Industry News

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Richard’s Bay IDZ gate wins AfriSam-SAIA sustainable architecture award

The Richard’s Bay Industrial Development Zone (RBIDZ) entrance gate in KwaZulu-Natal has won a seminal sustainable design award, in the sustainable architecture category, at the biennial AfriSam-South African Institute of Architects (AfriSam-SAIA) Awards for Sustainable Architecture and Innovation, which were held on Friday, in Cape Town. The fluid concrete form of the building is a […]

Raubex rightsizes road rehab division as lower Sanral work volumes bite

JSE-listed Raubex Group continued to experience challenging conditions in the South African construction industry in the six months ended August 31, particularly in the road construction sector, reporting a 57.4% decline in operating profit to R157-million, compared with the R370-million profit recorded for the first half of the 2018 financial year. The low volume of […]

Three Joburg properties open for public tender as part of inner city rejuvenation

The City of Joburg (CoJ) has released information about three inner city properties that are now open for public tender by potential developers, as part of its inner-city rejuvenation project that comprises over 80 buildings and plots for renovation. This project aims to fulfil the city’s vision of turning Johannesburg into a construction site. Powered […]

Legaro’s 78 Corlett drive building achieves highest green star rating

Lifestyle and commercial property developer Legaro has been given an award for developing South Africa’s highest-rated green building, 78 Corlett drive, in Melrose North. The award was presented at the Green Building Council of South Africa’s (GBCSA’s) eleventh Green Building Convention gala dinner earlier this month. Powered by WPeMatico

City of Cape Town delays decision on social housing project

The Cape Town City council was scheduled on Thursday to announce its decision on the sale of City-owned land to housing non-profit organisation Communicare for redevelopment for social housing, GroundUp has reported. But the decision was pushed back to the next council meeting because “the DA caucus has some queries around the technical aspects of […]

LafargeHolcim cuts full-year earnings forecast as costs bite

LafargeHolcim increased its sales outlook for 2018 but reduced its profit expectations as the world’s largest cement maker reported better-than-expected earnings during its third quarter. The Swiss company said on Friday it now expected annual sales to grow in the 4% to 6% range, up from its previous expectation of 3 to 5%. But higher […]