Building & Construction News

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R4bn River Club development clears major obstacle

  • 31/08/2020
  • Bizcommunity.com

The next step towards a massive R4bn development on the contested River Club site in Observatory, Cape Town, has been authorised by the provincial government. The environmental authorisation granted by the Western Cape Department of Environmental ...

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Joburg Property Company CEO and CFO probed for ‘wasting millions’

  • 31/08/2020
  • IOL

Johannesburg - The chief executive of the Joburg Property Company (JPC), Helen Botes, and her chief financial officer, Imraan Bhamjee, are being investigated for allegedly wasting millions of rand by awarding highly inflated Covid-19 cleaning and san...

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L2B news article

Masiphumelele upgrade plan approved but Noordhoek group’s appeal still pending

  • 28/08/2020
  • Ground Up

Environmental approval has been granted for the construction of a new road that will facilitate a long-awaited upgrade and relocation project affecting about 2,500 homes in the wetlands informal settlement area of Masiphumelele, Cape Town. But an ...

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Breaking the negative feedback loop to revive the SA economy

  • 28/08/2020
  • Daily Maverick

South Africa's economy has been in an unenviable, steady decline over the past decade, despite a thriving global economy. With the crisis compounded by COVID-19, much is now being said and written on what we as a nation should be doing to revive our...

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September fuel price: some good news for diesel customers

  • 27/08/2020
  • IOL

JOHANNESBURG - When it comes to September’s fuel price equation, there’s some good news for those operating diesel vehicles, but for petrol consumers the relief will be negligible. According to the Automobile Association, the unaudited month-end d...

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R73.9m spent on maintenance and remedial works at Tygerberg Hospital

  • 27/08/2020
  • IOL

Cape Town – There are 33 priority infrastructure projects in various stages of development and construction at Tygerberg Hospital, according to the provincial Department of Health. Altogether, expenditure on maintenance and remedial works at the h...

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Despite community rumblings, multi-billion rand N2 Wild Coast Road Project steams ahead

  • 26/08/2020
  • IOL

Durban - The multi-billion rand N2 Wild Coast Road Project which aims to unlock R1.5 billion in the economy annually once it is built continues to steam ahead despite delays caused by the Covid-19 pandemic, South African National Roads Agency SOC Lim...

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Tough conditions sink Master Drilling’s headline earnings by over 30%

  • 26/08/2020
  • IOL Business Report

CAPE TOWN – Master Drilling Group, a global leader in drilling services to the mining, civil engineering and building construction sectors, Tuesday reported a 30.5 percent decline in headline earnings per share to 53.3 cents in the six months to June...

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SIU to approach Tribunal to recover funds lost in Beitbridge border saga

  • 25/08/2020
  • The Citizen Online

The investigation revealed procurement irregularities perpetrated during the infrastructure delivery process, as well as possible acts of fraud. The Special Investigating Unit (SIU) has confirmed that it will approach the Special Tribunal next we...

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Kenya: Tender for construction of Soin-Koru multipurpose dam re-advertised

  • 25/08/2020
  • Construction Review Online

The government of the Republic of Kenya, through the National Water Harvesting and Storage Authority (NWHSA), has re-advertised the tender for the construction of the over US$ 231M Soin-Koru multipurpose dam after previous bidders failed to meet the ...

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