30 Apr 2013

Building & Construction


Weekly top stories

Bitumen no longer such a 'sticky' problem
Fed up with an unstable local bitumen supply, construction firms have begun to invest in securing their own supply of the material, which is an essential part of road construction and maintenance. Read more >>


Editorial news

Engineering
Flight cancellation caused by equipment
[Mamela Gowa] The East London airport is busy replacing its damaged glide slope equipment, which resulted in South African Airways (SAA) cancelling flights on Sunday (21 April) in the rainy weather. Read more >>


Building Materials
Bitumen no longer such a 'sticky' problem
Fed up with an unstable local bitumen supply, construction firms have begun to invest in securing their own supply of the material, which is an essential part of road construction and maintenance. Read more >>

Steel production falls 12.5%
[Helmo Preuss] South African steel production fell by 12.5% year-on-year (y/y) in March to an estimated 570‚000 tons after dropping by 16.6% y/y in February to 515‚000 tons‚ according to data from the World Steel Association. Read more >>


Civil Engineering
Big construction firms admit to bid-rigging
A total of 21 big South African construction companies have admitted to the Competition Commission that they were involved in bid-rigging to a combined value of R26bn, Parliament's Portfolio Committee on Public Works heard this week. Read more >>

Motorists urged to exercise caution on N2
PRETORIA: Motorists are urged to be observant of lane closures following the construction of the Stafford's Post Interchange on the N2 section 21, between Kokstad and Harding. Read more >>


Construction
Patel's personal liability proposal slated
The suggestion that chief executives of construction companies should sign a contract to make them personally liable in cases of collusion has been slated by the industry as a step too far. Read more >>

Premium's CBD investments pay dividends
[Nick Hedley] Property loan stock company Premium Properties reported distribution growth of 9% to 126.2c per linked unit for the year to February. Read more >>

Tsogo Sun spending US$100m in Africa
In line with its growth strategy‚ Tsogo Sun has announced an investment of US$100m to be used to expand the group's hotel network in Africa. Read more >>

Big construction firms admit to bid-rigging
CAPE TOWN: A total of 21 big South African construction companies have admitted to the Competition Commission that they were involved in bid-rigging to a combined value of R26 billion, Parliament's Portfolio Committee on Public Works heard on Tuesday, 23 April 2013. Read more >>


Project Management
Imminent commencement of Western Aqueduct
The multi-million-rand Western Aqueduct project is back on track following the recent announcement that Cycad Pipelines has been selected as the successful contractor for the initial 7km sector of the water pipeline between Inchanga Station and Alverstone Neck. Construction is expected to commence by the end of April. Read more >>


Government
Zuma tells South Africans to be proud
[Chris Bathembu] President Jacob Zuma began his major Freedom Day speech on Saturday by telling South Africans to look back with pride as a nation because the struggle for national liberation achieved its primary purpose. Read more >>

Ekurhuleni is hoping to attract investors
The Ekurhuleni metropolitan council is hoping the Airports Cities world conference currently under way in Kempton Park will lessen the burden of unemployment, homelessness and poverty in the region. Read more >>

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2013 Biz Trends Report

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