Building & Construction News

Geoscientist explains cause of Durban tremor

  • 31/10/2019
  • IOL

Durban - A geoscientist has said that there is no need for residents to panic following a tremor felt in and around Durban on Thursday. Professor of Physical Geography at the University of the Witwatersrand, Jasper Knight said South Africa feels ...

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Can your contract protect you against construction mafia losses?

  • 30/10/2019
  • Bizcommunity.com

Disruptions and work stoppages orchestrated by the now-infamous construction mafia in South Africa is adding to the woes of the already beleaguered construction sector. However, there are proactive ways to avoid these situations, according to Aadila ...

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Group Five to sell more assets

  • 29/10/2019
  • Business Live

Construction company Group Five has entered into binding agreements for the sale of more assets including European toll and motorway developer and operator Intertoll Europe, its business rescue practitioners said on Monday. The troubled company, ...

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PPA21076 - PPA21087

City of Cape Town approves Amdec’s mixed-use precinct

  • 29/10/2019
  • Property Wheel

The Amdec Group has announced that its R14 billion Harbour Arch mixed-use precinct has been approved. James Wilson, CEO of the Amdec Group, said immediately after the meeting, “This is a big day for Cape Town and a big day for the Amdec Group. We ...

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Artist Impression

Lanseria International eyes ‘airport city’ development

  • 28/10/2019
  • Moneyweb

South Africa’s fourth busiest airport, Lanseria International in western Joburg, is planning further infrastructure expansions, following the completion of a new R210 million, 1 000-bay, multi-storey parkade that officially opened on Friday. With ...

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Forget the impending Lesotho water crisis …

  • 28/10/2019
  • Moneyweb

There are far greater risks emerging in the Integrated Vaal River System. t has been a hot, dry October in much of the interior of South Africa. And the rains have started later than usual. So it was not surprising that alarm bells went off when i...

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Eskom says likelihood of load shedding low for weekend

  • 25/10/2019
  • Fin 24

Eskom says there is a low probability of load shedding over the weekend as South Africa readies to take on Wales in the Rugby World Cup semi-finals. South Africa is set to play Wales at 11:00 SA time on Sunday in Yokohama, while England take on re...

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Load shedding: How series of failures, design flaws brought Medupi to its knees

  • 24/10/2019
  • Moneyweb

Following major problems that brought Eskom's Medupi power station to its knees during the height of the load shedding last week, the power station's manager, Rudi van der Wal, is leaving Eskom to take up a position overseas. Van der Wal resigned ...

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Top 3 risks facing the construction industry

  • 23/10/2019
  • Bizcommunity.com

With Fitch Solutions predicting sluggish growth of only 2.4% for 2019, the South African construction industry currently finds itself in an unpredictable macro-environment. Talks of a looming global recession is causing capital expenditure on large-s...

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Sale of subsidiary saves hundreds of jobs at Group Five

  • 22/10/2019
  • Moneyweb

Mauritian-based Teichmann Group takes over its projects operation. About 500 jobs have been saved by the sale of Group Five Projects – a subsidiary of Group Five Construction, which is in business rescue – to the Mauritian-based Teichmann Group fo...

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