legislation, to bring it in line with recommendations based on a... →

Assembly has started of the world’s biggest land-based crane

By: Rebecca Campbell 20th June 2024 Netherlands-based global major engineered heavy lift and transport company Mammoet has announced that it has started assembly of its latest, and the world’s biggest and strongest land-based, crane, the SK6000. This is a ring crane design, and its assembly is scheduled for completion in the fourth... →

Photo by Mammoet
Impression of the completed SK6000

Grindrod selected as preferred bidder for Port of Richards Bay container facility

By: Terence Creamer 20th June 2024 South Africa’s Transnet National Ports Authority (TNPA) has appointed Grindrod South Africa as the preferred bidder to develop and operate a container handling facility at the Port of Richards Bay, in KwaZulu-Natal. The appointment is in line with TNPA’s strategy to increase the yearly container... →

Port of Richards Bay

Fortress reports positive operational performance amid logistics demand, disposals and capital recycling

By: Sabrina Jardim 20th June 2024 Real estate company Fortress Real Estate Investments says healthy logistics demand, disposals of noncore assets and effective capital recycling continue to drive its positive operational performance. In a pre-close operational update for the period from January 1 to May 31, Fortress notes that... →

Transnet appoints Letsoalo as new group COO

By: Creamer Media Reporter 20th June 2024 State-owned freight logistics group Transnet has announced the appointment of Lekau ‘Solly’ Letsoalo as group COO, with effect from July 1. Letsoalo returns to the group where he worked previously as COO of Transnet Port Terminals. →

Lekau ‘Solly’ Letsoalo

Latest Cesa survey highlights urgency of joint public, private effort on infrastructure

By: Tasneem Bulbulia 18th June 2024 Consulting Engineers South Africa (Cesa) on Tuesday released its Bi-Annual Economic and Capacity Survey (BECS) findings, revealing a stark 22% decline from July to December of 23, marking the lowest level since 2019, at 32. The ongoing downturn persisted into early 2024, dropping further to 30... →

Chris Campbell

Stor-Age reports strong financial performance

By: Darren Parker 18th June 2024 JSE-listed self-storage real estate investment trust Stor-Age has reported robust financial results for the 2024 financial year ended March 31, showcasing significant growth in rental rates and occupancy. The company reported a 9.5% boost in rental rates and a 2.9% increase in occupancy rates,... →

TNPA moves to integrate desalination, renewables at Port Elizabeth and Ngqura ports

By: Terence Creamer 18th June 2024 South Africa’s Transnet National Ports Authority (TNPA) has issued requests for proposal (RFPs) for the construction of two solar-powered seawater desalination plants and a hybrid renewables-battery facility to service its Nelson Mandela Bay ports, in the Eastern Cape. TNPA is seeking bidders... →

TNPA's head office at the Port of Ngqura

S&P does not foresee any significant policy shift under GNU

By: Creamer Media Reporter 18th June 2024 S&P Global Ratings does not expect any significant policy shift as a result of South Africa's government of national unity (GNU) formed following the May 29 elections when the African National Council (ANC) failed to secure an overall majority for the first time since 1994. The ANC’s GNU proposal... →

Paul Mashatile and Cyril Ramaphosa at the first sitting of the seventh democratic Parliament on June 14, where Ramaphosa was re-elected President by the National Assembly

V&A Waterfront signs deal to raise green-electricity contribution to 70% by 2026

By: Terence Creamer 18th June 2024 Cape Town’s V&A Waterfront has signed a ten-year power purchase agreement (PPA) with Etana Energy for 43 GWh of renewable energy yearly, which will result in wind and solar supplying 70% of the iconic mixed-use property’s electricity by early 2026. The PPA follows a similar deal between Etana... →

V&A executive manager: operations André Theys

Engineer calls for urgent investment in youth

14th June 2024 Youth unemployment is a pressing issue in South Africa, with Statistics South Africa reporting that, in the first quarter of 2024, of the 10.3-million young people aged 15 to 24, a staggering 35.5% were not in education, employment, or training. This highlights the urgency for companies to invest... →

An image of Erudite electrical engineer Dr Mpho Sam Nkambule.

MPHO SAM NKAMBULE Yyouth unemployment in South Africa is a complex issue with several contributing factors. One significant barrier is the financial cost of job-seeking

‘Highly technical’ phases start at Msikaba

14th June 2024 The Msikaba Bridge project, in South Africa’s Eastern Cape, is progressing significantly, says construction company Concor project director Laurence Savage, who notes the structure is now entering technically challenging phases. The Msikaba Bridge forms part of the South African National Roads... →

INTEGRAL CONNECTION The Msikaba Bridge forms part of the South African National Roads Agency Limited’s N2 Wild Coast project.

Innovation, investment key to advance infrastructure growth

By: Simone Liedtke 14th June 2024 While challenges such as funding constraints and skills shortages persist, the roads and bridges sector is poised for growth through strategic investments and technological advancements. By addressing challenges and leveraging innovation, South Africa can achieve significant improvements in its... →

ACHIEVING IMPROVEMENTS By addressing challenges and leveraging innovation, South Africa can achieve significant improvements in its infrastructure

Strategic training vital

By: Simone Liedtke 14th June 2024 As South Africa continues to invest in its infrastructure, the role of institutions such as civil engineering industry body the South African Institution of Civil Engineering (SAICE) in providing high-quality training will remain pivotal. The future of South Africa’s infrastructure depends on the... →

SUSTAINED EFFORTS The future of South Africa’s infrastructure depends on the sustained efforts to foster a skilled, innovative and adaptable engineering workforce

Barloworld profit dips as local mining industry slows

By: Irma Venter 14th June 2024 Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March 31, Sewela said at the end of May that Barloworld’s domestic operations had had to contend with a... →

Construction of Msikaba bridge progresses to highly technical phases

By: Irma Venter 14th June 2024 Construction at the Msikaba Bridge on the N2 in the Eastern Cape is set to move up a gear this year, with a number of challenging technical activities to be tackled. According to contractor Concor, these include post-tensioning the anchor blocks, installing pylon inserts and building the ladder... →

Companies to improve railway operationality

By: Trent Roebeck 14th June 2024 Construction Group Enza Construction and electrical engineering and infrastructure development company Tractionel Enterprise are assisting in the process of reviving South Africa’s rail and freight sector operations, thereby contributing to the country’s rail infrastructure development and... →

BELLE OMBRE Tractionel Enterprise and Enza Contruction will repair and replace rail infrastructure at the Belle Ombre rail lines as part of its revival of the Belle Ombre-Hercules-Koedoespoort corridor

Big shortfall in climate adaptation funding undermines Africa’s ability to respond

By: Nadine James 14th June 2024 The effects of climate change are becoming increasingly evident and yet a key component of the fight to preserve lives and livelihoods, namely adaptation funding, has stagnated, according to attendees of last month’s Africa Climate Roundtable. The event – hosted by African Risk Capacity (ARC),... →

Cape Town releases more land for affordable housing under new housing strategy

By: Irma Venter 13th June 2024 With national government slashing Cape Town’s housing grants by R107-million this financial year, the city has been forced to change its housing strategy, says Mayor Geordin Hill-Lewis. Cape Town is now positioning itself as an enabler for much more private sector-led affordable housing delivery,... →

The city of Cape Town

Tribunal confirms settlement agreement in plant and equipment hire cartel case

By: Schalk Burger 12th June 2024 The Competition Tribunal has confirmed, as an order, a R480 000 administrative penalty imposed on plant and equipment hire company Hard Hat Equipment Hire as part of a settlement in a case in which it was accused of alleged price fixing and/or fixing trading conditions in contravention of the... →

Transnet claims World Bank container port index contains ‘factual errors’

By: Terence Creamer 12th June 2024 South Africa’s Transnet claims the World Bank’s 2023 Container Port Performance Index (CPPI) – in which South Africa’s ports rank dismally overall and the Port of Cape Town came in at the bottom of the 405 ports listed – contains “factual errors” that it had no opportunity to contest or correct.... →

PPC to report higher full-year earnings as Zimbabwe operations improve

By: Darren Parker 12th June 2024 JSE-listed cement company PPC has informed shareholders that it expects to report increases in its earnings per share (EPS) and headline earnings per share (HEPS) of at least 20% year-on-year for the financial year ended March 31. The company on June 12 attributed the expected increases in EPS... →

L2D reports sustainable operational performance on retail assets

By: Sabrina Jardim 11th June 2024 Despite the current economic climate presenting slowing growth, characterised by high inflationary pressure, increasing costs of property rates, the lack of delivery of basic utilities such as electricity and water, as well as consumer pressure, real estate investment trust Liberty Two Degrees... →

Liberty Two Degrees COO Jonathan Sinden

City of Cape Town hits apartment building developer with R1m fine

By: Irma Venter 11th June 2024 Cape Town Mayor Geordin Hill-Lewis has upheld a decision by the city’s Municipal Planning Tribunal to impose a record R1-million penalty for unauthorised building work. The penalty relates to a developer, named as Steven Kampies, constructing a 22-unit apartment building where only a single... →

Geordin Hill-Lewis

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