Category archives for: Construction

Institute celebrates 20 years advocating for transformation

jabulani-housing-dev

GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE South African Institute for Black Property Practitioners (SAIBPP), which is celebrating 20 years of existence, is hopeful transformation would be attained in the next two decades. Such is the confidence of Vuyiswa Mutshekwane, SAIBPP Chief Executive Officer, there would not be a need for such organizations advocating for […]

EXCLUSIVE: Cameroon defies critics in hydro drive

The Mekin dam under construction forms part of the Nachtigal hydroelectric dam being built on the Sanaga river, picture, CAJ News

from NGALA KILLIAN CHIMTOM in Yaounde, Cameroon YAOUNDE, (CAJ News) – UNDETERRED by criticism from clean energy activists, Cameroon is intensifying its hydro-electricity drive as part of its ambitious plans to become an emerging economy by 2035. Such plans have received a major boost with the financing of the construction of the largest hydroelectricity dam […]

Group Five announces improved earnings

group 5

TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – GROUP Five, the infrastructure project development, construction and concessions group, has announced a steady set of results for the year-ended June 2016. While Group revenue remained largely unchanged at R13,8 billion, Core operating profit increased by 111,4 percent from R348,4 million to R736,5 million. Headline earnings per share (HEPS) […]

Nigeria projects receive huge financial boost

Mall underconstruction

From AUGUSTINE OSAYANDE in Abuja, Nigeria ABUJA, (CAJ News) – A CHINESE company has earmarked over US$30 million (N5,97 billion) for infrastructural development in Nigeria. Officials from North China Construction Company disclosed the figures as the firm signed a memorandum of understanding (MoU) on infrastructural development with the Delta state government. Chairman of African Division […]

Ghana, Nigeria drive African Urban Agenda

Ghana, Nigeria drive African Urban Agenda

From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – THE United Cities and Local Governments of Africa (UCLGA) has commended Ghana and Nigeria for steering the process leading to the definition of African Urban Agenda. Officials hailed the agenda as enhancing the development of the continent’s urban areas, which were registering significant growth. Speaking […]

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