Building & Construction News

Group Five swings to an annual loss on settlement charge

  • 22-08-2017
  • Moneyweb

Headline loss per share for the full-year ended June was 853 cents per share. South African construction firm Group Five swung to a full-year loss, it said on Tuesday, blaming a R159.1 million ($12.10 million) settlement with the country’s governm...

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Wetlands inspires Springs Mall ecologically sensitive design

  • 22-08-2017
  • Bizcommunity.com

Developed by Flanagan & Gerard and designed by MDS Architecture, the 50,000m2 Springs Mall in Gauteng opened its doors earlier this year. The shopping centre is located alongside ecologically sensitive wetlands. Pierre Lahaye, a partner at MDS Arc...

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Infrastructure critical for Africa's growth

  • 22-08-2017
  • IOL

JOHANNESBURG- The Minister of Trade and Industry, Dr. Rob Davies says the development of infrastructure is an essential and absolutely fundamental catalyst for regional integration for increased inter-regional trade and for industrialisation in Afric...

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US$ 10m shopping mall to be constructed in Zimbabwe

  • 22-08-2017
  • Construction Review Online

A US$ 10m shopping mall will be constructed in Victoria Falls, Zimbabwe before the end of this year. This is according to Zimre Property Investment (ZPI) chief executive officer Mr. Edson Muvingi; the company selected to develop the mega project. He ...

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Heavy rain brings some hope for dam levels

  • 21-08-2017
  • Bizcommunity.com

Nelson Mandela Bay supply dam levels could see a slight increase as heavy rain brought relief to some of the worst-affected catchment areas in the drought-stricken Eastern Cape and Garden Route. More than 40mm of rain was recorded in the Kareedouw...

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Balwin, Transcend announce strategic alliance on five apartment developments in Gauteng

  • 21-08-2017
  • Bizcommunity.com

Balwin Properties and Transcend Residential Property Fund recently revealed a strategic alliance that will see 8,900 rental apartments developed across five projects in various Gauteng nodes over the next six years. Balwin will be responsible for ...

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INFRASTRUCTURE: Financing Infrastructure Development in Africa Becomes Easier with PPPs

  • 21-08-2017
  • Gauteng Business News

DESPITE the perception that Africa is poor, the continent is rich with opportunity and there is enough private sector money to partner with governments and state institutions on the continent to speed up the roll-out of infrastructure and build progr...

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Cape Town reveals proposed sites for new water desalination plants

  • 21-08-2017
  • Construction Review Online

Cape Town’s Granger Bay, Hout Bay and Dido Bay will have three proposed new desalination plants. The City intends to commission these to make extra drinking water for its residents and visitors. This is according to tender documents issued last week....

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Tap shuts on Cape water wastrels

  • 18-08-2017
  • Bizcommunity.com

Two of Cape Town's worst water wasters became the first to have their supply restricted on Wednesday, 16 August. Water management devices were installed at houses in Constantia and Claremont where water use has ranged between 60,000l and 120,000l ...

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Developer fined R1.6m for non-compliance

  • 18-08-2017
  • Bizcommunity.com

The National Home Builders Registration Council's (NHBRC) Disciplinary Committee has imposed a fine of R1.6m on a developer after failing to enrol residential units which were under construction at Elarduspark in Gauteng. According to NHBRC, PJJ V...

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