Saturday 12 April 2003
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Property and Construction related articles featured on the Internet for the past week brought to you by ASAQS.
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CONSTRUCTION AND DEVELOPMENT NEWS
 

A brief look at fire protection:

Pretoria laboratory conducts 120 project tests a year
The South African Bureau of Standards’ (SABS) Fire Protection Engineering laboratory in Pretoria is one of only two laboratories of its kind in the country, and offers a wide variety of local and international testing capabilities.
(©www.engineeringnews.co.za)

Increased safety in mines is driving fire-resistant product development
The renewed emphasis on safety in mines is resulting in the development of technologically-advanced fire-resistant products, especially in the field of plastics, reports Fire Technology and Consulting Services MD Kobus Strydom.
(©www.engineeringnews.co.za)

Passive fireproofing found lacking
The attitude towards passive fireproofing, which entails the use of fire-resistant materials in the construction of plants and buildings, is not improving. This is the view expressed by passive fire-protection systems contracting company BICS Fireproofing MD Jim Kerr.
(©www.engineeringnews.co.za)

Tragedies Fuel Sprinkler Performance Myths
When it comes to saving lives, few things own up to their billing like seat belts and smoke alarms
(©www.concreteproducts.com)

New fire-detection system is launched
Control solutions company Honeywell Southern Africa reports significant interest in a new fire-detection system, Video Smoke Detection (VSD), which it launched at the Securex security, protection and safety exhibition held at the Sandton Convention Centre in Johannesburg last month.
(©www.engineeringnews.co.za)


Major investment projects for Sasol
Sasol CE Pieter Cox has disclosed that the SA fuel and chemicals group which listed in New York this week has a portfolio of potential investments totalling $5bn.
(©www.bday.co.za)

Stations will change nature of suburbs
Rapid-rail link expected to create development opportunities. STATIONS serving the Gautrain rapid-rail system linking Johannesburg, Pretoria and Johannesburg International Airport will change the nature of suburbs, presenting opportunities for development, says Geffen International Franchises CEO Brent Townes.
(©www.bday.co.za)

SA State companies to spend billions on infrastructure
South African Minister of Public Enterprises (DPE) Jeff Radebe announced in Parliament yesterday that State-owned companies are to invest tens-of-billions of rands in infrastructure over the next few years.
(©www.engineeringnews.co.za)

Pechiney close to decision on Coega
A FINAL decision by French aluminium group Pechiney on whether it will build a R20bn smelter plant within the Coega industrial development zone (IDZ) in Eastern Cape is expected before November this year.
(©www.bday.co.za)

CDC welcomes Pechiney-NPA deal
The Coega Development Corporation (CDC) has welcomed the signing of the port development and services contract between the developer of the deepwater Port of Ngqura, the National Port Authority (NPA), and French aluminium company, Pechiney, in Cape Town yesterday.
(©www.engineeringnews.co.za)

Public works can cut joblessness report
SA NEEDED to adopt labour-intensive public works programmes to reduce the high unemployment rate, a development think-tank said in a report yesterday. To be successful such programmes needed to be a collaborative effort between the private and the public sectors, the Centre for Development and Enterprise said yesterday.
(©www.bday.co.za)

Eastern Cape leads the pack in some areas of service delivery, says review
Premier admits province has been bad at managing some things, but not all EASTERN Cape may have come in for a lot of criticism in recent months for its perceived lack of service delivery, but following the release of the intergovernmental fiscal review, premier Makhenkesi Stofile is in a buoyant mood.
(©www.bday.co.za)

Joburg sets up tourism agency
Following approval by the Johan-nesburg Mayoral Committee in December last year, the Johannesburg Metro authorities have established a Section 21 company to market, package, brand and position Johannesburg as a tourist destination.
(©www.engineeringnews.co.za)

Manufacturers stepping up investment in plant
Fixed investment in manufacturing plant continues to improve, indicating the sector is maintaining its recent growth trend despite a slowing in sales, orders and production volumes in the first quarter of this year.
(©www.bday.co.za)

U.S. slag cement use climbs 22.4% in 2002
Output from new or modernized Holcim (Birmingham, Ala.), St. Lawrence (Camden, N.J.) and Lafarge North America (East Chicago, Ind.) mills is reflected...
(©www.concreteproducts.com)

Vontas seeks to reposition Gold Edge
INDEPENDENT property consultant Niki Vontas has hatched a plan that will see embattled Gold Edge Holdings repositioned as an unconventional property company with a portfolio worth about R800m by the end of the year.
(©www.bday.co.za)

Vital to address intellectual property rights
Outsourcing creates risk of losing key staff. BEFORE entering into an outsourcing agreement, companies should determine what happens to their intellectual property for the duration of the contract and when it ends, says Peter Lake, partner at KPMG Consulting.
(©www.bday.co.za)

Summit will be most effective if it kick-starts growth, employment
IT HAS become a standard economic policy maker's speech. SA has been growing nicely, despite global turmoil, and employment has even begun to turn around, with last year seeing the first modest increases in more than a decade. Of course we need more jobs and the benefits of growth need to reach more people. But, the policy maker generally concludes, we are going to talk about that at the growth and development summit.
(©www.bday.co.za)

Fiscal review lays bare SA's housing challenge
Poverty and problems of affordability will need to be dealt with before banks come forward voluntarily. THE challenges facing Brigitte Mabandla in her new task as housing minister are laid bare in the latest intergovernmental fiscal review.
(©www.bday.co.za)

Finance and land shortages hurt housing drive
A RANGE of challenges continues to bedevil government's low-cost housing programme, despite great strides on the delivery of homes for the poor having been made since 1994. The intergovernmental fiscal review said that since 1994, government had invested R19bn in the delivery of just under 1,5-million homes.
(©www.bday.co.za)

Eviction case costs put strain on AgriSA
AGRICULTURAL union AgriSA said it faced financial strain as a result of spending an unbudgeted R400 000 on legal expenses on a key eviction case.
(©www.bday.co.za)

Farmers to identify land for handovers
Commercial farmers and the SA government are to work together to find ways of accessing privately owned land for redistribution
(©www.bday.co.za)

US-Sacu free-trade deal to be concluded by end of 2004
US ambassador Cameron Hume says that the proposed free-trade agreement, between his country and the Southern African Customs Union (Sacu), could serve as a model for the US in trade negotiations with other African countries.
(©www.engineeringnews.co.za)

Two deals to dominate SA’s privatisation drive in 2003
Two major transactions are to dominate government's privatisation plans this year, with the proposed sale of part of Eskom's electricity generating business and the "concessioning" of Durban's port.
(©www.engineeringnews.co.za)

War could cost Denel multi-million rand contract
State arms manufacturer Denel faces losing a multi-million rand contract to clear mines in northern Iraq, should the US take over functions currently under the auspices of the United Nations (UN).
(©www.engineeringnews.co.za)

R4bn pumped-storage power project moves into design phase
South African power utility Eskom Holdings is about to enter the first phase of final design of the proposed Braamhoek pumped-storage scheme, having recently completed the feasibility study for the 1 330 MW project.
(©www.engineeringnews.co.za)

Shuttleworth Foundation to spend R20m on maths, science projects
The Shuttleworth Foundation will spend R20-million on projects to improve the quality of maths, science and technology education in South Africa in 2003, chief operating officer Reana Rossouw tells Engineering News.
(©www.engineeringnews.co.za)

SA satellite technology export success
Two key subsystems – a star imager and a gravity-gradient boom – on the Australian Fedsat 1 microsatellite, which were designed and constructed in South Africa, have both successfully passed the critical first three months of operation in orbit.
(©www.engineeringnews.co.za)

SA manufacturer secures R10m antenna deal
In a R10-million contract, local antenna manufacturer Poynting Antennas will supply 300 electronic warfare antennas to Athens-based firm Elson, a subsidiary of Sonak South Africa, which forms part of the Axon Holdings group.
(©www.engineeringnews.co.za)

Wireless local loop tech for Africa
Although wireless communi- cation has seen tremendous developments and major investments across the continent, the global system for mobile communication (GSM), however, is not always a total solution, believes local wireless technology supplier Multisource Telecoms.
(©www.engineeringnews.co.za)

SA gets R70m community rose project
25 million top quality rose stems will be grown a year for the export markets of Europe and North America - with the help of a gold mine!
(©www.bday.co.za)

Back to Index

 
 
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(©www.engineeringnews.co.za)
BUSINESS OPPORTUNITIES

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ProjectPro ...linking vision to reality

ProjectPro® is a South African based organization that specialises in the field of project management.

Visit ProjectPro® today
 

Team Building
Speed is more important than ever in retail construction, as builders rush to shorten the lag time between groundbreaking and rent collection.
(©www.shoppingcenterworld.com)

How to Assure a Painless Redevelopment
Anyone who has been through a retail redevelopment venture knows that things don't always go as expected.
(©www.shoppingcenterworld.com)

Manufacturing growth under pressure in Q1
Manufacturing statistics indicate that the buoyant manufacturing conditions experienced during 2002 slowed towards the end of the year, with manufacturing growth coming under further pressure during the first quarter of this year.
(©www.engineeringnews.co.za)

Metcash Trading eyes fuel market
TALKS between Metcash Trading and leading oil companies could see the retail group move into the fuel retail market in Australia.
(©www.bday.co.za)

Sweeping new laws will transform the way medicine is sold and marketed
Still no clarity on health department's vision of a transparent pricing system
(©www.bday.co.za)

New Clicks shares drop
Shares in New Clicks Holdings has fallen 4.3% after the group reported a 10.4% jump in diluted headline earnings per share to 37c for the six months ended February 28.
(©www.news24.com)

Back to Index

 
SAFCEC NEWS
 

DEMERIT SYSTEM:
A "Demerit" system for traffic infringements becomes active September 2003. It will be good to familiarise yourself with the system so it does not catch up with you when it becomes active. This system will be applied countrywide. Demerit points will be allocated for infringements/traffic offences. Penalty units will determine the amount of the fine.

DEMERIT POINTS:
Each person has 0 points at the start of the system.
Each person can build up to 12 points
Every point exceeding 12 points = Suspension of licence. Points reduce at 1 point every 3 "infringement free" months. Should your licence be suspended 3 times, the licence will be CANCELLED.
If the vehicle belongs to a Juristic person (e.g. bank, FML company etc), the Juristic person will not be given any demerit points, but the PENALTY units will be multiplied by three

PENALTY UNITS:
At present a penalty unit is R50,00. Here are some examples of the penalties and demerits likely to be implemented.
Motor vehicle not registered - Infringement - 10 penalty units (R500.00) plus 2 demerit points.
Driver does not have his licence in the vehicle - Infringement -10 penalty units (R500.00) plus 2 demerit points.
No Seatbelt - Infringement - 5 penalty units (R250.00) plus 1 demerit point.
Not stopping at a stop sign - Infringement - 15 penalty units (R750.00) plus 3 demerit points
Overloading by 25% - Infringement - 25 penalty units (R1250.00) plus 3 demerit points
Rear Lamps not working - Infringement - 10 penalty units (R500.00) plus 2 demerit points
(©www.safcec.org.za)

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VISIT SAFCEC
Sixty three years constitute two generations. The South African Federation of Civil Engineering Contractors has celebrated over sixty years of being the "midwife" of the development of South Africa. Its members were intimately involved in the creation of the infrastructure that became the envy of our continent. In the same spirit, SAFCEC has prepared itself for the challenges awaiting us in the new millennium.
To catch up on the latest news click here
 
NEWS FROM AFRICA
VIRUS OR HOAX?

In case you've received an e-mail containing a virus warning please check carefully for a real virus or a hoax. Usually e-mail warnings encouraging you to forward the information to all and sundry are hoaxes. You can make sure by visiting the Virus or Hoax? web site.

If you suspect that you have opened an e-mail containing a virus visit the virus information section on Virus or Hoax? The site also links to free virus-removal programs.

You can also try the BitDefender online virus scanner

FREE ANTI-VIRUS
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Visit PC Pitstop - it's free.
 

SADC's fact-finders may meet mandate
THE Zimbabwean government has mastered the art of "factfinding" missions to the country, and is now claiming credit for an imminent visit by a Southern African Development Community (SADC) task force to probe recent developments.
(©www.bday.co.za)

Mozambique shows 8% economic growth
This was achieved despite a severe drought that ravaged southern and central districts of the country.
(©www.bday.co.za)

Alrosa invests $85m in Angola
Russian diamond giant Alrosa plans to invest $85m this year in two projects in Angola.
(©www.bday.co.za)

Nigeria shuts down second refinery
Nigeria has temporarily shut down a second oil refinery, leaving only two of its refineries still up and running, a spokesman for the national oil body told Reuters yesterday.
(©www.engineeringnews.co.za)

African growth remains resilient
Africa's economy is holding up well to the global downturn, the International Monetary Fund says.
(©www.bday.co.za)

Mali to use Gambian port facilities
The west African state of Mali has reached an agreement with Gambia giving it facilities at the port in Banjul.
(©www.bday.co.za)

No progress by Harare report
COMMONWEALTH secretary- general Donald McKinnon's confidential report on Zimbabwe to heads of government obtained by Business Day is clear in its conclusion that based on the criteria on which the country was suspended last year it has made no progress.
(©www.engineeringnews.co.za)

Shell restores more Nigerian output
Oil major Royal Dutch/Shell, Nigeria's biggest producer, said yesterday it had restored another 100 000 barrels per day (bpd) of Forcados crude production, leaving about 200 000 bpd still shut in.
(©www.engineeringnews.co.za)

Zambia expects copper output to rise in 2003
The Bank of Zambia said this week total monthly copper production dropped to 22 286 t in February this year from 23 785 t a year earlier, but predicted annual output would rise in 2003.
(©www.miningweekly.co.za)

Movement on Kenya, Moz titanium prospects
Canadian miner Tiomin Resources said this week that the mineral samples collected during a drilling programme, currently under way at its Kwale titanium project, in Kenya, would be used in an optimisation programme in designing the operating parameters for the next phase of the pilot plant operation.
(©www.miningweekly.co.za)

Back to Index

   
New Medical Aid launched for Built Environment Professionals
Information and application forms are available online at http://www.sovhealth.co.za/web/bepmeds/index.htm

 

 
MINING NEWS

NEWS FLASHES FOR ARCHITECTS

Die volgende ontbytforum vind plaas op Vrydag 9 Mei 2003 vanaf 07h30 – 09h30 by die Arcadia Hotel, Proesstraat 515, Arcadia. Koste is R 30.00 vir lede en R 40.00 vir nie-lede.
Our guest speaker will be Mr Mauritz Lombard who will address us on legal matters pertaining to the running of a practice.
Indien u vrae / probleme het in verband met bogenoemde stuur dit asseblief na die PIA kantoor voor 15 April 2003 en ons sal dit aan die spreker voorlê vir oorweging.
A detailed invitation will be sent out during the course of next week but please diarise this date and confirm your attendance by calling the PIA Office (012 341-3204).


PIA CPD COURSE – FRIDAY 30th MAY 2003 - 08h00 – 17h00 - This is the second course hosted by the PIA for this year, and there are only 6 seats available. The presenters are Eugene Barnard and Eyvind Finsen. Cost R 350.00 for members and R 450.00 for non-members. The venue is the Shelanti Conference Centre in Jean Avenue, Centurion.

CONTRIBUTION TO DWELL MAGAZINE in San Francisco, California : Andrew Wagner, Senior Editor, has requested that we assist him in identifying architects working in South Africa who are designing / have designed unique residential buildings (single family homes, apartment buildings, etc.) He is currently working on an issue in which he would like to include a few architects and projects from South Africa. Should you be interested in submitting projects for consideration please contact him directly on Telephone: 415.743.9990 x509 Fax: 415.743.9978 http://www.dwellmag.com/

SPORT ACCORD – The International Sports Convention: we have received an invitation through the UIA Sports and Leisure Programme for any of our members / interested persons to attend the above convention. This convention will be held in Madrid from 2003.05.12 to 2003.05.16.
The convention comprises addresses (19 speakers), panel sessions / discussions, exhibitions and networking meetings regarding:

  • Sport in society and UIA Designing for Sport Hosting and managing sports events
  • Sport Business 2003 : The international business of professional sport
  • Broadcast and sponsorship and Law Accord
  • Sport and Technology
  • Law Accord – a comparative study of contemporary sports and law issues
    More information can be obtained through: Customer services on: Tel +44 (0) 2082712174

Fax +44(0) 2089107823 www.sportaccord.com

SA REVENUE SERVICE – IMPORTANT NOTES: Many thanks to the Border Kei Institute of Architects for sending through the following SARS schedules / interpretation notes with regards to the Income Tax Act 1962:
Note No. 14 - Allowances, advances and reimbursements received detail (12 pages)
Note No. 13 - Deductions: limitation of deductions for employees and office holders (8 pages)
Note No. 12 – recoupments: assets in a deceased estate (7 pages)
Conditions for the provision of scholarships, bursaries and Awards for study, research and teaching (3 pages)

Upon request this information can either be e-mailed to your office, faxed, posted or collected. I have not attached the information as some members may find it takes too long to download (± 2 minutes) and do not have a need to receive this information.

Thanks to the PIA for the information drop them a note at admin.pia@saia.org.za
A REMINDER OF THE PIA’S OWN WEBSITE FOR INTER-MEMBER COMMUNICATIONS, FORUMS, DISCUSSIONS, ETC. www.pia.org.za
 

SA produces gold at the lowest cost
Johannesburg - South Africa became the lowest cost gold producer in the world last year, Gold Fields Mineral Services (GFMS) said yesterday.
(©www.busrep.co.za)

BHP Billiton to issue global bond
Global resources group intends to issue an inaugural global bond.
(©www.bday.co.za)

Royalty payments to deplete mines' coffers
What effect will payment of royalties have on the attributable income and earnings a share of mining companies.
(©www.bday.co.za)

J&W to buy Avmin stake in Chambishi
Swiss-based J&W Holdings looks set to buy Anglovaal Mining's (Avmin's) 90% stake in Chambishi Metals.
(©www.bday.co.za)

IEA sees world oil demand rising
The International Energy Agency expects world demand for oil to grow by 1.1 million barrels a day this year.
(©www.bday.co.za)

Harmony exploits legal loophole to sell gold bars in SA
An apparent loophole in South African gold-ownership legislation has been grasped by Harmony Gold, which sees it as an opportunity to produce and market a new range of investment bars, the company announced today (Friday).
(©www.miningweekly.co.za)

AngloPlat, Amzim to proceed with Zim's Unki project
World platinum leader, Anglo American Platinum (AngloPlat), has announced plans to proceed with a $90-million project to develop the Unki platinum project together with Anglo American Corporation Zimbabwe Limited (Amzim).
(©www.miningweekly.co.za)

Avmin launches international placement for Avgold
South African miner, Anglovaal Mining (Avmin), has announced its intention to launch a private placement of up to 100-million ordinary shares in its gold subsidiary, Avgold, to global institutional investors.
(©www.miningweekly.co.za)

Lawyers to meet Limpopo asbestos victims
A team of London-based lawyers representing South African asbestos exposure claimants have arrived in Limpopo for two days of consultations with their clients, SABC radio news reported on Thursday.
(©www.miningweekly.co.za)

SouthernEra forecasts big growth at Messina
Canadian platinum and diamond company, SouthernEra, has expressed confidence in its ability to continue to expand the ‘Greater Messina’ platinum project in South Africa and turn the operation into "one of the largest and lowest cost platinum-group-metal (PGM) producers in the industry".
(©www.miningweekly.co.za)

Positive results from new Wits basin drill
Canadian gold producer Great Basin Gold has announce the results of an independent resource estimate for the southeast zone of the Burnstone Property, which is located in Witwatersrand goldfield, some 80 km southeast of Johannesburg, in South Africa.
(©www.miningweekly.co.za)

Placer revises Alaskan resources estimate
North American miner Placer Dome, through its subsidiary, Placer Dome US, has announced significantly increased measured and indicated gold resources at the Donlin Creek joint venture, in Alaska, a joint venture between Placer Dome US (30%) and NovaGold Resources.
(©www.miningweekly.co.za)

SA’s ferrochrome share expected to rise to 60%
The South African ferrochrome industry’s share of global production is expected to increase to 60% – from 55% at present – by the end of next year, thanks to planned expansions and greenfield projects. This will enhance the sector’s importance to the South African economy.
(©www.miningweekly.co.za)

Golden cash-shell awaits South Deep returns
Having completed the radical restructuring programme that was initiated at the end of 2000, long-established gold-mining company Western Areas is now, effectively, a cash shell – a conduit for cash from its 50% share in the R5-billion South Deep joint venture (JV) with Canada’s Placer Dome to its shareholders.
(©www.miningweekly.co.za)

Group set up to offer mining-law compliance advice
A joint venture, known as the Mining Compliance Group, has been forged to guide South African mining companies to compliance with the new mining legislation. The alliance is made up of business advisory firm KPMG, mineral industry adviser The Mineral Corporation and attorneys Bell Dewar & Hall.
(©www.miningweekly.co.za)

Diamond giant developing two new technologies
Entering De Beers’ offices in the south of Johannesburg, is equivalent to walking through the doors of a top-secret government research facility. The South African multinational is involved in the development of a number of new projects in its research and development (R&D) division.
(©www.miningweekly.co.za)

Platinum-miner buys its third analyser
South African platinum major Anglo Platinum announced the acquisition of the company’s third mineral liberation analyser (MLA), at an MLA open day held in Johannesburg during February.
(©www.miningweekly.co.za)

Aids and mechanisation are changing modern mine design, says consultancy
Aids, the rising average age of miners, technological advances and mechanis-ation are among the factors severely affecting the way in which mines are being designed and developed on the African continent.
(©www.miningweekly.co.za)

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Pets in ST schemes explained
The question of pets in sectional title schemes remains a contentious one, and is often the source of heated debate between members of the body corporate - despite the fact that the matter is clearly dealt with in the very first of the prescribed conduct rules.
(©www.property24.co.za)

Richards Bay homes snapped up
RESIDENTIAL development in Richards Bay has lagged the surge in industrial expansion so badly that there is now a critical shortage of flats and houses for rent or sale. Demand has pushed prices well past the R1m level in the upmarket area of Meren...
(©www.bday.co.za)

Spotlight on: Kalk Bay
Boom times have come to the old fishing village of Kalk Bay and the seaside resort of St James, and a shortage of property even more marked than usual is pushing prices up rapidly.
(©www.property24.co.za)

Market picks up in northern KZN
The residential property market in northern KwaZulu-Natal is looking up, with demand and prices on the rise in both Newcastle and Vryheid.
(©www.property24.co.za)

Coega fever kicks in for PE
The Coega development on the coast north of Port Elizabeth has sparked off a new surge in the city's property market.
(©www.property24.co.za)

All eyes on Immigration Act case
The real estate industry is waiting with baited breath to see whether the Cape High Court will rule that the Department of Home Affairs has any legitimate grounds to appeal the court's recent decision to set aside the regulations accompanying the new Immigration Act.
(©www.property24.co.za)

Tip of the week
Avoid paying occupational rent for longer than necessary by settling transfer duties timeously, which will ensure the bond gets registered quicker.

(©www.property24.co.za)

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PROPERTY LINKS
Property24 real estate price indicator Residential property market 1q2003
Building statistics Home loan market share
Household debt Survey of average monthly earnings
National nominal flat rental growth Tourism and migration
Calculators Transfer costs
You will require the FREE Acrobat reader to enable you to read reports in this newsletter published in .PDF format

Consumer Advice

BUILDING TERMS
Don't know your architraves from your dados? How about your flaunchings and transoms?
GET TO GRIPS WITH BUILDING TERMS
REAL ESTATE TERMS
What is your cooling off right? What is an escape clause and when is something sold "voetstoots"?

Get to grips with terms used in property sales agreements here.
 
SPECIAL REPORTS
 

From Scuplture to Vision to Reality

This week we focus our special report on a remarkable building which is rising on the Öresund shoreline in Sweden.

The vision of Turning Torso is based on a sculpture of the architect Santiago Calatrava. But it was HSB Malmö's MD Johnny Örbäck who had the vision.

He saw the sculpture in a brochure presenting Santiago Calatrava submitted with his contribution to the architect competition for the Öresund Bridge in June 1999. The sculpture was Twisting Torso - with cubes twisting in a fascinating way from top to bottom, which Johnny Örbäck realised would become a wonderful building.

A few months later Johnny Örbäck went to Zurich to meet Santiago Calatrava, and after some initial reluctance, managed to convince Santiago Calatrava to design a building based on this concept - Turning Torso.

Turning Torso will be 190m tall consisting of nine cubes with five storeys in each. There will be 54 floors altogether including the intermediate floors. Each storey will have about 400m2 living space. There will be 150 apartments between cube three and nine.

Each floor will consist of a square area around the centre, and a triangular part partially supported by an external steel support. The entire construction twists 90 degrees on its way up.

 

 

Click here to visit the official website

Click here to view the construction in progress (live webcam)

Click here to visit the unofficial website on Santiago Calatrava

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ECONOMIC INDICATORS
 
The indicators as on
April 11 2003 21:18
This week
05/04/03
Rand/$
7.7900
7.9410
Rand/£
12.2388
12.4165
Rand/€
8.3786
8.5181
R150
10.95%
10.95%
Gold/oz
$327.70
$325.00
Gold index
2051.30
2037.40
JSE All Share
7818.10
7878.90


G7 aims to fire up global economy
Washington - World finance leaders were set for a series of meetings here Friday aimed at firing up a sputtering global economy that appears to have suffered only limited fallout from the Iraq war.
(©www.busrep.co.za)

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Oil prices down under pressure
Crude oil futures remained under pressure in London trading hours on Friday, as traders continued to adjust their focus away from the war in Iraq and more to the market's bearish fundamentals.
(©www.news24.com)

Rand strong on upgrade hopes
The rand remained strong as it headed into the weekend Friday after a week which saw it surge to multi-month best levels against some of the major currencies.
(©www.news24.com)

Telkom threatens action against Transnet
Telkom has warned to take legal action against Transnet if it continues to illegally land and terminate international voice telecommunications traffic destined for Telkom's PSTN, on Telkom's network.
(©www.news24.com)

Gold price could rally to above $350/oz this year - GFMS
An authoritative gold survey released yesterday suggests that the recent correction in the gold price from highs of over $380/oz in February could be partially reversed in the second half of the year, as investment demand begins to pick up again. It also proposes that the price could well return to a level above $350/oz during the second half of the year.
(©www.miningweekly.co.za)

 
ASAQS NEWS
 

WHEN DOES A VARIATION BECOME A SEPARATE CONTRACT?
Variations Clause
Most standard forms of contract include a clause under which the employer or his representative is able to issue an instruction to the contractor to vary the works which are described in the contract. A change in shape of the scheme, the introduction of different materials, revised timing and sequence are all usually provided for by the variations clause. It will also usually include a mechanism for evaluating the financial effect of the variation and there is normally provision for adjusting the completion date. In the absence of such a clause the employer could be in a difficulty should a variation to the works be required. The contractor could either refuse to carry out the work or undertake the work and insist upon payment on a quantum meruit or fair valuation basis. Calculation of the price for the extra work applying this method could involve payment well in excess of the contract rates.
(©www.jrknowles.com)

Click here to view and comment on clauses developed by a group of our members in the Vaal to address problems experienced by variations on contracts.

Constructive Acceleration Claims
If a contractor is not granted the extension of time to which he is entitled, he may be faced with the possibility of liquidated damages being levied against him. He has a stark choice. He can continue to work as planned and (presumably) efficiently in the hope that a proper extension of time will be granted by the Architect / Engineer ("A/E"). Alternatively he can accept that he is in default, at least temporarily, and increase resources and reorganise the work.
(©www.surveyorsplus.co.uk)

New rates for reimbursable expenses
A new rates document has been added in the CUG this week.

Calling all Candidate Quantity Surveyors
The new APC1 form is now available for download from the ASAQS website.

The routes to becoming a PrQS
Not fully qualified? Did you know that even a person with matric and 15 years of in-service training can write the Council exams and become a professional quantity Surveyor. Click here to download the registration routes for candidate quantity surveyors (In PDF format)

The ASAQS website
We again had huge interest displayed at the content on our site during March 2003 and recorded 125,440 hits from 5374 visitors who browsed through 16,854 pages.

When do we receive most visitors? The graph below shows hourly visits to our website.


There has been a shift in this pattern from last year when most visitors seemed to log in during lunch-time. It now seems that more visitors browse our site during the afternoon and before leaving for home.

Seminars, etc.

April 15, 2003
Event: Adjudication & Dispute Resolution Seminar
Time: 8:00 AM - 5:00 PM
Information: A one day seminar presented by Gigi Fenster & Chris Binnington. Details available on the BCA web site http://www.bca.co.za

Just one month left to book for ProjectPro’s introduction to project management course at the Lifestyle Studios on Cape Town’s V&A Waterfront.

Project Management Demystified (Introductory NQF 4 Level) takes place from 5-6 May 2003 and costs just R2 364 excl VAT. Price includes course manual, PM methodology, lunches and refreshments.

Seen on Classifieds:

Junior QS
An established practise in Centurion is urgently looking for a dynamic and dedicated QS (1 - 3 years qualified) who is serious about furthering his/her career. Will form part of our happy, enthusiastic and efficient professional team.

Office based Quantity Surveyor
Office based UK position for major contractor. must have civils experience.

Senior Quantity Surveyor
Huge £40M project in North of England, mixed development of refurb, new build and highways.

Quantity Surveyor
UK contracts awaiting all levels of Quantity Surveyors.
All locations throughout the UK.

Contracts Manager required
Short / Medium term contract QS required to assist within the development and preparation of subcontract documentation.

QS Required - Cape Town
QS vacancy in professional office - Bham Tayob Khan Matunda, Cape Town. Seeking graduate QS's with minimum 4 years post-graduate experience for exciting projects.

Senior QS Ireland
Cork based company urgently requires QS w/min 7yrs experience - contract administaration, pre&post contract cost control, project management an advantage. Minumim 2 year contract offered. Interviews in Jo'burg & Cape Town in April. Start May/June.

QS - Ireland
Cork based company urgently requires QS w/min 3-5yrs experience - bill production, contract documentation, cost plans, contract administaration an advantage. Minumim 2 year contract offered. Interviews in Jo'burg & Cape Town in April. Start May/June.

Browse to Classifieds for full details

Remember: Visit the ASAQS website for new updates!

We currently have more than 950 access accounts to the CUG!
New members to the CUG


John Davies
Victor Coetzee
Helena Uys
Nicolas Sheard
Rutgert van de Wall
Frank Howard
Benedict Potgieter

Please note : Only paid-up members of the Association of South African Quantity Surveyors are allowed entrance to the CUG. We still receive a number of applications every month from non-members. If you have any questions regarding membership contact Mrs Barbara Morgan on 011-3154140

Also 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.

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DID YOU HEAR ?

An Indecent Proposal

A woman was sitting at a bar enjoying an after-work cocktail with her girlfriends when an exceptionally tall, handsome, extremely sexy, young man entered.

He was so striking that the woman could not take her eyes away from him. The young man noticed her overly attentive stare and walked directly toward them.

Before she could offer her apologies for being so rude for staring, the young man said to her, "I'll do anything, absolutely anything, that you want me to do, no matter how kinky, for R100, on one condition."

Flabbergasted, the woman asked what the condition was.

The young man replied, "You have to tell me what you want me to do in just three words."

The woman considered his proposition for a moment, withdrew from her purse and slowly counted out five R20 bills, which she gladly pressed into the young man's hand.

She looked deeply into his eyes and slowly and meaningfully said:
"Clean my house."

 
 
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