Weekend Property & Construction News

Weekend 14 / 15 March 2009 Circulation : exceeds 4,750 subscribers

Property and Construction related articles featured on the Internet during the past week brought to you by ASAQS. Editor: Bert van den Heever 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/property_news.html

Quantity Surveying News Construction and Development ASAQS NEWS News Retail Roundup

Newsflashes for Architects CALL FOR NOMINATIONS Project Management News QUANTITY SURVEYING PROFESSION ACT 2000 (ACT NO 49 OF 2000) Engineering News News for Estate Agents and Section 3.(1)(a), (b), (c) and (d): Home Owners Latest property news Through an open process of public participation: Invitation to nominate one or more persons for consideration and possible appointment by the Minister of Business Incentives Public Works as members of the South African Council for the Quantity Surveying Profession News from Africa Mining News Sections 4.(1) and (2): The Agent's tool kit When any nomination becomes necessary in terms of Section 3(1)(a),(b),(c) or (d) the Council must invite Building Terms registered persons, the voluntary associations, educational institutions, the State and the public Weekly Economic Indicators respectively, via notice in the Government Gazette and any newspaper the Council considers necessary, Key Economic Indicators but at least in a leading newspaper in each province, to nominate persons, in the prescribed manner, Free Contracts within a period of at least 60 days from the date of the notice Tailpiece The following should be noted:

Nominations should be made on the nomination forms available on request from the Registrar’s office (tel: 011 312 2560; e-mail: [email protected]) or on the Council’s website: www.sacqsp.org.za. (please click here to download the nomination form) Now in electronic format and All nominations are to supported by completed acceptance forms and curricula vitae of Nominees regularly updated. For more Subscribe to the Newsletter presented in the prescribed format. information call 086 111 1273 or Update your information Successful Nominees will be appointed in their own right and not as respresentatives of any visit our website . particular organization/s. All Nominees must be South African citizens and ordinarily resident in the Republic. Nominations and acceptances must be submitted to the Registrar of the Council within 60 days of publication of the Board Notice in the Government Gazette No 31925 on 27 February 2009. file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

Late nominations will not be considered. First Name: PROFESSOR GAYE LE ROUX (PrQS Reg. No 837) Offering South Africans the best REGISTRAR available solutions since 1929 Your profession Other SACQSP FAREWELL FUNCTION We wish to collect the names and professions of our old subscribers in order to personalise our newsletter A farewell function was held for the 2005-2009 Council on Thursday evening 12 March 2009 at the in the future. All you need to do is Intercontinental Airport Sun. Photographs of the evening are available in the photo gallery of the submit your name and select your profession... our computers will do SACQSP website. the rest!

GAUTENG CHAPTER AGM

The Gauteng Chapter of ASAQS held their AGM and first CPD lecture for 2009 during a breakfast session in Midrand on Tuesday 10 March 2009.

Please click here for photographs taken during the event.

First Name:

ASAQS CONFERENCE 2009 POSTPONED E-mail: Members are advised that the ASAQS Congress 2009 that was earlier announced to be scheduled for Port Elizabeth on 21 and 22 May 2009 has been postponed to a date later in the year. Details as to the Your profession date and venue will be made available as soon as arrangements have reached a sufficient level of Other finalisation. We apologise for any inconvenience.

Subscribe: Un-subscribe: GREEN STAR SA ACCREDITED PROFESSIONAL COURSES – APRIL 2009 The Green Building Council SA (GBCSA) is pleased to announce the next series of Green Star SA Please make sure that you are connected to the Internet before you Accredited Professional courses, which are taking place during April 2009 as follows : press the GO! button. We value your subscription. • Johannesburg: Wednesday, 15 April 2009 - The Forum, The Campus, Bryanston • Durban: Friday, 17 April 2009 Venue TBC • Cape Town: Tuesday, 21 April 2009 - Vineyard Hotel, Claremont

The courses aim to provide professionals with an understanding of the Green Star SA rating system and the ability to apply the Green Star SA rating tools to local projects. The full one-day course incorporates lecture-style teaching, case studies and a multi-disciplinary small group exercise. Topics covered include the history and operation of the GBCSA, the Green Star SA rating system and the certification process.

For more information on this interesting and informative series of courses, and to book online, please visit http://www.gbcsa.org.za/events/events.php.

file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

IPD/SAPOA PROPERTY INVESTMENT CONFERENCE 2009

Members are informed of the 7th Annual IPD/SAPOA Property Investment Conference 2009 scheduled as follows:

• Date : 30 to 31 July 2009 • Venue : BMW Pavilion Conference Centre, Cape Town

For further information on this conference please contact Sally Keeling or Sue Constance (telephone 011 – 480 4800 ; facsimile 011 – 484 2193 ; e-mail [email protected]) or view the website www.ipd.com.

ANNOUNCEMENT OF FORTHCOMING CONGRESSES / CONFERENCES

In order to assist members to plan their diaries this year in terms of forthcoming congresses and conferences they may wish to attend, attached the preliminary dates of some of these congresses for your attention (more details to follow) :

Green Building Council SA Green Star Accredited Professional Courses • 15 April 2009 - The Forum, The Campus, Bryanston, Gauteng • 17 April 2009 - Venue TBA - Durban, KwaZulu Natal • 21 April 2009 - Vineyard Hotel, Claremont, Cape Town

The Fourth Built Environment Conference 2009 (Hosted jointly by ASOCSA and the CBE) 17 to 19 May 2009 - Livingstone, Zambia 1st Call for papers

ASAQS Conference 2009 - POSTPONED 21 to 22 May 2009 - Port Elizabeth, Eastern Cape

ICEC World Congress 2010 21 to 26 May 2010 – Singapore

AACE's 53rd Annual Meeting - Seattle, Washington Sunday, June 28, 2009 through Wednesday, July 1, 2009

Green Buildings Conference 2009 7 to 8 July 2009 – Sandton Convention Centre, Johannesburg

IPD/SAPOA Property Investment Conference 2009 30 to 31 July 2009 – BMW Pavilion Conference Centre, Cape Town file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

PAQS Conference 2009 17 to 19 August 2009 – Kuala Lumpur, Malaysia

RICS Legal Research Symposium 2009 10 to 11 September 2009 - Cape Town, Western Cape

MBSA Congress 2009 27 to 29 September 2009 - Sandton Convention Centre

SAFCEC Conference 2009 11 to 12 October 2009 – Champagne Sports Resort, Drakensberg

SACQSP Academic Conference 2009 17 October 2009 – Durban, KwaZulu Natal

ICEC World Congress 2012 23 to 26 June 2012 – Durban, South Africa

Members are encouraged to plan ahead and to support these conferences/congresses !!

CLASSIFIEDS

Senior Cost Engineer PQS, EPCM Projects Johannesburg Preparation of cost estimates for project activities; recourse requirements are key. Browse to Classifieds for full details.

Junior Cost Manager Minimum of one years experience as Assistant Cost Manager on a wide range of projects of all sizes and dimensions. In addition, the Assistant Cost Manager may perform the role of Commission Manager on smaller less complex projects. Browse to Classifieds for full details.

QS positions in Mozambique Two vancancies in Mozambique for Mozambique citizens only. Senior QS and Project Manager (who must also be a QS) needed urgently by international company. Browse to Classifieds for full details.

Need quantity surveying personnel? The best way to advertise your vacancies are in the Classifieds section on the ASAQS website - it's absolutely FREE! Adverts submitted to the Classifieds are also included in this newsletter. We also have a number of employment consultancies as sponsors, please see their adverts at the top of this newsletter.

CALENDAR

16 / 17 March 2009 file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

Event: Practical Use of the FIDIC Suite of Standard Form Time: 9:00 AM - 4:00 PM Information: This 2-day training course on the Practical Use of the FIDIC International Suite of Standard Form Construction Contracts has been specifically designed to equip all Course Participants with a practical and detailed understanding as well as a working knowledge of the relevant legal principles, contractual provisions and management mechanisms which combine in FIDIC’s international suite of standard form contract. Contact: Elaine King [email protected] Phone Number: 011 447 7470

17 / 18 March 2009

Event: Microsoft Project 2007 Scheduling Time: 8:15 AM - 4:30 AM Information: This course will take place from the 17-18 March 2009. For more info contact Terry Deacon at 0825573119. Contact: Antoinette Monama [email protected] Phone Number: 012 346 6674

19 March 2009

Event: Contract Law Time: 8:00 AM - 4:45 PM Information: The seminar will provide essential information on contractual matters for the construction industry. Contact: Norah [email protected] Phone Number: 011 888 6141

19 / 20 March 2009

Event: Advanced: Program Management Professional Time: 8:15 AM - 4:30 AM Information: This course will take place at the Saint George Hotel, Midrand, from the 19-20 March 2009. For more info contact Terry Deacon at 0825573119. Contact: Terry Deacon [email protected] Phone Number: 012 346 6674

20 March 2009

Event: New Engineering Contract Cape Town Time: 8:00 AM - 4:45 PM Information: This seminar will look initially at contract strategy from the perspective of main Contractor/Sub-contractor appointment. Contact: Norah [email protected] file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News Phone Number: 011 888 6141

23 / 24 March 2009

Event: Commercial Contract Drafting for Non-Legal Profess Time: 9:00 AM - 4:00 PM Information: This step-by step practical training course offers clause-by-clause guidance and will cover in detail everything you need to know about drafting commercial contracts that give you a distinct advantage. Contact: Elaine King [email protected] Phone Number: 011 447 7470

24 / 25 March 2009

Event: FIDIC Workshop Cape Town Time: 8:00 AM - 4:45 PM Information: The content of the workshop will be based on recent developments in the industry and in the development of contracts in general and the FIDIC contracts in particular. Contact: Norah [email protected] Phone Number: 011 888 6141

26 / 27 March 2009

Event: NQF Level 4: Project Management Demystified Time: 8:30 AM - 4:30 PM Information: This course will take place from the 26-27 March 2009 at the Centurion Lake Hotel, Centurion. For more info contact Terry Deacon at 0825573119 Contact: Antoinette Monama [email protected] Phone Number: 012 346 6674

Remember : Visit the ASAQS website for new updates!

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 ASAQS 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.

Back to Index What you get :

Banner adverts on the ASAQS website (675,000 hits/month!) A Mini-ad on the ASAQS file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News website and on the Weekend Property and Construction News (4,750+ subscribers) Preferential exposure of your products and services Targeted marketing at only R484.50 (inclusive) per month

Don't wait, we only have a limited number of slots left. Click here to download the sponsorship form or contact Bert van den Heever the ASAQS Webmaster

CONSTRUCTION AND DEVELOPMENT NEWS

Fund puts $20m in SA firm Global investment company Kingdom Zephyr has invested $20m in South African power infrastructure and heavy building materials company Buildworks. (©www.eprop.co.za)

Players come with a wealth of experience ONE of the main players behind the Serengeti Golf & Wildlife Estate is Leon van der Vyver, CEO Power Developments, who has a background in executive management, project management, building and construction. (©www.businessday.co.za)

Big infrastructure boost for WC The upgrading and building of new infrastructure in the City of Cape Town will be boosted by R325m this financial year. (©www.property24.com)

Pilot Project Deploys Law Enforcement Officers to CIDs The City of Cape Town, the City’s Law Enforcement division and the Central City Improvement District (CCID) are pleased to announce the launch of a four-month pilot project to contract Law Enforcement officers within the Central CID, as well as within the Epping and Sea Point CIDs. (©www.eprop.co.za)

Value for the first-time buyer CONSTRUCTION on Muizenberg’s new Soralia Village has already commenced. Packaged as a lifestyle development, the site’s key selling points include its location in Muizenberg — a popular seaside file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News rendezvous just outside Cape Town. (©www.businessday.co.za)

Timing is the key to success, developers say THE inception of residential golf developments in SA dates back to about 1985, when Denis Barker turned his dairy stud farm into the country’s first golf estate, known today as Selborne Golf and Spa Estate on the KwaZulu-Natal south coast. (©www.businessday.co.za)

Sandton City makeover makes complex bigger, better, bolder CONSTRUCTION on the first phase of the R1,77bn redevelopment and expansion of Sandton City has begun, marking the beginning of a project recently announced by Liberty Properties Development. (©www.businessday.co.za)

R2 billion Malakite Park development for Greenstone Hill, Modderfontein Balwin Properties has announced it is developing the prestigious Malakite Park in Greenstone Hill, which includes 50,000sqm of AAA grade offices, a 4-star upmarket residential hotel, The Malakite, an upmarket sectional title residential development, Strelitzia, comprising of 376 apartments. (©www.eprop.co.za)

Commercial project comes to Jhb east A new commercial development is currently being developed in the east of Johannesburg. (©www.property24.com)

Aveng eanings up 43% Aveng has reported a 43% increase in headline earnings per share to 244.4 cents for the six months ended December 2008 from 171.4 cents a year ago. (©www.eprop.co.za)

Phoenix Investment project forges ahead Madison Property Fund Managers’ international investment company, the recently established Global Phoenix Property Investments Ltd, will list on the Bermuda stock exchange towards the end of May. (©www.eprop.co.za)

O-Line turns in strong figures O-Line Holdings reported a strong performance for its interim period, boosted by a boom in investment in infrastructure projects in SA and Africa. (©www.eprop.co.za)

Aveng wary despite solid first-half innings CONSTRUCTION group Aveng continued to secure new contracts and significantly grow its earnings during its first half to December, despite tightening market conditions. (©www.businessday.co.za)

Iliad nets marginal increase on low demand Building materials retailer Iliad Africa posted a marginal earnings, weighed down heavily by a sharp drop in demand in the residential building sector. (©www.eprop.co.za)

Ceramic Industries earnings down 18.3% Ceramic Industries reported an 18.3% decline in headline earnings per share to 376.1 cents for the six file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News months ended January from 460.2 cents a year ago. (©www.eprop.co.za)

Edge Properties sells Inner Circle to Sinosteel Property development and investment company Edge Properties has sold its commercial office development, the Inner Circle, to China’s Sinosteel Corporation for R500m. (©www.eprop.co.za)

EMPLOYMENT CORNER

Principal / Senior Business Consultant Manages a multi-discipline technical team to provide technical support function to a multi-disciplinary transaction advisory team. Browse to Classifieds for full details.

Project-Contracts Manager / Quantity Surveyor / Site Manager and Procurement/Logistics Manager We are a 12 year old active and fast growing construction company with a large joinery manufacturing division. We are based in Dar es Salaam, Tanzania. Browse to Classifieds for full details.

Clerk of Works - Ladysmith Our client is currently looking for an experienced Clerk of Works with lengthy experience in the building industry; on brickwork and structures for the large infrastructure/Rail projects current taking place in South Africa. Browse to Classifieds for full details.

Need construction personnel? The best way to advertise your vacancies are in the Classifieds section on the ASAQS website - it's absolutely FREE! Adverts submitted to the Classifieds are also included in this newsletter. We also have a number of employment consultancies as sponsors, please see their adverts at the top of this newsletter.

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RETAIL, HOTEL AND LEISURE ROUNDUP BUSINESS INCENTIVES Tax Incentives Top Drakensberg resort hotel up for sale Research and development One of the Drakensberg’s most famous landmarks, The Nest Hotel, is being sold after being successfully incentives run by the present owner for 21 years. Competitive enhancement incentives (©www.rodneyhayter.com) Export incentives file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News Industrial financing Mdantsane City review The successful opening of Mdantsane City in East London on 24 April 2008, witnessed a first, state of Industrial participation the art facility for the Mdantsane community. Social responsibility (©www.eprop.co.za) FREE CONTRACTS New shopping centre for Melrose Arch Domestic Employment March 26 will witness the opening of the much anticipated R1bn Melrose Arch Shopping centre, the Offer to purchase newest dimension to the Melrose Arch precinct. Lease agreement (©www.eprop.co.za) Loan agreement Agreement of sale Sandton City makeover makes complex bigger, better, bolder Will Construction on the first phase of the R1,77bn redevelopment and expansion of Sandton City has begun. An Agreement giving General Power (©www.eprop.co.za) of Attorney Building of mall sparks dispute Contract for Housing and Minor Gugulethu businessmen will go to war in the Cape high court over the rightful ownership of land that the Works R350million Gugulethu Square mall is being built on. (©www.eprop.co.za)

Hotel occupancy rates drop in Dubai Hotel occupancy rates in Dubai dropped to 79% in 2008, the lowest level since 2004, with a decline in demand from Europe due to the financial crisis. (©www.eprop.co.za)

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NEWSFLASHES FOR ARCHITECTS THE ASAQS WEBSHOP Please note that the ASAQS Great Buildings webshop is back on line for all your Bibliotheque Nationale, by Etienne-Louis Boullee, at Paris, France, 1785. (©www.greatbuildings.com) document requirements.

EMPLOYMENT CORNER

Need architectural personnel? The best way to advertise your vacancies are in the Classifieds section on the ASAQS website - it's absolutely FREE! Adverts submitted to the Classifieds are also included in this newsletter. We also have a number of employment consultancies as sponsors, please see their adverts at the top of this newsletter.

Thanks to the PIA for some of the information published in this section - drop them a note at [email protected] A REMINDER OF THE PIA’S OWN WEBSITE FOR INTER-MEMBER COMMUNICATIONS, FORUMS, DISCUSSIONS, ETC. www.pia.org.za file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News Back to Index

PROJECT MANAGEMENT NEWS ProjectPro The Project Management Calendar Project Task Duration Estimation Project estimation does not have to be new or novel to the executing or responsible parties on the View local and international events project. Ultimately, estimation is and will always be an educated guess with some risk mitigation, which is on the project management supported by prior knowledge in the form of experience. As the team marches through the project, they calendar as listed by ProjectPro. will find that the uncertainties are consumed by duration of project just as the arrival estimate of a GPS system becomes more accurate as we approach the target location. (©www.projectmagazine.com) ProjectPro ...linking vision to reality Visit ProjectPro® today EMPLOYMENT CORNER

Consulting Project Manager Get involved from the start! Our client is a reputable & long established local Project Management consultancy, with an impressive array of projects in their pipeline. Browse to Classifieds for full details.

Senior Project Manager This role is part of a team providing project management services to existing clients within Maputo as well as actively participating in increasing the existing client base. Browse to Classifieds for full details.

Senior Project Manager Senior Project Manager required for Durban based Project Management/Engineering company. Browse to Classifieds for full details.

Retail Project Manager - JHB An amazing opportunity for a retail project manager to join one of South Africa's innovative retail chains stores. Browse to Classifieds for full details.

Need project managers? The best way to advertise your vacancies are in the Classifieds section on the ASAQS website - it's absolutely FREE! Adverts for Project Managers submitted to the Classifieds are also included in this newsletter. We also have a number of employment consultancies as sponsors, please see their adverts at the top of this newsletter.

VISIT SACPCMP file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News SACPCMP was established to provide for statutory professional certification, registration and regulation of Project and Construction Management Professions in order to protect public interest and advance construction and project management education. To visit the The South African Council for the Project and Construction Management Professions.... click here

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ENGINEERING NEWS

Acquisitions, global expansion vital to contractor's R10bn-by-2013 vision "We are on the acquisition trail," says Basil Read CEO Marius Heyns. "We have to beef up our buildings division with some acquisitions. We'll make an announcement as soon as we are ready." (©www.engineeringnews.co.za)

Africa’s biggest data centre being built in Joburg Building contractor Grinaker-LTA, a subsidiary of the JSE-listed Aveng group, is constructing a multi million-rand data centre at Samrand, in Midrand, thought to be the largest in Africa. (©www.engineeringnews.co.za)

Developer sings the praises of new Western Cape office park Property developer Abland, in joint venture with Arun, one of the global leaders in wireless local area networks and secure mobility solutions, is building a R160-million office park in Tyger Valley, in the Western Cape. (©www.engineeringnews.co.za)

Engineering company expands capacity Power solutions company Meissner opened its newly acquired 6 600 -m2 warehouse in January 2009, providing the company with a factory floor area four times bigger than its original floor size. (©www.engineeringnews.co.za)

IDC still committed to greenfield prospects despite big economic-rescue focus The head of South Africa’s Industrial Development Corporation (IDC) acknowledges that government and the private sector are likely to lean heavily on the organisation for ‘brownfield’ refinancing and credit support in 2009. (©www.engineeringnews.co.za)

Inland refiners could get big advantage ?on pipeline charges, BP warns Oil group BP said its rivals in South Africa may be gifted a competitive advantage worth R1,2-billion rand a year if state-owned utility Transnet was allowed to quadruple fuel-pipeline charges over the next two years. ©www.engineeringnews.co.za) file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

EMPLOYMENT CORNER

Senior Tunneling Engineer - Ladysmith Due to continued infrastructure developments in South Africa, our client is now looking for experienced tunnelling professionals; ideally with civil and structural consulting engineer bakground, you will have extensive tunnelling experience and be able to advise and consult the client on all technical matters in this respect. Browse to Classifieds for full details.

Projects & Programming (Engineering/Technicial) Cape Town Want to get involved with the 2010 frenzy? This could be your opportunity! Browse to Classifieds for full details.

Cost Engineer This is now an URGENT requirement! Do you want to be involved in one of the biggest projects in South Africa's history? Well this could be your opportunity to be part of it. Browse to Classifieds for full details.

Concrete Specialist Our client is currently in a JV with several other big international players completing the Gautrain Project. Due to the project gaining monentum in recent months they are now looking for specialists to join the team. Browse to Classifieds for full details.

Need engineers? The best way to advertise your vacancies are in the Classifieds section on the ASAQS website - it's absolutely FREE! Adverts for Engineers submitted to the Classifieds are also included in this newsletter. We also have a number of employment consultancies as sponsors, please see their adverts at the top of this newsletter.

From the Safcec newsletter:

Western Cape News PLEASE DIARISE THE MORNING OF THE 19TH MARCH – again a workshop not to be missed. The workshop is titled “Now that you have the contract, how are you going to finance it?”

Western Cape - MANCO meeting The MANCO meeting scheduled for 3rd March has been postponed until 24th March.

KwaZulu Natal News Contractual Claims Course: 24 March 2009 A Contractual Claims Course based on GCC2004, FIDIC and NEC will be held on Tuesday 24 March 2009 in the MBA Boardroom, 40 Essex Terrace, Westville.

SAFCEC Sports Day, Friday 3 April 2009 Time has come again for companies to tackle one another on the playing grounds!

Training Needs Analysis for Medium Size Companies SAFCEC is assisting medium sized companies to complete their training needs analysis for their employees, to see what training is required in their companies. file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News Training Schedules The training schedules for Gauteng, Eastern & Western Cape are now available on our website. Please check under our training section.

Construction Contract Law/New Engineering Contract (NEC)/FIDIC Members are advised that the following 2-day training courses are scheduled to take place in Johannesburg, Durban and Cape Town.

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

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NEWS FROM AFRICA VIRUS OR HOAX? In case you ever receive an e-mail containing a virus warning please check carefully whether Zimbabwe open for shopping it refers to a real virus or a hoax. Usually e- mail warnings encouraging you to forward the SOMETHING extraordinary is happening in Zimbabwe. Supermarket shelves that were empty three information to all and sundry are hoaxes. You months ago are once more stacked with produce. can make sure by visiting the Virus or Hoax? (©www.businessday.co.za) web site or by visiting the hoax list on Symantec

Mozambique to increase gas output, Sasol in charge Be an informed Internet user and check the Mozambique said on Wednesday it has approved a plan to increase gas production from the current 120- facts before forwarding an e-mail hoax to million gigaJoules to 183-million gigaJoules in the next two years after discovering two new gas fields. others! (©www.engineeringnews.co.za) If you suspect that you have opened an e-mail containing a virus visit the virus information $563bn needed to meet Africa’s 20-year power needs – analyst section on Virus or Hoax? The site also links Some $563-billion worth of investment would be required for over the next two decades for sub-Saharan to free virus-removal programs. Africa’s (SSA’s) electricity supply industry to be in a position to match supply with demand and to support FREE ANTI-VIRUS SCAN economic growth, Frost & Sullivan analyst Jeannot Boussougouth estimates. Click here for links to free ant-virus software and (©www.engineeringnews.co.za) scanning facilities on the Net.

Mozambique approves $8,5bn for energy projects PC PITSTOP Mozambique has approved $8,5-billion to boost power generation by up to 3 400 MW under its Energy At PC Pitstop they will help you get your PC in top form -- running fast, stable and secure. PC Pitstop file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

Strategic Plan by 2013, the country's energy minister told Reuters on Thursday. runs diagnostics on your PC to identify things that (©www.engineeringnews.co.za) might help improve performance. Visit PC Pitstop - it's free. Malawi to study 175-MW hydro project The Malawi government is planning to embark on a feasibility study into the construction of a hydroelectric power station that will generate 175 MW on South Rukuru river, in the north of the country. (©www.engineeringnews.co.za)

Africa still in Brazilian mining major’s sights The company’s biggest coal project to date is in Africa – in Mozambique. “The coal market is a very important market for us, not only thermal coal, as in the case of the Colombian acquisition, but also metallurgical [coal],” highlighted Barbosa. (©www.miningweekly.com)

TWP starts R22,8m dewatering design contract for First Quantum Multidisciplinary consulting engineering firm TWP has begun work on a R22,8-million contract for the design of a dewatering shaft and pump station capable of pumping 100 megalitres of water a day at Canadian-miner First Quantum’s Frontier copper mine, in the Democratic Republic of Congo (DRC). (©www.miningweekly.com)

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MINING NEWS GET ACROBAT READER

Call for urgent rate cuts as mining, factories stumble You will require the FREE Acrobat reader to FACTORY output plunged a record 11% in January compared with the same month last year, enable you to read reports in this newsletter highlighting the plight of the economy’s second-biggest sector as waning global demand takes a published in .PDF format mounting toll on exports. (©www.businessday.co.za)

Eskom power plants fire up coal sector Eskom has received six expressions of interest from companies with coal deposits in the Waterberg in Limpopo to supply coal to the utility's third new power station. (©www.busrep.co.za)

Sylvania accelerates new chrome, platinum recovery projects Sylvania Resources was fast-tracking the development of its new Doornbosch and Tweefontein chrome and platinum recovery plants, it revealed on Friday. (©www.miningweekly.com)

And then there was one: Silver Wheaton makes good on M&A promise Silver Wheaton will acquire its only competitor in the business of buying and reselling byproduct silver from mines, through an all-share transaction worth about C$190-million, the firm announced on Thursday. (©www.miningweekly.com) file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News Dwyka secures full-ownership of Burundi nickel project Dwyka Resources, through its wholly owned subsidiary Danyland, has secured full ownership of the Muremera nickel project, in Burundi, following an agreement with diversified mining giant BHP Billiton. (©www.miningweekly.com)

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NEWS FOR ESTATE AGENTS AND HOME OWNERS THE AGENTS' TOOLKIT Property Research Cash buyers active in Mossel Bay Investments & Personal Finance Cash buyers are doing the rounds in Mossel Bay as property prices shift down a notch. Research (©www.property24.com) Quarterly Economic Perspective Bond Repayment Calculator KZN full of under-R500k properties Selected Repayment A large quantity of properties under R500k has become available in KwaZulu-Natal due to factors such as Affordability - “What loan amount the National Credit Act (NCA) and stricter bank criteria. do I qualify for? (©www.property24.com) Bond Term - “How soon can I Bluff enjoys buoyant rental market pay off my Loan? The buy-to-let market on the Bluff in Durban has gathered momentum in recent months as strict banking Monthly Repayment - How much protocols hamper sales. is my monthly repayment? (©www.property24.com) Bond Costs - How much will my bond cost be? Sandton market under pressure Additional Payment - What The Sandton property market, a key indicator of conditions in the upmarket real estate sector, is taking happens if I pay extra each strain, according to Natali Giannakakis, principal of local agency Homenet Professionals. month? (©www.rodneyhayter.com) Multiple Payments - What Renovated buildings hold risks happens if I pay more than once Purchasing flats in newly-renovated or converted buildings has as many potential pitfalls as upsides. per month? (©www.property24.com) Estimated Building Replacement Cost CBD student accommodation popular With record numbers of students entering universities this year, demand for student accommodation in Buying a home - step by step central Johannesburg is starting to outstrip supply. guide (©www.property24.com) Selling a home - step by step guide Seek out full-care retire villages People are living longer so making your money go further is what it's all about in retirement – especially BUILDING TERMS when it comes to property and health considerations. Don't know your architraves from (©www.property24.com) your dados? Don't know your flaunchings from your transoms? So far, so good! GET TO GRIPS WITH BUILDING Are we going to follow the world into the banking abyss? So far we’re doing OK, according to a lead TERMS article in the latest Pam Golding Properties Intellectual Property Magazine. (©www.rodneyhayter.com) file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

Property Tip of the Day 99 – Check Neighbours Building? When your neighbour starts building a new house, check the building plans immediately. (©www.rodneyhayter.com) Receive weekly property news Beware of bad neighbours updates via e-mail. Good fences might make good neighbours but bad ones won't be good to your house's value. Click here to register. (©www.property24.com)

New market spawns new buyer type The promulgation of the National Credit Act (NCA), the global economic downturn and its impact on South Africa and the demise of the 100 percent-plus home loan have spawned a new breed of buyer. (©www.property24.com)

Upgrade planning before upswing Local authorities should make use of the lull in the property market to revamp and upgrade their planning departments. (©www.property24.com)

Separate rating of sectional title units July 1 is D-day for all sectional title units throughout the country to be independently rated by the local municipalities. (©www.rodneyhayter.com)

Check where your levies are going Property owners in estates and cluster complexes should ensure that they get good value for their monthly levies - by ensuring that their homeowners' association (HOA) has a proper constitution. (©www.rodneyhayter.com)

Upper-end prices still rising While house prices in middle and lower income suburbs continue to fall, upper-end property values are bucking the trend with strong growth still being recorded in a number of South Africa's posh suburbs. (©www.property24.com)

Grasp the make-up of mortgage bonds Because we refer to property related loans as "mortgage bonds", borrowers often confuse the two parts that constitute the whole transaction. (©www.property24.com)

Mortgage bonds: early termination interest Most homeowners would like to settle their bonds as soon as possible but do not consider the issue of termination interest. (©www.rodneyhayter.com)

Jawitz reports strong interest in Sale by Private Tender Since the launch of the Sale by Private Tender (SBPT) initiative two weeks ago, Jawitz Properties reports in a March 04 media release “very strong interest from sellers and buyers across the spectrum.” (©www.rodneyhayter.com)

February oobarometer shows annual house prices still falling The latest oobarometer shows that annual house prices fell a further 0.7% in February this year. file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News (©www.eprop.co.za)

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THIS WEEK'S ECONOMIC INDICATORS TAILPIECE

What Promises Do a Man and a The indicators as on Woman Make When They Get 13 March 2009 at 15:34 Married? 07/03/2009 This week "A man and a woman promise to Rand/$ 9.9100 10.5400 go through sickness and illness Rand/£ 13.8900 14.9900 and diseases together." Marlon, Rand/€ 12.8100 13.3400 age 10 Gold/oz $935.45 $936.49 Gold Mining 2941.46 2784.46 English / Chinese Translations • I think you need a facelift - Chin JSE All Share 19758.17 18522.27 Tu Fat Reserve Bank policy must limit impact of slowdown SOUTH African fiscal and monetary policy have to play a more central role in limiting the potential impact A pair of chickens walk into a on the local economy of a global slowdown, Reserve Bank Governor Tito Mboweni said on Friday. public library, find the librarian and (©www.businessday.co.za) say, 'Buk Buk BUK.' The librarian SA banks' home loan bogey decides that the chickens want Financial results posted by SA's big four retail banks this month suggest the sector is facing a growing three books, and promptly gives mountain of bad debts, particularly in home loans. them some. Without further ado, (©www.fin24.com) the chickens walk out.

Worst probably over for credit card defaults in SA Around midday, the two chickens While defaults on credit card loans are threatening another crisis abroad, the worst may be over in South are back and looking quite Africa. annoyed. One leans over to the (©www.busrep.co.za) librarian and says,' Buk Buk BuKKOOK!' The librarian decides Rand below R10/$ on improved risk appetite THE RAND was trading below the key R10 to the dollar level in noon trade on Friday, benefiting from that the chickens want another renewed risk appetite on the back of firmer global markets after US stocks posted their third straight day three books and promptly gives of gains. them some more. The chickens (©www.businessday.co.za) leave as before. file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/140309.htm[2012/10/16 20:10:56] Weekend Property & Construction News

JSE extends gains on global bourses About an hour later the two birds SOUTH African stocks continued to move in line with strong global markets and extended gains in noon march back in, approach the trade today with miners and financial stocks continuing to give the bourse firm support. librarian, looking very angry now (©www.businessday.co.za) and nearly shouting, 'Buk Buk Buk Buk Bukkooook!' Bonds gain on rand, switch talk BONDS gained further ground during the course of the morning on Friday on the back of the sturdy rand The librarian is now starting to get and talk that there will be a switch auction next week. worried about where all her stock (©www.businessday.co.za) is going. She decides to give them more books but also to follow them KEY ECONOMIC INDICATORS and find out what's happening. Economic Data and Forecasts She followed them out of the Economic data and economic information about South Africa and the region. Market trends, economic library, out of town, and into to a reviews and forecasts. Economic indicators such as interest rates, exchange rates, repo rate, interbank park. At this point, she hid behind rate, forward rates, monetary aggregates, consumer price index and producer price index. a tree, not wanting to be seen.

A summary of data available from various institutions is available on the SA Financial Sector Forum She saw the two chickens Website at http://www.finforum.co.za/econdata.htm throwing the books at a frog in a pond, to which the frog kept repeating, "Rrredit Rrredit Back to Index Rrredit..."

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