From Creamer Media in Johannesburg, this is the Real Economy Report.

Sashnee Moodley: The Johannesburg Property Company invited media in June to view some of its property initiatives around the city, which includes the refurbishment of two heritage sites. David Oliveira tells us more.

David Oliveira:
On the first stop of the tour media were allowed to enter the iconic post office on Rissik Street. Engineering News caught up with the lead architect on the project Paradigm Architects’ James Wylie.

Paradigm Architects principal architect James Wylie:

David Oliveira:
Next on the tour was a stop at the Johannesburg Council Chamber, which was recently completed at a development cost of about R280-million.

The JPC is now involved in improving the appeal of the areas around the new council chamber to entice passers-by to spend time in a vibrant and safe environment.

Bayete Capital senior development manager Paul Spencer:

David Oliveira:
Finally, media got the opportunity to view the iconic Jabulani Amphitheatre, another heritage site, located on the grounds of the award-winning Soweto Theatre. The amphitheatre was the location where in 1985 Zindzi Mandela famously read her father Nelson Mandela’s letter to then South African President PW Botha.

Johannesburg Property Company project manager Betsy Malope:

Sashnee Moodley:

Other news making headlines:

Freight of components can be tracked
And, bearings, power transmission giant moves to 5 000 m2 site

To help control import costs and combat the volatile rand, import and working capital specialist Investec Import Solutions’ online client portal, BlueLink, offers a complete end-to-end view of the entire import transaction on one platform from order placement through to delivery.
Investec Import Solutions head of corporate accounts Dr Greg Cline

As part of its business strategy to re-engineer and optimise global operations, bearings and mechanical power transmission solutions provider Timken has opened a new facility in Gauteng.
Timken South Africa MD Kevin Holloway

Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.