Building & Construction News

Budget 2018: Filling an R85bn gap

  • 12-12-2017
  • Moneyweb

The tax increases in 2018 are going to need to be broad, as well as substantial. In the Medium-Term Budget Speech on October 25, finance minister Malusi Gigaba estimated the tax revenue deficit to be R50.8 billion in 2017/18, the highest deficit...

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Egypt revives dazzling plan of new desert capital

  • 12-12-2017
  • Daily Dispatch

IN EGYPT’S eastern desert, roads are being carved across vast expanses of sand where the government is building a new administrative capital, a long-cherished project that has failed in the past. The city will be complete with luxury hotels, upsca...

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Review ‘led to Kutana’s cold feet’

  • 12-12-2017
  • Business Day

Kutana Construction, now known as Singabakhi Holdings, denied on Sunday it had failed to fulfil certain conditions to buy a 51% interest in Grinaker-LTA, the African infrastructure subsidiary of JSE-listed construction and engineering group Aveng....

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PPA 13149

All systems go for wind farms

  • 12-12-2017
  • Diamond Fields Advertiser

SOUTH Africa’s greatest single expanse of wind farms, Loeriesfontein Wind Farm and Khobab Wind Farm, situated in the Northern Cape, has commenced their 20 year commercial operations which will power 240 000 homes. This milestone was achieved “on s...

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Mahlobo could release scaled-down nuclear plan next week

  • 11-12-2017
  • Fin24

Johannesburg - Energy Minister David Mahlobo is still adamant that nuclear should be part of South Africa’s energy mix, but concedes surplus power and the country’s fiscal constraints have forced government to reconsider the scale. Mahlobo gave a ...

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Irrational IRP madness grips SA's energy sector

  • 11-12-2017
  • Fin24

At a media briefing on December 7 2017 during the so-called Energy Indaba, Energy Minister David Mahlobo announced that the long-awaited Integrated Resource Plan for electricity, IRP 2017, had been finalised and approved by the Cabinet the night befo...

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Shipping containers and commercial property - a sign of the times

  • 11-12-2017
  • Bizcommunity.com

The development of shipping containers in the 1950s transformed the face of the transport industry, but no-one realised at that time that it would take the building scene by storm some years later. In 1998 the concept emerged in South Africa when Sim...

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It's time to recognise how harmful high-rise living can be for residents

  • 11-12-2017
  • Bizcommunity.com

The fire at Grenfell Tower has catapulted high-rise social housing into the public consciousness, in a way not seen since the 1960s. Back then, high-rise tower blocks represented a new vision of social progress. They were greeted with hope and optimi...

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Jilted PPC slides in morning trade

  • 08-12-2017
  • Bizcommunity.com

PPC's share price fell 3.5% to R6.65 on Thursday morning, 7 December, after it informed shareholders it had been jilted on Monday by one of its three suitors, Dublin-based CRH. The cement maker said CRH, after conducting an initial due diligence, ...

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Engineering research in Africa is growing but it's still a patchy picture

  • 08-12-2017
  • Bizcommunity.com

Engineering is an important branch of science and technology. It has a significant impact on the overall development of any nation, region or continent. It is, as Professor Calestous Juma has written, an engine to power growth – especially in Africa....

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