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Construction

Fairvest posts income growth, lower vacancies
29th November 2023 By: Marleny Arnoldi

JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company... 


Building sector business confidence index reaches eight-year high
29th November 2023 By: Tasneem Bulbulia

The FNB/BER Building Confidence Index, which measures sentiment in the building sector, increased to an eight-year high of 43 (a gain of nine index points) in the fourth quarter of this year. The... 


Finding immediate steel alternatives a concern as AMSA prepares to wind down longs unit
29th November 2023 By: Terence Creamer

ArcelorMittal South Africa (AMSA) has indicated that it will enter discussions with buyers of its noncommodity long-steel products in an effort to limit the disruption that is set to arise because... 


Vukile increases full-year guidance on the back of strong interim performance
29th November 2023 By: Tasneem Bulbulia

JSE-listed Vukile Property Fund achieved a 10% increase in its cash dividend to 52.1c a share and a 5.2% growth in its funds from operations (FFO) to 85c apiece for the six months ended September... 


Gore warns of ‘plateauing’ pace of delivery on power, logistics, crime reforms
29th November 2023 By: Terence Creamer

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 


ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
28th November 2023 By: Terence Creamer

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 


Attacq on track to deliver 2024 year-end dividend growth guidance
28th November 2023 By: Darren Parker

Real estate investment trust Attacq is on track to deliver its 2024 financial year guidance for dividend a share growth of between 8% and 10%, CEO Jackie van Niekerk told investors at the company’s... 


Showroom

John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Construction Sub-Sectors

More in Construction:

Green Building

Emerging markets need $1.5tr to make buildings greener - World Bank's IFC
25th October 2023 By: Reuters

Emerging markets will need $1.5-trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions, a top economist at the... 


EPR regulations positive for waste reduction
6th October 2023 By: Bridget Lepere

The amended Extended Producer Responsibility (EPR) regulations, instituted in November 2020, require product importers and manufacturers in the packaging industry to contribute towards the... 


WBHO makes strong return, warns of potential contractor shortage for IPP jobs
29th September 2023 By: Irma Venter

Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.” 


Schneider rejoins GBSA to advance low-emissions office buildings
27th September 2023 By: Marleny Arnoldi

Automation and energy management company Schneider Electric has rejoined the Green Building Council of South Africa (GBSA). The company says the move confirms its commitment to promoting and... 


New inverter, battery solutions distributed
21st September 2023 By: Halima Frost

Energy technology provider Midea Energy Solutions, a product division of global appliance and air conditioning manufacturer Midea, has partnered with local distributors Livance Distributors and... 


WBHO makes strong return, warns of potential contractor shortage for IPP jobs
13th September 2023 By: Irma Venter

Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.” 


R1.2bn Fynbos development set to be Africa’s first biophilic building
31st August 2023 By: Irma Venter

Construction on The Fynbos development is set for completion at the end of next year, with the first apartments ready for occupation in early 2025. The R1.2-billion building is located in Bree... 


Infrastructure

75 MW Umoyilanga hybrid project reaches financial close under much-delayed risk-mitigation round
30th November 2023 By: Terence Creamer

The Umoyilanga hybrid renewables-battery project, which will supply 75 MW of dispatchable electricity daily from 05:00 to 21:30 when built, has officially achieved commercial and financial close... 


Gore warns of ‘plateauing’ pace of delivery on power, logistics, crime reforms
29th November 2023 By: Terence Creamer

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 


ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
28th November 2023 By: Terence Creamer

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 


3 500 jobs at risk as ArcelorMittal mulls closure of longs units at Newcastle, Vereeniging
28th November 2023 By: Terence Creamer

Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and... 


Black Friday loadshedding triggered by depletion of reserves and heat-wave demand spike
24th November 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa attributed the “unwelcome” ramp up in the intensity of loadshedding to Stage 6 to a need for Eskom to rebuild its emergency reserves that had been... 


Contractors urge dialogue on the back of 88 liquidations
24th November 2023 By: Irma Venter

Contract changes within the construction industry and conditions that are slashing margins are becoming a growing threat to contractors, “contributing to the downward spiral of the construction... 


Renewables bodies await publication of Eskom’s curtailment framework
23rd November 2023 By: Terence Creamer

The associations representing the wind and solar sectors as well as independent power producers (IPPs) more generally are eagerly awaiting a proposed curtailment addendum to Eskom’s Grid Connection... 


Materials & Equipment

Contractors urge dialogue on the back of 88 liquidations
24th November 2023 By: Irma Venter

Contract changes within the construction industry and conditions that are slashing margins are becoming a growing threat to contractors, “contributing to the downward spiral of the construction... 


PPC reports higher interim revenue, earnings
20th November 2023 By: Schalk Burger

JSE-listed cement and construction materials company PPC has reported a 20.9% year-on-year increase in revenue to R6-billion for the six months ended September 30.  Its earnings before interest,... 


Barloworld expects slowdown in mining equipment sales as commodity cycle cools
20th November 2023 By: Irma Venter

Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are... 


PPC to sell its stake in Rwanda business
17th November 2023 By: Schalk Burger

JSE-listed construction materials supplier PPC has concluded an agreement to sell its 51% shareholding of Rwandan integrated cement manufacturer Cimerwa for $42.5-million to Kenya-based National... 


Concrete manufacturer reopens manufacturing plant
17th November 2023 By: Sabrina Jardim

Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned... 


PPC's shares rise on expected rise in earnings
9th November 2023 By: Creamer Media Reporter

Cement manufacturer PPC's share price on the JSE rose by nearly 9% on November 9, after the company reported an expected swing to earnings a share for the six months ended September 30. The company... 


Commission recommends tribunal approve Afrimat's proposed buyout of Lafarge but with conditions
6th November 2023 By: Creamer Media Reporter

The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction whereby Afrimat intends to acquire Lafarge, with conditions. The commission found that the... 


Property

Contractors urge dialogue on the back of 88 liquidations
24th November 2023 By: Irma Venter

Contract changes within the construction industry and conditions that are slashing margins are becoming a growing threat to contractors, “contributing to the downward spiral of the construction... 


Spear breaks ground on George Airport Business Park light industrial, logistics hub
17th November 2023 By: Schalk Burger

JSE-listed real estate investment trust Spear has broken ground on its R400-million investment into the Airport Business Park, in George, in the Western Cape. The 19.5 ha development will provide a... 


Emira’s interim distributable earnings dip by 18% on one-off events
16th November 2023 By: Marleny Arnoldi

JSE-listed Emira Property Fund has posted an 18% year-on-year decrease in distributable earnings of R310-million for the six months ended September 30, mainly owing to disposals and lower income... 


Dipula grows revenue, NAV and portfolio value, but distributable earnings decrease
15th November 2023 By: Schalk Burger

JSE-listed real estate investment trust Dipula Income Fund increased its revenue by 3% year-on-year to R1.4-billion and its net asset value (NAV) by 2.1% year-on-year to R6.1-billion for the... 


Equites successfully raises R500m, to reduce debt, debt costs and LTV
14th November 2023 By: Schalk Burger

JSE-listed real estate investment trust Equites has raised R500-million through the public auction of a five-year listed senior unsecured floating rate note in the South African debt capital... 


Liberty finalises buyout of L2D shares
14th November 2023 By: Schalk Burger

Financial services firm Liberty has finalised the acquisition of real estate investment trust Liberty Two Degrees' (L2D's) minority shares at R5.55 a share and terminated the listing of L2D shares... 


Peikko completes Reserve 5 factory, warehouse columns in Cape Town in one week
10th November 2023 By: Schalk Burger

Precast construction company Peikko South Africa completed the columns for the 5 100 m² Reserve 5 factory and warehouse project, in Cape Town, for Cream Properties in one week. The factory and... 


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