Building & Construction News

Diversification yields dividends for Afrimat

  • 24-05-2019
  • Business Live

Bulk commodities business shields the open-pit mining group from poor performance by the construction segment Open-pit mining group Afrimat’s diversification strategy paid off in the year ended-February as its bulk commodities business countered...

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Limpopo’s forgotten schools and the Lottery’s expensive toilets

  • 24-05-2019
  • The Citizen

A R10 million grant is believed to have gone to a Gauteng company with no experience. The National Lotteries Commission (NLC) seems to have paid up to twice as much as necessary to replace pit toilets at schools in Limpopo – with the money going ...

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Five things making headlines in South Africa today

  • 23-05-2019
  • Moneyweb

Sarb interest rate decision due, Afrimat, Mediclinic and Tsogo Sun results, PIC inquiry hears more on Matjila’s graft. Here’s what caught our attention on Thursday: 1. MPC interest rate decision The South African Reserve Bank’s Monetary Poli...

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City of Joburg critical of Eskom in budget speech

  • 23-05-2019
  • Daily Maverick

The City of Johannesburg’s multi-party government on Wednesday tabled its budget of R64.5 billion for the 2019/20 financial year with a key focus on electricity, housing and public safety. Member of Mayoral Committee (MMC) for Finance in the City...

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Transnet, CMI Emtateni terminate controversial R4.2bn port expansion contract

  • 22-05-2019
  • IOL Business Report

JOHANNESBURG – State-owned freight and rail company, Transnet said on Tuesday that its contractor, CMI Emtateni Joint Venture, had terminated its R4.2 billion contract for a megaproject to create deeper berths at the Durban Container Terminal (DCT). ...

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More retrenchments on the table for SA workers

  • 22-05-2019
  • IOL Business Report

CAPE TOWN – Labour expert, Advocate Tertius Wessels from Strata-g Labour Solutions has warned that more retrenchments are on the table for South Africa’s workforce. This comes amid news that South Africa's unemployment rate increased to 27.6 perc...

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PPA23273 & PPA23413

The Rubik launched in Cape Town, CBD

  • 21-05-2019
  • Cape Business News

ABLAND, property developers for over 30 years, is developing a distinctive mixed use development in Cape Town’s CBD in partnership with Nedbank. The Rubik, which launched last month, combines retail, commercial and residential components and will ...

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€62m Club Med for KZN

  • 21-05-2019
  • Daily Southern & East African Tourism Update

Landowner, Tongaat Hulett Developments, has signed a Memorandum of Agreement with Club Med for the development of the first international-branded beach resort in Southern Africa. The R1bn (€62.4m) resort will be at Tinley Town, 10km from King Shak...

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How Japan's renewables-powered Olympics could kick off a global race for clean energy

  • 20-05-2019
  • Bizcommunity.com

Japan is aiming to host the first Olympic Games powered solely by renewable sources. If successful, this could help the country carve a new niche in the global order as a champion of climate action and environmental protection - and set off a clean e...

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Gift of the Givers pulls out of Makhanda

  • 17-05-2019
  • Bizcommunity.com

Disaster relief organisation Gift of the Givers unexpectedly announced on Wednesday, 15 May, its immediate withdrawal from Makana Municipality, where Makhanda (formerly Grahamstown) is located. The organisation has been providing much-needed droug...

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