Building & Construction News

Upgrade for Zimbabwe and South Africa border post

  • 30-11-2020
  • Business Tech

Private equity firm Harith General Partners Pty Ltd and the Phembani Remgro Infrastructure Fund are buying equity in a company investing $296 million to modernize Zimbabwe Beitbridge border, one of Africa’s busiest land border crossings. Zimborder...

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Aveng confident in its turnaround after Covid-19 hit

  • 30-11-2020
  • Business Live

Infrastructure and mining group Aveng, the share of which has lost 99% of its value in the past three years, is still confident the diversification of its services and operating regions will pay off, even after the Covid-19 pandemic caused a liquidit...

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Construction sector collusion and bid-rigging settlement agreement in trouble

  • 27-11-2020
  • Moneyweb

The Voluntary Rebuilding Programme (VRP) settlement agreement reached between the government and seven listed construction companies related to their collusive and bid-rigging activities is in trouble. Stefanutti Stocks CEO Russell Crawford confir...

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R5k fine a month over delayed construction leaves gated estate residents fuming

  • 27-11-2020
  • IOL

Johannesburg - People who purchased vacant stands in gated estates are being penalised up to R5 000 a month by homeowners’ associations for failing to build their homes within a certain time period – this despite the Covid-19 lockdown. A Waterfall...

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How the BIBC helped small construction businesses stay afloat, survive Covid-19

  • 26-11-2020
  • Bizcommunity.com

According to a survey by Statistics South Africa released earlier this year, 14% of construction companies permanently shut their doors in South Africa due to the lockdown. Deloitte also predicted around the same time that construction companies wit...

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BEE legislation needs to be clarified, disseminated and overseen

  • 26-11-2020
  • Business Day

Since the inception of broad-based BEE (B-BBEE), its regulations and inner workings have been the preserve of a select few. For the intended beneficiaries, understanding BEE is on a need-to-know basis, with the majority seemingly not needing to know....

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New Partnership to Digitalize Construction Sites in Africa

  • 25-11-2020
  • Gim International

Topcon Positioning Group and Sixense Mapping have formed a partnership to provide a full range of construction site digitalization to increase productivity on projects across Africa. Combining their expertise, the companies will contribute to develop...

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Construction of new Durban Air Force Base among Defence Works Formation projects

  • 25-11-2020
  • Defence Web

Construction of Air Force Base Durban at King Shaka International Airport is underway and will see 15 Squadron move there once completed. This is one of the Defence Works Formation’s key projects as it takes over duties from the Department of Public ...

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New cutting-edge Massmart Distribution centre launches - one of the biggest DC’s in the Western Cape

  • 24-11-2020
  • eProp

MASSMART’S brand-new, cutting-edge centralised distribution centre for the Western Cape has been completed and is one of the largest, and most impressive of its kind in Cape Town, at just under 53 000 square metres in size. Massmart This striki...

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R14m fire station for South Coast opens in time for Christmas

  • 24-11-2020
  • IOL

Durban - The KwaZulu MEC for Cooperative Governance and Traditional Affairs officially opened the R14 million Ugu Fire and Rescue Centre in Port Shepstone on Tuesday morning. According to Sipho Hlomuka, today's launch is a milestone in the provinc...

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