The proximity of two iron ore companies on either side of a railway line in the northwest of the Republic of Congo will likely result in consolidation in the future, says Equatorial Resources CEO John Welborn.

Ground has now been officially broken on Palm Lakes Retirement Village, signalling the start of the next phase of development for Royal Palm Property Holdings' family lifestyle estate, Palm Lakes.

Tuesday, 10 December 2013 10:39

Fitch downgrades Aveng

Fitch Ratings downgrades Aveng's national long-term rating to A (zaf) from A+ (zaf). 

Published in Construction Industry
Monday, 09 December 2013 09:48

Construction sector set to turn corner

Business updates by construction firms show their order books have generally bulked up or remained stable.

Published in Construction Industry

The business community is concerned by what it calls policy uncertainty and 'inconsistencies'‚ including labour legislation.

Wednesday, 04 December 2013 10:16

SA construction industry takes a dip

Construction industry has taken a dip since the boom brought on by the 2010 Soccer World Cup, says PricewaterhouseCoopers.

Published in Construction Industry
Monday, 02 December 2013 07:11

Premier launches R1.5bil development project

Development has come to the community of Ndumo, located between KwaZuluNatal and Mozambique, in the form of the R1.5 billion Inkululeko Development Project.

The Master Builders Association of the Western Cape (MBAWC), a registered trade association for employers in the building industry, has welcomed the Infrastructure Development Bill that was recently introduced to Parliament by Minister of Economic Development, Ebrahim Patel.

Published in Construction Industry
Thursday, 28 November 2013 15:24

SA infrastructure roll-out 'will be better run'

Government's major infrastructure programme is likely to be better co-ordinated and to take place over a longer time frame than projects before the 2010 World Cup, says Group Five CEO Mike Upton.

Published in Construction Industry
Friday, 15 November 2013 12:47

Proposed infrastructure law introduced

A proposed law meant to fast-track the implementation of the government's infrastructure development plan was introduced in the National Assembly by Economic Development Minister Ebrahim Patel on Wednesday.

Published in News
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