Building & Construction News

L2B news article

Taxpayers to fork out for Gautrain expansion

  • 22/09/2020
  • Business Tech

The expansion of Gautrain’s network must start soon if Johannesburg wants to remain a competitive city, says Gautrain Management Agency chief executive, William Dachs. Dubbed ‘Gautrain 2’, the expansion project that would see an additional 149km o...

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Travelling on the N3 this weekend? This is what you need to know

  • 22/09/2020
  • IOL

With most schools closing on Wednesday for the Heritage Day long weekend and many businesses following suit, the N3 Toll Route is expected to experience high traffic volumes as travellers make use of this opportunity to take their first holiday break...

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Sisulu directs departments to start paying invoices, finalise outstanding water use licences

  • 21/09/2020
  • The Citizen

Sisulu expects a report within 14 days of all outstanding invoices and applications of water use licences. Minister of Human Settlements, Water and Sanitation, Lindiwe Sisulu instructed her departments to start paying invoices that were due and w...

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Fact-finding mission launched to unravel how a world-class ecotourism project bombed in Eswatini

  • 21/09/2020
  • Daily Maverick

The Eswatini National Trust Commission splashed a cool R1.2-million of public and donor funding on a community-owned ecotourism project that never got off the ground, the Inhlase Centre for Investigative Journalism can reveal. The Mambane conserva...

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A tentative recovery in property market

  • 18/09/2020
  • IOL Business Report

CAPE TOWN - An interest rate cut yesterday would have provided some relief for the weak economy and boosted the housing market, although there are already tentative signs of a recovery in the sector, industry executives said. The South African Res...

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City of Cape Town appeals against provincial authorisation of R4-billion River Club development

  • 18/09/2020
  • Daily Maverick

The environmental authorisation given by the Western Cape government for a mega-development at the River Club in Observatory does not comply with provisions in the National Heritage Resources Act, according to a City department and the provincial her...

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R1.3 billion hotel in Umhlanga to open in November

  • 17/09/2020
  • IOL

DURBAN - KwaZulu-Natal MEC for Economic Development Nomusa Dube-Ncube, has announced on Tuesday the opening of a new property development in the Umhlanga area, north of the Durban central business district, which costs over R1 billion (around US$60 m...

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Cote d’Ivoire to construct largest LPG storage facility in Sub-Saharan Africa

  • 17/09/2020
  • Construction Review Online

The Ivory Coast, also known as Côte d’Ivoire is set to construct a 12,000 Metric Tonnes Liquefied Petroleum Gas (LPG) storage facility which upon completion will become the largest of its kind in the in Sub-Saharan Africa. This is after the Nation...

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Joburg’s Jewel City set for further R1bn investment

  • 16/09/2020
  • Moneyweb

Divercity Urban Property Fund is eyeing further investments in the Joburg CBD, as well as into an all-new urban renewal project in the Randburg CBD. The unlisted fund, which is a joint venture between property groups Atterbury and Ithemba Property...

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Highways being built across Egypt’s pyramids plateau enrages critics

  • 16/09/2020
  • Business Live

Memphis, Egypt — Egypt is building two highways across the pyramids plateau outside Cairo, reviving and expanding a project that was suspended in the 1990s after an international outcry. The Great Pyramids, Egypt’s top tourist destination, are the...

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