Building & Construction News

PPI slows slightly in January

  • 28-02-2018
  • Fin24

Cape Town - South Africa's producer price inflation (PPI) slowed slightly to 5.1% year-on-year (y/y) in January compared to 5.2% in December, according to data published by Statistics South Africa on Wednesday. On a month-on-month basis, January’...

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WBHO grows as peers fight for survival

  • 28-02-2018
  • Moneyweb

The share price of construction group Wilson Bayly Holmes-Ovcon (WBHO) traded more than 1% higher on Wednesday morning at R172.75, following the announcement of its interim results the day before. WBHO reported 17.3% growth in revenue to R18.1 bil...

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Aveng remains in the red, despite valiant effort from Australian subsidiary

  • 28-02-2018
  • Bizcommunity.com

Aveng's Australian subsidiary McConnell Dowell contributed a profit of R51m in the six months to end-December from a R47m loss in the corresponding period. But this was not enough to bring the embattled construction group, which has not paid a div...

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PPA21731

R1.5-billion skyscraper to change Cape’s skyline

  • 28-02-2018
  • CapeTownetc

Cape Town’s skyline is expected to change in 36 months, with construction on a new R1.5-billion glass skyscraper called “The Modern” starting in March 2018. The new building together with three other developments will reshape the city’s horizon. ...

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Good news for SA motorists: Fuel price to drop in March - AA

  • 27-02-2018
  • Wheels24

Johannesburg - Fuel prices are set to drop in March as South Africans benefit from a stable exchange rate and lower international fuel prices, reports the Automobile Association (AA), which was commenting on unaudited month-end fuel data released by ...

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Modular momentum driving the construction industry in 2018

  • 27-02-2018
  • Bizcommunity.com

Factories in flat-packs and homes built in factories - modular construction will build new momentum in 2018. However the industry is battling with significant skills shortages and must manage increasing globalisation. Skills shortages will force t...

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Durban selected to participate in RICS Cities for our Future Challenge

  • 27-02-2018
  • Bizcommunity.com

Launched earlier this month, RICS (the Royal Institution of Chartered Surveyors) is calling on the youth to come up with new ideas to help tackle the most pressing problems affecting cities in Africa and around the world in its Cities for our Future ...

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Industry experts encourage African countries to diversify energy sources

  • 27-02-2018
  • Construction Review Online

Industry experts attending an energy conference in Johannesburg, South Africa have warned African countries against over-dependence on hydropower which has proved unreliable urging them to diversify energy sources. The experts at the Indaba Energy...

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PPA 18935 - 18936 - Scuderia House

A first look at Amazon’s new offices in Cape Town

  • 26-02-2018
  • Business Tech

Amazon.com, which has had a support presence in South Africa since 2006, is set to move into new offices in Cape Town amid continuing expansion into the country. Although the online retail giant does not have a retail presence in South Africa as y...

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Mobile technology could help South African construction companies

  • 26-02-2018
  • IT News Africa

Mobile technology could help South African construction companies to boost productivity as they seek to optimise efficiencies in the face of a long industry slump, according to Matthew Kibby, VP Enterprise, Africa and Middle East at Sage. South Af...

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