Building & Construction News

Groundbreaking decision for mining companies

  • 17-10-2017
  • Moneyweb

Firms entitled to deduct the cost of transport, insurance and handling to determine ‘gross sales’ even if the costs were not invoiced separately. Court ruling confirms Sars’ interpretation of a section in the Mineral and Petroleum Resources Royalt...

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PIC bulks up interest in cement-maker PPC

  • 17-10-2017
  • Bizcommunity.com

Cement producer PPC said on Monday, 16 October, the Public Investment Corporation (PIC) had increased its shareholding in the company, which is currently mulling bids from several parties that are vying for its shares. AfriSam, supported by Canada...

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Does South Africa's renewable energy plan signify progress or regression?

  • 17-10-2017
  • Bizcommunity.com

The energy industry breathed a huge sigh of relief recently when energy minister Mmamoloko Kubayi announced that power purchase agreements (PPAs) for renewable energy from bid windows 3.5 and 4 will be signed by the end of October 2017. The indust...

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Cape Town’s water outages could cause solar water geysers to ‘explode’

  • 17-10-2017
  • Construction Review Online

Water outages to preselected suburbs by the City of Cape Town could lead to solar water geysers “exploding”, an electrical and electronic engineer has warned. The City announced that Phase One of its Critical Water Shortages Disaster Plan came into e...

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Tears and joy on St. Helena as ‘world’s most useless airport’ finally opens

  • 16-10-2017
  • Moneyweb

Newly-opened airport will receive weekly flights to and from Johannesburg. One of humanity’s most isolated outposts joined the 21st century on Saturday when the British island of St. Helena, home to “the world’s most useless airport”, welcomed its...

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Water Stewardship Summit focuses on closing SA's R30bn annual water infrastructure gap

  • 16-10-2017
  • Bizcommunity.com

Water, infrastructure and financial sector stakeholders met in Johannesburg recently for the third annual Water Stewardship Summit, addressing funding models to improve South Africa's water security. The summit kicked off with calls for the financ...

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N2 upgrade near Grahamstown making progress

  • 16-10-2017
  • Bizcommunity.com

Sanral has announced that its six to seven-year project of upgrading the N2 between Grahamstown and the Fish River Pass is progressing well. The road infrastructure upgrade project is currently in phase two of three and forms part of a long-term s...

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Construction of 150km Swazi rail link project to commence soon

  • 16-10-2017
  • Construction Review Online

Preparations are underway to build Swazi rail link. The project is a major railway line that will connect South Africa and Swaziland. Transnet Rail Freight Chief Executive Officer Ravi Nair says that the 150 kilometre railway line will run from Lo...

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Eskom gets nod to develop new nuclear power station

  • 13-10-2017
  • Fin24

Johannesburg – Eskom has permission to develop a new nuclear plant next to the existing Koeberg power station in the Western Cape. A statement issued by the power utility on Friday revealed that the Department of Environmental Affairs (DEA) author...

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New nuclear build to be situated next to Koeberg

  • 13-10-2017
  • Moneyweb

Environmental authorisation granted for Duynefontein, rather than Thyspunt. Eskom says authorisation for Duynefontein means that Thyspunt if off the table for now. Picture: Bloomberg Eskom says authorisation for Duynefontein means that Thyspunt if...

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