Upgrade of shiploaders at Durban harbour completed

Consulting engineering solutions provider Bosch Projects has recently completed the upgrade of two shiploaders at the Durban harbour. The shiploaders have been used to load sugar onto vessels at the South African Sugar Association’s sugar terminal for over 50 years.

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Harbour materials handling company transforms corporate identity

Durban-based harbour materials handling specialists Big Lift Trucks (BLT) has transformed its corporate identity with the launch of a new company name – BLTWORLD. BLTWORLD MD Ken Mouritzen explains that the company – which has traded locally and internationally as BLT for over 20 years – needed to rebrand, in line with changes in the business model and an extended product profile.

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WSP finalising port projects in Africa

Multidisciplinary engineering consultancy WSP Africa is involved in several port-related projects across Africa, some of which will be finalised this month, says WSP Africa maritime director Andre van Tonder. WSP is undertaking the yearly National Port Plan review for State-owned freight utility Transnet. Van Tonder says the company should complete the review next month – WSP submitted its review as a draft report to State-owned company Transnet National Ports Authority at the beginning of this month.

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Bolt-together building system designed for use by those with little experience

Klevabrick is a new low-cost building system, designed to help build homes with little to no prior building skills, thereby adding to the available methods of low-cost building.

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Gas seen playing key role in Africa’s decentralised power landscape

Africa is aiming to raise its installed power generation capacity by 250 GW by 2030. Liquefied natural gas (LNG) can serve as a baseload energy source and gas-powered generation assets can be built modularly and scaled up as use increases, says modular infrastructure, engineering services and gas logistics multinational AG&P LNG global business development manager Nishant Sharma. AG&P’s assessments of the region have identified the potential for LNG to become one of the key baseload energy sources on the continent, specifically because its use is flexible, can be scaled up to meet growing demands and many existing generation assets can be converted to run on LNG.

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Massive housing project being developed on historical mining area near Joburg CBD

A historical mining area now known as Fleurhof, on the northern edge of the Witwatersrand basin, in the Central Rand goldfield, immediately south-west of the Johannesburg central business district, is being transformed into a vast new housing development with the help of alternative mining solutions and rehabilitation company Ncamiso Mining. Fleurhof is located on the Rand Leases mining area, which, together with the Durban Roodepoort Deep (DRD) mining centre, forms part of the Soweto cluster projects, where mining has been under- taken since the discovery of the goldfields in 1886.

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Basil Read outlines turnaround plan as auditor issues going-concern warning

Basil Read remains a viable business, despite the group’s auditors noting their apprehension regarding the company’s ability to continue as a going concern, says CEO Khathutshelo Mapasa, who took over the reins at the company in October. PricewaterhouseCoopers noted in Basil Read’s annual results SENS announcement, issued on Wednesday, that there was “material uncertainty on the timing of the cash flows that may cast significant doubt on the group’s ability to continue as a going concern and, therefore, the company may be unable to realise its assets and discharge its liabilities in the normal course”.

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M&R’s fifth-largest investor rejects Aton’s buyout bid

The fifth-largest shareholder in Murray & Roberts (M&R) plans to reject a hostile buyout bid from Germany’s Aton that values the South African builder at nearly $600-million. “The offer of R15 per share is below what we believe is fair value. As a result we won’t be committing to sell into this price,” Brian Pyle, an analyst at Old Mutual’s equity investment arm, told Reuters.

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Park Inn by Radisson installs Cape Town’s first PVT project

Hotel brand Park Inn by Radisson, together with hybrid solar products producer Solarus, have installed a large-scale commercial hybrid photovoltaic and thermal (PVT) project in Cape Town’s central business district – the first PVT project in the city.

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M&R board labels Aton offer ‘opportunistic’

JSE-listed Murray & Roberts’ (M&R’s) independent board review on Tuesday found a strong recommendation to not accept German investment holdings company Aton’s offer to buy out all M&R shares at R15 a share. M&R reported on Tuesday afternoon, after consideration of the review, that it does not yet have a conclusive decision made, owing to also considering other shareholder views that have not been finalised.

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