Eskom is confident it can save at least 10% of the costs of building the Medupi and Kusile power stations, chief officer for generation Brian Dames said.

Friday, 17 April 2009 02:00

Estates go on offer in Limpopo

Van’s Auctioneers have two properties available in the prestigious Leopard Rock Residential Game and Country Estate, both properties scheduled for auction on site on April 23.

Wednesday, 10 December 2008 02:00

Stefanutti wins Kusile contract

Stefanutti Stocks said that a consortium of JSE-listed companies it was leading had won a civil works contract for Eskom’s Kusile power station in Mpumalanga.

Friday, 12 September 2008 02:00

Telkom complex set to be a hit

The former Telkom warehouse on Roan Crescent, Corporate Park North, will be in the spotlight as a standalone offering.

Freight infrasturcture has not kept pace with development of new mines in rural areas.

State power utility Eskom is often criticised for its seeming unwillingness to embrace alternative and renewable energy platforms in seeking ways to align its production with fast-increasing demand

Thursday, 12 July 2007 02:00

Spoornet to invest R1,6bn in Coega line

Rail utility Spoornet would spend an extra R1,6bn in the next four years to build new railway lines linking Coega and Lephalale (Waterberg) coal mines to its national rail network

Building materials supplier Iliad Africa has bought two businesses in the Eastern Cape and Limpopo as part of its strategy to enhance its geographical footprint in the building materials market, it said on Tuesday.

The financial details of the deals were not disclosed.

Construction Industry.USM Building Supplies, which is based in the Eastern Cape, adds trading outlets in Uitenhage and Jeffry's Bay and a truss plant in Dispatch, taking the Iliad network of outlets to 104.

It has an annual turnover of more than 100 million rand.

The acquisition is subject to approval of the competition authorities and the completion of the due diligence process. One-year profit warranties are in place, the company said.

Iliad has also bought Lumber City in Lephalale (formerly Ellisras) at net asset value.

The business will be rebranded Builders Market and existing management has been retained.

"This acquisition expands our presence in Limpopo, and positions Iliad well for the considerable capital projects planned in the region," said Ralph Patmore, chief executive officer of Iliad.

Patmore said these acquisitions would accelerate the group's stated intention of achieving turnover growth of 5 billion rand in the next few years.

Iliad is currently trading under a cautionary related to an unsolicited bid for the group's equity.

Interim results for the 2007 financial year will be announced towards the end of August.

 

Monday, 28 May 2007 02:00

Mining boom fuels jobs bonanza

North West, Limpopo and Mpumalanga are on a roll, thanks to platinum and chrome

Use grants or lose them, says official

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