Building & Construction News

Fuel prices could jump to record highs in June - AA

  • 31-05-2018
  • Fin24

The Automobile Association (AA) said on Thursday that it expects fuel prices will jump to record highs in June. Petrol is expected to rise by up to 85 cents a litre, diesel by 87 cents and illuminating paraffin by 82 cents. This is because of s...

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Report: SA doesn't need R19bn coal IPP projects

  • 31-05-2018
  • Bizcommunity.com

Government's plans for two new independent power producer (IPP) coal plants - Thabametsi and Khanyisa - would cost South Africa an additional R19.68bn compared to a least-cost energy system. A report by the University of Cape Town’s Energy Researc...

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Billion-rand opportunities available in SA's green economy - GreenCape

  • 31-05-2018
  • Bizcommunity.com

GreenCape released its free annual market intelligence reports this week which highlight the billions of rands worth of opportunities available for green economy investors in South Africa. Billion-rand opportunities available in SA's green economy -...

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India to construct largest battery energy storage in Africa

  • 31-05-2018
  • Construction Review Online

India’s Engineering ,procurement and construction ,EPC firm Sterling and Wilson in India,is set to construct both the largest battery storage project and single battery installation in the whole continent in bid to boost education sector in Africa. ...

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Schneider Electric in R731m lawsuit over scuppered factory

  • 30-05-2018
  • Moneyweb

Global energy firm accused of breaching an agreement to build a battery manufacturing factory in the Eastern Cape. Schneider Electric South Africa is facing a nearly R1 billion lawsuit instituted by a local businessman after the global energy firm...

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Developers unlock ‘SA’s own Florida’ for retirement

  • 30-05-2018
  • Moneyweb

Tongaat Hulett Developments in KZN’s North Coast. The KwaZulu-Natal North Coast and Midlands is South Africa’s own retirement heaven that even exceeds the popular Florida coast in the US with regard to natural beauty and climate. The market has...

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10 years ago, this company was the largest construction firm in SA. Then it lost 99.5% of its value. Here’s what happened

  • 30-05-2018
  • Business Insider

Aveng's share price has imploded from R65c to 33c over the past ten years. The company was hit by the slowdown in SA construction and the commodity cycle – but it also suffered self-inflicted wounds. A takeover offer from Murray & Roberts is not ex...

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GroundUp: Prospect of mining on Olifants River estuary alarms fishermen

  • 30-05-2018
  • Daily Maverick

Government grants prospecting rights to controversial Australian company. Traditional fishermen in the Olifants River estuary are alarmed at a decision by the government to grant prospecting rights to controversial Australian mining company Miner...

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V&A Waterfront welcomes Parklet urban intervention

  • 29-05-2018
  • Fin24

Cape Town - Blok in partnership with Future Cape Town, GAPP Architects and Cameron Barnes Furniture officially relaunched their Parklet public intervention at the V&A Waterfront recently. A parklet is defined as a public space intervention that c...

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Murray & Roberts rebuffs ATON takeover bid again

  • 29-05-2018
  • Moneyweb

Murray & Roberts says ATON’s latest offer of R17 a share is below the board’s value range. Murray & Roberts rejects ATON bid. Picture: Moneyweb Murray & Roberts rejects ATON bid. Picture: Moneyweb The independent board of South African constructi...

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