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Construction News
Saice to work with Cabinet to address South Africa's infrastructure challenges
By: Schalk Burger 5th July 2024 Industry organisation the South African Institution of Civil Engineering (Saice) says it is committed to collaborating with government to address the nation's infrastructure challenges and foster economic growth by so doing. Saice acknowledges the vital role that infrastructure plays in advancing... →
Provider expands international footprint
By: Simone Liedtke 5th July 2024 Water storage solutions provider and manufacturer Damsak Reservoirs has expanded into international markets, the move underscoring the company’s commitment to addressing global water scarcity and infrastructure challenges, particularly in the manufacturing, mining and engineering sectors. Central... →
Onus on sector to optimise steel capacity – SAISI
By: Lumkile Nkomfe 5th July 2024 Amid the mounting challenges of slow economic growth and increased steel imports, steel representative organisation the South African Iron and Steel Institute (SAISI) emphasises the need to address trade barriers and use steel capacities effectively to unleash opportunities on the continent.... →
Steel key to circular economy
5th July 2024 Not-for-profit trade organisation, the Hot Dip Galvanizers Association of South Africa (HDGASA) implores its members to embrace the important role that steel can play in promoting a circular economy. HDGASA executive director Robin Clarke asserts that it is time for the steel sector to move away... →
Strong relationships underpin success
5th July 2024 Structural steel fabrication company Cousins Steel International (CSI) asserts that succession planning and robust synergies are the catalysts that have led to its enduring success. The company, which blends its decades-long legacy with modern steel technology and insights, is proud of its... →
Bottlenecks affecting company’s operations
By: Lumkile Nkomfe 5th July 2024 Local supply chain and logistics bottlenecks have significantly impacted on steel trading and distribution company Tradecore Steel’s manufacturing operations. These bottlenecks can be attributed to delays in raw material deliveries, transport inefficiencies and port congestion, all of which have... →
Consistent pipeline all that is needed to resuscitate SA construction
By: Schalk Burger 5th July 2024 A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and leadership, is all that is necessary to accelerate construction and development in South Africa. Once there is sufficient clarity on projects, the... →
Company awarded tender for 100-t crane
5th July 2024 Steel manufacturing corporation ArcelorMittal South Africa (AMSA) has awarded a tender for a 100-t engineered crane to Southern Africa’s largest crane company Morris Material Handling. Morris Material Handling plays a crucial role in the supply and manufacturing of equipment for industrial... →
Cape Town hits apartment developer with R1m penalty
By: Irma Venter 5th July 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 construction work in Belville. The penalty relates to a developer, named as Steven Kampies, constructing a 22-unit apartment building where... →
Coega secures approval for first-ever public sector limited recourse capital transaction
By: Marleny Arnoldi 4th July 2024 In support of special economic zone (SEZ) operator Coega Development Corporation’s ambitious renewable energy programme, the National Treasury has approved a limited recourse capital transaction – a first for the public sector. The transaction will finance the Coega solar rooftop programme,... →
Brikor plans to delist from the JSE
By: Schalk Burger 4th July 2024 The board of directors of building materials manufacturer and supplier Brikor has advised shareholders that it is considering proposing an arrangement to repurchase the shares held by the remaining shareholders in Brikor, other than those of Nikkel Trading 392 and the Brikor Share Incentive... →
CBE commits to professionalise construction sector alongside new infrastructure Minister, Deputy Minister
By: Schalk Burger 4th July 2024 Regulatory body the Council for the Built Environment (CBE) has welcomed the appointments of Public Works and Infrastructure Minister Dean Macpherson and Deputy Minister Sihle Zikalala, and says it will work with them to professionalise the built environment sector. "We aim for a future in which... →
South Africa must develop solutions to address specific sanitation issues
By: Schalk Burger 3rd July 2024 Various technologies, from ventilated improved pit toilets to decentralised wastewater systems, offer potential solutions to some of the country’s sanitation challenges, but these technologies must be tailored to each community’s unique needs, particularly in informal settlements, the South... →
AMSA to continue operating longs business, but instability at flats unit hits earnings
By: Terence Creamer 2nd July 2024 Despite a negative trading update, steel producer ArcelorMittal South Africa (AMSA) has announced that it will continue to operate its longs business, the closure of which was deferred earlier this year while various initiatives aimed at saving the unit were pursued with government, labour and... →
New trade and industry leadership expected to use industrial policy levers to support key sectors
By: Terence Creamer 2nd July 2024 With industrial policy back in fashion in many economies, business and policy specialists expect new Trade, Industry and Competition Minister Parks Tau to prioritise measures to support key sectors, including those aligned to the emerging green economy. The former Department of Cooperative... →
Cesa welcomes Macpherson's appointment as Public Works Minister
By: Schalk Burger 1st July 2024 Industry organisation Consulting Engineers South Africa (Cesa) says it looks forward to working with new Public Works and Infrastructure Minister Dean Macpherson. “We trust [he] will be more responsive than his predecessor, particularly in partnering with Cesa to pursue the critical... →
Separation of energy portfolio and Ramokgopa’s appointment praised amid rising energy-transition complexity
By: Terence Creamer 1st July 2024 The decision to establish a separate energy portfolio with the African National Congress’s Dr Kgosientsho Ramokgopa as Minister and the Democratic Alliance’s Samantha Graham as Deputy Minister has been welcomed by stakeholders and commentators alike. There are already warnings, however, that the... →
SolarSaver showcases innovations of its latest solar installation in Melrose Arch precinct
By: Marleny Arnoldi 28th June 2024 Energy company SolarSaver has successfully completed a solar installation at the Marriott Hotel Melrose Arch and the African Pride Hotel, both of which are based in the Melrose Arch precinct in Gauteng. Owing to the limited available roof space for solar panel installation, SolarSaver... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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. →
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... →
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