Building & Construction News

Ferial Haffajee: Reading the signs, Eskom’s death spiral is about to speed up

  • 31-07-2019
  • Fin24

Like a man liberated from the yoke of economic correctness, outgoing Eskom CEO Phakamani Hadebe put a name on what’s happening at the electricity utility, Eskom – it’s in a death spiral, he said on Tuesday, as he presented the company’s annual statem...

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Eskom hit by ‘triple whammy’ as it reports massive loss

  • 31-07-2019
  • Moneyweb

Utility’s debt balloons from R390bn to R431bn. RYK VAN NIEKERK: Eskom reported a disastrous set of financial results today [Tuesday], and it clearly reflects the fiscal threat the utility poses to South Africa. Eskom reported a massive R20.7 bil...

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Job losses in mining and constructions sectors hurt employment stats

  • 30-07-2019
  • The South African

Significant job cuts in the mining and constructions industries have resulted in the highest quarterly increase in unemployed persons in South Africa since 2013. While six of 10 industries did show employment growth between Q1 and Q2 of 2019, incl...

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Company leaves R164 million housing project unfinished

  • 30-07-2019
  • Ground Up

No houses for some, unfinished houses for others in Mdantsane RDP project Nophakamile Qongwana is 75 years old. Two months ago she moved into an RDP house for the first time, even though the house in Daluxolo, Madantsane, was not finished. Sh...

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The crisis at Kusile and Medupi continues …

  • 29-07-2019
  • Moneyweb

Eskom is expected to announce a bottom-line loss for the year in the region of R25bn. Eleven years after construction started on Eskom’s massive 4 800 megawatt (MW) Kusile coal-fired power station in Mpumalanga, not one of its six 800MW generator ...

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How to keep buildings cool without air conditioning - according to an expert in sustainable design

  • 29-07-2019
  • Bizcommunity.com

The warmer it gets, the more people crank up the air conditioning (AC). In fact, AC is booming in nations across the world: it's predicted that around two thirds of the world's households could have an air conditioner by 2050, and the demand for ener...

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Tribunal dismisses collusion complaint against two asphalt firms

  • 26-07-2019
  • Moneyweb

The Competition Tribunal has dismissed a complaint referral against asphalt producers Roadspan Surfaces and Much Asphalt, who were accused by the Competition Commission of entering into an agreement to divide markets in contravention of the Competiti...

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Site Progress

CRC building in Rivonia a monument to engineering innovation

  • 26-07-2019
  • Concrete Trends

The new Christian Revival Church (CRC) on the corner of Witkoppen and Riverbend Roads in Fourways is an architectural and structural-engineering feat that showcases excellence in the design and application of steel and concrete technologies. It al...

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Small and medium contractors being ravaged

  • 25-07-2019
  • Moneyweb

Likely to lead to even more job losses in the construction sector. The severe downturn in the construction sector that has destroyed much of the capacity of the listed property sector is starting to ravage small and medium contractors and is likel...

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Murray & Roberts: A game of cat and mouse.

  • 25-07-2019
  • Daily Maverick

The Competition Commission has recommended to the Competition Tribunal that the proposed acquisition of Murray & Roberts by Aton be prohibited. While there is some way to go before there is finality, the recommendation is a sign that a new chapter co...

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