Displaying items by tag: Government

Friday, 06 May 2016 11:32

PIC to invest R70bn in SA’s development

The Public Investment Corporation (PIC) will put R70 billion towards developmental investments in the next few years to drive economic growth and job creation.

Published in Construction Industry

Thousands of motorists will soon enjoy a better travelling experience on the R316 between Caledon and Bredasdorp after a R102 million investment by the Department of Transport and Public Works in resealing this road. Roadworks started in May 2015 and are scheduled to be completed by mid-May 2016.

Wednesday, 04 May 2016 07:44

State housing scheme starts paying off

Government's controversial RDP housing scheme is making inroads into the housing backlog.

A group of 25 unemployed residents from Cornubia, the affordable housing development north of Umhlanga, and the nearby Blackburn informal settlement are learning the skills they need to find jobs as bricklayers in a public private sector partnership (PPP) involving Tongaat Hulett Developments and several government departments.

Tuesday, 19 April 2016 11:13

New Development Bank approves first loans

The New Development Bank (NDB) has approved its first set of loans worth US $811 million, which will go towards supporting renewable energy initiatives.

Published in Construction Industry
Wednesday, 13 April 2016 18:38

Tenders to be advertised on e-portal

The Office of the Chief Procurement Officer says all tenders advertised by government will soon only be advertised in government’s eTender portal.

The Consulting Engineers South Africa (CESA) Bi-annual Economic and Capacity Survey for the period July to December 2015, just released indicates that times are tough and getting tougher with industry confidence the lowest in 16 years.

Published in Construction Industry
Friday, 01 April 2016 12:55

Gauteng set to double target for housing

Gauteng local government and housing MEC Paul Mashatile expects clean cities, functioning traffic lights, smooth tarred roads and housing development projects from the province’s mayors.

Published in Construction Industry

A R6.2 billion new Gauteng housing project – the Leratong City integrated nodal development – is set to get under way in Leratong, Mogale City in a joint development by McCormick Property Development, Calgro M3 and Sasuka Logistics Services.

Published in Construction Industry

With the construction sector resembling a sort of rubble, what with all the majors on their knees as the chickens come home to roost and some worth a fraction of the values they boasted before the lid was lifted on collusion, affordable housing firm Calgro M3 is worth a look.

Published in Construction Industry
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