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While Africa is sitting on the cusp of increasing investment, the continent should transform the growth spurt into a more sustainable developmental path that is driven by industrialisation, while also attracting foreign direct investment, says Trade and Industry (dti) Minister Rob Davies.   Emerging economies, including those in Africa, are…

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  South Africa's most ambitious urban development is taking form at Waterfall Business Estate. Unifying northern Sandton and Midrand, Waterfall is a 330-hectare mixed-use development, spanning spans both sides of the N1 highway, from Woodmead Interchange through the Buccleuch Interchange to Allandale Interchange. It joins Modderfontein in the east, reaching…

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South Africa’s Pretoria Portland Cement Company Limited (PPC) and South Africa’s Industrial Development Corporation (IDC) are pleased to announce that they have jointly secured a 47% equity stake in the Habesha Cement Share Company (HCSCo) of Ethiopia.   PPC’s US $12 million cash investment secures 27% equity in HCSCo and…

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President Jacob Zuma, left, on his way to shake hands with his Chinese counterpart Hu Jintao.   International Relations and Co-operation Minister Maite Nkoana-Mashabane is triumphant as she emerges from Beijing’s imposing China World Hotel. Her plan seems to be coming together.   She has just taken over from her Egyptian…

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The Department of Trade Industry (DTI) has launched a green technology and resource efficiency grant under the Manufacturing Competitiveness Enhancement Programme (MCEP) for companies in the manufacturing sector.  R 5.7 billion has been allocated to the MCEP for the next three years.  A portion of this has been specifically allocated…

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Rapidly emerging as a vibrant growth node, Braamfontein in Johannesburg’s inner city is experiencing a surge in demand for property, reports David Reid, investment broker for JHI Properties.   “This area is undergoing a significant turnaround and the escalating demand for property is not as much from an institutional or…

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Construction of a multi-billion Rand 'green building' to house the Department of Water Affairs began in Pretoria on Thursday, signalling a new era in the country's response to climate change.  With R8 billion worth of investment in the construction and maintenance of the building, Environmental Affairs Minister Edna Molewa said…

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With its red running tracks surrounded by black and white seats and floodlights stretching above the roof, London's elliptically shaped Olympic Stadium resemblesmany other sporting venues.   But the building's principal designer, Philip Johnson, believes it will lead a global movement towards sustainable architecture.   Mostly lightweight steel was used in the construction,the roof is made of PVC and the stadium boasts a fabric curtain, designed to minimize crosswinds. Moreover,the water collected from the roof is used to flush thetoilets, while the earth embankments that surround the stadium protect the biodiversity of the site by encouraging plants to grow.   To read the full article click here.      

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Nestled in Ixopo, in the KwaZulu-Natal (KZN) midlands, South Africa’s Department of Public Works enhanced its environmental credentials as it became the first provincial government building receiving a 5-Star Green Star SA office design v.1 rating.   The Green Building Council of South Africa (GBCSA) congratulated the KZN Department of…

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