weekend property & construction news · 2010 african quantity surveyors conference we are...
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Weekend Property & Construction News
file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/061110.htm[2012/10/15 09:21:55]
Weekend 06 / 07 November 2010Circulation : exceeds 5,000 subscribers
Property and Construction related articles featured on the Internet during the past week brought to you by ASAQS.Editor: Bert van den Heever
News specific to the quantity surveying profession is reflected at the bottom of this newsletter. Click on the blue headlineif you wish to read the full article on the Internet.
Past issues of this newsletter can be found at http://www.asaqs.co.za/news/e_newsletter.htmll
Quantity Surveying News
Construction and DevelopmentNewsRetail Roundup
Newsflashes for Architects
Project Management News
Engineering News
News for Estate Agents andHome OwnersLatest property news
Business Incentives
News from Africa
Mining News
Green Building News
The Agent's tool kit
Building Terms
Weekly Economic Indicators
Key Economic Indicators
Free Contracts
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ASAQS NEWS
APPOINTMENT OF NEW MINISTER OF PUBLIC WORKS
The newly appointed Minister of Public Works is Minister GWEN MAHLANGU NKABINDE. The ASAQShas already sent her a message of congratulations to wish her well in her new position. To view a copyof that letter of congratulations to the Minister, please click here.
2010 AFRICAN QUANTITY SURVEYORS CONFERENCE
We are pleased to advise that the Association of South African Quantity Surveyors Conference "Africathe Ultimate Investment Challenge" held on 28th and 29th October 2010 at the Radisson Blu Hotel,Granger Bay, Cape Town has been successfully concluded and the event was considered by most tohave been a great success.
The conference hosted around 150 national and international delegates, of which around 35 delegateswere visitors from other African countries. As the theme of the conference would indicate, the speakerswere focused on aspects of how local practitioners could take up challenges as to how to extend theirarea of business into the Africa continent, with all its challenges and opportunities.
A total of twelve key note addresses were made by respected national and international speakers onsubjects pertaining to investment in Africa. It should be noted that electronic copies of thesepresentations will soon be available to everyone on the dedicated ASAQS Conference 2010 website.
A highlight of the conference was a gala banquet at the Mount Nelson Hotel at which awards forexcellence in the Quantity Surveying Profession were presented – refer separate report above.
Our appreciation goes out to all the speakers, delegates and stakeholders who have made theconference the success that it was. A further special thanks must go to the members of the WesternCape Chapter Organising Committee, headed by the following persons:
Weekend Property & Construction News
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• Mrs Ann Roese• Mr Patrick Waterson• Mr Deon Vermeulen• Mr Pierre du Plessis.
We thank them for their efforts and superb arrangements.
Please click here to view a collection of photographs taken during the congress
FOUR MEMBERS RECEIVED SPECIAL AWARDS
During the Gala Dinner of the ASAQS held at the Mount Nelson Hotel in Cape Town on Thursday 28October 2010, four achievement awards were made to members of the ASAQS for their respectiveachievements. To find out who received these awards please click here.
MERGING OF BEPMEDS WITH TOPMED MEDICAL SCHEMES
In our October 2009 communique we advised that "The medical schemes industry in South Africa isfacing a challenging and uncertain future." The Trustees of BEPMEDS wish to inform you of furtherdevelopments unfolding in the industry in general, and also within the BEPMEDS scheme in particular.
Government has announced its plans for a National Health Insurance (NHI) scheme, which aims toprovide all South Africans with access to quality health services that will be free at point of service.
Medical schemes have been under increasing pressure from the Council for Medical Schemes (CMS)to accumulate sufficient reserves to meet the benchmark requirement of 25%. BEPMEDS is nowcompleting its 8th year in business, having been established to meet the specific professional needs ofthe three founding professional associations - ASAQS, CESA and SAIA. Whilst BEPMEDS is financiallystable, with reserves of around 13.5%, as has happened with many similar sized schemes, the CMShas instructed BEPMEDS to merge with a suitable partner.
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SPONSOR WINS INTERNATIONAL AWARD
Always striving to achieve nothing but the best for them as a company and for them as a team, B&TSteel are doing everything within their power to make sure that they are redefining steel construction.Whether it is setting new standards in health and safety or importing cutting-edge machinery, everygoal B&T put out for themselves gets achieved, thus it comes as no surprise that the companyachieved a five star NOSA rating in just eight months. On the 16th July 2010, they won two awards atthe prestigious NOSA awards ceremony and on the 9th September 2010, B&T won the InternationalAward at the NOSHCON banquet in the Drakensberg. Click here to read on...
Weekend Property & Construction News
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ANNOUNCEMENT OF FORTHCOMING CONGRESSES / CONFERENCES
In order to assist members to plan their diaries this year in terms of forthcoming congresses andconferences they may wish to attend, we publish the preliminary dates of some of these congresses foryour attention :
PAQS Congress 2011• July 2011 - Colombo, Sri Lanka
ICEC World Congress 2012• 23 to 26 June 2012 – Durban, South Africa
PAQS Congress 2012• July 2012 - Brunei
Members are encouraged to plan ahead and to support these conferences/congresses !!
CLASSIFIEDS
Quantity Surveyor/Estimator Ref# 580/TMA Construction Company/Property Developer seeks a candidate to perfom the following functions:- Create BOQ and set allowable for the Property Development Division.- Estmating/tendering for the Construction Division.The ideal candidate must enjoy measuring as this job entails a lot of measuring.Browse to Classifieds for full details.
Junior QSI am a 26 year old male from Pietermaritzburg, currently residing in Durban, seeking employment. Ihave an National Diploma in QS from Mangosuthu university of Technology and have two yearsexperience working as a QS and Project Manager.
Quantity surveyor/project managerI am a 25 year old female from Pretoria, seeking employment. I have an Honours Degree in QS fromThe University of Pretoria and have two years experience working as a QS and Project Manager. Ihave experience in the areas of financial administration on construction projects, site inspections,conducting weekly site meetings, compilation of cost and progress reports, etc.
Junior QS seeks post in JHBI am a female Junior Quantity Surveyor with some PrQS,site and project managment experienceseeking a junior post in pref PQS firm in Johannesburg. I have a valid drivers licence and my own carand am willing to travel. I am eager to learn and very dedicated
Seasoned Quantity Surveying StaffWe seek qualified QS Candidates aged 55+ who are unfortunately considered too old to attract
Weekend Property & Construction News
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employers but feel that they are much too young to consider retirement. Browse to Classifieds for fulldetails.
Junior QSI am currently finishing my B.Sc Hons in Quantity Surveying at the University Of The Free State. I ammoving to Cape Town and I am looking for a job as a junior Quantity Surveyor. I have goodcommunication skills, am a hard worker and loyal. I also work well with people. My e-mail address [email protected] if u need my CV and any other information.
QS - Civils exp.A Leading Civil Construction Company in Johannesburg is experiencing unprecedented growth andseeks to appoint competent persons in the Gauteng area. Browse to Classifieds for full details.
QS - Min 5 yearsBusy Company in Johannesburg seeks experienced QS’s with Minimum 5 years constructionexperience and someone who will be able to run projects independently. Browse to Classifieds for fulldetails.
Building ContractorA Well Established Building Contractor in Gauteng requires a QS with minimum 5 yrs experience onhigh profile civil projects. Browse to Classifieds for full details.
Construction QSOur client requires the services of a Construction QS to join some of their exciting projects in Gauteng.Browse to Classifieds for full details.
Pr.QSSuccessful and innovative PQS firm in Johannesburg North seeks a Pr.QS (BSc preferably) who ismotivated, has 6 – 10 years experience and is registered. Browse to Classifieds for full details.
QUANTITY SURVEYOR - BotswanaAre you a qualified (BSc or ND QS) and experienced (minimum 10 yrs) QUANTITY SURVEYORcapable of running a large (over 100 million) building contract? Browse to Classifieds for full details.
SENIOR QUANTITY SURVEYOR - BuildingQUANTITY SURVEYOR required for building contractor / property developer in Johannesburg. Browseto Classifieds for full details.
Professional Quantity Surveyor - MiningProgressive PQS firm is seeking and experienced Quantity Surveyor to join their mining division.Browse to Classifieds for full details.
Pr.QSA prominent PQS Firm in Midrand has an opening for a Professional Quantity Surveyor. Suitablecandidates must have a BSc Quantity Surveying qualification, be professionally registered and have atleast 6 years experience in a PQS firm. Browse to Classifieds for full details.
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Construction QSA well established Building contractor requires QS with minimum 8 yrs experience on high profilebuilding projects. Browse to Classifieds for full details.
And many more! Browse to Classifieds for more job opportunies.
Need quantity surveying personnel? The best way to advertise your vacancies are in the Classifiedssection on the ASAQS website - it's absolutely FREE! Adverts submitted to the Classifieds are alsoincluded in this newsletter. We also have a number of employment consultancies as sponsors, pleasesee their adverts at the top of this newsletter.
CALENDAR
8 / 9 November 2010
Event: A 2 Day Workshop on the FIDIC Contract DocumentsTime: 8:00am-4:45pm ESTInformation: This workshop will trace the contractual process from pre-tender stage to
taking over, where the FIDIC contracts are used. We will not only considerthe FIDIC general conditions of contract but will also discuss pre-awardissues.
Contact: Norah [email protected]
8 / 9 November 2010
Event: Project Control 1st Step towards Cost Engineering WorkshopTime: 8:00 amInformation: First step to an International Qualification in Cost Engineering.Contact: Patricia Smith [email protected]
10 November 2010
Event: NEC - the Short Contract - morning moduleTime: 8:30am-1:00pm ESTInformation: A half day seminarContact: Norah [email protected]
Weekend Property & Construction News
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What you get :
10 November 2010
Event: NEC 2 compared with NEC 3 - Morning ModuleTime: 8:30am-1:00pm ESTInformation: A half day seminarContact: Norah [email protected]
11 November 2010
Event: COMMERCIAL NEGOTIATIONS FOR PROFESSIONALS One Day InteractiveWorkshop PRETORIA
Time: 8.30 - 4.00Information: All day seminarContact: Heather [email protected]
11 November 2010
Event: NEC 2 compared with NEC 3 - Morning ModuleTime: 8:30am-1:00pm ESTInformation: A half day seminarContact: Norah [email protected]
12 November 2010
Event: COMMERCIAL NEGOTIATIONS FOR PROFESSIONALS One Day InteractiveWorkshop JOHANNESBURG
Time: 8.30 - 4.00Information: All day seminarContact: Heather [email protected]
Remember : Visit the ASAQS website for new updates!
Please note : Only paid-up members of the Association of South African Quantity Surveyors areallowed entrance to the CUG. We still receive a number of applications every month from non-members. If you have any questions regarding membership contact ASAQS on 011-3154140.
Weekend Property & Construction News
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Banner adverts on theASAQS website (675,000hits/month!)A Mini-ad on the ASAQSwebsite and on theWeekend Property andConstruction News (4,750+subscribers)Preferential exposure of yourproducts and servicesTargeted marketing at onlyR484.50 (inclusive) permonth
Don't wait, we only have a limitednumber of slots left. Click here todownload the sponsorship form orcontact Bert van den Heever theASAQS Webmaster
Also note that your registration to the CUG will remain in force as long as you remain a member ofASAQS and there is no need to register every year. If you have not received an e-mail confirming yourregistration contact ASAQS.
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CONSTRUCTION AND DEVELOPMENT NEWS
Factors influencing office investmentsLocation, public management, efficient utilization of space, lease dynamics and timing are just some ofthe key aspects to consider when investing in this sector.(©www.eprop.co.za)
Construction Industry Outlook – No Recovery on SiteThe construction industry is facing one of the most difficult periods it has over the last 10 years, and isnot showing any signs of recovery.(©www.constructionreviewonline.com)
R100 million affordable housing development in Pretoria NorthThe development, known as Gallaway Manor, is to be constructed by Gallaway Manor PropertyDevelopment (Pty) Ltd, a property development company established by The Anderson Trust in1995.Prices will range from R290 900 for a 30m² bachelors unit to R599 900 for an 88m² threebedroom, two bathroom home. Units will be sold fully fitted with concrete roof tiles, built-in cupboards,wooden windows, kitchen units with granite work tops, ceramic floor tiles, standard sanitary ware andcurtain rails. (©www.eprop.co.za)
Moses Mabhida Stadium scoops limelight at MBA awards eventThe Master Builders Association of KwaZulu-Natal celebrated its 6th Excellence in Construction Awardsat a glittering ceremony held at the Sibaya Casino and Entertainment Kingdom recently.(©www.constructionreviewonline.com)
Inflation-hit Gautrain to open three months late due to 'pinch points' – Van der MerweThe second and final phase of the Gautrain, the link between Pretoria and Johannesburg, will only becompleted on June 27 next year, and not March 27 as originally planned, says Gautrain ManagementAgency CEO Jack van der Merwe. He says the delay is owing to project “pinch points”, such as theextensive dolomite (which can lead to sinkholes).(©www.engineeringnews.co.za)
Construction Review MagazineClick here to view the latest edition of this magazine(©www.constructionreviewonline.com)
NHBRC housing insurance receives flakThe operations and ambit of the National Home Builders Registration Council (NHBRC), which was setup 10 years ago to protect unsophisticated consumers against unscrupulous developers in the socialhousing context, urgently need to be reviewed and amended.(©www.eprop.co.za)
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Sectional title offices in Meyersdal to auctionA double storey office block with six sectional title units in the secure Woodhill Office Park goes toauction in November.(©www.eprop.co.za)
Tribunal to rule on Atterbury/Abacus mergerThe Competition Tribunal will rule on the proposed merger between Atterbury Investment Holdings andAbacus Property Holdings.(©www.eprop.co.za)
Consumers Protection Act could put the squeeze on propertyThe new CPA (Consumers Protection Act) poses many benefits to the South African public, however,the act itself does enforce legislation that could negatively affect landlords and property managersearning a living in the rental market.(©www.eprop.co.za)
Large industrial users seeking to expandCompanies requiring cold storage facilities and other large industrial users are showing an appetite forindustrial space in areas mainly around OR Tambo International Airport.(©www.eprop.co.za)
EMPLOYMENT CORNER
BUSINESS DEVELOPMENT MANAGER - BuildingMedium sized Construction Company seeking a Business Development Manager with strong marketing,sales, and communication skills who is able to develop good relationships with professional people andsecure work / tenders within the building construction industry. Experience within the constructionindustry and a proven record of business procurement is essential. Browse to Classifieds for full details.
Planner Buildings - Ref # 572/SFMajor building contractor seeks experienced planner to be based in JHB but to work on all projects inAfrica. Relevant building/Civils qualification to compile construction programmes using Primaveira P3,Suretrack or CCS Site Plan. Duties include Compile tender and project execution programmes,Resource programmes, produce baseline programmes and produce production monitoring data, Updatesite progress on programmes and produce progress reports, Compile as built programmes, Collateproduction statistics. Browse to Classifieds for full details.
Site AgentA prosperous construction company based in Cape Town urgently requires a Site Agent in PortElizabeth. Must be a qualified Civil Engineer (B.Eng), specialising in concrete structures and a trackrecord to back it up. Classifieds for full details.
Technical AdvisorOne of my big clients is looking for a Technical Advisor with a BSc Mechanical Engineering (preferred)or a BSc Electrical Engineering degree. 10 years experience in the built environment, Good at verbalcommunications, Literate and able to prepare reports, Building management experience, ExcellentMechanical knowledge. Classifieds for full details.
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GENERAL FOREMAN – Gauteng Building ContrThis is an opportunity to work for an exceptional building contractor in Gauteng. Browse to Classifiedsfor full details.
JUNIOR FOREMEN – Gauteng Building ConstrThis is an opportunity for a new building graduate. Browse to Classifieds for full details.
Senior Contracts Manager - MaputoPortuguese - speaking candidates ( ideally 40+) with at least a 10 year stable and successful trackrecord working as a Contracts Manager for the building company in a well-known construction groupand have clear evidence that they have the background, qualifications and drive to get to the top oftheir industry. Browse to Classifieds for full details.
Need construction personnel? The best way to advertise your vacancies are in the Classifieds sectionon the ASAQS website - it's absolutely FREE! Adverts submitted to the Classifieds are also included inthis newsletter. We also have a number of employment consultancies as sponsors, please see theiradverts at the top of this newsletter.
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RETAIL, HOTEL AND LEISURE ROUNDUP
Massmart - Walmart’s bid. What’s in the trolley?Speculation is increasing around the terms and conditions of Walmart’s bid to buy local retailerMassmart. This follows last week’s statement that the US giant may consider acquiring just 55% ofMassmart, rather than 100% as was initially proposed.(©www.fm.co.za)
New hotel for Gateway, DurbanWidely regarded as one of Durban's most significant growth hubs, the development of Umhlanga'sGateway precinct continues, with Grinaker-LTA on track to complete the construction of a new 148-room hotel here in March next year.(©www.eprop.co.za)
Highveld Mall expands in eMalahleniHighveld Mall, the only regional shopping centre in eMalahleni (Witbank), is set to expand to more than60,000sqm on the back of consumer and tenant demand.(©www.eprop.co.za)
Hotel investors keen on SA, stuck for fundingThe difficulty in raising funds to finance new hotel projects in SA and the rest of the continent has beenthe highlight of the agenda at the Hospitality Investment Conference Africa in Sandton.(©www.eprop.co.za)
Kuils River community shopping centre up for auctionThe River Park Shopping Centre in Kuils River will fall under the Auction Alliance gavel in November.(©www.eprop.co.za)
FREE CONTRACTS
Domestic EmploymentOffer to purchaseLease agreementAgreement of saleWillAn Agreement giving GeneralPower of AttorneyContract for Housing and MinorWorks
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R450m Mitchells Plain shopping centre extension nearing completionThe property development and management arm of the Liberty Group, Liberty Properties, plans to haveall aspects of its R450-million extension to the Liberty Promenade shopping centre, in Mitchells Plain,completed by March next year.(©www.engineeringnews.co.za)
Chain Store AgeYour new issue of Chain Store Age is now available by simply clicking here. Read your favorite retailbusiness magazine - fast and green - right on your screen. The DIGITAL EDITION delivers all thefeatures of our print publication straight to your email inbox. And best of all, it's FREE!(©www.chainstoreage.com)
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NEWSFLASHES FOR ARCHITECTS
Request for Information on Malpractise of Unregistered Persons - Submitting Plans to LocalAuthorities and MunicipalitiesThe South African Council for the Architectural Profession (SACAP) is a statutory body enacted by theArchitectural Profession Act No 44 of 2000. SACAP's primary mandate is to protect the public byregulating the architectural profession.
SACAP has received numerous complaints from both the public and the profession, regardingunregistered persons submitting plans to Local Authorities and the approval thereof. Three such caseshave been reported to the South African Police Services (SAPS) in the past two months and arecurrently under investigation.
In keeping with the Public Protection Mandate, SACAP will be conducting visits to Municipalities andLocal Authorities with the intention of conducting forensic investigations regarding this illegal practice.
SACAP requests the active participation of all Registered Persons, Voluntary Associations andstakeholders in providing any information that may assist in these investigations. Registered Persons,Voluntary Associations and Stakeholders may choose to remain anonymous in responding to thisrequest and any information submitted to SACAP may NOT be used in evidence and will remainconfidential.
Should you have any information that will assist SACAP in this endeavour, kindly submit in writing tothe Legal and Compliance Officer via email: [email protected] by no later than Friday, 12November 2010.
SACAP is engaging with the South African Police Services (SAPS) and National Prosecuting Authority(NPA) to assist with this process and remains committed to bringing about meaningful change to theprofession.(©www.sacapsa.com)
Design Informed: Driving Innovation with Evidence-Based DesignA guide for students and professionals who aspire to create places of beauty and purpose, Design
THE ASAQS WEBSHOP
Please note that the ASAQSwebshop is back on line for allyour document requirements.
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Informed reveals the evidence-based design approaches in use today.This practical, accessible book—for design professionals and students alike—is about design excellence and how to achieve it. Theauthors propose an evidence-based design approach that builds on design ingenuity with the use ofresearch in ways that enhance opportunities to innovate. They show the power of research data to bothreveal new design opportunities and convince stakeholders of the value of extraordinary work.(©www.aia.org)
Architecture.ZA2010 - South Africa's first Architecture Mega EventFrom 21-28 September, Johannesburg’s Newtown was galvanized into a hive of architectural activity asthe long awaited Architecture.ZA 2010 got underway. SAIA is proud to have hosted this ambitious,vibrant, pulsating and pioneering event. SAIA congratulates the entire organisational team for thepassionate efforts that went into the realization of the Mega-event. We also sincerely thank ourpartners, AfriSam, the Architects' Collective, Business Arts South Africa, the Cement and ConcreteInstitute, Corobrik, GIfA, SHIfT and the University of Johannesburg for their support and participation.We also thank all our sponsors. Without them, the reach afforded by the critical mass of the festivalwould not have been achieved.(©www.saia.org.za)
Great Buildings:Continental Train Platform, by Nicholas Grimshaw and Partners, at Waterloo Station, London, England,1993.(©www.greatbuildings.com)
EMPLOYMENT CORNER
Need architectural personnel? The best way to advertise your vacancies are in the Classifieds sectionon the ASAQS website - it's absolutely FREE! Adverts submitted to the Classifieds are also included inthis newsletter. We also have a number of employment consultancies as sponsors, please see theiradverts at the top of this newsletter.
Thanks to the PIA for some of the information published in this section - drop them a note [email protected] REMINDER OF THE PIA’S OWN WEBSITE FOR INTER-MEMBER COMMUNICATIONS, FORUMS,DISCUSSIONS, ETC. www.pia.org.za
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PROJECT MANAGEMENT NEWS
Towards Chartered Time ManagementChartered? Why Chartered? Time management is as old as the Magna Charta and hence ‘chartered’ isa traditional English expression denoting the procession of an official recognition. But we Yanks here inthe colonies have chartered schools, etc., so this is not a strange concept to us. Skilled Schedulers aretime managers who perform the full scope of: time planning, time scheduling, and time control-management. “Chartered” Time Management: a formal recognition, authorization, and approval of thetime planning, scheduling, and management in complex construction projects by a certified andexperienced person responsible for the ‘time’ aspects of projects.(©www.pmworldtoday.net)
EMPLOYMENT CORNER
Junior Project Manager - Ref # 579/TMJunior Project Manager 3 – 5 years experience on Large Commercial ProjectsMust have a Degree/Diploma in the Built Environment. Browse to Classifieds for full details.
Senior Project Manager - Ref # 578/TMProject Manager with 5 – 10 years experienceMust have experience in Process management (bottling/manufacturing/brewery plant construction)Must have a degree or diploma in the Built EnvironmentMust be Pr.CPM registered with SACPCMP. Browse to Classifieds for full details.
Senior Property Projects ManagerExperienced qualified Project Manager to oversee major building projects in Gauteng and EasternCape. Must be fully conversant on most Planning Programmes ( MS Projects, CCS, Primavera), be astrong charismatic leader with outstanding commercial and technical skills. Frequent report-writing,meetings management and regular liaison with Client will be necessary. Must be able to verify previoussuccess in a similar post over the past 10 years. Browse to Classifieds for full details
SNR PROJECT MANAGER – Sierra LeoneOne of the largest international contractors requires the services of a stand alone Snr Project Managerto manage a large roads projects in Sierra Leone. Browse to Classifieds for full details.
Need project managers? The best way to advertise your vacancies are in the Classifieds section on theASAQS website - it's absolutely FREE! Adverts for Project Managers submitted to the Classifieds arealso included in this newsletter. We also have a number of employment consultancies as sponsors,please see their adverts at the top of this newsletter.
VISIT SACPCMPSACPCMP was established to provide for statutory professional certification, registration and
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regulation of Project and Construction Management Professions in order to protect public interest andadvance construction and project management education.
To visit the The South African Council for the Project and Construction ManagementProfessions.... click here
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ENGINEERING NEWS
R15bn DBSA loan another key step in closing Eskom's funding gapState-owned power utility Eskom has described the R15-billion loan facility extended to it by theDevelopment Bank of Southern Africa (DBSA) as another important step in closing its remainingfunding gaps for a R550-billion-plus build programme to add some 12 300 MW to South Africa'selectricity-stressed network by 2017.(©www.engineeringnews.co.za)
Microdots become microthreads in an attempt to counter copper cable theftCopper cable theft is frustrating on many levels, but perhaps the most frustrating is when the police naba cable thief, only to find that they cannot prove that the copper in his possession is stolen.(©www.engineeringnews.co.za)
New range of environment-friendly concrete productsConstruction materials group AfriSam has announced the introduction of a range of environmentallyresponsible concrete products. These Eco Readymix products are application-branded, fit-for-purposeready-mix concretes, specific to the needs of various construction requirements, including foundations,surface beds, suspended slabs, columns and retaining walls.(©www.engineeringnews.co.za)
Sanral raises a further R500m for roads projectsThe South African National Roads Agency Limited (Sanral) said on Wednesday that it had raised afurther R500-million for the expansion and upgrade of toll roads, particularly the Gauteng FreewayImprovement Project.(©www.engineeringnews.co.za)
Eskom to publish grid-connection road map by year-endState-owned power utility Eskom is in the process of compiling a connection-capacity document toprovide private power developers with improved visibility of the immediate grid-connection options inSouth Africa.(©www.engineeringnews.co.za)
Lauding corporate project sustainabilityEngineering and environmental consultant SSI has recognised three projects for exceptional contributionto its corporate project responsibility (CPR) agenda, in its recent internal CPR awards.(©www.engineeringnews.co.za)
Mentoring seen as vital to bridging gap created by South Africa’s dearth of engineersThe Engineering Council of South Africa (ECSA) says that the country has about half the engineers itneeds to meet its development potential.
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(©www.engineeringnews.co.za)
EMPLOYMENT CORNER
Professional Civil Engineer / QSProfessionally qualified in the built environments (Engineer/QS etc) with 15 to 30 years exp with solidknowledge of the public sector (legislation, CIDB etc)to perform management support function toprovincial departments – planning, budgeting, M&E etc. Programme and Project Management skillsessential. Will be based in Pietermaritzburg full time for 30 months, Hourly rate negotiated based onseniority. Browse to Classifieds for full details.
Need engineers? The best way to advertise your vacancies are in the Classifieds section on theASAQS website - it's absolutely FREE! Adverts for Engineers submitted to the Classifieds are alsoincluded in this newsletter. We also have a number of employment consultancies as sponsors, pleasesee their adverts at the top of this newsletter.
From the Safcec newsletter:
Greenpoint Stadium First LightPictures of Greenpoint Stadium's First Light are available for view on our Western Cape Branch page.Have a look!
VISIT SAFCECSixty three years constitute two generations. The South African Federation of Civil Engineering Contractors has celebrated oversixty years of being the "midwife" of the development of South Africa. Its members were intimately involved in the creation of theinfrastructure that became the envy of our continent. In the same spirit, SAFCEC has prepared itself for the challenges awaiting us inthe new millennium.
To catch up on the latest news click here
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NEWS FROM AFRICA
IMF sees strong prospects for Zambia growthZambia's economy is expected to grow 6,6% this year on the back of a strong harvest and should growby a similar amount next year, an International Monetary Fund team said on Wednesday.(©www.engineeringnews.co.za)
VIRUS OR HOAX?In case you ever receive an e-mail containinga virus warning please check carefullywhether it refers to a real virus or a hoax.Usually e-mail warnings encouraging you toforward the information to all and sundry arehoaxes. You can make sure by visiting theVirus or Hoax? web site or by visiting thehoax list on Symantec
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Zimbabwe on track to grow 8,1% this year – finance ministerZimbabwe's economy is on track to grow by 8,1% this year and close to 10% in 2011, the financeminister said on Thursday. Zimbabwe was battered by a decade of economic contraction andhyperinflation, which reached 500-billion percent in 2008.(©www.engineeringnews.co.za)
Funding Metolong Dam and Water Supply ProgramThe European Investment Bank has confirmed its commitment to improving access to water and qualityof life in Africa with a EUR 140m loan for the EUR 282m Metolong Dam and Water Supply Program.(©www.constructionreviewonline.com)
Bamburi in UgandaLafarge Bamburi Cement has unveiled a new line at the Uganda based Hima Cement plant in Kasese,which is anticipated to increase output by 500,000 metric tonnes.(©www.constructionreviewonline.com)
Progress of the EAC HeadquartersNearly 20 per cent of the construction work on the new East African Community (EAC) headquarters inArusha has been completed, Phil Klerruu, EAC Senior Estates Management Officer, has said.(©www.constructionreviewonline.com)
Increasing cement productionNew Cimangola cement factory foresees to increase its production to 1.8 million tons, as from January2011, with the functioning of a new mill. It was announced by the head of the commercial division,Carla Marina Graça.(©www.constructionreviewonline.com)
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MINING NEWS
Gold Fields' output rises to highest since Q3 2008The world's fourth largest gold-miner, Gold Fields, on Thursday reported its highest quarterly productionin more than two years, producing 908 000 oz of gold in the three months ended September. This wascompared with the 898 000 oz of gold produced in the June 2010 quarter.(©www.miningweekly.com)
Directors of Zimbabwe diamond venture held for fraudHARARE – Zimbabwe police have arrested six directors linked to a joint venture mining diamonds inthe controversial Marange gem fields on allegations of fraudulently acquiring the concession, statemedia reported on Thursday.(©www.miningweekly.com)
Weatherly spending $12m to reopen Namibia minesNamibian base-metals-miner Weatherly International would spend $12-million on restarting andoperating its Central Operations, where production would resume in 2011.(©www.miningweekly.com)
BHP to consider options as Canada gives it 30-day appeal window
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It will be back to the drawing board for BHP Billiton if the diversified miner fails to convince Canadathat its offer for Potash Corp would be beneficial to the country. Canada blocked the $40-billion bid forthe Saskatchewan-based fertilizer company, but Industry Minister Tony Clement gave BHP Billiton 30days to come up with further proposals that could swing the decision.(©www.miningweekly.com)
Discovery seeks A$142m for Botswana copper projectBotswana-focused Discovery Metals would raise A$142-million through an institutional placement andrights issue to fund the development of its Boseto copper project.(©www.miningweekly.com)
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NEWS FOR ESTATE AGENTS AND HOME OWNERS
Deposit Protection with Private RentalsPrivate rentals have various advantages to both the tenant and owner. It cuts out the agent’s fee,meaning rent could potentially be slightly cheaper. Furthermore there is a direct line between the tenantand landlord, which could mean a quicker response when dealing with emergencies like brokengeysers.(©www.privateproperty.co.za)
Security Improvements That Add Value to Your HomeWhile all homebuyers have their own personal criteria on which they base their home buying decisions,there are a number of common concerns all South Africans share when it comes to choosing a home…Security is high on the priority list and this is reflected in the booming popularity of security estates inthe country.(©www.privateproperty.co.za)
How big should your home be?Unless they focus on what they need rather than on what they might want, homebuyers are quite likelyto end up with too much house. So says Harcourts Africa CEO Richard Gray, who notes: “In manycountries, there has already been a significant move away from suburban ‘palaces’ to more compacthomes that are more affordable, use less energy and are easier to maintain.(©www.privateproperty.co.za)
New East alive with additions and alterationsIn Faerie Glen and Garsfontein, which together account for a large chunk of Pretoria’s “New East”, newdevelopment is at a virtual standstill but additions and alterations are booming.(©www.privateproperty.co.za)
Don’t let divorce wreck your credit ratingGoing through a divorce is usually painful enough without discovering months or even years later thatyour “ex” has also ruined your credit rating. So says Harcourts Africa CEO Richard Gray, who notes:“Most people who are going through a divorce or a break up just want to get the experience over asquickly as possible, so they may not take the time to properly extricate themselves from joint financial
THE AGENTS' TOOLKITSelected RepaymentAffordability - “What loanamount do I qualify for?Bond Term - “How soon canI pay off my Loan?Monthly Repayment - Howmuch is my monthlyrepayment?Bond Costs - How much willmy bond cost be?Additional Payment - Whathappens if I pay extra eachmonth?Multiple Payments - Whathappens if I pay more thanonce per month?Estimated BuildingReplacement Cost
BUILDING TERMSDon't know your architraves from
your dados? Don't know yourflaunchings from your transoms? GET TO GRIPS WITH BUILDING
TERMS
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arrangements. “However this can have a really bad effect on their credit rating, and prevent them frombeing able to obtain a home loan or any other credit in future. We as estate agents come across thisdevastating situation all too often.”(©www.privateproperty.co.za)
Seasonal upturn in sales expectedWith just weeks to go until the start of the school holidays and the festive season, estate agents in theWestern Cape are looking forward to what is traditionally their peak sales period. Laurie Wener, MD ofPam Golding Properties Western Cape metro region, says there has already been an upturn in salessince late August, and that this is expected to pick up pace between November and February.(©www.privateproperty.co.za)
Make sure there’s no gap in your home insuranceYou probably check on your car and household contents insurance at least once a year, but what aboutthe policy covering damage to your home or its complete loss in the event of a fire, flood or othercatastrophe? If this has not been adjusted as the value of your home increased, you will most likely beunderinsured, which means that any claim you make will only be partially paid out, and that if you loseyour home to disaster, you may only be able to replace it with a much lesser property – although youwill still have to pay off the home loan on the original home. (©www.privateproperty.co.za)
Buy a house – but how?Paddy says how about getting developers, material suppliers and banks to stop profiteering - andaddress barriers of transfer fees and deposits...(©www.property24.com)
Prices of big houses fallingThe real price of large houses, ranging between 220 and 400sqm has fallen by 0,3% in the first tenmonths of this year according Absa’s House Price Index.(©www.property24.com)
Is the Vaal worth R150k a week?Vaal Dam properties range in price between R1,4m and R10m or you can buy a share of a property forR150k a week, setting you back R1,2m for eight weeks.(©www.property24.com)
Distressed properties – where are they?There is a large pool of properties on the market that are priced below market value and represent anexcellent return on investment. (©www.property24.com)
Ins and outs of buying off-planGet expert advice on what you need to know about buying into a new development – understand thepotential pitfalls and important contract clauses.(©www.property24.com)
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GREEN BUILDING NEWS
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Launch Of The Wood Foundation Promotes Green Building in South AfricaIn support of green building practices and the transformation to a greener built environment, SouthAfrica’s first official Wood Foundation has been launched to promote the generic uses of wood as oneof the few genuinely renewable building materials grown in sustainably managed forestry plantations.(©www.constructionreviewonline.com)
Competition encourages use of recycled plastic productsThe winners of the Plastics Federation of South Africa’s (PFSA’s) Enviromark and the South AfricanPlastics Recycling Organisation’s (SAPRO’s) first recycled plastics product competition were announcedon Recycling Day, on September 17(©www.engineeringnews.co.za)
Contractors support lead-free paintNew support for the South African Paint Manufacturing Association’s (Sapma’s) drive to remove paintscontaining lead from the coatings industry, has come from paint contractors. (©www.engineeringnews.co.za)
First general aviation engine powers light aircraft with biofuelLocal general aviation (GA) company Adept Airmotive has developed the first GA engine that is able topower a light aircraft with a range of environment-friendly alternative fuels, such as biofuels and liquidpetroleum gas.(©www.engineeringnews.co.za)
Fuel giant focused on reducing its environmental footprintFuel giant Engen’s oil refinery, in Durban, has stepped up its efforts to reduce its environmentalfootprint, with the most recent initiative being the implementation of its integrated waste managementplan (IWMP). (©www.engineeringnews.co.za)
What the Midterm Election Results Mean for SolarRegardless of the outcome of Nov. 2 midterm elections, Rhone Resch, president and CEO of SolarEnergy Industries Association (SEIA), is positive about the solar industry’s future.(©www.renewableenergyworld.com)
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THIS WEEK'S ECONOMIC INDICATORS
The indicators as on05 Nov 2010 at 11:05
This week 30/10/2010Rand/$ 6.80 6.97Rand/£ 11.04 11.11Rand/€ 9.67 9.69Gold/oz $1385.10 $1348.33
TAILPIECE
One tequila, two tequila, threetequila, floor.
"How many of you are willing toforgive your enemies?" the priestasked. 80% of the congregation held uptheir hands. The priest thenrepeated his question.
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Gold Mining 2655.57 2574.42JSE All Share 31388.03 30294.64
SA slips in ease of business rankings – World Bank surveySouth Africa ranks 34th out of 183 countries in the World Bank's ‘Doing Business 2011' report, whichwas released on Thursday, placing the country just below Taiwan and above Mexico. South Africaslipped two places from the 32nd position in the 2010 survey.(©www.engineeringnews.co.za)
Fixed FX rate no guarantee for competitiveness – MarcusFixing an exchange rate at a particular level does not necessarily lead to competitiveness, SouthAfrican Reserve Bank Governor Gill Marcus said on Thursday.(©www.engineeringnews.co.za)
Oil climbs to 6-month high as Fed stimulus weakens dollarOil rose for a fourth straight day on Thursday, reaching fresh six-month highs, as the dollar weakenedafter the US Federal Reserve unveiled a plan to buy debt and pump more money into the economy.(©www.engineeringnews.co.za)
Emerging markets in shock over $600bn QEEMERGING-market currencies and stocks surged yesterday, as news of the US Fed’s extra $600bn instimulus, dubbed QE2, sent shock waves around the world.(©www.businessday.co.za)
US academic urges SA to stockpile for bad times aheadSouth Africa should prepare for "a full-blown euro zone crisis", a possible double-dip recession in theUS and economic disaster in Japan, according to Desmond Lachman, a US-based academic who wasspeaking at a Reserve Bank conference yesterday.(©www.busrep.co.za)
KEY ECONOMIC INDICATORS
Economic Data and Forecasts
Economic data and economic information about South Africa and the region. Market trends, economicreviews and forecasts. Economic indicators such as interest rates, exchange rates, repo rate, interbankrate, forward rates, monetary aggregates, consumer price index and producer price index.
A summary of data available from various institutions is available on the SA Financial Sector ForumWebsite at http://www.finforum.co.za/econdata.htm
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All responded this time, exceptone small, elderly lady."Mrs Jones?" "Are you not willingto forgive your enemies?""I don't have any." She replied,smiling sweetly. "Mrs Jones, that is very unusual.How old are you?" "Ninety eight" she replied."Oh, Mrs Jones, would you pleasecome down to the front and tell usall how a person can live ninetyeight years and not have anenemy in the world?"The little sweetheart of a ladytottered down the aisle, faced thecongregation and said: "I outlivedthe bitches."
2010 politically correctvocabulary:
Murderer : Population Stabilizer
Wat noem jy 'n ryk hasie?Inflhasie!!
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