Building & Construction News

Gupta-linked Trillian says it has proof R495m Eskom deal was not phony

  • 21-07-2017
  • Fin24

Cape Town –Trillian said it has proof the work it did with McKinsey for Eskom was above board, after the power utility revealed it was investigating a R495m payment to the Gupta-linked firm. The importance of Eskom’s investigation into this contra...

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SA proposes restriction on renewal of mining rights

  • 21-07-2017
  • Moneyweb

Mosebenzi Zwane move raises the stakes in his dispute with the mining sector. South African Mineral Resources Minister Mosebenzi Zwane proposed a restriction on granting and renewing mining rights that are needed by producers to operate in the cou...

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Averda Group announces major new investment in its South African operations

  • 21-07-2017
  • SA Construction News

Since its arrival into the South African market in April 2015 with the acquisition of a majority stake in Wasteman Holdings, Averda’s operations in the region have strengthened, spurred by a number of major new contract wins.

Including three y...

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Morocco secures US $25 million loan for hybrid solar project

  • 21-07-2017
  • Construction Review Online

The Climate Investment Funds’ Clean Technology Fund (CIF CTF) has approved a US $25 million loan for Morocco for a project to generate solar power through an innovative hybrid Solar Power (CSP) and Photovoltaic (PV) solution.

The African Devel...

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JUST IN: Surprise cut in rates

  • 20-07-2017
  • Fin24

Cape Town - SA Reserve Bank governor Lesetja Kganyago announced on Thursday that the Monetary Policy Committee has decided to cut the interest rates. "The MPC has decided to reduce the repurchase rate by 25 basis points with effect from 21 July 2...

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Eskom CFO promises ‘tell-all report'

  • 20-07-2017
  • Moneyweb

Interim chairperson surprised by R1.6 billion guarantee for Tegeta. Eskom CFO Anoj Singh on Wednesday promised to submit what he called a “tell-all report” about two trips he allegedly undertook to Dubai that were allegedly paid for by the controv...

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African urbanisation must be smart and sustainable for cities to be habitable far into the future

  • 20-07-2017
  • Bizcommunity.com

“The World Bank's latest report on African Cities states that improving conditions for people and businesses in Africa's cities is key to growth. The report further highlights that the continent needs more affordable, connected and liveable cities. T...

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Loeriesfontein Wind Farm operates on mobile transformers

  • 20-07-2017
  • Construction Review Online

In a company statement prior to the energisation of the Helios substation, the permanent grid connection; South Africa’s Loeriesfontein Wind Farm in the Northern Cape Province has been making use of a mobile transformer to enable early connection to ...

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N2 roadworks are 80% complete

  • 19-07-2017
  • SA Construction News

A Department of Transport and Public Works (DTPW) project to rehabilitate 7 km of the N2 between Borcherds Quarry Rd and the R300, and to add a third lane in both directions, is 80% complete. Concrete median barriers being reinstalled on the N2 ...

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Nieuw Bergen

New vertical residences in Eindhoven to be designed by MVRDV

  • 19-07-2017
  • Bizcommunity.com

Rotterdam-based architecture firm MVRDV are known for their outlandish yet functional designs. This time, the firm won a competition to design new mixed-use towers in the heart of Rotterdam. Called Nieuw Bergen, the project will transform old buildin...

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