Construction | Infrastructure

https://staging1.creamermedia.com/

Advertise on this page? Click Here to Learn More

Infrastructure News

Raubex to report up to 55% y/y increase in interim HEPS, EPS

By: Creamer Media Reporter 18th September 2024 Specialist infrastructure development group Raubex expects to report a "solid set" of financial results for the six months ended August 31, noting that its construction materials, roads and earthworks and infrastructure divisions delivered "more than satisfactory" performances. As a result,... →

Creecy sets year-end deadline for rail Network Statement amid ‘complicated tariff balancing act’

By: Terence Creamer 17th September 2024 Transport Minister Barbara Creecy says that, despite Transnet’s turnaround progress, the State-owned enterprise is not able to meet the target of increasing South Africa’s yearly rail volumes to 250-million tons alone. The Government of National Unity is, therefore, prioritising efforts to open... →

Transport Minister Barbara Creecy addressing a Steel and Engineering Industries Federation of Southern Africa conference in Ekurhuleni

Eskom completes first phase of host community housing renovations

By: Marleny Arnoldi 16th September 2024 State-owned power utility Eskom has completed the Masibambisane Air Quality Offset (AQO) project at low-income households in the Ezamokuhle community, in Amersfoort, Mpumalanga. The project has managed to reduce indoor air emissions and improve quality of life for households. →

BRICS Business Council working groups offer updates on work in the year-to-date

By: Darren Parker 13th September 2024 The BRICS Business Council has provided an update on its work thus far this year, reflecting on progress made and the challenges posed by the inclusion of Egypt, Ethiopia, Iran and the United Arab Emirates into the BRICS Plus alliance in January. The council’s working groups have been... →

Cape Town proposes new CBD spatial plan; expects up to 50 000 new inner-city residents by 2040

By: Irma Venter 13th September 2024 The City of Cape Town (CoCT) has invited the public to comment on its 2040 local spatial development framework (LSDF) for the central business district (CBD). The LSDF will guide decisions about land use, development, density, transportation and urban design. →

Image of CoCT's study areas for its LSDF

The LSDF study area

R217-billion investment set to transform eThekwini

13th September 2024 The eThekwini municipality aims to propel the city into a new era of prosperity through a R217-billion investment in development projects, which is expected to create 300 000 jobs. On August 14, eThekwini Mayor Councillor Cyril Xaba, along with the municipality’s executive committee, conducted an... →

Expansion of Infrastructure SA central to DPWI’s strategy, Telkom Towers deal to be probed – Macpherson

By: Irma Venter 13th September 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. ISA was established in 2020 to be a... →

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

By: Irma Venter 13th 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. →

NDB approves $1bn loan for SA, inks deal for more billions with Transnet

By: Irma Venter 13th 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... →

New impetus needed if South Africa is to begin meeting R&D investment goals

By: Martin Zhuwakinyu 13th September 2024 In the drive for economic advancement and global competitiveness, innovation stands as a pivotal force, with the Organisation for Economic Cooperation and Development (OECD) highlighting that a modest single percentage point increase in research and development (R&D) spend can potentially elevate... →

Agency refines project implementation processes

By: Nadine Ramdass 13th September 2024 The City of Johannesburg’s (CoJ’s) implementing agency, the Johannesburg Development Agency (JDA), is focused on enhancing its project implementation unit and refining its project delivery model, says JDA acting CEO Themba Mathibe. The updated project delivery model involves a shift from... →

IMPROVED CONNECTIVITY The Johannesburg Development Agency completed 12 bus rapid transit stations to enhance the Rea Vaya bus range

Road reconstruction completed ahead of schedule

By: Nadine Ramdass 13th September 2024 Multidisciplinary professional engineering firm Zimile Consulting Engineers completed reconstruction of the N2 highway, between Durban, in KwaZulu-Natal, and Cape Town, in the Western Cape, a month ahead of schedule, following the closure of the route because it had partially collapsed. The... →

PAVING THE WAY Amid various challenges, Zimile completed the repair of a portion of the N2 within two months

M&R positive about profitable returns from FY25 as rightsizing bears fruit

By: Marleny Arnoldi 12th September 2024 Engineering and contracting services company Murray & Roberts (M&R) has said the voluntary administration of its Australian businesses from December 2022, continued to impact it throughout the financial year ended June 30. The most notable issue for the company remains servicing its corporate... →

Murray & Roberts CEO Henry Laas discusses impacts to the business' financials in the year ended June 30

N2 Cape Town to get R2bn upgrade, R7bn to be spent on N1, Huguenot Tunnel – Sanral

By: Irma Venter 12th September 2024 The South African National Roads Agency Limited (Sanral) has a number of multibillion-rand projects in the pipeline in its Western Region, which includes the Western and Northern Cape. On a project-by-project basis, Western Region regional manager Randall Cable says a 12 km upgrade to the N2 in... →

Afrimat Construction Index bounces back in second quarter

By: Irma Venter 12th September 2024 The Afrimat Construction Index (ACI) has managed to bounce back in the second quarter of this year. The ACI is a composite index of the level of activity within the building and construction sectors and is compiled by economist Dr Roelof Botha on behalf of the JSE-listed midtier mining and... →

JDA appoints new board members

By: Schalk Burger 11th September 2024 The Johannesburg Development Agency (JDA) has appointed a new chairperson Julias Maputla, new non-executive directors and new members of its independent audit committee. The new board members bring a wealth of experience and expertise that will be instrumental in guiding the agency’s strategic... →

M&R's attributable loss narrows to R138m

By: Creamer Media Reporter 11th September 2024 Engineering and contracting services company Murray & Roberts (M&R) has substantially narrowed its attributable loss to R138-million for the financial year ended June 30, from the loss of R3.18-billion reported for the 2023 financial year. Its results for the 2023 financial year were reflective... →

EIB, DBSA increase funding for private renewables projects to R11.9bn

By: Terence Creamer 11th September 2024 The European Investment Bank (EIB) has approved another €100-million (R1.98-billion) loan in support of the Development Bank of Southern Africa’s (DBSA’s) Embedded Generation Investment Programme, which is supporting the development of private solar PV and wind projects in South Africa. The... →

Photo by EIB
European Investment Bank VP Ambroise Fayolle

We all feel a lot better about South Africa, says WBHO boss

By: Irma Venter 11th September 2024 Wilson Bayly Holmes-Ovcon (WBHO) is currently in “a good space”, says CEO Wolfgang Neff. “We all feel a whole lot better about South Africa.” →

Wolfgang Neff

R628m in EU grants to support South Africa’s goal of building green-hydrogen ecosystem

By: Terence Creamer 9th September 2024 The EU has announced R628-million (€32-million) in grant funding to support the development of South Africa’s nascent green-hydrogen industry, as well as to facilitate net-zero-related investments across Transnet’s rail, port and pipeline operations, including to prepare them for the production... →

European Commissioner for Energy Kadri Simson at a briefing in Pretoria

Sanral awards R1.4bn in contracts in the Eastern Cape; another R3.8bn to follow

By: Irma Venter 9th September 2024 The South African National Roads Agency Limited (Sanral) has awarded 12 road infrastructure contracts to the value of R1.4-billion in the Eastern Cape since the start of the 2024/25 financial year, with R3.8-billion more to be awarded by the end of the year. The awarded tenders include the... →

Construction work on the N2 Wild Coast project

Business calls for soul searching on Nedlac’s future amid big socio-economic shifts

By: Terence Creamer 6th September 2024 While reaffirming its commitment to the National Economic Development and Labour Council (Nedlac), organised business has again questioned whether the structure’s current composition and functioning are “fit for purpose”. Delivering the business constituency’s report at this year’s summit, which... →

Business Unity South Africa CEO Cas Coovadia

Macpherson signs two declarations of intent with Chinese groups

By: Irma Venter 6th September 2024 Public Works and Infrastructure Minister Dean Macpherson concluded his visit to China this week by signing two declarations of intent with the China Communications Construction Company (CCCC), as well as ASI Global. Macpherson travelled to China as part of an official State visit by President... →

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. →

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

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... →

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... →

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... →

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

More

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Subscribe