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Industry News

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Aveng Strabag Joint Venture to appeal ruling on calling of Mtentu bridge bonds

The Aveng Strabag Joint Venture (ASJV) reported on Friday that it would appeal the dismissal of an urgent application, lodged by the ASJV in February, seeking to prevent the South African National Roads Agency Limited (Sanral) from making a call on the bonds relating to the Mtentu bridge contract, terminated due to force majeure. The […]

Dube TradePort set for R18bn expansion

The R18-billion expansion of one of two of KwaZulu-Natal’s special economic zones (SEZs), the Dube TradePort, is set to create hundreds of jobs as the province gears for yet another round of development for its Durban Aerotropolis precinct, KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala has said. At a media briefing earlier […]

Intervention needed to protect South Africa’s infrastructure projects

Urgent intervention is needed to protect infrastructure projects, investor confidence and the safety of professionals in the built environment, Association of South African Quantity Surveyors (ASAQS) member Yunus Bayat said on Friday, in response to reports of widespread “construction mafia” and gang-related activities on construction sites. “The Delangokubona Business Forum continues to intimidate foremen, project […]

Guinea risks ‘conflict and confusion’ with mining eviction policy

Civil society groups rejected Guinea’s first policy seeking to protect people displaced by mines and dams on Thursday, saying it would worsen poverty and conflict in the mineral-rich nation. Seven human rights and development organisations asked the government not to adopt the proposed national standards for relocating and compensating displaced communities, and to spend the […]

Exxaro terminates Group 5 contracts

Exxaro has decided to terminate its agreement with Group Five Construction subsidiary, Group 5 Projects, with effect from March 21, following Group Five’s announcement that it has embarked on business rescue proceedings. Exxaro in April 2017 appointed Group 5 Projects to build a new small coal plant as part of the Grootegeluk Plant 6 (GG6) […]

Growth strategy prompts innovation

Technologies design, production and marketing company Tesmec Group is constantly improving, adapting and evolving its machine concepts. Owing to its pursuit of a “glocal” growth strategy, this means that Tesmec is global, but at the same time they have a local presence in strategic areas of the world. Powered by WPeMatico