Displaying items by tag: Economic growth

Transnet Capital Projects (TCP) – which is overseeing Transnet National Ports Authority’s project to reconstruct the quay walls and deepen berths at Maydon Wharf – recently achieved a safety milestone of 1 000 000 Man Hours without a Lost Time Injury (LTI) on the Reconstruction and Deepening of Maydon Wharf Berth 1- 4, 13 &14  Project.

Johannesburg, November 2015- Infrastructure can only benefit future generations and contribute to development if it is sustainable.

Published in Construction Industry
Thursday, 26 November 2015 20:55

Transnet’s R800 million makeover for City Deep

State-of the art upgrade is the latest advance in the company’s drive to swing freight from road to rail.

The City of Joburg has begun rolling out a massive road and bridge upgrade programme in order to improve mobility, lower the cost of doing business, and reverse the apartheid legacy of spatial segregation in the city.

Published in Construction Industry

Joburg's inner city regeneration drive will receive a massive boost over the next three to five years, following the launch of a R5-billion project to build a new precinct in the CBD to house the offices of the Gauteng Provincial Government.

The six months to 31 August 2015 saw Calgro M3 continue its strong performance as headline earnings per share rose 29.98% to 66.25 cents, profit after tax increased to R84.2 million  and earnings per share rose 18.52% to 66.25 cents.

Published in Construction Industry

Over a two day period, issues impacting the construction industry and its sustainability both within South Africa and on the rest of the continent were addressed by experts from a variety of sectors.

Published in Construction Industry

According to Ross Stembridge, Building Services Manager: "The economy of Newcastle is showing improvement in the third quarter of this year."

Published in Construction Industry

South African citizens wanting to study towards obtaining a qualification in the transport, engineering and built environment fields have until 30 September 2015 to apply for a Masakh’iSizwe bursary from the Western Cape Department of Transport and Public Works.

More job losses in construction are likely, with executives in the sector predicting it will continue to suffer the effects of slow economic growth and falling commodity prices during the next financial year.

Published in Construction Industry
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