Eris Property Group  has appointed a new Chief Executive Officer (CEO). Barend de Loor will assume his new role at the property development, investment and services group as of 1 September 2019, succeeding long-standing CEO of 15 years, Warren Schultze.

One of South Africa’s most recognised and highly-regarded property developers and investors, Jeff Zidel, is set to retire in June after a distinguished 47-year career in the industry. 

Many South African investors were recently introduced to Nomura Holdings Inc.’s new iPhone index which will most likely herald a brand new catchy acronym such as Ii or I2 (but we’ll leave that to the creatives to decide).

Tuesday, 04 October 2011 02:00

Lesotho water project needs scrutiny

Lesotho constructed Polihali Dam, with its capacity of 2,2-billion cubic meters, made the LHWP one of the largest transboundary water-transfer schemes in the world.

Wednesday, 11 February 2009 02:00

Regional cement sales down

Cement sales in January in southern Africa were down 4.7% year-on-year to 935,913 tons from 982,424 tons at the same time a year ago, data from the Cement and Concrete Institute showed on Tuesday.

Construction IndustryThe institute noted that January 2009 had one less sales day than January 2008.

"If the decrease in sales days is taken into account, total regional sales were only 0.2% lower than January 2008," it said.

Regional sales are down 4.7% at 935,913 million tons on a year-to-date basis in 2009.

The moving annual total in southern Africa was down 4.0% year-on-year in January to 14.7 million tons.

Exports to other countries excluding Swaziland, Botswana, Lesotho and Namibia rose by 376.5% to 31,986 tons – up 376.5% on a year-to-date basis.

 

Wednesday, 14 January 2009 02:00

Regional cement sales up

Cement sales in southern Africa were up 0.8% year-on-year (y/y) in December to 921,570 million tons, data from the Cement and Concrete Institute showed on Tuesday.

The institute noted that December 2008 had two more sales days than the same month last year, and if the increase is taken into account, total regional sales were 9.3% lower than in December 2007.

Regional sales are down 3.9% at 14.719 million tons on a year-to-date basis.

The moving annual total in southern Africa was down 3.9% y/y in December to 14.7 million tons.

Exports to other countries excluding Swaziland, Botswana, Lesotho and Namibia rose by 158.1% to 18,385 tons, bringing total exports sales since the beginning of the year to 153,065 tons - down 28.2% on a year-to-date basis                                                        

Construction Industry

Tuesday, 12 February 2008 02:00

SA cement sales up 5.8%

The moving annual total of cement sales in South Africa increased 5.8% year-on-year (y/y) in January 2008 from the 7.4% y/y increase reported in December, according to Cement and Concrete Institute (CNCI) data released on Monday.

At the end of January 2008, cement sales were reported up to 15.290 million tons from the 14.448 million tons reported a year earlier.

Construction IndustryTotal sales in January, however, amounted to 982,424 tons from 1.008 million tons in January 2007, a decrease of 2.5%.

Exports of cement in January decreased 79.7% to 6,713 tons from 33,430 tons a year earlier.

Sales to Botswana, Swaziland, Lesotho and Namibia amounted to 1.191 million tons of the total sales in January, up from 1.030 million tons a year earlier.

Cement sales in South Africa grew 6.6% in 2007 to a record 14.1 million tons. This followed an 11.0% rise in 2006, an 11.6% gain in 2005, a 17.4% surge in 2004 and a 7.0% climb in 2003.

The 2010 soccer World Cup stadia, some new dams and the Gautrain project have been adding to cement demand.

 

The Clay Brick Association has announced the appointment of Pierre Sanson as its new Executive Director.

Tuesday, 03 May 2005 02:00

Demand triggers record cement sales

Domestic cement producers have benefited handsomely from the strong rise

Cement sales in the Southern African Customs Union (Sacu) increased 5.7 percent last month as economic growth spurred demand from the construction industry.

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