27 Nov 2012

Building & Construction

 


Let's support the little guy

Not only large corporates need to engage in CSI / CSR, says MD of PR Worx, Madelain Roscher, SMEs need to get involved as well. According to Roscher, companies will see benefits in terms of brand recognition, increased sales, return on investment (ROI), tax benefits, and, most importantly, fostering trust with employees and the general public - all that while contributing to a greater good... What are you waiting for?!

Remember the ladies in orange at the 2010 FIFA World Cup who were accused of ambushing marketing for Bavaria? Well, Trade and Industry Minister Rob Davies has warned that he'll be having none of that during AFCON 2013. Davies plans to designate the sporting event as a "protected event" to ensure stringent advertising laws are enforced.

Former MTN CEO Phuthuma Nhleko is a wanted man - wanted by Anglo American that is, to take the helm. While chairman John Parker sings his praises, a London-based mining analyst doesn't believe him to be the right man for the job, citing lack of operational mining experience.

It's not often that the big guy lends a helping hand to the little start-up, but here's a little heart-warmer for you; as part of its Enterprise Development Initiative, Cape Town's Protea Hotel Victoria Junction has signed a "twinning" agreement with a local guest house in Thornton. In order to help the guest house owner, Khanyisa Balfour, put her best foot forward and realise her life-long ambition, the Protea Hotel Victoria Junction management team will provide expertise and training to the guest house owner.

Let's all put our best foot forward into what's left of 2012!

Sindy Peters: Group Head, Content

Submit your company news to buildingconstructionnews@bizcommunity.com. Exclusive contributions may be sent to contributors-buildingconstruction@bizcommunity.com.

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Building & Construction


National standards aim to make living on dolomite-based land safer
Studies conducted by various departments within the engineering sector in collaboration with National Department of Public Works and the Association of Engineering Geologists, indicate that 25% of Gauteng is located on dolomite-based land. Read more >>

Wealthy 'messing up our beach'
The construction of palatial homes in Gordon's Bay, Cape Town, has caused such severe erosion that the beach has become unsafe. Read more >>

Engineering


How much of SA's R900bn infrastructure money is heading offshore?
According to BDLive's columnists Ron Derby, the rand's tilt towards the R9/$ mark appears to coincide with the deadline for renewable energy contractors to hedge their purchases for South Africa's R100bn renewable energy Independent Power Producer Procurement Programme. As most of the technology required for the programme is going to be bought offshore, naturally the procurement would have an effect on the rand. Read more >>

Siemens builds two 50MWp PV plants in South Africa
Solarnovus.com website reports that Siemens has received an order for construction of two photovoltaic (PV) plants in South Africa. Multinational engineering and electronics conglomerate company Siemens specialises in the fields of industry, energy, transportation and healthcare. Scheduled to go online in 2014, the solar power plants will be erected in De Aar and Droogfontein in the North Cape Province. At 50MWp per plant, the installation could provide more than 30,000 South African households with clean electric power. Read more >>

KZN mall cuts energy tariffs with Building Management System
According to ESI-Africa, energy tariffs at Gateway Theatre of Shopping in KwaZulu-Natal skyrocket when power consumption exceeds the notified maximum demand (NMD). Following the implementation of Johnson Controls Metasys Building Management System (BMS), power consumption has been closely monitored and managed, a move that will save property owners Old Mutual Property (OMP) a considerable amount in energy costs a year. Read more >>

UKZN chemical engineers set out to re-invent the toilet
According to Allafrica.com, a team from the Pollution Research Group (PRG) based in the chemical engineering department at the University of KwaZulu-Natal (UKZN), is attempting to, literally, re-invent the toilet as we know it - a 200-year old design that depends on an infinite water supply and extensive sewer system. Flush toilets are available only to a fraction of the world's population and are unsustainable, especially in water-scarce countries. Read more >>

CIHoldings acquires 51% of VME Group
Community Investment Holdings (CIHoldings), a 100% black-owned company with interests in health care, ICT, logistics, mining, infrastructure and power and energy has recently acquired a 51% stake in VME Group (VME). Read more >>

Construction


Govt 'rising underspending' linked to slow transformation
According to BDLive, while acknowledging a "rising underspend" by the government, Public Works Minister Thulas Nxesi says the pace of transformation in SA's construction sector is far too slow. This, he says, is particularly evident among listed construction and engineering groups and higher-tier subcontractors. Read more >>

Infrastructure insurance can prevent costly financial outlay
The value of infrastructure insurance should not be underestimated, especially in light of government's planned budget spend of R3.2 trillion on more than 43 major infrastructure projects. This is according to Krushayev Moodley, manager of engineering at Lion of Africa Insurance, who says that insurers and brokers should not underestimate the business opportunities presented by construction, engineering and infrastructure development projects. Read more >>

Deconstructing construction finance to build stronger contractors
[Allon Raiz] South Africa is readying itself for an infrastructure development boom. On 24 October, 2012, the Business Day newspaper reported that President Zuma had announced, at an infrastructure investment conference in Joburg, that the government was drafting legislation to enable infrastructure development, as well as trying to find funding methods for 18 strategic infrastructure projects. These projects are estimated to be worth R4 trillion over 15 years. Read more >>


International
Sierra Leone's Koroma promises jobs
FREETOWN, SIERRA LEONE: Sierra Leone's President Ernest Koroma vowed to transform the fortunes of the war-scarred nation with more jobs and development after his convincing re-election victory. Read more >>

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