Marc Wainer retires as Redefine director

Executive director Marc Wainer will retire from the board of directors of JSE-listed Redefine Properties, with effect from August 31. Wainer will remain available to the Redefine team in an advisory capacity while pursuing outside interests within the property sector.

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Policy implementation a key challenge

Legislative body Council for the Built Environment (CBE) will host its third Transformation Indaba, themed Breaking the Barriers, to address the lacklustre implementation of transformation policies within the built environment professions. The event will be held on October 9 and 10, at Diep in die Berg, in Pretoria.

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Cesa aims to fix ‘leaky pipeline’

Industry association Consulting Engineers South Africa (Cesa) has established a gender diversity forum to table issues of gender inequality among its member companies to address, among other challenges, the issue of qualified women leaving the sector and factors affecting their progression in companies. “We do see a positive shift in terms of younger women being in engineering, but part of the systemic problem is the ‘leaky pipeline’ phenomenon,” Cesa gender diversity forum chairperson Jeshika Ramchund tells Engineering News.

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Steel industry calls for more women to participate

The need for increased flexibility in the steel industry to accommodate women’s needs, greater visibility of women working in the sector and higher levels of creativity were key concerns raised at the South African Institute of Steel Construction (SAISC) Women in Steel event held in Woodmead earlier this month. “There aren’t enough women in the industry, potentially because they don’t think it’s glamourous. However, I do think there is a lot of possibility for creativity in the steel industry. If women can embrace that, it’s quite an exciting industry to be in,” says newly appointed first female SAISC chairperson Nicolette Skjoldhammer.

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Carbon tax awareness leads to gas conversions, growth for company

Increased demand for converting to the use of natural gas from heavy fuel oils for energy solutions has led to opportunities for compressed natural gas supplier Virtual Gas Network. The introduction of the Carbon Tax Act in June this year has led to an increase in awareness in the industrial and mining sectors, and has encouraged companies that are active in these sectors to reduce carbon emissions using alternative fuels, says Virtual Gas Network MD Stephen Rothman.

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All Sterling Industrial Park units to be completed before year-end

A further four units at JSE-listed Growthpoint Properties’ R240-million Sterling Industrial Park development, in its Centralpoint innovation district, have been completed and the final two units will be completed before the end of the year. The first two units at the 27 000 m2 development are already occupied by Screamer Telecoms and Daming Aluminium.

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M&R order book nears R60bn with another R10bn added since July

Engineering and construction group Murray & Roberts (M&R) has added a further R10-billion to its order book, which stood at R46.8-billion at the end of July, and CEO Henry Laas believes the backlog could rise even further in the months ahead. At the end of July 2018, the group’s order book stood at  R30.1-billion.

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PPC restructuring to position group to take advantage of future growth

As efforts to stabilise the performance of its core operations continue, JSE-listed cement company PPC on Thursday said the restructuring of the group would position the business to take advantage of future growth. The restructuring of the head office would enable the alignment of the business to its operational requirements and enable PPC to focus on maximising its earnings before interest, taxes, depreciation and amortisation (Ebitda) in all the markets it operates in, while reducing financial leverage, it explained in a statement.

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Aveng nets R520m from disposals, says noncore sales to be wrapped up in 2020

Infrastructure and resources group Aveng reported on Thursday that it had secured R520-million from the sale of six noncore businesses, as well as other assets, and that the process of disposing its remaining noncore businesses would be completed during 2020. The three noncore businesses not yet sold include Trident Steel, ACS and Aveng’s mechanical and electrical unit.

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Major upgrades on Solomon Mahlangu Drive resume in Mamelodi

Major upgrades on Solomon Mahlangu Drive have resumed in Mamelodi the Gauteng Department of Roads and Transport said on Thursday. The upgrades resumed with the multi-million rand rehabilitation and upgrading project of Road K69 (Solomon Mahlangu drive – Phase 1) the department said.

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