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Industry News

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Solidarity starts construction on new Sol-Tech campus in Pretoria

Trade union Solidarity on Friday started construction on its Sol-Tech campus, in Kloofsig, Pretoria. The R300-million campus and residence development is being undertaken by Kanton – Solidarity Movement’s new property investment company – and is expected to open in January 2021. Powered by WPeMatico

A water crisis is making things even worse in Zimbabwe

Trudging home along a dusty street in the Zimbabwean city of Bulawayo, Sikhathele Ndlovu balances a 20-liter bucket of water on her head, a ritual she’s performed daily for almost a decade. Persistent drought on top of existing faulty piping means there’s little prospect of an end to her back-breaking trek to the communal borehole. […]

George Municipality progresses with Garden Route dam wall raise

George Municipality on Thursday confirmed that the raising of the Garden Route dam spillway and wall was on track for completion by March next year. The project started in May and the municipality reported that concrete for the first two sections of the spillway footing had been placed. Powered by WPeMatico

Corporate power deals expected to add impetus to South Africa’s future wind-energy demand

The South African Wind Energy Association (SAWEA) is anticipating that bilateral power purchase agreements (PPAs) with corporates and municipalities could add further impetus to domestic demand for wind energy and that a shift to such deals is likely to gain momentum once Eskom’s transmission and system operator functions are unbundled from the utility. SAWEA chairperson […]

Shareholders vote in favour of Group Five business rescue plan

Business rescue practitioners (BRPs) Dave Lake and Peter van den Steen on Wednesday presented the business rescue plans for Group Five Construction (G5 Construction) and Group Five Limited (G5) to shareholders and received an “overwhelming positive vote of confidence” from shareholders. The business rescue processes for these entities are two legally separate proceedings, with two […]

Sanral applies to negotiate with unsuccessful bidders on Mtentu bridge contract

The South African National Roads Agency Limited (Sanral) has applied to National Treasury for permission to negotiate with the  previously prequalified, but unsuccessful bidders, to complete the Mtentu bridge contract. Failing this, the project will be re-tendered, says Sanral southern region manager Mbulelo Peterson. Powered by WPeMatico