Construction Trends 2018

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Bright times lie ahead for black-owned concrete business
Bright times lie ahead for black-owned concrete business

Bright by name. Bright by nature. Bright through sheer hard work and dogged determination participated in the Sasol Siyazenzela Youth Programme (SSYB) in 2015, facilitated with the assistance of female-owned Tushiyah Advisory Services...

Issued by Stone D├ęcor 21 hours ago

Italtile bucks trend as turnover soars
Italtile bucks trend as turnover soars

Italtile saw trading profit leap as turnover soared in the six months to December 2017, despite consumer sentiment in SA being "by and large down"...

By Mark Allix 8 Feb 2018

Volume of cement PPC sold in 2017 falls, but it remains ahead of competitors
Volume of cement PPC sold in 2017 falls, but it remains ahead of competitors

The volume of cement PPC sold in the nine months to end-December fell about 2% - half the overall South African cement industry's 4% decline, the group said in an operating update on Friday, 2 January...

By Robert Laing 5 Feb 2018

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ArcelorMittal says profits more than doubled in 2017

Global steel giant ArcelorMittal said Wednesday, 31 January, that its net profit more than doubled last year as the worldwide market for steel improved...

1 Feb 2018

South African steel production rises 2.6% in 2017 to 6.3m tonnes, says worldsteel
South African steel production rises 2.6% in 2017 to 6.3m tonnes, says worldsteel

South African steel production rose by 2.6% in 2017 to an estimated 6.301-million tonnes after falling by 4.2% in 2016, according to the World Steel Association (worldsteel)...

By Dominic Preuss 26 Jan 2018

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Analyst hails PPC's debt rescheduling at DRC plant

PPC says it has finalised a capital-repayment moratorium with funders of its new plant in the Democratic Republic of Congo (DRC), improving liquidity...

By Mark Allix 23 Jan 2018

Could a secret ingredient make crumbling concrete a thing of the past? m_e_mccarron: 5492855505/70N@6407688/sotohp/moc.rkcilf.www//:sptthbRev('brev-6ecb6d94-ecff-41b0-9367-2f43a6acea09', '>a/\"5492855505/70N;46#&6407688/sotohp/moc.rkcilf.www//:sptth:otliam"=ferh a,
Fungi can help concrete heal its own cracks

Infrastructure supports and facilitates our daily lives - think of the roads we drive on, the bridges and tunnels that help transport people and freight...

By Congrui Jin 22 Jan 2018

Scania-PPC construction deal ensures efficient work
Scania-PPC construction deal ensures efficient work

Investments continue to be made in construction-related equipment in spite of the fact that the industry is predicted to continue to experience moderate growth over the next few years...

19 Jan 2018

Hurdles lie ahead for single-body metals industry wage deal
Hurdles lie ahead for single-body metals industry wage deal

The majority of employers in the steel and engineering sector have implemented self-determined wage increases for workers in the absence of an industry wage agreement...

By Theto Mahlakoana 16 Jan 2018

Manufacturing output growth beats expectations
Manufacturing output growth beats expectations

SA's manufacturing output grew 1.7% in November from the same month in 2016, beating the economists' consensus of 0.45%, Statistics SA reported...

By Sunita Menon 12 Jan 2018

#Newsmaker: Marli de Wet on her award-winning design project
#Newsmaker: Marli de Wet on her award-winning design project

Last year's winner of the Caesarstone Student Designer Competition, Marli de Wet, will this year take up her prize by attending an international design fair of their choice with her Design Time lecturer...

By Jessica Tennant 11 Jan 2018

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#BizTrends2018: A brave new world for South African stainless steel manufacturers

Here are some of the 'hot spots' in the local stainless steel sector over the next year...

By Lesley Squires 9 Jan 2018

#BizTrends2018: Enter Generation Z: Fusing the old with the new
#BizTrends2018: Enter Generation Z: Fusing the old with the new

Traditionally the domain of a serious set of older engineers, cement / concrete technology and civil engineering are currently undergoing a slow but steady transition...

By Hanlie Turner 8 Jan 2018

Chinese production cuts buoy ArcelorMittal SA shares
Chinese production cuts buoy ArcelorMittal SA shares

Shares in ArcelorMittal SA took some comfort on Thursday, 21 December, from a forecast that Chinese production restrictions would help to lift global steel prices in the first quarter of 2018, although temporarily...

By Charlotte Mathews 22 Dec 2017

PPC will go it alone as talks end with last suitor
PPC will go it alone as talks end with last suitor

LafargeHolcim announced on Wednesday night, 13 December, it had terminated talks with PPC...

By Robert Laing 15 Dec 2017

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ArcelorMittal SA appoints new CE

ArcelorMittal SA has appointed Hendrik "Kobus" Verster as its new chief executive, replacing Wim de Klerk who in retiring in January...

By Andries Mahlangu 12 Dec 2017

Fairfax drops plan to buy PPC stake
Fairfax drops plan to buy PPC stake

PPC's share price fell 3% to R6.40 on Monday, 11 December, after it notified shareholders Canadian financier Fairfax would not proceed with a formal offer...

By Robert Laing 12 Dec 2017

Jilted PPC slides in morning trade
Jilted PPC slides in morning trade

PPC's share price fell 3.5% to R6.65 on Thursday morning, 7 December, after it informed shareholders it had been jilted on Monday by one of its three suitors, Dublin-based CRH...

By Robert Laing 7 Dec 2017

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Who knew pee was valuable?

Liquid gold has been discovered at the University of Cape Town...

By Dave Chambers 7 Dec 2017

Image credit: Nadege Imbabazi via
Made-in-Rwanda Expo ends with calls to buy local

The fourth edition of the annual Made-in-Rwanda Expo concluded yesterday with a call from leaders to embrace locally produced products...

By Julius Bizimungu 6 Dec 2017

Assets in rest of Africa shore up PPC earnings
Assets in rest of Africa shore up PPC earnings

PPC chalked up soaring attributable net profit in the six months to September, nearly tripling it to R294m from R102m in the same period in 2016...

27 Nov 2017

Could this magnesium oxide-based material help put an end to rampant shack fires?
Could this magnesium oxide-based material help put an end to rampant shack fires?

The Cape continues to experience rampant shack fires that devastate those with property in the informal sector...

27 Nov 2017

(L-R) Jerome Perils, Kenako Concrete MD alongside Sadick Davids, CDC business development manager - Metal and Manufacturing.
DTI, IDC fund Kenako Concrete

The R71m Kenako Concrete manufacturing facility, located in the Coega Special Economic Zone (SEZ), is the first black industrialist in Port Elizabeth to be funded by the Department of Trade and Industry (dti) and the Industrial Development Corporation (IDC)...

24 Nov 2017

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Group Five sells a 50% interest in its steel pipe business

Construction firm Group Five said on Wednesday, 22 November, that it would sell its 50% interest in its steel pipe business, as part of broader strategy to shake up its portfolio...

23 Nov 2017

AHEC Seed to Seat Initiative to be displayed in CT
AHEC Seed to Seat Initiative to be displayed in CT

The American Hardwood Export Council's 'Seed to Seat' furniture collaborative will be displayed at Young Blood Gallery in Cape Town from 20 November to 20 December...

17 Nov 2017

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Steelmaker ArcelorMittal profit builds on market recovery

Global steel giant ArcelorMittal said Friday, 10 November, its net profit soared in the third quarter thanks to solid market demand as well as strong prices for its products...

13 Nov 2017

Investors cheer PPC's optimistic trading update
Investors cheer PPC's optimistic trading update

PPC's share price rose 5.8% to R7.53 on Tuesday morning, 7 November, after it said its profitability had improved thanks to "robust growth in Rwanda and Zimbabwe" and a significant reduction in finance fees...

By Robert Laing 8 Nov 2017

Southern Palace Group acquires Genrec Engineering from Murray & Roberts
Southern Palace Group acquires Genrec Engineering from Murray & Roberts

Southern Palace Group recently announced its 100% acquisition of Genrec Engineering, a steel fabrication and manufacturing business, from Murray & Roberts...

2 Nov 2017

Scaw Metals dismisses US claims about steel dumping
Scaw Metals dismisses US claims about steel dumping

South African steel producer Scaw Metals has dismissed an "affirmative preliminary determination" by the US department of commerce...

By Mark Allix 27 Oct 2017

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