Weekend Property & Construction News

Weekend 21 / 22 February 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 COMBINED PRESIDENTS / VICE PRESIDENTS TOUR 2009 Newsflashes for Architects Project Management News The Presidents and Vice Presidents Tour is well underway. The delegation comprises: Engineering News • Professor Rob Pearl (President of ASAQS) News for Estate Agents and Home Owners • Mr Indresen Pillay (Vice President of ASAQS) Latest property news • Mr Egon Wortmann (Executive Director of ASAQS) Business Incentives News from Africa The party this week visited Cape Town, Port Elizabeth and Durban and will visit Mafikeng next week. The Mining News tour will be completed before the next ASAQS Board scheduled for 02 to 03 April 2009. The programme The Agent's tool kit is as follows : Building Terms Weekly Economic Indicators CITY CHAPTER WEEKDAY DATE Key Economic Indicators 1 CAPE TOWN WESTERN CAPE WEDNESDAY 18 FEBRUARY 2009 Free Contracts 2 PORT ELIZABETH EASTERN CAPE THURSDAY 19 FEBRUARY 2009 Tailpiece 3 DURBAN KWAZULU NATAL FRIDAY 20 FEBRUARY 2009 4 MAFEKING NORTH WEST MONDAY 23 FEBRUARY 2009 5 BLOEMFONTEIN FREE STATE WEDNESDAY 04 MARCH 2009 Now in electronic format and 6 KIMBERLEY NORTHERN CAPE THURSDAY 05 MARCH 2009 regularly updated. For more information call 086 111 1273 or Subscribe to the Newsletter 7 MIDRAND GAUTENG TUESDAY 10 MARCH 2009 visit our website . Update your information 8 NELSPRUIT MPUMALANGA WEDNESDAY 11 MARCH 2009 9 POLOKWANE LIMPOPO THURSDAY 12 MARCH 2009 10 WINDHOEK NAMIBIA FRIDAY 24 APRIL 2009 file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News

First Name: We look forward to this tour which will enable the ASAQS members to meet with the ASAQS executive Offering South Africans the best members and to share their experiences, expectations and concerns with each other. We appeal to available solutions since 1929 Your profession members to support these functions in their respective region and to maximise on the benefits that can Other be derived from such a tour.

We wish to collect the names and The programme of events in each region will be made available to the members in each region in good professions of our old subscribers in time before the arrival of the delegation. We look forward to seeing you there !! order to personalise our newsletter in the future. All you need to do is submit your name and select your profession... our computers will do PRESIDENTIAL REPORT the rest! The President has prepared a comprehensive 'President's Annual Report' and has requested that all members read it before the various AGM's. The objective is to avoid long speeches /reports as he wishes to encourage members to rather ask questions on the report or concentrate on issues that they have a problem with that may require the attention of the Board.

Members who, for some reason or other, cannot attend an AGM may still pose questions or air their concerns by e-mailing these to Prof. Pearl by clicking here. First Name:

ASAQS CONGRESS 2009 E-mail:

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

Un-subscribe: BE CAREFUL

Please make sure that you are I received an unsolicited e-mail from the" World Business Guide" this week reading: connected to the Internet before you press the GO! button. We value your subscription. "In order to have your company inserted into the registry of World Businesses for 2009/2010, please print, complete and return the enclosed form (PDF file) to the following address:... Updating is free of charge "

Luckily I read the fine print on the form and on their website and found that updating may be free but listing is charged at 995 Euro per annum and if you sign and return the enclosed form you are signing a three year contract! If I had sent in the form I would have incurred a debt of 2,985 Euro or almost R40,000 just to have my company listed on a website and CD-rom!

Please be careful when dealing with unsolicited e-mails and warn your secretaries and associates - something sounding to good to be true usually is!

I found that a couple of consultants in the South African built-environment are already listed and wonder whether they read the small print - or did a well-meaning secretary reply to this e-mail? file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News

ASAQS Webmaster

MEMBERSHIP FEES 2009/2010

Practices:

Members are advised that the Membership Fees for the Practices for the financial year 2009/2010 (for the period 1 March 2009 to 28 February 2010) have already been invoiced and dispatched to the practices, for payment on presentation. To those practices that have already paid – thank you very much.

Individual Members:

Similarly the members are advised that the Membership Fees for the Individual Members for the financial year 2009/2010 (for the period 1 March 2009 to 28 February 2010) are currently being processed and will be dispatched to the members during the first week in March 2009, for payment on presentation. We look forward to your early settlement of these invoices.

To view a schedule of the Membership Fees (for Practices and Individual Members), please click here.

INTRODUCTION OF REGISTRATION FEES FOR PRACTICES

Members are advised that as from 01 March 2009, all new applications for the registration of Practices will now be subject to an initial non-refundable Registration Fee of R1 140,00 (inclusive of VAT). This is a procedure that has always been in place for the membership applications for Individual Members and the introduction of this registration fee merely achieves to line up the two respective processes for the Practices and Individual Members respectively. Incidentally, it is also a requirement of the ASAQS Constitution, which is now being implemented to be compliant with that requirement.

It should be noted that when the initial application is submitted to the ASAQS offices (together with the proof of payment of the Registration Fee), only then will the application for registration of the Practice be processed. You will be sent a subsequet invoice for the annual membership fee and on payment of that, the application process will be completed and confirmed with the issue of a beautiful registration certificate.

We are very happy to receive electronic (eft) payments, or even credit card payments. Should you elect to pay by credit card, then we clearly need your credit card details to process the transaction on our side. Should you need further clarity, please contact the ASAQS office for further assistance.

For a copy of the Registration Form for Practices, please click here. file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News

RICS QS CONSTRUCTION FACULTY BOARD

During a recent liaison meeting of the ASAQS/AAQS/RICS Liaison Committee, it was announced by the RICS representatives that the RICS is contemplating establishing a QS and Construction Faculty community for sharing of research etc.

Mr Siva Veeran represents South Africa/Africa on the RICS QS and Construction Faculty Board and attends meetings in the UK twice a year. The next meeting is scheduled for 12 and 13 March 2009.

Should any of our members be interested in participating in this community, they are requested to please advise the ASAQS office (Attention : Mr Egon Wortmann – e-mail address [email protected]) so that this information may be forwarded to Mr Siva Veeran who will present this list of interested members to the next Board meeting.

Alternatively members are free to contact Mrs Helen Andrews directly (she is the RICS Administration Manager Africa) on telephone 011 – 467 2857 or by facsimile 086 514 0655).

RECOMMENDED STUDENT SALARIES 2009

We are pleased to advise that we have now finally reached concensus on the Recommended Student Salaries for 2009, as recommended and approved by the Gauteng Chapter. Please visit the Gauteng webpage for more information.

CONTRACT LAW WORKSHOPS FOR QUANTITY SURVEYORS

"Contracts On-Demand" is organising a series of 10 monthly half-day workshops this year, on relevant and important subjects concerning Contract Law. These are being held in conjunction with Deneys Reitz Attorneys in Johannesburg, Cape Town and Durban.

These workshops are approved by the ASAQS and will attract CPD points for all delegates attending the workshops, where workbooks and CPD attendance certificates will be issued on conclusion. A networking buffet and social will be included at the end of each workshop.

All ASAQS members will receive an Early Bird discount of 16% if they book before 15 February 2009.

For further details and information, please contact Shaunetee Burts on telephone (011) 608 4000 of visit their website www.contractsondemand.co.za.

GREEN BUILDING HANDBOOK VOL. 1

Members are advised that Green Building Media is proud to launch the Green Building Handbook, the annual print publication that provides practical and applicable information for built environment file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News

professionals seeking to build ecologically sensitive buildings.

Edited by Llewellyn van Wyk of the CSIR, the Green Building Handbook 2009 provides readers with practical insights into green building designs, technologies, materials and solutions relevant in the South African context and the effect each has on the environmental impact of buildings.

The Handbook is published in A5 high quality format and has twelve chapters and approximately 250 pages. Chapters have been contributed by some of South Africa's most highly respected industry experts.

The Green Building Handbook is aimed at property owners, quantity surveyors, architects, engineers, government and facilities managers, contractors, consultants, home owners and other related industry personnel. The Green Building Handbook apparently is the only guide of its kind in South Africa.

Should you wish to order this publication, please feel free to go to the www.greenbuilding.co.za website. The cost per copy is R150,00 (VAT inclusive - if ordered in quantities less than 10) or R120,00 (VAT inclusive - if ordered in quantities exceeding than 10).

Click here to order your copy now

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) :

GAMA Conference 2009 15 to 18 March 2009 - Durban, KwaZulu Natal Call for papers Draft programme Accompanying persons programme

Buildings & Finishings Expo 2009 17 to 19 March 2009 - Cape Town, Western Cape file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News The Fourth Built Environment Conference 2009 (Hosted jointly by ASOCSA and the CBE) 17 to 19 May 2009 - Livingstone, Zambia 1st Call for papers

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

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

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

Registered Candidate QS with extensive experience seeking RSA experience Mr Sunil Patil, a registered Candidate QS (Reg. No IT4160) in good standing came to the RSA from India for his APC interview and was informed by the APC Panel that he must gain appropiate experience in the RSA for 12 months in order to gain PrQS registration in terms of Act 49 / 2000 and he is now actively seeking to fulfil the "RSA experience" requirements so that he can achieve his professional registration. He is a graduate Civil Engineer with over 8 years of experience as Commercial manager / Senior What you get : Quantity Surveyor both in Pre- and Post- Contract Works. His CV is available on request. Click here to e-mail him. Banner adverts on the ASAQS website (675,000 Estimator - Design Fit-out Company hits/month!) They are now looking to appoint a young and dynamic QS/Estimator who can work effectively and A Mini-ad on the ASAQS file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News efficiently in an autonomous role with plenty of client and internal communication. Browse to Classifieds website and on the Weekend for full details. Property and Construction News (4,750+ subscribers) Civil Roads Quantity Surveyor Preferential exposure of your A Leading Engineering & Construction group based in Gauteng,urgently requires the skills of experienced products and services Roads Quantity Surveyors. Browse to Classifieds for full details. Targeted marketing at only Senior/Intermediate Rail Quantity Surveyor required for international consulting group – Australia R484.50 (inclusive) per based month Opportunities exist for Senior/Intermediate Quantity Surveyors who have had solid experience in rail Don't wait, we only have a limited projects, in particular rail signaling. Browse to Classifieds for full details. number of slots left. Click here to Quantity Surveying Manager / Estimator - RM10861 download the sponsorship form or You will need 5 years experience ideally gained from industrial and commercial building projects. Browse contact Bert van den Heever the to Classifieds for full details. ASAQS Webmaster

GRADUATES – JOHANNESBURG, SOUTH AFRICA Join a large mining house and learn from the best! This capital expenditure/ procurement division handles projects internationally. Browse to Classifieds for full details.

Quantity Surveyor - JMA10707 You will need between 5 to 8 years experience ideally gained from commercial building projects. You will be required to work on site independently with limited supervision. 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

24 / 25 February 2009

Event: New Engineering Contract Time: 9:00 AM - 4:00 PM Information: This 2-day training course is highly recommended for anyone involved in working with the NEC family of Standard Form Contracts as the aim of this training course is to equip all Course Participants with a detailed understanding and practical working knowledge of the mechanics and day-today functions of the NEC. Contact: Elaine King [email protected] Phone Number: 011 447 7470

2 / 3 / 4 March 2009

Event: Engineering & Construction Project Management Time: 8:15 AM - 4:30 PM file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News Information: This course will take place from the 2-4 March 2009 at the Saint George Hotel, Midrand. For more info contact Terry Deacon at 0825573119 Contact: Antoinette Monama [email protected] Phone Number: 012 346 6674

2 / 3 March 2009

Event: Construction Contract Law Time: 9:00 AM - 4:00 PM Information: This intensive and highly practical 2-day training course will provide you with a fundamental understanding of construction contracts and construction contract law. It will also cover in detail the responsibilities and liabilities that you face on a daily basis. Contact: Elaine King [email protected] Phone Number: 011 447 7470

5 / 6 March 2009

Event: Project Scheduling Professional (PMI-SP) Time: 8:15 AM - 4:30 PM Information: This course will take place from the 5-6 March 2009 at the Saint George Hotel, Midrand. For more info contact Terry Deacon at 0825573119 Contact: Terry Deacon [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.

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CONSTRUCTION AND DEVELOPMENT NEWS

GAUTRAIN SHOULD BRING NEW BUYERS THE Gautrain, under construction at a cost of R3m an hour, is poised to change not only the commuting habits of thousands of Gauteng residents but also where they choose to live. (©www.businessday.co.za)

Project launches in Jhb Troyeville A new development has been launched in Troyeville, and is located only two blocks away from the Ellis Park stadium, host to many of the upcoming 2010 FIFA World Cup games. (©www.property24.com) file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News

Airport based Cradle City aims to be Gauteng’s green city of the future Cradle City is set to form an innovative, sustainable green-driven development situated on substantial 912ha of land surrounding Lanseria International Airport, north of Johannesburg. (©www.eprop.co.za)

Gas-drilling scheme could be fatal to Karoo game reserve Graaff-Reinet‘s Samara Private Game Reserve says a proposal to drill on its land to check for gas deposits could have environmental repercussions. (©www.eprop.co.za)

Enjoying life on a wine route FIRGROVE Estate in Constantia, Cape Town, is a luxury residential estate set in a suburb associated with some of the country’s finest wine estates and most appealing scenic spots, yet close to Cape Town’s city centre. It presents an opportunity for the discerning investor who seeks to share the Constantia lifestyle. (©www.businessday.co.za)

Century City vacancies drop 2,7% Continued strong demand for offices at Century City have seen vacancies drop 2,7% so far this year with further strong take-up expected over the next two years. (©www.property24.com)

Probe into sale of golf course A forensic investigation into the failed sale of the controversial R120-million Jeffreys Bay Golf Course has uncovered a web of deceit. (©www.eprop.co.za)

Extra cash boost for supply park The Coega Development Corporation has been allocated 'additional resources' for the further development of the automotive supplier park in Uitenhage. (©www.eprop.co.za)

Power for Coega plant contradicts carbon aims When the cabinet adopted a climate change mitigation strategy in July 2008, it appeared to signal the tentative beginning of the end to state support for the energy-intensive industries on which the South African economy has been built. (©www.busrep.co.za)

Capensis joins doctors to build R400m facility Capensis Management, a specialist in the provision of healthcare facilities, is increasing the number of hospitals in its stable by partnering with a consortium of doctors to build a R400 million hospital near Durban. (©www.busrep.co.za)

Durban’s 2010 stadium reaches milestone Fireworks were the order of the night when the lighting of the arch above the Moses Mabhida Stadium was celebrated in Durban on Saturday. (©www.eprop.co.za)

National transport strike set for March 15 file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News The transport union Satawu (the South African Transport and Allied Workers Union) warned on Monday that when it goes on strike next month, the building of the 2010 stadiums will be hit, and the non- transportation of medical waste will provide a health risk. (©www.eprop.co.za)

2010 stadium staff fired MBOMBELA stadium will not meet its April completion deadline after construction firm Basil Read dismissed about 400 workers following an illegal strike. (©www.eprop.co.za)

Free State stadium upgrade approaches climax The upgrade of the Free State stadium, in Bloemfontein, one of the venues of the 2010 FIFA World Cup, is 98% complete, with the “very few outstanding items to be completed by the end of this month,” says Mangaung 2010 CEO George Mohlakoana. (©www.engineeringnews.co.za)

Mbombela stadium 70% complete despite weather setback Mbombela stadium, in Mpumalanga, is 70% complete, despite recent storm damage to parts of the stadium. (©www.engineeringnews.co.za)

Hospitality revenue up at R128.9m Property fund Hospitality says its distributions per linked A-unit for the six months to December were at 54.72c, up from the 52.11c reported for the previous period. (©www.eprop.co.za)

Brisk bidding gives Alliance a fine start Prices achieved by three of the 11 properties on offer easily breached the eight figure mark, the number of sales confirmed from the floor illustrated the brisk bidding, and an unusual bid made for a block of flats preempted further bidding. (©www.eprop.co.za)

The Hyprop dilemma It is not surprising that external management of property funds is so controversial. (©www.eprop.co.za)

Madison on the up in hard times JSE-listed property asset manager Madison Property Fund Managers achieved distribution growth of 6,6% to 81c for the year to December in a difficult market. (©www.eprop.co.za)

Growthpoint boosts income Growthpoint has an excellent risk diversification both geographically and sectorally. (©www.eprop.co.za)

Emira earnings up by 10.04% Emira Property Fund announced a distribution per participatory interest for six months ended December 2008 was at 48.79 cents, up 10.04%. (©www.eprop.co.za)

Listed property stocks prove to be resilient file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News SA listed property stocks have outperformed local equities despite the downturn in global financial markets. (©www.eprop.co.za)

Abolition of stamp duties - temporarily a mixed blessing Certain players in the property industry, particularly landlords and tenants of commercial buildings will receive some welcome relief when stamp duty on leases is finally abolished. (©www.eprop.co.za)

Mvela Resources weighs options EMPOWERMENT stalwarts Tokyo Sexwale and Lazarus Zim are planning to take advantage of the leap in gold companies’ share prices in torrid market conditions to become mining operators rather than indirect investors. (©www.businessday.co.za)

EMPLOYMENT CORNER

Quality assurance manager The Quality Assurance (QA) Manager will be responsible for ensuring that the processes needed for Quality Management for EPC are established, implemented and maintained. 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 R600-million shopping centre upgrade is on track Research and development The R600-million project to extend and upgrade Eastgate shopping centre in Bedfordview, East of incentives Johannesburg, is well underway, reports Grinaker-LTA. Competitive enhancement incentives (©www.eprop.co.za) Export incentives Industrial financing Emfuleni plans R1bn Boardwalk upgrade Emfuleni, operators of the Boardwalk casino complex in Port Elizabeth, plans to construct a R175-million, Industrial participation five-star hotel. Social responsibility (©www.eprop.co.za) FREE CONTRACTS Retail sales figures deliver a late Xmas present Domestic Employment Retail sales declined less than expected in December in their best performance in eight months, easing Offer to purchase expectations for an emergency Reserve Bank meeting to cut interest rates. Lease agreement (©www.busrep.co.za) Loan agreement Agreement of sale Back to Index Will An Agreement giving General Power file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News of Attorney Contract for Housing and Minor Works

NEWSFLASHES FOR ARCHITECTS THE ASAQS WEBSHOP Please note that the ASAQS Great Buildings webshop is back on line for all your Bibliotheque Ste. Genevieve, by Henri Labrouste, at Paris, France, 1843 designed, built 1845 to 1851. (©www.greatbuildings.com) document requirements.

Architectural Student of the Year Competition announced Architectural graduates from seven institutions throughout South Africa will compete for the twenty-second Corobrik Architectural Student of the Year at a function to be held on March 18 at the Wanderers Club in Johannesburg. (©www.rodneyhayter.com)

REMINDER: Call for Entries African Perspectives 2009 – extended submission period

Please click here for the Call for Entries for African Perspectives 2009 in Pretoria, South Africa.

PLEASE NOTICE THAT THE SUBMISSION PERIOD HAS BEEN EXTENDED UNTIL 9 MARCH 2009!

AFRICAN PERSPECTIVES 2009, the third international conference in the series to be hosted in Africa, will focus on the unique and diverse character of the African City as resource as well as resourcing the city.

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

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PROJECT MANAGEMENT NEWS ProjectPro file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News

The Project Management Calendar IT Lean Management Index for Project Tracking Lean Management which is often known simply as "Lean", is the optimal way of managing through the View local and international events removal of waste and implementing flow. It is renowned for its focus on reduction of the original process on the project management wastes in order to improve overall customer value. Information technology focuses on satisfying the calendar as listed by ProjectPro. customers through services or products for which lot of value addition goes into the system to make the deal more profitable. But, on the other hand, we fail to see some trivial wastages or non value additions to the product / services which will give lot of leverage for increasing the profit margin. While the ProjectPro ...linking vision to elimination of waste seems like a simple and clear subject it is noticeable that waste is often very reality conservatively identified. This then hugely reduces the potential of such an aim. The elimination of waste Visit ProjectPro® today is the goal of Lean. Read complete paper. (pdf format). (©www.pmworldtoday.net)

Results of the APM Globalisation Survey With experts predicting a long and deep recession, a recent survey from the Association for Project Management suggests that project professionals may be positioned better than most to survive these turbulent times. (©www.apm.org.uk)

EMPLOYMENT CORNER

DEVELOPMENT PROJECT MANAGER – SOUTH AFRICA Our client, a developer with an in-house architectural division is seeking a well experienced Project Manager to manage the projects from inception through to completion. 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 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

file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News North West sets aside R420m for job creation The North West Provincial Government has budgeted R420-million for job creation through the Expanded Public Works Programme (EPWP). (©www.engineeringnews.co.za)

JDA efforts attract private sector investment into Joburg inner city The Johannesburg Development Agency (JDA) said that the City’s investment into public environment upgrades in the inner city was paying off, and acted as a platform for significant private sector investment in the central business district (CBD). (©www.engineeringnews.co.za)

Some 4,5m work opportunities targeted during second phase of Public Works push The Expanded Public Works Programme (EPWP), now entering its second phase, is set to grow fourfold in the next five years, creating 4,5-million work opportunities. (©www.engineeringnews.co.za)

EMPLOYMENT CORNER

Senior Estimating Engineer & Project Controllers, ‘sunny’ Brisbane Due to their expansion of their mining business, they are looking to recruit: • A Senior Estimating Engineer in the Energy/Mining & Metals sector, Brisbane based • X 3 Project Controllers in Energy/Mining & Metals, Brisbane based – working off-site at the clients offices. Browse to Classifieds for full details.

Civil Engineering Site Supervisor Three experienced (5 yrs minimum)and qualified civil engineering-supervisors required for Gauteng, Mpumalanga, Natal. 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:

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.

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 file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News 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 Tsvangirai for SA talks on $1bn rescue package it refers to a real virus or a hoax. Usually e- mail warnings encouraging you to forward the A WEEK after taking office, Zimbabwean Prime Minister Morgan Tsvangirai is leading a mission to SA information to all and sundry are hoaxes. You today for “urgent” talks with President Kgalema Motlanthe on a $1bn (R10bn) assistance package to can make sure by visiting the Virus or Hoax? revive that country’s shattered economy. web site or by visiting the hoax list on Symantec (©www.businessday.co.za) Be an informed Internet user and check the Zimbabwe deal positive for SA real estate facts before forwarding an e-mail hoax to The inauguration of Morgan Tsvangirai this month as the Prime Minster of Zimbabwe is the latest in a others! series of events set to have a positive effect on the residential property market within the next few If you suspect that you have opened an e-mail months. containing a virus visit the virus information (©www.rodneyhayter.com) section on Virus or Hoax? The site also links to free virus-removal programs. Africa board gets first listing FREE ANTI-VIRUS SCAN NAMIBIAN micro financial services group Trustco became the first company to float on the JSE’s new Click here for links to free ant-virus software and Africa board yesterday, with its shares opening trade at 72c. scanning facilities on the Net. (©www.businessday.co.za) PC PITSTOP Home is where the Heart is At PC Pitstop they will help you get your PC in top form -- running fast, stable and secure. PC Pitstop THE Zambian economy has sustained strong economic growth in the last few years. The US Central runs diagnostics on your PC to identify things that Intelligence Agency (CIA)’s website (www.cia.gov) says that the country’s real GDP growth was at around might help improve performance. 6% from 2005 to 2008. In addition, the website says that though poverty is a major drawback, Zambia Visit PC Pitstop - it's free. has shown a strengthening economy, attaining single digit inflation, increasing levels of trade and a fairly stable currency, though the global economic meltdown is expected to impact negatively in the year ahead. (©www.businessday.co.za)

“Afropean” development for Lusaka Construction of Zambia’s first ever lifestyle estate is due to begin in Lusaka this year, signalling a coming of age for the country’s property market. (©www.rodneyhayter.com)

Zambia's Konkola shuts Nkana smelter, cuts jobs Zambia's Konkola Copper Mines (KCM) has shut its Nkana Smelter and cut 677 jobs, a company spokesman said on Thursday. file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News (©www.miningweekly.com)

Tanzania gets $9m boutique hospital African Medical Investments has opened a $9 million (R92 million) 30-bed boutique hospital and well- woman clinic in Tanzania - the first of a number of similar facilities being built across the continent by the company, which is listed on the Alternative Investment Market of the London Stock Exchange. (©www.miningweekly.com)

Tanzania plans 400 MW coal plant by 2012 - report Tanzania plans to build a 400 megawatt (MW) coal-fired power plant by 2012 at a cost of $1,2-billion, the chairman of state-run National Development Corporation (NDC) was quoted saying on Thursday. (©www.engineeringnews.co.za)

Petra gets to keep Tanzania mine Tanzania's government has reversed its objection to Petra Diamonds owning a controlling stake in the Williamson diamond mine. (©www.busrep.co.za)

Zimbabwe platinum output could easily exceed SA's - Implats Impala Platinum's (Implats') eventual platinum production in Zimbabwe has the potential easily to exceed its South African production, Implats CEO David Brown tells Mining Weekly Online. (©www.miningweekly.com)

Largest solar heating system in Africa installed at Gaborone Sun Hotel The biggest solar heating system installed at any hotel in Africa has been installed at the Gaborone Sun Hotel in Botswana. (©www.engineeringnews.co.za)

Ambitious groundwater study under way in Namibia South African-based engineering firm, SRK Consulting, has been appointed lead consultants in an ambitious project aimed at quantifying the groundwater resources of Namibia, the driest country in Sub- Saharan Africa. (©www.engineeringnews.co.za)

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MINING NEWS GET ACROBAT READER

Production at Implats crashes to a six-year low You will require the FREE Acrobat reader to Output at Impala Platinum (Implats) crashed to a six-year low of 878 000 ounces in the half-year to enable you to read reports in this newsletter December as production at its key Impala lease area tumbled. published in .PDF format (©www.busrep.co.za)

Aquarius Platinum takes aim at Ridge Mining Aquarius Platinum plans to make an all-share bid for Ridge Mining, valuing the firm at £63.9 million (R927 million) to expand its resource base and output. (©www.busrep.co.za)

Simmers buys AngloGold's Tau Lekoa mine file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News AngloGold Ashanti has agreed to sell the Tau Lekoa gold mine near Orkney in North West to Simmers. (©www.busrep.co.za)

Global crisis impacting diamonds 'significantly' - De Beers The global economic crisis was having a significant impact on the sales of retail diamond jewellery, liquidity and the demand for rough diamonds in the cutting centres, De Beers said on Friday. (©www.miningweekly.com)

Australian Minister approves Xstrata mine expansion The Australian government has approved diversified miner Xstrata’s McArthur River nickel mine expansion, but has put in place new stringent monitoring requirements to protect the environment. (©www.miningweekly.com)

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NEWS FOR ESTATE AGENTS AND HOME OWNERS THE AGENTS' TOOLKIT Property Research PGP sets near record price for Morningside sale Investments & Personal Finance The Durban office of Pam Golding Properties (PGP) has concluded the sale of a luxury Morningside Research residence in Durban for R8,9 million. Quarterly Economic Perspective (©www.rodneyhayter.com) Bond Repayment Calculator Selected Repayment First handovers at Melkbosch Village will take place mid2009 Affordability - “What loan amount Work at Asrin Property Developers’ Melkbosch Village at the Cape West Coast hamlet of Melkbosstrand do I qualify for? is progressing well and the first handovers will take place from late April onwards. Bond Term - “How soon can I (©www.rodneyhayter.com) pay off my Loan? New 265-stand security estate for Vryburg Monthly Repayment - How much The historic Vryburg area of the North West Province is the scene of a security estate development that is my monthly repayment? breaks new ground for the local property market with wide appeal for buyers from retirees to young Bond Costs - How much will my families. bond cost be? (©www.rodneyhayter.com) Additional Payment - What happens if I pay extra each Brakpan draws buy-to-let investors month? Buy-to-let investors are showing renewed interest in Brakpan properties. Multiple Payments - What (©www.property24.com) happens if I pay more than once Bronkhorstspruit set for boost per month? The property market in Bronkhorstpruit is set for a healthy boost thanks to the new Kusile power station Estimated Building Replacement to be built between this Gauteng town and neighbouring Witbank. Cost (©www.property24.com) Buying a home - step by step Clarens farm on auction 20/2 guide A farm near Clarens is set to go under the hammer on Friday 20 February 2009. Selling a home - step by step guide (©www.property24.com)

Rates will boost building later BUILDING TERMS Although interest rates began declining in December, it will take a while before the impact begins Don't know your architraves from boosting plans for new residential developments. your dados? Don't know your (©www.property24.com) flaunchings from your transoms? file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News GET TO GRIPS WITH BUILDING Present home well when selling TERMS The huge importance of thoroughly preparing a home for viewing before putting it on the market, cannot be emphasised enough. (©www.property24.com)

Tough year ahead for house market Despite the fact that interest rates have dropped by 1,5% since December 2008, and that more rate cuts Receive weekly property news are expected, it is unlikely that the house market will stage a miraculous rebound during 2009. (©www.property24.com) updates via e-mail. Click here to register. “Bond originators must stay” says Lanice Steward As the property fraternity is now uneasily aware, South Africa’s banks are threatening to reduce the commissions paid to independent bond originators. (©www.rodneyhayter.com) NZ monthly residential sales dip to 17 year low The Real Estate Institute of New Zealand (REINZ) has recorded the lowest number of monthly sales since 1992, January sales figures released by REINZ on February 13 reveal. (©www.rodneyhayter.com)

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THIS WEEK'S ECONOMIC INDICATORS TAILPIECE

A student taking a philosophy The indicators as on class had a single question on his 20 February 2009 at 15:35 final: "What is courage?" 14/02/2009 This week The student wrote: "This", signed Rand/$ 10.1800 9.9700 it, and turned it in. Rand/£ 14.5800 14.4700 Rand/€ 12.7900 12.8400 English / Chinese Translations Gold/oz $991.59 $938.13 Gold Mining 2925.76 2700.27 • I thought you were on a diet - Wai Yu Mun Ching? JSE All Share 19330.80 20721.98

Mboweni silent on timing of rate cut BASIC RULES FOR DRIVING IN RESERVE Bank governor Tito Mboweni sidestepped questions yesterday on whether an interest rate cut GAUTENG is imminent, saying SA’s economy would still notch up some growth this year, despite the global downturn. Never, ever come to a complete (©www.businessday.co.za) stop at a stop sign. No one expects it and it will only result in SA property market sliding into recession you being rear-ended. The news is not good for hard-pressed homeowners who are battling to keep a roof over their heads. The South African property market is sliding further into recession and relief is only expected next year, say experts. When is It Okay to Kiss (©www.busrep.co.za) file:///C|/Users/Bert%20vd%20Heever/Documents/My%20Websites/ASAQS/News/Issues/210209.htm[2012/10/16 20:10:47] Weekend Property & Construction News Someone?

Key players agree on SA’s crisis plan "When they're rich!" Pam, age 7 CAPE TOWN — Government, business, labour and community organisations have agreed on a comprehensive plan to deal with the effects of the global economic crisis. Sectors needing targeted "The law says you have to be interventions will be identified within a month. eighteen, so I wouldn't want to (©www.businessday.co.za) mess with that." Curt, age 7 Rand shrugs off plan for 'common currency' "The rule goes like this: If you kiss The rand has strengthened against the dollar despite news that Zimbabwe's government hopes to use the someone, then you should marry unit to anchor its worthless currency. (©www.busrep.co.za) them and have kids with them.... It's the right thing to do." Howard, Absa puts the brakes on finance for taxis age 8 Absa has suspended all taxi vehicle finance approvals because of its inability to verify the authenticity of taxi operating licences. (©www.busrep.co.za) I remember a story told by a teacher...one winter afternoon she Falling crude prices offer only short-term relief was showing a small boy how to Falling crude oil prices over the past few days could relieve some of the upward pressure on the cost of zip up his coat. "The secret," she domestic fuel. said, "is to get the piece of the (©www.busrep.co.za) zipper to fit in the other side Banks: 'Expect higher bad debts' before you try to zip it up." The Fin24.com gets the expert opinion on what to expect as Standard Bank, Nedbank and FirstRand report in young boy looked at the teacher a bearish environment. quizzically and asked, "Why does (©www.fin24.com) it have to be a secret?"

KEY ECONOMIC INDICATORS 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://www.finforum.co.za/econdata.htm

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