Building & Construction News

Eskom left in limbo as govt stalls the appointment of CEO

  • 13-11-2019
  • Fin 24

Considering that Eskom poses the biggest risk to the economy, appointing a permanent chief executive officer to turn it around is widely seen as a top priority for President Cyril Ramaphosa’s administration. Yet while the government pledged to nam...

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Consortium Thelo DB receives blank cheque to build railways in Africa

  • 13-11-2019
  • Eyewitnessnews

JOHANNESBURG - South African-German consortium Thelo DB has received an open chequebook to develop railways in Africa, with SA as a base for project development. The African Export-Import Bank (Afrexim) has signed an agreement to fund any railway ...

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Raubex’s construction focus pays dividends

  • 12-11-2019
  • Moneyweb

The decision by JSE-listed road construction and rehabilitation-focused company Raubex to reposition itself into a fully-fledged construction group is starting to pay dividends. Raubex CEO Rudolf Fourie said on Monday the improvement in the group...

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Site Development Plan

Corobrik passes R1bn investment with new Driefontein mega factory

  • 12-11-2019
  • Property Wheel

Corobrik will see investment pass the R1-billion mark within the next two years as it readies its R800 million new mega factory in Driefontein for full production and begins to build a second new plant in KwaZulu-Natal. Speaking at the second Sout...

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The biggest challenge facing the investment industry

  • 11-11-2019
  • Moneyweb

It’s also the biggest challenge facing everybody else. Asset managers have a lot to worry about at the moment: from managing money in an environment where low and negative interest rates are distorting asset prices, to disruptive technologies th...

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Water levels drop below half in three provinces

  • 08-11-2019
  • Bizcommunity.com

The current hot temperatures in major parts of the country have plunged three provinces to stress levels as their dam levels dropped to below half in the past two weeks. According to the Department of Water and Sanitation report, the dam levels in...

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South Africa’s real water crisis: not understanding what’s needed

  • 07-11-2019
  • The Conversation

A serious multi-year drought in parts of South Africa’s Northern and Eastern Cape provinces has seen a number of small towns threatened by total water supply failures and livestock farmers facing financial ruin. In other parts of the country, heat...

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Giflo Medical invests R130m in upgrading Vanderbijlpark medical precinct

  • 06-11-2019
  • Bizcommunity.com

Commercial and medical property developer Giflo Medical has invested R130m in expanding and upgrading two adjacent medical facilities - the Cormed Private Hospital and the Envision Centre for Sight - located within an established medical precinct in ...

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Electricity system constrained but possibility of load shedding low - Eskom

  • 05-11-2019
  • IOL

JOHANNESBURG - Eskom on Tuesday said its electricity system was severely constrained but the possibility of load shedding was low. "Since the past weekend, plant performance has deteriorated with unplanned breakdowns reaching a high of 12,500 MW ...

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Building new cities to meet Africa's rapid urbanisation is a risky bet

  • 04-11-2019
  • Bizcommunity.com

By 2050 an estimated 2.5 billion more people will be added to urban areas, with 90% of this growth taking place in Africa and Asia. According to Nobel Prize-winning economist Paul Romer, this will mean the building of more urban areas in the next 100...

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