Entries by Creamer Media

Extruder offers higher casting speed

A new model of extruder for hollow-core slab production, has been introduced. The new machine will offer high casting speed, second generation automatic compaction control and bouncing prevention. In addition to the standard hollow-core slab production, the new design of the machine will also enable casting of a variety of precast slabs. Precast concrete offers […]

Stenprop acquires two industrial estates in UK

Dual-listed property investment company Stenprop has acquired two industrial estates in Glasgow and Wolverhampton, in the UK, in separate transactions, for £7.1-million. The first of the two new estates is the Western Campus at the Strathclyde Business Park, in Glasgow, which was acquired from Central Assets for £4.6-million and reflects a net initial yield of […]

Zimbabwe cancels deal with Transnet JV to recapitalise state rail firm

Zimbabwe has cancelled a deal struck with South African logistics group Transnet and its partner to recapitalise State-owned National Railways of Zimbabwe (NRZ), citing a failure to meet timelines and funding issues, a government official said. The joint venture of Transnet and Diaspora Infrastructure Development Group (DIDG), a consortium of Zimbabwean investors living abroad, won […]

Any further delay to IRP approval will increase load-shedding risk, Busa warns

Amid a return of the load-shedding spectre, Business Unity South Africa (Busa) has called for the urgent finalisation of a “least-cost and least-regret” Integrated Resource (IRP), which it describes as the first step towards the stabilisation of the country’s electricity sector. Cabinet is expected to consider the IRP at its October 16 meeting. Powered by […]

Cement industry continues battle to ‘level the playing field’

Faced with an influx of cheap imports, the cement industry is now taking its case to Parliament after it appealed to the Department of Trade, Industry and Competition’s (DTIC’s) International Trade Administration Commission of South Africa (Itac) for support in the form of tariffs. Industry spokesperson and The Concrete Institute (TCI) MD Bryan Perrie will […]