Construction News

JOHANNESBURG, 04 October 2017 – RentWorks, South Africa’s largest independent asset rental company, has been acquired by DölbergPremium. The deal is subject to regulatory approval by the Competition Commission of South Africa. A subsidiary of WesBank, one of the country’s major asset financial services providers, RentWorks currently funds over ZAR 3 billion worth of assets for more than 400 organisations across most industries and asset types. DölbergPremium made an acceptable offer and the conditions surrounding the acquisition were compatible with the company’s philosophy. The current management team and all employees of RentWorks will remain on-board to ensure a seamless transition.

Over 40 finalists have been selected in the Women in Construction Awards (WICA) and the winners will be announced at a gala dinner on 24 May 2017 at the Gallagher Convention Centre in Johannesburg. The Awards celebrate the achievements of women within Africa’s construction, cement and concrete sectors in addition to recognising organisations that support and contribute to their development in the industry. “WICA is segmented into eight categories to cater for female contribution across the broad construction industry spectrum,” says Awards Director, Athi Myoli. “The sheer number of nominations received from around the African continent has been overwhelming and

The annual Digital Construction Expo (DCE 2017) is the only event showcasing digital construction and its growth in Africa. This innovative platform is now in its second annual edition, held as part of the African Construction and Totally Concrete Expo.  Several new features will be introduced at this year’s Digital Construction Expo to help the continent’s built environment specialists unlock future industry development and earning potential. Now in its second year, the annual Expo – taking place on 23 and 24 May 2017 at the Gallagher Convention Centre in Johannesburg – is designed to promote the use of, and standards

Project delivery, sustainability, affordability and disaster resilience have been identified by the World Economic Forum as key challenges currently facing the global construction industry. However, innovative solutions to these are already taking shape in pockets of Africa’s construction marketplace. With the African Construction and Totally Concrete Expo being the continent’s largest gathering of built environment professionals, it is the perfect platform to facilitate the sharing of these countermeasures more broadly. Taking place on 23 and 24 May 2017, the Expo will feature free, CPD-accredited workshops that will not only inspire attendees to address these issues within their own businesses and

For the first time in years, there is a mood of cautious optimism in the mining industry, with commodity prices on the rise, shallow growth returning to different end markets, and most mining companies in better cost positions than in the recent past. However, the industry is still at a pivotal point as it faces challenges from cybersecurity threats, to technological disruption and environmental issues. Mining companies now face key choices about where to invest and how to position themselves in the coming years. The Deloitte Global’s 9th annual Mining Report released in Johannesburg “Tracking the Trends”, explores how mining

The South African government is to publish its finalized Mining Charter this March. The new regulations are designed to tackle racial inequality in the industry, by promoting ownership by black South Africans, while mining companies will also be required to finance social development projects in mining areas. Many in the industry vehemently oppose at least some parts of the Charter, which was originally passed in 2002 and revised in 2010. Under the latest draft of the document, mining companies must maintain a minimum of 26% ownership by black South Africans even when the original investors sell their stakes. It is

Women Empowerment has been deemed vital for the emancipation of women from cultural and social barriers. Women have traditionally been sidelined in male dominated industries such as the steel industry, which meant being excluded from important decision-making industries affecting economies. The Steel industry is a key sector that offers large-scale employment opportunities as well as a major impact on infrastructural development around the world, but the role of women at ownership level as well as at employee levels has traditionally been limited. BBD Steel has defied the stereotypes by venturing into a sector that was traditionally a male sector. BBD