INDEX

Construction and Development News

Housing News and Land Issues
News from Africa
Mining News
News for Estate Agents and Home Owners
Property Links
The Agent's tool kit
Building Terms
Special Reports
Economic Indicators
ASAQS News
Did you hear?
Update your information
Subscribe

 

 


The Weekend Property and Construction Newsletter

The ASAQS Webshop
Saturday 13 April 2002


Property and Construction related articles featured on the Internet for the past week brought to you by www.asaqs.co.za .
News specific to the quantity surveying profession is reflected at the bottom of this newsletter. Click on the blue headline if 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/


CONSTRUCTION AND DEVELOPMENT NEWS

Engineering firm Maed pays R7m for Birkenhead
The assets of the Birkenhead Brewery near Hermanus in the Western Cape were sold this week for about R7m to Maed , an international engineering, project management and construction company but not, until now, a brewing company.
(©www.bday.co.za)

Brooklyn collapse triggers concern
Tshwane city council investigates 15 buildings for not complying with safety standards. The collapse of part of Brooklyn Mall, the second such shopping centre mishap in Pretoria within five months, has raised concerns about safety standards in SA buildings.
(©www.bday.co.za)

 

Pretoria mall roof collapses
A part of the roof at Brooklyn mall in Pretoria has collapsed, but only one shop was affected, say emergency services officials. About 500m² of the roof collapsed inside the Clicks shop shortly after 14:00. The store was closed at the time.
(©www.news24.co.za)

McCarthy's 72m rand investment a boost to car sales
Durban - McCarthy's R72 million investment in two motor dealership complexes in Durban and Pietermaritzburg would help boost new and used vehicle sales by providing customers with a one-stop shopping destination, Brand Pretorius, the chief executive, said yesterday.
(©www.busrep.co.za)

New quake will not derail work on skyscraper
TAIPEI Investors are determined to press on with construction of the world's tallest skyscraper in earthquake-prone Taiwan, despite the latest tremor at the weekend, which has claimed five lives to date.
(©www.bday.co.za)

Overbuilding hits office sector
SA's office property is bearing the brunt of overbuilding, with returns in the sector showing a downward trend in the past two years. The decline in office property total returns is reflected in last year's Sapix-IPD figures, published by the databank on Thursday.
(©www.bday.co.za)

Propnet planning to revamp Carlton
PROPNET is planning to resuscitate the Carlton Hotel. If it succeeds, the project will be another milestone in the revival of Johannesburg's central business district.
(©www.bday.co.za)

SA firm wins Tanzanian agency deal
Associate Editor SA Engineering firm Netgroup Solutions has beaten several foreign companies and Eskom Enterprises to clinch a lucrative contract to run the Tanzania Electric Supply Company (Tanesco).
(©www.bday.co.za)

Game to open R20m outlet in Newcastle
Discount retail chain Game Stores is establishing a R20m outlet in Newcastle following nearly two decades of trade in the northern KwaZulu-Natal town
(©www.bday.co.za)

State once again tries to sell off Aventura
The long awaited privatisation of the state-owned holiday resort company Aventura is back on track, with government having requested proposals for the appointment of a legal and financial advisor to oversee the sale.
(©www.bday.co.za)

Midrand set for boost
MIDRAND and its surrounding areas are likely to receive a major road infrastructure boost when Old Mutual Properties goes ahead with its R3bn mixed use development, Zonk'Izizwe.
(©www.bday.co.za)

Enviro study for 110 km hydrogen pipeline launched
An environmental impact assesment (EIA) for a proposed 110 km pipeline to supply hydrogen gas from Sasol Chemical Industries (SCI) in Sasolburg to the Impala Platinum Refineries in Springs is currently under way.
(©www.engineeringnews.co.za)

Steel firm welcomes competition decision
Steel firm Iscor welcomed the reasons given by the South African Competition Tribunal that allows the merger between Saldanha Steel and Iscor to proceed. The tribunal had given the go-ahead for the merger in February but only released its reasons yesterday.
(©www.engineeringnews.co.za)

Agency to manage State's property sales
The disposal of State-owned fixed properties will soon become the job of the new State property management agency, due to be established before the end of the year, says chief director communications Lucky Mochalibane.
(©www.engineeringnews.co.za)

Construction of abalone project next year
Construction of a 120 t abalone farm outside Saldanha Bay, in the Western Cape, is scheduled to get under way by the first quarter of next year.
(©www.engineeringnews.co.za)

SA waste-to-wood-to-energy initiative
The concept of using trees to treat wastewater and simultaneously using the wastewater as a resource to grow productive plantations for renewable energy from biomass, is being investigated by the CSIR.
(©www.engineeringnews.co.za)

Strike threat hangs over engineering sector
If a meeting between the National Union of Metalworkers (Numsa) and the South African Engineering Federation of South Africa (Seifsa) on April 12 fails to provide a concrete solution to a dispute, more than 200 000 workers in the local engineering industry will down tools.
(©www.engineeringnews.co.za)

Tariff changes to boost competitiveness of SA's ports
Cargo importers and exporters will be the main beneficiaries of the reduced wharfage rates being implemented across South African ports by the National Ports Authority of South Africa (NPA), according to the CEO of the NPA, Siyabonga Gama.
(©www.engineeringnews.co.za)

Southern Africa is becoming an aluminium-smelter destination
Deep sea-ports and reliable, competitively-priced electricity could give Southern Africa an edge over many regions as the location of some of the potential aluminium smelters resources giant BHP Billiton is mulling.
(©www.engineeringnews.co.za)

Back to Index

THE BUILT ENVIRONMENT PROFESSIONS CONVENTION
ON
SUSTAINABLE DEVELOPMENT
1-3 May 2002
Sandton, South Africa

The convention is a joint initiative organised by the:
Association of SA Quantity Surveyors (ASAQS),
SA Association of Consulting Engineers (SAACE),
SA Black Technical Allied & Careers Organisation (SABTACO),
SA Institute of Architects (SAIA) and
SA Institute of Civil Engineering (SAICE).

Click here to register

HOUSING NEWS AND LAND ISSUES

ADB's loan will help turn small farmers into exporters
Mbabane - The African Development Bank (ADB) has approved a R411 million loan to finance a development of the Lower Usutu River in Swaziland, which aims to turn peasant farmers into exporters.
(©www.busrep.co.za)

Reedville gives state lesson in building on firm foundation
On the outskirts of Springs on the East Rand lies a new low-cost housing project called Reedville, an example of why government has had to shift its housing delivery strategy. Less than two years old, the settlement looks older than the nearby township of Kwa-Thema, established in the 1950s.
(©www.bday.co.za)

Back to Index

SAISC seminar: "A new method of measurement and new specifications for structural steelwork".
A seminar on the new method of measurement and specifications for structural steelwork, drafted to replace SABS 1200 H.

A seminar aimed at engineers, steelwork quantity surveyors and other disciplines. Benefits:

Clear and precise bills of quantities and specifications In line with actual practice in industry. Better understanding will lead to cost savings. Practical stuff!

Note : The information provided constitutes Continuing Professional Development for members of the built environment professions. Members of ASAQS will receive a certificate at the end of the seminar qualifying them for 8 CPD points.

Dates: 18 April 2002 - Johannesburg
22 April 2002 - Cape Town
23 April 2002 - Durban
Fee: R500 per delegate
Closing date:10 April 2002

For more information please contact:
Leslie at SAISC
Tel: +27-11 838 1665
Fax: +27-11 834 4301
info@saisc.co.za
Web: www.saisc.co.za

Download the Registration form from the ASAQS website at http://www.asaqs.co.za
 
NEWS FROM AFRICA
 
Mugabe's Congo fortune under fire
Zimbabwean President Robert Mugabe and his counterparts in Rwanda, Burundi and Uganda could soon find themselves cut off from millions of US dollars in revenue from mines in the Democratic Republic of Congo
(©www.bday.co.za)

Drought will hit Zimbabwe
The systematic harassment and brutalisation of the agricultural experts and their staff on farms in Zimbabwe was to allow President Robert Mugabe to capture support for his continued presidency by dispensing patronage.
(©www.bday.co.za)

Drilling for crude in Chad
An international consortium led by ExxonMobil has begun drilling for crude oil in Chad, meaning billions of dollars of oil money could soon be pouring into one of the poorest countries in the world.
(©www.engineeringnews.co.za)

Zim mines want Z$ devalued
The Zimbabwean Chamber of Mines has called on President Robert Mugabe's government to devalue the Zimbabwean dollar to revive the country's ailing precious metals industry.
(©news.news24.co.za)

Back to Index

MINING NEWS
 

Caledonia likely to reopen SA gold mine
Caledonia Mining, a junior mining company listed on the Toronto and Nasdaq stock exchanges, will decide next month if it will restart commercial production at its SA Barbrook gold mine.
(©www.bday.co.za)

Harmony wins 99% stake in Hill 50
Harmony Gold has had to push up its offer price for a second time to secure a shareholding of almost 99% in Australian mining company Hill 50.
(©www.bday.co.za)

Diamond producers polish up industry's ways
Canada's entry into top league challenges De Beers' methods and brings transparency to an often mysterious business Diamond businesses dotted all over the world are throwing their weight behind new brands and retail alliances, signalling a new era that will in all likelihood bring more transparency and higher returns to the often impenetrable diamond industry.
(©www.bday.co.za)

PGM miner's 600 000 oz vision for 2006
Australian PGM producer Aquarius Platinum is planning to simplify its corporate structure stating that its current model is inefficient and was the result of the need to raise finance and deal with rapid growth.
(©www.miningweekly.co.za)

Bid to cut and polish gems in Northern Cape
Authorities in the Northern Cape are pushing ahead with plans to have locally mined diamonds developed and polished in the country, before being exported to international markets for sale, especially in Europe and the US.
(©www.miningweekly.co.za)

Very different outlooks for PGM sisters
It appears that forecasts that palladium would battle to keep up with its sister metal platinum appear to be coming true. This week palladium slumped to $373/oz from its earlier high of over $380/oz.
(©www.miningweekly.co.za)

Diamond giant buys R10-million in software
Diamond giant De Beers has purchased ActaWorks software from Global Technology Business Intelligence (GBI) in a deal worth over R10-million. The decision to buy this new-generation extraction, transformation and loading tool was primarily an architectural decision supporting the group's business intelligence strategy.
(©www.miningweekly.co.za)

Norilsk uses nickel reserves as collateral
Russia’s metals giant Norilsk Nickel will use 60 000 tons of nickel from its reserves as collateral for a loan by a syndicate of foreign banks, Norilsk’s deputy CEO Maxim Finsky said. He said the three-year loan would be arranged by Credit Suisse First Boston, Dutch ING Barings and Standard Bank.
(©www.miningweekly.co.za)

Report questions 'prosperity diamonds' claim
While Southern Africa's diamond endowment has brought about economic prosperity and has not fuelled civil strife – as has been the case in Angola, Sierra Leone and the Democratic Republic of Congo (DRC) – Partnership Africa Canada contends that the region's 'prosperity diamonds' "have had limitations and has not been without controversy".
(©www.miningweekly.co.za)

Collaborative research to improve safety
Underground transport has long been regarded as one of the biggest culprits in mining accidents.
In fact, according to the Department of Minerals and Energy, transportation systems have been responsible for 26% of mining fatalities and about 49% of reported injuries.
(©www.miningweekly.co.za)

Deep mines can be massive mines
Those who were convinced that massive mining at deep levels would not work had to admit that they were wrong when Target, the first deep-level gold-mine to be opened in South Africa in 20 years, moved from project status to mine status last month.
(©www.miningweekly.co.za)

$564m iron-ore project for Oz
MW Online BHP Reuters Diversified miner BHP Billiton unveiled a $564-million plan to develop a new iron-ore mine backed by South Korean steel maker Posco and expand its port facilities to seal its place as a world iron-ore giant.
(©www.miningweekly.co.za)

Iron-ore giant's rail allocation set at 23,5m tons
Metals and mining firm Kumba and Transnet have announced the signing of a landmark agreement to support future iron ore throughput on the Sishen-Saldanha railway line, the mainspring of South Africa’s iron-ore export business.
(©www.miningweekly.co.za)

Less tin to be exported from China this year
China, the world’s top tin producer and exporter, is expected to ship out less metal this year in hopes of spurring global demand and prices, officials and traders said.
(©www.miningweekly.co.za)

Back to Index

 
NEWS FOR ESTATE AGENTS AND HOME OWNERS
 

New homes at: Ramsgate
Over the past few years there's been a surge in interest in the lower south coast of KwaZulu-Natal, an attractive and accessible coastal area where developers are able to offer quality at a reasonable price.
(©www.property24.co.za)

Cape rentals rocket again
Homes in the Sunset Beach, Higgovale and beachfront Kommetjie areas around Cape Town are fetching rentals of up to R10 000 a month while exclusive Bishopscourt, Constantia, Fresnaye and Clifton homes are being let for up to R30 000 a month.
(©www.property24.co.za)

Flat rentals far ahead of inflation
Flat rentals nationally have risen at more than double the rate of inflation in the past 12 months, and are expected to rise by at least six percent this year as demand continues to outrun supply.
(©www.property24.co.za)

Spotlight on: Muizenberg
Muizenberg, which was the Cape's playground for the rich and famous in its Victorian heyday, is set for a revival as buyers rediscover its beauty, convenience and value.
(©www.property24.co.za)

Edenvale comes full circle
Home sales in Edenvale are once again being boosted by young executive and professional buyers who, as their parents did in the ‘60s, are finding both value for money and convenience here
(©www.property24.co.za)

PGP expands to meet SA demand
Strong demand from SA investors for central London residential properties has prompted Pam Golding Properties (PGP) to expand its Pam Golding International (PGI) representation in SA with the appointment of leading broker Kim Faclier.
(©www.property24.co.za)

Alterskye to head NRS
Amanzimtoti-based Charles Alterskye has been elected chairman of the 125-office National Referral Services (NRS) group.
(©www.property24.co.za)

FREE ANTI-VIRUS
Free Anti-Virus Protection!
Use our unique offer - AVG 6.0 Free Edition. Download, install and use AVG 6.0 Anti-Virus system to reliably protect your computer and data free of charge. Go to Free Download Page to get more information.
ASQS Webshop

Visit our new online Webshop for some incredible bargains.
Limited quantities of selected software reduced by 50% and more!
The Webshop also stocks all JBCC documentation.

Bank or originator? Your choices…
Prospective borrowers think they can cut through the confusion in an increasingly crowded home loans market by making just one choice: go through a mortgage originator or go direct to a lender. But it isn’t quite so simple…
(©www.property24.co.za)

Bodies corporate can’t pass this buck
No matter how cash-strapped they are, the bodies corporate of sectional title schemes should not attempt to transfer responsibility for common property maintenance to individual owners.
(©www.property24.co.za)

Back to Index

 
PROPERTY LINKS
Gauteng property price index ABSA housing review - 3 : 2001
Building statistics Home loan market share
Income and expenditure of households Tourism and migration
Calculators Transfer costs
House Hunting Tips: What to look out for

 
SPECIAL REPORTS
 

Signs of life?
‘The hero and the coward feel the same emotions, it's what they do about them that sets them apart’. When things are going well, most people, contractors and manufacturers alike, don't need to be either; it's when a crisis looms that you have to show your mettle — or lack of it. Only with hindsight, many months hence, will we know who made the right decisions in the recession of 2001/2002.
(©www.industryclick.com)

20th Century vision
100 years is a long time — especially in the field of consulting. Kate Price talks to Swedish firm SWECO.
(©www.industryclick.com)

Back to basics
Yes, the show must go on. But in 2002, themed retail projects must also focus on the bottom line.
(©www.industryclick.com)

A blueprint to enhance building security
WHILE THE TRADITIONAL CONCERNS OF THE property manager — asset planning, acquisition and maintenance — are as important as ever, security is now near the top of the priority list. To address security issues the right way, property managers now must fill an additional role as security and communications manager.
(©www.industryclick.com)

First African in Space
Mark Shuttleworth - It's full-throttle training at Star City "Boot Camp" as Mark and the rest of the crew perform simulations of docking with the ISS and take part in some leg-bending physical testing. Follow Shuttleworth's preparations to the launch date later this month by clicking here.
(©www.africaninspace.com)

Back to Index

 
ECONOMIC INDICATORS
 
The indicators as on
April 06 2002 at 12:13AM
This week
30/03/02
Rand/$
11.0500
11.3200
Rand/£
15.8192
16.1321
Rand/€
9.7008
9.8609
R150
12.370%
12.750%
Gold/oz
$299.80
$302.45
Gold index
2637.7
2883.6
JSE All Share
11254.9
10948.7

Closing prices:
BUILDING, CONSTRUCTION AND ENGINEERING

Back to Index

Rand firms further
The rand managed to hold the bulk of its latest gains on Friday, with a break of the key 11/dollar level seen likely near-term amid brisk two-way flows and the absence of negative news. Late Friday night the currency traded at 11.04 against the dollar.
(©news.news24.co.za)

Deutsche: We acted fairly
Deutsche Securities' hedging transactions at the time of Sasol's taking over German company Condea were specifically approved by the SARB or fell within the Reserve Bank's general guidelines, Deutsche director Niall Smith has testified before the rand commission.
(©news.news24.co.za)

   
ASAQS NEWS
   

A false dawn?
Design & Construct contracts are being lauded as providing the construction industry with ‘best value’. Really? iC’s contracts expert Roger Knowles examines the facts…
(©www.industryclick.com)

Labor Rates and Structural Steel Prices Around the World
This index maintained by International Cost Engineering Council gives one an indication of relative prices (unfortunately rates and prices need to be converted to a common currency such as the Rand)
(©www.icoste.org)

Book review
Elemental Cost Analysis, Format, Method of Measurement, Pricing: Measurement of Buildings by Area and Volume (104 pages) - The first edition of this book was published in 1972 and has subsequently been refined and updated in two subsequent editions. The present 3rd edition represents relatively minor adjustments over the 2nd edition but adds extensive illustrations to aid the reader in correctly identifying the various building elements. The first part of the book defines elemental cost analysis and lists the functional elements of buildings, describing their composition and method of measurement and pricing. The second part provides standardized rules for measurement. The book refers only to SI units of measurement but its principles are equally applicable to use of Imperial units. The book is clear and concise and thoroughly explains the Canadian uniform method of measurement for buildings. The book costs $60.00 (CDN) Non-Members Price and can be purchased online by clicking here.
(©www.icoste.org)


New members to the ASAQS CUG
A warm word of welcome to the following member who has joined us in the CUG during the past week:


All the names next week

Please note that your registration to the CUG will remain in force as long as you remain a member of ASAQS and there is no need to register every year. If you have not received an e-mail confirming your registration contact ASAQS.

Back to Index

Did you hear?
According to a news report, a certain private school in Victoria, BC recently was faced with a unique problem.

A number of grade 12 girls were beginning to use lipstick and would put it on in the bathroom. That was fine, but after they put on their lipstick they would press their lips to the mirror leaving dozens of little lip prints.

Every night, the maintenance man would remove them and the next day, the girls would put them back.

Finally the principal decided that something had to be done. She called all the girls to the bathroom and met them there with the maintenance man. She explained that all these lip prints were causing a major problem for the custodian who had to clean the mirrors every night.

To demonstrate how difficult it had been to clean the mirrors, she asked the maintenance man to show the girls how much effort was required.

He took out a long-handled squeegee, dipped it in the toilet, and cleaned the mirror with it.

Since then, there have been no lip prints on the mirror.



Change of e-mail address?
Do you wish to continue your subscription to the Weekend Property and Construction News? Then do the following :
1- unsubscribe your old e-mail address.
2- subscribe using your new e-mail address with our subscription box on the left
.
Please Note:
The Weekend Property and Construction Newsletter is at present only available in HTML format.
Webmaster ASAQS

© www.asaqs.co.za. All content belongs to the respective media companies as referred to in each summary. All other information remains the ownership of www.asaqs.co.za. All rights reserved.



Please update Your Information

First Name:
Your profession


Subscribe to the Weekend Property and Construction Newsletter

First Name:
E-mail: Your profession

Subscribe:
Un-subscribe: