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Weekend 6 / 7 July 2013 Circulation : exceeds 4,500 subscribers Property and related articles featured on the Internet during the past week brought to you by ASAQS. Editor: Bert van den Heever 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/

QS SALARY SURVEY 2013

An annual survey of salaried staff is conducted among firms in order to determine the hourly rate for principals, partners, members of close corporations and directors. As such principals are not necessarily allocated a salary, different categories of salaried personnel are used as a basis, with a factor added in order to arrive at an hourly rate.

If you run a professional practice please click here to participate in the survey.

Do you know the answer?

Is the bearing level for the horsing up of ground floor column formwork, measured from natural ground level or the top of the supporting column base? Does a definition of bearing level even exist? Try searching for a definition on the internet! (Here is a tip:- try to Google "bearing level" near "formwork", the results will be more relevant and if you find the definition let me know!)

Do you think paintwork in colours which have a value of 7 or less on the Munsell system in accordance with the relevant SABS specification shall be given separately? Does the latest SANS specification even refer to the Munsell system?

A well known QS says: "...We should possibly also consider comments, guidelines, Practice Notes on how Preliminaries should actually be Paid ? (it is not as simple as "Fixed", "Value" and "Time", especially if one works with current day Contractors where they do not complete the project within Contract time +-50% (or more), and then one finds that "Preliminaries have run out". (We manage F and T, using "Anticipated completion date" to ensure Preliminaries are not overpaid.)" Do you agree?

Click here to read the full article.

SACQSP News

The Green Vision 20/20 sold-out conference was by all accounts an excellent event enjoyed by all. If you want to relive the feel of the event, click on the link below to see the photographer’s record of the event. The conference papers delivered will be made available to the QS Profession as CPD material later this year.

http://cons.uct.ac.za/sacqsp-2013-research-conference/sacqsp-conference-2013/sacqsp-2013- conference-photos

ASAQS wish to appoint a director for EduTech

The Association of Quantity Surveyors South Africa (ASAQS) is a voluntary organization that is the custodian of the Quantity Surveying profession in South Africa.

EduTech is a division within ASAQS and is mandated with Education and Technical support to our members. EduTech has a vacancy for an EduTech Director to be responsible for the managing and further developing of the EduTech center

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] into a fully operational arm of ASAQS.

Click here to view the advert in full

Winner of the Gold Medal Award 2013

The winner of the ASAQS Gold Medal for best quantity surveying student was announced last night during the Green Vision 20/20 Conference dinner.

Click here to read who the winner was.

Reinstatement of a degree in Quantity Surveying at UKZN

Mr Deon Vermeulen (left), President of the ASAQS, announces that UKZN will be reinstating the BScPropDev leading to the Honours in and Quantity Surveying in 2014.

Click here for more information.

Dr Corné de Leeuw awarded Life Membership of the ASAQS

Click here for the full news item.

Netspot : Your 4th of July question : What would happen if you shot off fireworks in space?

Do you think they will explode in a near-zero oxygen environment? If they do, will they be as pretty as here on earth?

To find the answers click here.

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, we publish the preliminary dates of some of these congresses for your attention :

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

ACHASM Client Lead Construction Health and Safety Symposium CAPE TOWN, 21 AUGUST 2013 The 2nd Association of Construction Health & Safety Management (ACHASM) conference will provide a forum for construction industry role players to address construction health & safety related matters with specific emphasis on Client Leadership in the industry and Design Risk Management.

The conference will be commercial in nature and aims to stimulate interaction between pro-active construction developers (Clients), serious construction companies, and the various professional consulting role players active in the industry.

Click here for the symposium leaflet (PDF) Click here to download the symposium registration form (Excel)

EARLY BIRD REGISTRATION ENDS 31 JULY 2013

EMPLOYMENT CORNER

EMPLOYMENT OFFERED

Junior QS / Estimator

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] Industry is seeking a Junior / Estimator with experience to work on various Integrated Housing sites. Browse to the Career Centre for more information.

Training Quantity Surveyor We are looking for a highly motivated Quantity Surveyor to join our practice in Umhlanga, Durban. Browse to the Career Centre for more information.

Senior Quantity Surveyor A minimum of 10 years in a PQS office mainly in South Africa. Experienced in commercial retail, hotel and office developments is a specific requirement. Browse to the Career Centre for more information.

Junior or QS in training Experience in measuring building projects, preferably WinQS is a requirement. Browse to the Career Centre for more information.

Estimator BSC Quantity Surveying degree or similar, preferably P.QS. Browse to the Career Centre for more information.

JUNIOR QUANTITY SURVEYOR We are looking for a vibrant and excited training Quantity Surveyor to join our firm in La Lucia. Browse to the Career Centre for more information.

Contractor's QS You will be responsible for all aspects of quntity surveying for two building projects with an estimated vlue of not less than R 50m. Browse to the Career Centre for more information.

Quantity Surveyor De Leeuw Group - Our Stellenbosch office require a quantity surveyor with 4 to 6 years experience in handling building projects. Your duties will entail all surveying aspects. Browse to the Career Centre for more information.

Prof Quantity Surveyors x 3 This multi disciplinary consultancy needs a further three quantity surveyors to support their ongoing projects locally in South Africa, Africa and Middle East. Browse to the Career Centre for more information.

Procurement division DelQS provides QS services in South Africa but is also active in a number of other African countries. The position is for a QS who enjoys the procurement aspects of quantity surveying including post-contract services. Browse to the Career Centre for more information.

Quantity Surveyors MLC Quantity Surveyors has positions available in Gauteng, Durban, Mauritius & Dubai for enthusiastic and motivated university qualified Quantity Surveyors (both experienced and recently qualified) to work on a variety of exciting and challenging projects in South Africa and Internationally. Browse to the Career Centre for more information.

BS 18779 - Senior Professional Quantity Surveyor The successful candidate will be tasked with handling full Snr PQS functions of large scale projects and senior clients. Browse to the Career Centre for more information.

Quantity Surveyor QS required. Browse to the Career Centre for more information.

Procurement division DelQS provides QS services in South Africa but is also active in a number of other African countries. Browse to the Career Centre for more information.

MEP Quantity Surveyor MEP QS Mixed Use Residential/Commercial, Dubai, UAE. Browse to the Career Centre for more information.

BS 18737 - Junior Estimator The successful candidate will report to the Senior Estimator and will be tasked with handling full Estimating of large scales commercial tenders. Browse to the Career Centre for more information.

Quantity Surveyors Qualified and registered professional QS with about 7 years post qualification experience working in the offices of a PQS firm required. Browse to the Career Centre for more information.

Contract/Freelance Quantity Surveyors file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] Pentad Quantity Surveyors requires Freelance Quantity Surveyors to do production work on a contracting basis. Browse to the Career Centre for more information.

Commercial Manager Candidates must have previously taken charge of the QS Division of the Building Company forming part of a large South African Construction Group. Browse to the Career Centre for more information.

Chief Estimator Candidates must have considerable experience pricing Bill of Quantities and other tender documentation for major building works. Browse to the Career Centre for more information.

Building Estimator Candidates must have been an Estimator for a large building group and have taken complete responsibility for the successful pricing and completion of at least 15 building tenders for up to R 600m. Browse to the Career Centre for more information.

Senior Quantity Surveyor We are looking for a Senior Quantity Surveyor (SMP) To ensure the maximisation of project revenue. Browse to the Career Centre for more information.

Junior Quantity Surveyor Join our Professional QS company and gain substantial quantity surveying experience. Browse to the Career Centre for more information.

Registered Junior QS Qualified QS position. Have to be willing to travel and sleep out. Browse to the Career Centre for more information.

Registered Senior QS Require PrQS with at least 5 to 10 years post-registration experience in all normal QS services. Browse to the Career Centre for more information.

SEEKING EMPLOYMENT

Quantity Surveying Johnson Tavengwa. Dedicated to the deligent delivery of quantity surveying function with high integrity. Browse to the Career Centre for more information.

Quantity Surveyor Abdul Khaliq. I like to work with Construction team. Browse to the Career Centre for more information.

Jr. Quantity Surveyor Herman Terblanche. I would like to obtain a jr. Quantity Surveyor position under a Professional Quantity Surveyor so that I may make myself elegible for the Profossional Quantity Surveyor interviews in three years time. Browse to the Career Centre for more information. What you get :

QUANTITY SURVEYOR TECHNICIAN/PROJECTS MANAGER Banner adverts on the ASAQS EDIAS KUZONYEI. I am mature male Quantity Surveyor Technician with seven years experience in both consulting and website - about 1,000,000 contractor fields. I would like to take opportunities mainly from the consulting firms. Browse to the Career Centre for more hits/month! information. A Mini-ad on the ASAQS website Quantity Surveying and on the Weekend Property and Nico Lombard. Junior QS in training. To gain experience in the QS field. Browse to the Career Centre for more Construction News - 5,300+ information. subscribers

Quantity Surveyor Preferential exposure of your Miehleketo Brighton Baloyi. To get myself established in the field of construction and built environment, through products and services professional training and practical endeavour within the industry; where i can fully utilise my acquired skill to make a Targeted marketing at only R484.50 meaningful contribution within the field of Built Environment. Browse to the Career Centre for more information. (inclusive) per month Graduate Quantity Surveyor Don't wait, we only have a limited

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] Zipho. To work in an entry level position that will give me exposure to the support I need to register with the SACQSP. I number of slots left. To make use of would like to be a PrQS within the next 10Years. Browse to the Career Centre for more information. this opportunity contact Bert van Quantity Surveyor den Heever the ASAQS Webmaster. Faeez Rajah. Seek a position in utilizing my quantity surveying and construction management qualification. Browse to the Career Centre for more information.

Junior Quantity Surveyor Christo Smal. University of the Free State, obtained with distinction. B.Sc.Hons.QS - University of the Free State, in Please note that the ASAQS web progress. Browse to the Career Centre for more information. shop is on line 24/7 for all your document requirements. Graduate QS Seeking Employment 2014 Jason Billing. I am currently studying at the University of Cape Town( BSc (Hons) Quantity Surveying) and i am looking for an employment position for next year at a Professional Quantity Surveyors firm so that i may train to become a Professional Quantity Surveyor. Browse to the Career Centre for more information. National Building Regulations and Quantity Surveyor Building Standards Act, 1977 (Act To be the senior quantity surveyor. Browse to the Career Centre for more information. 103 of 1977)

Quantity Surveying Graduate I would like to join a company where my leadership skills and strong people skills can be utilized to achieve project goals. The Project Management Browse to the Career Centre for more information. Calendar

Quantity Surveying View local and international events Certification, Bill of Quantity production, Final accounts, Construction. Browse to the Career Centre for on the project management more information. calendar as listed by ProjectPro.

Senior QS / Development Manager / Viability Expert Virus or Hoax? Highly motivated self-starter. Works extremely well under pressure and takes pride in that a solution will be found to any problem that might arise. Browse to the Career Centre for more information. In case you ever receive an e-mail containing a virus warning please Quantity Surveyor check carefully whether it refers to a Andrew Kaduku. A results driven, self-motivated and resourceful quantity surveyor working as part of a busy team real virus or a hoax. Usually e-mail effectively managing all the costs relating to building and civil engineering projects. Browse to the Career Centre for more warnings encouraging you to information. forward the information to all and Junior QS / / Foreman sundry are hoaxes. You can make Bulelani Dyonase. I am a hardworking person, enthusiastic and solid minded. I would ike to work for a QS firm or as a sure by visiting the Virus or Hoax? Site QS as a Junior or QS. I am good at problem solving and managing people and maintaining as well as manage time web site or by visiting the hoax list well and work under stress. Browse to the Career Centre for more information. on Symantec

Be an informed Internet user and CALENDAR check the facts before forwarding an e-mail hoax to others! 9 July 2013

GCC Edition 2010 – 2ndEdition Get to grips with building terms by Time: 08:30 clicking here. Where: Pretoria, Gauteng Information: BCA envisages that the wider ambit of the new GCC will mean increased take up of this contract. Contractors and clients from the building environment who in the past would not have looked to GCC may now consider it for their building projects. Contact: Norah ([email protected]) "He has no enemies, but is intensely 9 / 10 July 2013 disliked by his friends.." - Oscar Wilde FIDIC Time: 08:30 Where: Windhoek, Namibia Now that I'm older here's what I've Information: This 2-day training course on the practical use of the FIDIC International Suite of Standard Form discovered: Construction Contracts has been specifically designed to equip all Course Participants with a practical and detailed It is easier to get older than it is to understanding as well as a working knowledge of the relevant legal principles, etc. get wiser. Contact: Faith ([email protected]) Walking can add days to your life. 19 July 2013 This enables you at the age of 85 SANS 10400XA Refresher Course years to spend an additional 5 Time: 08:30 months in a nursing home at Where: Cape Town R10,000 per month. Information: A full day Refresher Course on the SANS10400XA - Energy Usage in Buildings

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] Contact: Emily Khemisi ([email protected]) My friend thinks he's smart, he said onions are the only food that makes 23 / 24 July 2013 you cry... so I threw him with a Construction Claims coconut! Time: 08:30 Where: Johannesburg, Gauteng Numbers: Information: Construction claims…from hundreds of thousands to many millions of Rands to even the smallest of claims 4 months – they are in short time consuming and divert valuable and scarce resources away from where they are needed most and The average number of months a they are destructive to what may seem like even the most solid of business relationships. Botox treatment lasts. Contact: Faith ([email protected])

24 / 25 July 2013

A 2 Day Workshop on the FIDIC Contract Documents Time: 08:30 Where: Midrand, Gauteng Information: This workshop, now conducted annually, will serve both as a refresher and update for those who attended the course in the last few years, and as new exposure for those who did not. Contact: Norah ([email protected])

Probe into Construction Industry collusive tendering praised On 24 June, the Competition Commission reached a settlement with 15 construction firms, who agreed to pay fines to the tune of R1.46 billion for collusive tendering. (©www.sacommercialpropnews.co.za)

Beneficiaries a voice in govt housing Government will in future involve beneficiaries in the planning and building of the communities in which they live. (©www.property24.com)

Pietermaritzburg Mediclinic Grows Bigger and Better The development is the single biggest investment in a project within the group’s portfolio of 52 hospitals in South Africa. Mediclinic Southern Africa representing the Southern African operations of Mediclinic International, the sixth largest private hospital group in the world, has approximately 7 130 beds in 52 multidisciplinary hospitals in South Africa and Namibia. (©www.constructionreviewonline.com)

Every building in Route 21 Corporate Park gets dark fibre After becoming the first office park to install an open-access dark fibre network three years ago, Route 21 Corporate Park, the R2 billion office park development near Irene, has now moved into phase two. (©www.eprop.co.za)

FNB invests over R400 million in Kwazulu-Natal Development First National Bank, celebrated the ground breaking of a new office development, valued at R430 million in Umhlanga, Kwazulu Natal. (©www.eprop.co.za)

JHI Properties conclude R4.2m lease in Cape Town Commercial space in prime hubs in Cape Town’s popular Southern Suburbs is in demand, with retail hotspots in Claremont – close to Cavendish Square, Claremont CBD and the railway station highly sought after. (©www.eprop.co.za)

Listed property sector regains ground South Africa’s listed property sector surged 8.2% during the week that ended on 28 June 2013, on the back of lower bond yields, a stronger Rand and some quarter-end window dressing. (©www.eprop.co.za)

Medium to Long-term, Listed Property is a better bet Property Pundits have argued that higher yields and solid fundamentals make South Africa's listed property a good bet even in volatile times. (©www.sacommercialpropnews.co.za)

Best & worst listed property funds For the week ending 28 June, JSE listed property funds Redefine, Fountainhead, SA Corporate, Emira and Hyprop emerged as the top 5 star perfomers. (©www.property24.com)

Yields and fundamentals make listed property a good bet even in volatile times Volatile bond markets may have caused some suffering for SA’s listed property sector in recent weeks, but the

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] opportunities for investors are still there, thanks to higher yields and sound market fundamentals. (©www.eprop.co.za)

Redefine International acquires certain remaining minority interests Redefine International plc‚ said on Monday it had acquired the remaining minority interests in its Newington House‚ Ciref Malthurst and Trito Kwik-Fit entities for an aggregate purchase price of £1.9m. (©www.sacommercialpropnews.co.za)

NEPI expects distribution per share to be 15% higher New Europe Property Investments (NEPI) has reported that it anticipates that the distribution per share for the six months ended 30 June 2013 will be approximately 15% higher than for same period last year. (©www.sacommercialpropnews.co.za)

South African Property Fund primed to seize opportunities in Europe Incorporated in Bermuda in October last year and listed on the BSX in March, GoGlobal Properties is a new property fund exported from South Africa getting ready to seize opportunities in Europe. (©www.sacommercialpropnews.co.za)

EMPLOYMENT CORNER

Senior Project Controls Manager The post requires a person who has already held a senior post on a massive EPC Contract as the project's Project Controls Manager. This ad is not aimed at Planners or Cost Managers. Browse to the Career Centre for more information.

CONTRACTS MANAGER - Mauritius Construction Buidling & Civil Well established building and civil construction company based in Mauritius is seeking extra staff. Browse to the Career Centre for more information.

KR 15705 - Recruitment Consultant (Construction/Building) You will work with other team members - whilst being able to stand alone - to assist client companies in identifying the right candidates for them as well as to assist candidates in defining their career goals and providing them with the right opportunities with our clients to achieve said goals. You will need to really enjoy a good challenge and be rewarded in direct proportion to your performance. Browse to the Career Centre for more information.

Contracts Manager - Mauritius Highly reputable contractor in Mauritius building for a developer on major residential/leisure projects in Mauritius, requires a further Contracts Manager to support their ongoing workload. Browse to the Career Centre for more information.

Need construction personnel? The best way to advertise your vacancies are in the Career Centre section on the ASAQS website - it's absolutely FREE! Adverts submitted to the Career Centre 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.

Closure of Rosebank Mall Rooftop Market sparks legal battle A decision by Hyprop Investments Limited, the owner of Rosebank Mall to shut down the iconic weekend Rooftop Market has sparked outrage among traders. (©www.sacommercialpropnews.co.za)

Brooklyn mall Brooklyn Mall situated in Pretoria, co- owned by Growthpoint Properties Limited and Atterbury’s Abacus Property Holdings, is currently undergoing a major facelift to compliment the dynamic node in which it is located, to attract leading retail and to add international flavor in the mix. (©www.constructionreviewonline.com)

Murray and Roberts appointed primary contractor of US$200 million Bay West Mall Co-developers of the super regional Bay West Mall, Abacus Asset Management and Billion Group, have appointed construction industry giants Murray & Roberts (M&R) as the primary contractor on the R2 billion (US$200million) project, set for opening in early 2015. The company took to the site in Port Elizabeth's western suburbs, adjacent to the N2, recently under the eye of Alex Boyazoglu, MD of M&R Buildings. (©www.constructionreviewonline.com)

Christmas Fun in July Christmas is coming early this year at Silverstar Casino. In a bid to offset the winter blues and provide a delightful taste of Christmas ahead of December, Silverstar, in collaboration with the Imagineering Corporation, have created a Bavarian themed Christmas village which should transport visitors to the merriest time of year. (©www.privateproperty.co.za)

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] Breaking the mould – 3D printed houses Three-dimensional (3D) printing technology has been part of ’ world for years. Recently, however, the Dutch Janjaap Ruijssenaars of Universe Architects came forward with a design for an actual, habitable residence using this technology. (©www.designmind.co.za)

Grand Egyptian Museum The Grand Egyptian Museum holds in trust for Egypt and the World a chronological statement for the ancient history of Egypt over the past 7000 years. Neighboring a timeless wonder, the Giza Pyramids, the new museum is to pay homage to eternal Ancient Egyptian monuments, treasures, and history hosting over 100,000 artifacts, about 3500 of which belong to the famous King Tutankhamen. (©www.constructionreviewonline.com)

Umeå School of Architecture Umeå School of Architecture is located by Umeå River in Sweden with its interior landscape of open floor levels and sculpturally shaped stairs, the building resonates with creativity and artistic experimenting. (©www.constructionreviewonline.com)

GREAT BUILDINGS:

Great Mosque, by unknown, at Kairawan, Tunisia, 820 to 836. (©www.greatbuildings.com)

ARCHITECTURE SOUTH AFRICA

Read the latest issue online by clicking here.

EMPLOYMENT CORNER

ARCHITECTS x THREE Due to ongoing and new projects which are starting, this well established and reputable Architectural Practice requires three architects to support their current staff. Browse to the Career Centre for more information.

Need architectural personnel? The best way to advertise your vacancies are in the Career Centre section on the ASAQS website - it's absolutely FREE! Adverts submitted to the Career Centre 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.

A Project Decision Tree Project leaders often make decisions in the face of uncertainty and available choices might or might not produce the desired outcome. In these cases, a decision tree can help identify the “best” choice — the one most likely to give you what you want most of the time. Here’s an example of how to use a decision tree. (©www.projectsatwork.com)

EMPLOYMENT CORNER

PQS Project Managers Due to new projects starting June, July and September, our Client requires further staff to support their many shopping centre projects. Browse to the Career Centre for more information.

Planner Must have at least 10 years experience working on large contracts preparing programmes, progress reports, resource management information. Browse to the Career Centre for more information.

Need Project Managers? The best way to advertise your vacancies are in the Career Centre section on the ASAQS website - it's absolutely FREE! Adverts for Project Managers submitted to the Career Centre 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.

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] SA sets up infrastructure to verify local-content claims A new technical instrument has been introduced to support South Africa’s strategy of increasing the level of local content in the goods and services procured by government and State-owned entities and to add impetus to the country’s re- industrialisation efforts. (©www.engineeringnews.co.za)

Prefeasibility work starts on Durban dig-out port Prefeasibility work that will deliver the final spatial design and plan for Durban’s R100-billion-plus dig-out port began this week; however, this is just the start of an extremely “rigorous” process before the first phase is delivered in early 2020, Durban dig-out port programme director Marc Descoins said. (©www.engineeringnews.co.za)

Sip 2 key to unlocking capacity along SA’s freight corridors – Transnet Government’s Strategic Infrastructure Project (Sip) 2 would be key to unlocking economic development and providing much needed capacity along key freight corridors in South Africa, provided that the diverse range of public and private sector stakeholders planned and coordinated the roll-out of infrastructure, Transnet Group strategy GM Irvindra Naidoo told the Transport Forum, in Durban, on Thursday. (©www.engineeringnews.co.za)

EMPLOYMENT CORNER

Pre-Contract Specialist - Qatar Work experience preferably of (8-10) years gained from Pre Contract in infrastructure or building . Browse to the Career Centre for more information.

Post Contract Specialist - Qatar The Contracts Specialist (Post) reports directly to the Acting Head of Contract Services and is responsible to ensure, prepare and supervise all activities relevant to Claims that are submitted to him. Browse to the Career Centre for more information.

Need engineers? The best way to advertise your vacancies are in the Career Centre section on the ASAQS website - it's absolutely FREE! Adverts for Engineers submitted to the Career Centre 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.

Kawena and OK Zimbabwe sign expat shopping deal South African company Kawena Distributors has signed an agreement with OK Zimbabwe — the biggest retail operator in the country — that will enable expatriate Zimbabweans in South Africa to buy goods for families and friends back home through a "Shop Easy Card". (©www.bdlive.co.za)

Chinese firm bids for US$53million Mongu stadium A Chinese firm, Shanghai Construction Group has submitted its bid for the construction of Zambia's 20,000-seater proposed Mongu Stadium in Western Province. Shanghai is the Chinese firm currently constructing the 60,000-seater Lusaka stadium, which is scheduled for completion this October. (©www.constructionreviewonline.com)

Obama's 16billion dollar face off with China in African scramble As U.S. President, Barack Obama, concluded his African tour in Tanzania, he visited the Ubungo Symbion Power Plant in Dar es Salaam where he highlighted a new initiative, Power Africa, he had unveiled earlier in South Africa and which aims to double the number of people across the continent that have access to power. (©www.constructionreviewonline.com)

Kenya to build US$93Million ultra-modern tourism university A multi-billion shilling construction of the country’s first fully-fledged university offering degrees in purely hospitality is due to commence at the Kenyan Coast. The KSh8 billion (US$93Million) ultra-modern tourism university to be known as Ronald Ngala Utalii College, will be set up at Vipingo, Kilifi County on 60 acres of land belonging to the Ministry of Tourism. (©www.constructionreviewonline.com)

Dangote Cement to venture into Kenya Nigeria-based Dangote Cement is planning to enter the Kenyan market .The company wants to buy a cement firm in Kenya and has already sent emissaries to look at Mombasa Cement and the National Cement Company owned by Devki Group. This comes barely a month after the firm began building a cement plant at Mtware in southern Tanzania. (©www.constructionreviewonline.com)

Nairobi-Thika road expansion

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] Due to the successful completion of the road, commuters are enjoying faster, reliable, comfortable and more affordable journeys’. The 50km, KES 35 billion (US$418million) Nairobi -Thika Superhighway, officially opened in November 2012 by former President Kibaki, will contribute greatly into transforming Kenya into a strong economic hub for the region and beyond. (©www.constructionreviewonline.com)

Giyani lists on Namibian stock exchange Canada-based gold exploration company Giyani Gold, which listed on the AltX board of the JSE last month, on Friday announced that it has successfully listed on the Alternative Investment Board (AIX) of the Namibian Stock Exchange (NSX). (©www.miningweekly.com)

Chinese consortium selected to revive Uganda copper mine A Chinese consortium has won a concession to revive production at Uganda's Kilembe copper mines in the west of the country near the border with the Democratic Republic of Congo (DRC), a government official said on Friday. (©www.miningweekly.com)

Taurus Gold enters JV with Randgold to explore Mali project British Virgin Islands-based West African explorer Taurus Gold has entered into a joint venture (JV) agreement with Randgold Resources to explore and potentially develop the Bakolobi gold project, located 30 km south of Randgold's Loulo mine, in Mali's south-west. (©www.miningweekly.com)

Wits Gold bids for Burnstone, decision expected next week Witwatersrand Consolidated Gold Resources (Wits Gold) on Friday said that it had offered to buy embattled Great Basin Gold’s (GBG’s) suspended Burnstone gold operation, in Mpumalanga. (©www.miningweekly.com)

Q3 ferrochrome price down 11% The European benchmark ferrochrome price for the third quarter of 2013 had been settled $1.12/lb, ferrochrome producer Merafe Resources said on Friday. This was an 11% decrease on the settled price of $1.27/lb in the second quarter of the year. (©www.miningweekly.com)

SA platinum fund holdings race to 500 000 oz Holdings of Absa Capital's platinum-backed exchange-traded fund have risen above half a million ounces just 10 weeks after its launch, accounting for a quarter of all global platinum ETF reserves, the fund said on Friday. (©www.miningweekly.com)

ARM delivers business over politics message A decision to build a ferromanganese smelter in Malaysia may run counter to the South African government's beneficiation stategy, but it makes good business sense. (©www.miningmx.com)

Sedibeng mine to construct a beneficiation plant in 2015 Beneficiation was planned for the Sedibeng iron-ore mine, near Postmasburg, in the Northern Cape, Industrial Development Corporation (IDC) Northern Cape regional manager Mehmood Ahmed said last week during a media visit to the mine. (©www.miningweekly.com)

New houses in Protea Glen from R450k A new development in Soweto's Protea Glen Ext 11 will offer two and three bedroom homes from R450k including transfer and bond costs. (©www.property24.com)

Morningside penthouse up for auction If you are looking for ultra-luxurious living, look no further than the Gatsby-style penthouse in Morningside which will be auctioned on 24 July. (©www.property24.com)

Cotswold Downs estate living in KZN On the outskirts of Hillcrest in KwaZulu-Natal, Cotswold Downs conjures up images of peaceful English villages and gentle, rolling hills. (©www.property24.com)

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] Buy a leisure home in Plettenberg Bay Plettenberg Bay remains a primary holiday spot and the property market conditions still favour buyers in offering good value. (©www.property24.com)

Buying property in Franschhoek Synonymous with fine wine and world class cuisine, Franschhoek in the Western Cape has a lot to offer home buyers. (©www.property24.com)

Tyger Valley Waterfront flats appeal The Tyger Valley Waterfront in Cape Town has flourished and become a recognised social gathering place with sought- after apartments on the market. (©www.property24.com)

On Going Price Rises in Table View A Rawson Table View agent, Laura-Lee van der Spuy, has now had 28 years of close association with the Cape Town West Coast suburb. (©www.privateproperty.co.za)

Floor colouration for old or new wooden floors Express your style! With the unique and varied colouration system, Bona Create, you can add a personal touch to your wooden floor. FloorworX offers an opportunity for creative freedom by changing the colour of new unfinished or old wooden floors that have been sanded back to bare wood. (©www.designmind.co.za)

Will you be wealthy enough to retire? Too many apportion insufficient shares of their income towards asset accumulating investments and instead choose to purchase consumption goods. (©www.property24.com)

Factors That Influence a Property's Value According to research, it only takes a potential buyer a few minutes to decide whether they like a property or not. As with most areas in life, selling a property is all about making a good first impression, says Adrian Goslett, CEO of RE/MAX of Southern Africa. (©www.privateproperty.co.za)

Have We Lost The Plot? There are so many good reasons to invest in a property of your own, but unfortunately we seem to have lost sight of the benefits and turned our focus on the negative. (©www.privateproperty.co.za)

Buy or Sell First - Which is Better? When it comes to time to sell, whether to upscale or downscale, there is always the dilemma of whether to buy another property first, subject to selling the current home or to sell the existing one first and then buy elsewhere, says Michael Bauer, managing director of IHPC, a Cape Town based estate agency, which now also has offices in Gauteng. (©www.privateproperty.co.za)

Home loans for buy-to-let property A home loan is still arguably one of the most useful investment vehicles offering a risk-free and tax-free saving, says home loans expert. (©www.property24.com)

Few Defaulting Creditors Flying 'Under The Radar' Just how important it has become to maintain a clean credit record, if you wish to apply for a mortgage bond on a home, has been shown by figures recently released by the National Credit Regulator’s CEO, Nomsa Motshegare. (©www.privateproperty.co.za)

What Are The Economic Realities of Buy to Let? Last week’s group discussion lead by Ewald Kellerman, Head of First National Bank Home Loans around the buy to let market highlighted three major issues. (©www.privateproperty.co.za)

Greenest municipality winners announced Ekurhuleni metropolitan has added a feather in its cap by being announced the overall winner in the Greenest Municipalities competition, walking away with prize money of R3.5 million. (©www.eprop.co.za)

Portside building achieves 5 star green rating Portside, one of the tallest buildings on the Cape Town Foreshore has received the prestigious 5-Star Green Star SA Office Design rating which recognises South African excellence in building design.

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] (©www.eprop.co.za)

InnoWind leases space for R4.2 million in Cape Town Renewable energy developer InnoWind has signed a five year lease at the Oval in Newlands valued at R4.2 million, which has established a head office in Cape Town. (©www.sacommercialpropnews.co.za)

Tower Property Fund to differentiate through green strategy Tower Property Fund, set to list on the JSE under REIT structure, has set a clear strategy of occupancy cost reduction across the board for all the buildings within the fund’s portfolio, with a strong focus on "greening" underpinning the fund. (©www.eprop.co.za)

GBCSA sees upsurge in Green Building Certifications It’s inevitable that South African property developers and businesses are embracing sustainability development as the number of buildings achieving Green Star SA ratings has increased. (©www.sacommercialpropnews.co.za)

Escalation of Green Star SA ratings in month of June June proved a bumper month for green building certifications with a total of six new buildings receiving a Green Star SA rating from the Green Building Council South Africa. (©www.eprop.co.za)

Tower Property Fund all set to make JSE debut The Tower Property Fund, set to imminently list on the JSE under the brand-new REIT structure, has set a clear strategy of occupancy cost reduction across the board for all the buildings within the fund’s portfolio, with a strong focus on "greening" underpinning the fund. (©www.sacommercialpropnews.co.za)

Concerns that gas could undermine renewable-energy development Increasing the role of gas may be one answer to a low-carbon economy, but it could also undermine support for renewable energy, Mac Consulting principal consultant Dave Collins has argued. (©www.engineeringnews.co.za)

Environment-friendly brick-making plant commissioned Environment-friendly concrete brick manufacturer Cape Brick, in March upgraded its existing mixing plant at its manufacturing plant in Philippi, in the Western Cape, to a 1 500-ℓ-capacity mixing plant to manufacture concrete bricks comprising 70% recycled crushed aggregates (RCAs). (©www.engineeringnews.co.za)

Kenya Receiving Assistance from Japan on Renewable Energy Development The Japan International Cooperation Agency (JICA) is working to bring more power that includes renewable energy and better transmission to the people of Kenya. (©www.renewableenergyworld.com)

Solar Power Heads in a New Direction: Thinner Most efforts at improving solar cells have focused on increasing the efficiency of their energy conversion, or on lowering the cost of manufacturing. But now MIT researchers are opening another avenue for improvement, aiming to produce the thinnest and most lightweight solar panels possible. (©www.renewableenergyworld.com)

The Indicators as on 5 July 2013 2013 16:31 This week 29/06/2013 Rand/US$ 10.15 10.00 Rand/BP 15.11 15.22 Rand/Euro 13.02 13.05 Gold/oz $1222.68 $1192.14 JSE All share 39494.22 39267.70

Rand steady in anticipation of US jobs data THE rand marked time on Friday at midday ahead of crucial US nonfarm payroll figures expected out later in the day. (©www.bdlive.co.za)

Tax breather on the cards The Treasury has published for public comment two tax amendment bills that once legislated will leave South Africans and companies with extra cash. (©www.fin24.com)

file:///C|/Users/Bert/Documents/My%20Websites/ASAQS/Weekend%20Property%20News/Past%20Issues/2013/060713.html[04-01-2015 19:23:07] SA fuel price: It's not so bad South Africans are at their wits' end and turning to buses as petrol prices rocketed in July - but we still have it cheap compared to the rest of the world. Kind of… (©www.fin24.com)

SA's net reserves down South Africa's net gold and foreign exchange reserves fell for the fifth straight month in June, dipping to $44.604bn, data from the Reserve Bank shows. (©www.fin24.com)

Oil supply worries ease in Egypt Oil prices have fallen following recent rallies over Middle East supply worries after Egypt's army overthrew the government. (©www.fin24.com)

Youth spending report finds student debt is exploding STUDENT debt is exploding amid revelations that South African university students can legally acquire credit cards as long as they can prove that they receive a steady income of as little as R200 a month from a parent or a guardian. (©www.bdlive.co.za)

Investment guide for a forced retirement A Fin24 user who had to stop working at 50 is looking for a fixed monthly income with high returns and low risk. (©www.fin24.com)

Economic Data and Forecasts

Economic data and economic information about South Africa and the region. Market trends, economic reviews and forecasts. Economic indicators such as interest rates, exchange rates, repo rate, interbank rate, forward rates, monetary aggregates, consumer price index and producer price index.

A summary of data available from various institutions is available on the SA Financial Sector Forum Website at http://financialsectorforum.com/category/economic-information/

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