Building & Construction News

Restructuring Eskom top of South Africa agenda, says finance minister

  • 22-06-2018
  • Moneyweb

Nene says the discussions on wages are still continuing but restructuring Eskom is key. Restructuring state-run power firm Eskom is “on top of the agenda” for South Africa, the country’s finance minister Nhlanhla Nene said on Friday, though he sai...

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Why smart transportation is a game changer for Africa

  • 22-06-2018
  • Bizcommunity.com

Smart cities may seem like a futuristic concept, but their benefits are rapidly becoming evident around the world. Africa is no exception, with many of the approaches and technologies which combine to form a smart city being applied from Cape Town th...

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House of cards collapses on rogue builders

  • 21-06-2018
  • Bizcommunity.com

A total of 122 criminal cases have been opened against home builders who have contravened the Housing Consumers Protection Measures Act 95 of 1998 (HCPMA). The offences include carrying on the business of building homes without having registered a...

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Murray & Roberts takes issue with Aton over ‘conflict of interest’ allegation

  • 21-06-2018
  • IOL

JOHANNESBURG - Listed engineering and construction group Murray & Roberts (M&R) has refuted claims by German family-owned investment holding firm Aton that Aveng bondholders had helped vote through a resolution allowing it to pursue the potential acq...

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Construction of US $13.9bn Inga3 hydropower to commence this year

  • 21-06-2018
  • Construction Review Online

The Democratic Republic of Congo plans to start construction work this year on the frequently delayed Inga 3 hydro power project at a predicted cost of US $13.9bn, after receiving a joint bid from two previously competing consortia of investors. This...

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Fuzzy disclosure by mines obscures the truth about rehabilitation

  • 20-06-2018
  • Moneyweb

New research shows inconsistencies in disclosure and unreliability. It’s an old trick of the mining game: when it comes to paying for rehabilitation of mined land, duck the liability by selling the mine or declaring insolvency. Or put it under ind...

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Murray & Roberts scores mini victory over Aton in bid for Aveng

  • 20-06-2018
  • IOL

JOHANNESBURG - Listed engineering and construction group Murray & Roberts (M&R) has scored a mini victory in its bid to potentially acquire Aveng by securing shareholding approval to further investigate this transaction. At a general meeting of M&R ...

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South Africa registers biggest share of planned hotel development

  • 20-06-2018
  • Construction Review Online

Cape Town in South Africa has maintained the biggest share of planned hotel development, this is according to The W Hospitality Group which released its latest pipeline report for 2018, detailing the development status of hotels across Africa. The...

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Mantashe's draft Mining Charter a recipe for disaster

  • 19-06-2018
  • Fin24

With so many commentators determined to say that the draft Mining Charter released last week is, in the words of the Minerals Council of South Africa, ‘a material improvement on the 2017 Mining Charter’, it is all too easy to lose sight of what a dis...

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Urban renewal: The physical manifestation of innovative thinking

  • 19-06-2018
  • Bizcommunity.com

There are few environments where the impact of innovative thinking and a departure from the conventional is more apparent than amidst an urban renewal project; nowhere else is decay so starkly juxtaposed against regeneration and modernisation through...

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