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Weekend 6 / 7 December 2014Circulation : exceeds 10,900 subscribers

Property and Construction 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/

LATEST NEWS

End of year message

Dear members,

May I start this “end of year” message by asking you a number of important questions to consider or re-consider? Why isthe ASAQS here and why do we exist? What is it that drives our board and association and why do we need your supportby way of subscription fees? Why do you, a member of our association need the ASAQS? These are all obviouslyimportant questions and the answers to them can be found when we begin to understand the many things that the ASAQSdoes do and perform on behalf of our profession.

So what have we done for you (our member) and by virtue of this, our profession over the last 12 months?

Click here to read the full message by Larry Feinberg, Executive Director – The Association of SA QuantitySurveyors

The latest salary survey is now available

The 2014 salary survey has just been published and is available from our section housing the salary survey reports whichis available under "Resources" on the menu bar.

Click here to visit the Salary Survey Reports section

Discounting and Tendering

A conversation with a friend by Wolf Weideman. Published with the kind permission of the WattNow magazine, the officialmouthpiece of the South African Institute of Electrical Engineers.

"It is interesting to know that we inherited tendering for professional services from the state of Maryland in the USA, andstarted this fashion in about 1985. Today, in the USA and Canada, Quality Based Selection is enshrined in Law! Eventhe World Bank has advised that consulting costs should not be an overriding criterion for selection. Botswana, also, hastried and now discarded tendering, as wasting manpower and inviting corruption."

Click here to read this insight into the tendering of fees.

We welcome PPS as our latest sponsor

The Professional Provident Society (PPS) of South Africa is the largest multidisciplinary group of graduate professionals inthe world with over 290 000 professional members. PPS is a member owned financial services institution that looks afterthe financial peace of mind of members. PPS is the only financial services company created by professionals, forprofessionals, and completely owned by its members – Founded in 1941.

As a graduate professional, you've worked hard, and it is important to ensure that your achievements, your life's work andyour finances are managed, protected and grown over time. The life stages that carry you from graduation to retirementare a map of change which naturally takes its course and for which you anticipate and make provision at the start of yourfinancial journey. The ages around these life stages may vary, but the stages rarely change. Careful planning will ensure

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the protection and growth of your financial future. PPS offers a tailored range of insurance, investment and healthcareproducts for every life stage. For more information go to www.pps.co.za

Integrated Engineering Standard Method of Measuring System for Africa

Lydia Carroll is currently doing her masters at the University of Pretoria with the main aim to create an IntegratedEngineering Standard Method of Measuring System for Africa. To assist in her research she would appreciate it if youcould take 7 minutes to complete a questionnaire.

If you have done any engineering works in Africa...

Please click here to participate

Netspot : Step 1 in the Negotiation Framework: Preparation

Dawson Jenner, the construction lawyer, writes:

"If I could give budding negotiators just one tip to dramatically increase their negotiation success rate it would be toprepare, prepare, prepare…

To borrow heavily from Gary Player (golfing great) in amending his famous quote on practice I would say:

“The more I prepare the luckier I get”.

My experience however has been the contrary, especially in my field of engineering and construction law.

Contractors spend large amounts of time and money in preparation of their claims by way of extensive contractmanagement, calculating costs, conducting delay analysis on programs and compiling substantial claim documentation.However little to no time is spent on preparing for the actual negotiation itself.

What the parties to the negotiation fail to realize is that most of your work is done in the preparation phase."

Click here to read further...

ANNOUNCEMENT OF FORTHCOMING CONGRESSES / CONFERENCES

Bloemfontein, 6th – 8th September 2015

The first call for abstract papers will be on 27th January 2015 and to be in on 27th February 2015Draft papers to be opened on 5th May 2015Feedback 26th June 2015Final papers to be in on 31st July 2015

EMPLOYMENT CORNER

EMPLOYMENT OFFERED

Quantity SurveyorQuantity Surveyor - Full Time. Albertus van Zyl Quantity Surveyors. Browse to the Career Centre for more information.

Professional Quantity SurveyorProfessional Quantity Surveyor required at O"Mahony Peel Rowney. Browse to the Career Centre for more information.

KM 21497 - Senior Quantity Surveyor(Advantage). Registered Professional Quantity Surveyor (PrQS) (Non-Negotiable). Browse to the Career Centre for moreinformation.

GDP 21499 - Senior Quantity SurveyorB.Tech Degree in Quantity Surveying. B.Sc Degree in Quantity Surveying. B.Sc (Hons) Degree in Quantity Surveying.

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Browse to the Career Centre for more information.

GDP 21498 - Intermediate Quantity SurveyorMinimum 5 years' experience as an Intermediate Quantity Surveyor on building related projects. Browse to the CareerCentre for more information.

GDP 21468 - Quantity SurveyorB.Tech Degree in Quantity Surveying. B.Sc Degree in Quantity Surveying. B.Sc (Hons) Degree in Quantity Surveying.Browse to the Career Centre for more information.

Expierienced Quantity SurveyorWe require a portfolio of projects completed. We have a range of projects in progress ranging from retail, office, medical,leisure/sports and residential. Browse to the Career Centre for more information.

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

Junior QSDegree or Diploma in Quantity Surveying. Browse to the Career Centre for more information.

Junior QSJunior Qualified QS (B-tech / BSc) required for PQS firm in Cape Town Central. Browse to the Career Centre for moreinformation.

Quantity SurveyorAn established, dynamic and exciting Quantity Surveying practice is looking for a Quantity Surveyor who has commercialexperience. Browse to the Career Centre for more information.

Quantity Surveyor / QS in TrainingA well established national firm of Quantity Surveyors requires a qualified and experienced Quantity Surveyor to join theirPlettenberg Bay office. Browse to the Career Centre for more information.

KM 21342 - Professional Quantity SurveyorB.Tech Degree in Quantity Surveying. B.Sc Degree in Construction Economics. B.Sc (Honours) Degree in QuantitySurveying (Advantage). Browse to the Career Centre for more information.

SEEKING EMPLOYMENT

Senior Quantity Surveyor / Contract's AdministratorBianca Gribnitz. Hardworking and I can handle a large volume of work under pressure. Browse to the Career Centre formore information.

Quantity SurveyorKaone Glenda Mongale. M.tech Construction Management, Tshwane university of Technology, 2013 - 2015. Browse to theCareer Centre for more information.

QS WITH 15 YEARS EXPERIENCETINEI SHAVA. 15 YEARS IN CONSTRUCTION OF WHICH I STARTED AS A TRAINEE QS. Browse to the Career Centrefor more information.

Junior Estimator / Junior Quantity Surveyor Nandipha Vokwana. As I am approching my first milestone of completing my Diploma in Quantity Surveying, I am seekingemployment within a QS firm as either a Junior Estimator or Quantity Surveyor. Browse to the Career Centre for moreinformation.

Graduate Quantity Surveyor Brian Dzadza. I am looking for a job with a Quantity Surveying Firm upon completion of my studies in November 2014.Browse to the Career Centre for more information.

QS Student Sisiphosihle Mahlati. To obtain training and or work that will assist me improve my current skills. Browse to the CareerCentre for more information.

2nd year student looking for in-service training Nontembiso Daisy Mkhize. I am a highly motivated person. Browse to the Career Centre for more information.

QS Honours Student, seeking employment for 2015 Hendre van Rooyen. I am seeking a position as a Junior or Candidate Quantity Surveyor for 2015. I am currentlycompleting my Honours degree at the University of the Free State. Browse to the Career Centre for more information.

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Quantity survayer internship Charl Bouwer. I am currently a 1st year student at Tshwane University of Technology and as part of my 2nd year (2015)education I must work as a intern at a construction company. Browse to the Career Centre for more information.

Graduate Quantity Surveyor Jaco Bode. I am a very hard worker and thrive under pressure. Browse to the Career Centre for more information.

Junior Quantity Surveyor Karel Kerling. As an honest, loyal, focused and balanced person, I am eager to become part of an effective andprofessional Quantity Surveying team. Browse to the Career Centre for more information.

Junior Quantity SurveyorWynand Coetzee. I wish to be employed as a junior quantity surveyor under a registered QS as to complete myprofessional modules and obtain experience. Browse to the Career Centre for more information.

Junior/ Candidate Quantity Surveyor Bhekisiwe Nokukhanya. To obtain a junior (candidate) quantity surveyor position. Browse to the Career Centre for moreinformation

QS Technician Goodman Sibabili Chili. Measurement on site for Payment Certificates, Pricing BOQ, Project clerk of works, understandingdrawings. Browse to the Career Centre for more information.

Quantity Surveying graduate seeking for employment Mahali Makhakhe. A versatile, self driven and motivated, dependable Quantity Surveying Graduate with goodcommunication skills. Browse to the Career Centre for more information.

Intermediate Quantity Surveyor Bheki Nkiwane. To work in a dynamic and challenging job environment where l would be able to significantly contribute tothe organisation's requirements while continously enhancing my skill set. Browse to the Career Centre for moreinformation.

CALENDAR

21 / 22 January 2015

Advanced Solar Thermal (Gauteng)Time: 08:00Where: Johannesburg, GautengInformation: This unique 2 day course has been designed for engineers, architects, contractors, specifiers and individualswho are involved with, or have a keen interest in Solar Hot Water technology.Contact: (http://www.blackdotenergy.co.za/cpd-training/)

26 January 2015

JBCC Suite of Contracts Edition 6.1 + 1 day ClaimsTime: 08:30Where: Johannesburg, GautengInformation: Improve your skills immediately by attending this highly practical and information-packed training course.Contact: Faith (faith@alusani.co.za)

27 / 28 January 2015

Advanced Solar Thermal (Durban) Time: 08:00Where: Durban, KwaZulu NatalInformation: The New Engineering Contract Family of Standard Form Contracts is used by major organisations across thelength and breadth of South Africa.Contact: (http://www.blackdotenergy.co.za/cpd-training/)

The pitfalls of redeveloping old commercial buildings

What you get :

Banner adverts on the ASAQSwebsite - about 1,000,000hits/month!

A Mini-ad on the ASAQS websiteand on the Weekend Property andConstruction News - 5,300+subscribers

Preferential exposure of yourproducts and services

Targeted marketing at onlyR484.50 (inclusive) per month

Don't wait, we only have a limitednumber of slots left. To make useof this opportunity contact Bert vanden Heever the ASAQSWebmaster.

Please note that the ASAQSweb shop is on line 24/7 for allyour document requirements.

National Building Regulations andBuilding Standards Act, 1977 (Act

103 of 1977)

The Project ManagementCalendar

View local and international eventson the project managementcalendar as listed by ProjectPro.

Virus or Hoax?

In case you ever receive an e-mailcontaining a virus warning pleasecheck carefully whether it refers toa real virus or a hoax. Usually e-mail warnings encouraging you toforward the information to all andsundry are hoaxes. You can makesure by visiting the Virus or Hoax?web site or by visiting the hoax list

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Redevelopment of older building - when does it make sense? On the face of it, the refurbishment or redevelopment of anolder commercial building can look like a lucrative opportunity for any business individual with an entrepreneurial eye andsome surplus cash to invest.(©www.eprop.co.za)

Scale and partnership at heart of 1.5-million housing pushHuman Settlements Minister Lindiwe Sisulu announced that government is planning to build 1.5-million houses in the nextfive years and has put new initiatives in place to improve the relationship between government and the private sector,which she hopes will help fund the construction of the newly launched housing scheme.(©www.engineeringnews.co.za)

Doors open for youth in constructionFor years Tumelo Alton thought construction was only about pushing bricks in wheelbarrows but the National HumanSettlements Youth Brigade Programme has opened his eyes to other career possibilities in the sector.(©www.concrete.tv)

R150m fund seeks to support education entrepreneursBusiness Partners has launch a R150-million Education Fund to provide existing and aspiring entrepreneurs in theeducational sector with the risk capital and mentorship required to pursue projects.(©www.engineeringnews.co.za)

Sapoa, DPW look to collaborate on property issuesThe South African Property Owners Association (Sapoa) is hoping to sign a memorandum of understanding (MoU) withthe Department of Public Works (DPW).(©www.concrete.tv)

Tripped coal stations add to load shedding burdenCoal powered units have tripped, adding to Eskom's crisis with diesel supplies and depleted water reserves, which haspushed SA into stage 3 load shedding.(©www.fin24.com)

Eskom ramps up rolling blackoutsSouth African power utility Eskom has ramped up its level of rolling blackouts, it said on Friday, as the ailing power gridstruggles to avoid a collapse into the weekend.(©www.engineeringnews.co.za)

Infrastructure projects need to be delivered on schedule, says MakhuraGauteng Premier David Makhura says he will not preside over administration that delays delivery of infrastructure projectsmore than 30 days to pay service providers.(©www.bdlive.co.za)

Transforming the steel industryDhuva Liswa is a steel and chemical company that supplies carbon steel, stainless steel and aluminium to the chemical,construction, mining, petro-chemical and power generation industries. It was established in 2009 by a husband and wifeteam, Pinkie and Freddy Mathaba, upon realising there was a gap in the steel industry which was dominated by Whitemales.(©www.concrete.tv)

Chinese rail group, Transnet sign MOUFreight logistics utility Transnet signed a memorandum of understanding (MoU) with locomotives manufacturer CSRZhuzhou Electric Locomotive (CSR) on Thursday, which could open the way for manufacturing investments by theChinese group in South Africa.(©www.concrete.tv)

Afrimat head speaks on how firm is navigating hostile environmentRemember the good times when construction and construction-related companies listed on the JSE, one after the other,and their share prices immediately surged upwards? The 2010 FIFA World Cup was coming and the outlook for brick andmortar was rosy.(©www.engineeringnews.co.za)

Provincial Job Creation takes Front SeatSephaku Cement CEO, Pieter Fourie, Premiers Supra Mahumapelo and David Mabuza of the North West andMpumalanga Provinces, respectively, have come together to create jobs related to artisan development for the youth ofthe aforementioned provinces.(©www.designmind.co.za)

JOSHCO invests over R1.8bn in the City of JohannesburgJOSHCO makes Johannesburg a more liveable City by investing more than R1.8 billion. Within ten years, JohannesburgSocial Housing Company (JOSHCO), a City of Johannesburg owned entity which has received an unqualified audit overthe past eight years, has invested more than R1,8 billion towards making Joburg a more liveable city.(©www.eprop.co.za)

Nyanga childhood development project

on Symantec

Be an informed Internet user andcheck the facts before forwardingan e-mail hoax to others!

Get to grips with building terms byclicking here.

Scared sleeping Shakey went to a psychiatrist."Doc," he said, "I've got trouble.Every time I get into bed, I thinkthere's somebody under it. I getunder the bed, I think there'ssomebody on top of it. Top, under,top, under. "you gotta help me, I'mgoing crazy!" "Just put yourself in my hands fortwo years," said the shrink. "Cometo me three times a week, and I'llcure your fears." "How much do you charge?" "Ahundred dollars per visit." "I'll sleep on it," said Shakey. Six months later the doctor metShakey on the street. "Why didn'tyou ever come to see me again?"asked the psychiatrist. "For a hundred buck's a visit? Abartender cured me for ten dollars."

"Is that so! How?" "He told me to cut the legs off thebed!"

Numbers:75,000The number of engineer drawings ittook to build the first Boeing 747-100

Finish the start My therapist told me the way toachieve true inner peace is to finishwhat I start. So far today, I havefinished two bags of chips and achocolate cake. I feel better already.

A proud and confident geniusmakes a bet with an idiot. Thegenius says, "Hey idiot, everyquestion I ask you that you don'tknow the answer, you have to giveme $5. And if you ask me aquestion and I can't answer yours Iwill give you $5,000." The idiotsays, "Okay." The genius thenasks, "How many continents arethere in the world?" The idiot

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The Tower Property Fund has partnered with SASDI and the University of Cape Town on an early childhood developmentproject in Nyanga, Cape Town.(©www.property24.com)

Cape Town cruise terminal tender to be re-issuedA new tender for the construction of a dedicated cruise terminal at Cape Town harbour will be issued before the end ofDecember, Public Enterprises Minister Lynne Brown said in response to a parliamentary question.(©www.concrete.tv)

Bell Equipment to restructure, improve efficiencyThe share price of JSE-listed Bell Equipment fell by 5.65% on Wednesday morning after the heavy equipmentmanufacturer announced that it was planning to restructure the business to improve operating efficiencies and ensure thegroup’s long-term competitiveness and sustainability.(©www.concrete.tv)

moladi invited to Abu DhabiThrough creative engineering and sophisticated manufacturing, moladi aims to advance living standards and spacesaffordably. moladi is an advanced building technology that utilises an innovative re-usable plastic formwork system toreduce the required skills to produce quality affordable homes and other structures that are socially acceptable byspeeding up delivery and thus reducing cost.(©www.designmind.co.za)

Group Five looking beyond Africa for growth prospectsConstruction company Group Five says its strategy is strongly focused on expansion in Africa, with selected projects inRussia and Northern America also possibly on the horizon.(©www.engineeringnews.co.za)

Residential appetite clearly growingCommercial property players appetite for residential rental market is clearly growing, currently buoyed by many largeproperty investors purchasing distressed buy-to-let portfolios from banks.(©www.sacommercialpropnews.co.za)

Pivotal Fund capital raise oversubscribed as it confirms JSE listing dateThe Pivotal Fund Limited's listing on the main board of the JSE has been confirmed for Monday, 08 December 2014,following the conclusion of a successful and heavily oversubscribed capital raising.(©www.eprop.co.za)

Hyprop Investment debuts on JSE's SRI IndexHyprop Investment Limited has been included for the first time on the JSE's SRI Index reflecting its commitment toenvironmental, social and governance practices.(©www.eprop.co.za)

CIPC launches JSE-based ‘special service’ for listed companiesThe Companies and Intellectual Property Commission (CIPC) has launched a new “special services offering” to JSE-listedentities and their subsidiaries, describing the initiative on Friday as an effort to contribute towards the internationalcompetitiveness of the South African bourse by providing companies with expedited services from the Sandton-basedexchange.(©www.engineeringnews.co.za)

EMPLOYMENT CORNER

KM 21501 - Contracts ManagerMinimum 5-8 years' post-graduate experience on building and up-market housing related projects within a well-known andreputable contracting and/or property development firm. Browse to the Career Centre for more information.

KM 21500 - Shopfitter /PlannerMust be able to run various projects at a time and co-ordinate a team. Browse to the Career Centre for more information.

BS 21495 - Clerk of Works (Construction)Minimum 10 years having dealt with High-End Residential and Retail projects over R100 million. Browse to the CareerCentre for more information.

SEEKING EMPLOYMENT

Experience Construction Manager Namhla Gora. I'm a 28 year old female with broad experience in the construction industry. Browse to the Career Centre formore information.

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

doesn't know and hands over the$5. The idiot says, "Now me ask:what animal stands with two legsbut sleeps with three?" The geniustries and searches very hard for theanswer but gives up and handsover the $5000. The genius says,"Dang it, I lost. By the way, whatwas the answer to your question?"The idiot hands over $5.

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Retailers under pressure to perform this festive seasonSouth African consumers are in a tougher position than a year ago and retail will be under pressure to perform this festiveseason.(©www.eprop.co.za)

Retail can expect a cautious festive periodCEO for Excellerate Property Services Group Marna van der Walt remains somewhat cautious based on her insight ofretail forces for the holiday period.(©www.eprop.co.za)

Retailers are game for battle over exclusivityWalmart is encountering opposition as it adds fresh produce to its mix of products in SA, writes Janice Kew.(©www.bdlive.co.za)

Female Architects bag National accolades – beating their male counterparts Recently, at the Corobrick – SAIA Awards of Excellence, four women were honoured for their work in the male dominatedfield of architecture. This great stride for female architects was sealed when three of eight projects nominated for theAward of Excellence- the institute’s highest honour – won.(©www.designmind.co.za)

Naturehumaine includes ribbon-like staircase in refurbished Montreal residenceA ribbon of veneered wood fronts this staircase in a refurbished and extended Montreal residence by local officeNaturehumaine.(©www.dezeen.com)

Casa Rosto do Cão by M-Arquitectos is fronted by four white blocksFour small blocks fan out from the facade of this white concrete house on a Portuguese island by local studio M-Arquitectos.(©www.dezeen.com)

Triptyque's marble and glass showroom was designed to "look like an ice cube"White marble panels on the exterior of this commercial building in São Paulo by French-Brazilian office Triptyque wereintended to give it an icy aesthetic that contrasts with its subtropical environment.(©www.dezeen.com)

Granite-clad library by Carr Cotter & Naessens faces out over the Irish SeaOne huge window frames views out over the harbour from inside this library that Irish firm Carr Cotter & Naessens hascompleted in a harbour-side town near Dublin.(©www.dezeen.com)

GREAT BUILDINGS:

Ibibio Village, by traditional, at Cameroon, Africa, 0 to 1990.(©www.greatbuildings.com)

EMPLOYMENT CORNER

BS 21496 - Project ArchitectMust be a candidate with Advanced Revit, Minimum 10 years experience dealing with Leisure and Retail projects locallyand abroa. 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 ASAQSwebsite - it's absolutely FREE! Adverts submitted to the Career Centre are also included in this newsletter. We also have anumber of employment consultancies as sponsors, please see their adverts at the top of this newsletter.

The Turkey ProblemSometimes success breeds failure. When project managers blindly apply old methods to new circumstances, they fallvictim to the turkey problem. Assuming stability, they don't adapt new frameworks or solutions when warranted. Here arefive ways to combine mastery and originality as you approach your next project.(©www.projectsatwork.com)

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EMPLOYMENT CORNER

PROJECT MANAGER AFRICACandidate should have a Building or Civil degree diploma with at least 3 years’ experience working for a contractor.Browse to the Career Centre for more information.

GDP 21472 - Senior Project ManagerFormal tertiary qualification with a Bachelors Degree in Civil Engineering, Building, Quantity Surveying or relatedConstruction Project Management Fields. Browse to the Career Centre for more information.

Snr Project Manager - Cape Town Professional Project Management Consultancy requires to top quality PM in their Cape Town office. Browse to the CareerCentre for more information.

PROJECT MANAGER - JHB basedThis very effective South African Property Developer, Blue Chip Company requires further assistance regardingdevelopments in Nigeria. Browse to the Career Centre for more information.

SEEKING EMPLOYMENT

Experienced Qs/Project Manager Moremi Mareka. Still very much energetic, innovative and willing to efficiently contribute to the delivery of constructionprojects. 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 ASAQSwebsite - it's absolutely FREE! Adverts for Project Managers submitted to the Career Centre are also included in thisnewsletter. We also have a number of employment consultancies as sponsors, please see their adverts at the top of thisnewsletter.

Introducing the Global Holcim Awards 2015 finalists and jury15 projects out of more than 6,000 submissions in the 4th International Holcim Awards competition were acknowledgedwith Gold, Silver, or Bronze Awards in each of the five regions of the world. (©www.constructionreviewonline.com)

‘Fill the mills’ mantra remains as AMSA promises more environmental opennessArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty has committed the group to dealing with its “legacy” environmentalproblems “openly and transparently”, while still pushing ahead with its “fill the mills” strategy, designed to lift productionand reverse five years of financial losses at the JSE-listed steel producer.(©www.engineeringnews.co.za)

DEA launches R256m worth of enviro protection, infrastructure projectsThe Department of Environmental Affairs (DEA), in collaboration with the Mpumalanga Tourism and Parks Agency, plansto implement some R256-million worth of environmental protection and infrastructure projects in Mpumalanga, bringing thedepartment’s total funding commitment in the province to R345-million.(©www.engineeringnews.co.za)

Construction started on Ekurhuleni IRPTNConstruction has started on the Ekurhuleni metropolitan municipality’s new Integrated Rapid Public Transport Network(IRPTN) service that would connect the nine separate towns of Gauteng’s East Rand, through integrating new busnetworks, existing bus services, revitalised rail networks, existing minibus taxi routes and a network of cycling paths andpedestrian walkways.(©www.engineeringnews.co.za)

Guidelines to enable consistent public transport planning tabledNew guidelines have been developed to steer the planning and implementation of public transport infrastructure withindistrict municipalities to ensure the continuity and consistency of deployment approaches.(©www.engineeringnews.co.za)

EMPLOYMENT CORNER

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

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World Bank pledges $1.2bn for infrastructure projects in East AfricaThe World Bank said on Saturday it will loan East African nations $1.2-billion to improve inland waterways and ports inKenya and Tanzania, as part of efforts to boost integration in the region.(©www.engineeringnews.co.za)

Nigeria approves $5.7bn construction spendNigeria’s Federal Executive Council (FEC) has approved over $5.7 billion (N430.5 billion) for the construction of 17 roadsand bridges across 15 states of the federation.(©www.concrete.tv)

Expansion of Ashegoda Wind Farm to help Ethiopia add 40MW of powerVergnet Group SA is conducting a feasibility study in Tirgay Regional State for expansion of the Ashegoda Wind Farm, aproject that will help the country add to the grid a total of 40MW in Tirgay Regional State. (©www.constructionreviewonline.com)

Rwanda to construct a 21 million litre petroleum storage facility in the next four monthsRwanda is planning to construct a new petroleum storage facility that will have capacity to store 21 million liters – a movethat will help boost the overall national reserve that currently stands at 30 million litres.(©www.constructionreviewonline.com)

PWC projects USD180bn Infrastructure spend per year in sub-Saharan AfricaThere will be a growth in various projects across the sub-Saharan as its estimated that by 2025 Infrastructure spendswould grow from $70-billion in 2013 to $180-billion by 2025. This is according to the PwC capital projects andinfrastructure Africa leader Jonathan Cawood.(©www.eprop.co.za)

Richland confirms signing agreement, escrow payment for Tanzania assetsRichland Resources on Friday announced the receipt of the signing consideration and the payment of an escrow amountas the $5.1-million sale of its tanzanite mining and beneficiation business and tsavorite licence interests in Tanzania toSky Associates Group progressed.(©www.miningweekly.com)

University of Zambia to spend US$750m in building solar energy laboratoriesIn a bid that will help meet growing demand for electricity in the countries at the south of Africa, the University of Zambia isplanning to venture in constructing solar energy laboratories.(©www.constructionreviewonline.com)

Brazil's Vale, investor discuss Mozambique coal asset saleBrazil's Vale SA said Friday it was in negotiations with an investor over the sale of a stake in its Mozambique coal assets,responding to reports it is selling the stake to Japanese trader Mitsui & Co.(©www.miningweekly.com)

Bundu poised to begin consultations on revised Karoo shale-gas programmeShale-gas aspirant Bundu Gas and Oil Exploration, which applied for a shale gas exploration right in South Africa’s Karoobasin in 2010, has revised its environmental management programme (EMP) and has appointed an independentenvironmental consultancy to begin consultations with interested and affected parties.(©www.miningweekly.com)

Paragon raises £257 000Aim-listed Paragon Diamonds on Friday said a private placement of 5.7-million shares at 4.5p had netted the Aim-quoteddiamond development company £256 825. The company also planned to issue another 250 000 new shares to advisersfor services rendered at a price of 4.5p a share.(©www.miningweekly.com)

Chamber, Parliament pledge support for govt stamp-out of illegal mining by FebruaryWhile it is unclear whether illegal mining in and around South African mines is on the increase or decrease, Department ofMineral Resources (DMR) Deputy Minister Godfrey Oliphant was quoted in Mining Weekly in September as saying that thedepartment wanted to see “stability” in the fight against illegal mining by this month, in the hope that this would eventuallylead to the total eradi- cation of the practice by February next year.(©www.miningweekly.com)

Time to re-think SA's mining tax regulationsPWC's 2014 report "SA Mine: Highlighting trends in the South African Mining Industry" shows that companies representingabout 77% of total revenue in the analysis, provided enhanced value-added statements.(©www.miningmx.com)

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China's R7.7bn SA mining splurge confoundsChina, India, commodities, metals, economic-recoveryViews vary on why Chinese companies have offered R7.7bn formining assets in South Africa that can best be described as marginal in the current market.(©www.miningmx.com)

Platinum deficit widens in 2014, says WPICTHE supply deficit in the platinum market would widen in 2014 to 885,000 ounces, an increase of 27% over 2013,according to the inaugural World Platinum Investment Council (WPIC) annual review published today.(©www.miningmx.com)

New Centurion development from R599kThe first two phases of Woodwind Estates at The Reeds in Centurion will offer freestanding homes priced from R599k toR1.3m.(©www.property24.com)

Gauteng property in short supplyGauteng is experiencing significant growth in the demand for residential property, with a shortage of homes for sale in anumber of areas.(©www.property24.com)

Brits buying Simons Town summer homesSimons Town has become the 'home-away-from-home' choice for many British retirees who spend several months a yearin SA during the northern winter.(©www.property24.com)

New Somerset West village estate homesThe Grand Olive in Sitari Country Estate is the first apartment complex being built, surrounded by natural wetlands andparks, 39km from Cape Town.(©www.property24.com)

New Blaauwberg beachfront apartmentsA new beachfront apartment development, 76 On Beach in Blaauwberg, offers three bedroom apartments priced at R5.6mand R13.5m for the penthouse.(©www.property24.com)

Stands in CT Northern Suburbs estateOnly 17 stands remain in the Baronetcy Estate in Cape Town’s Northern Suburbs and priced from R2.25m to R4m areattracting buyer interest.(©www.property24.com)

SA apartment rentals on the increaseCape Town rentals increased by an average of 14.56% since December 2012, Durban by 10.28% and Johannesburgrecorded an increase of 6.32%.(©www.property24.com)

Unique online Configurator Grohe BestMatch™ helps to find the perfect combination of washbasin and faucet When it comes to choosing a washbasin and faucet for your bathroom, you are faced with a seemingly endless variety.But which faucet looks best with which basin? (©www.designmind.co.za)

Outdoor fun for the kids – sandbox with seating projectYoung children love a sandpit and can spend to hours in with a bucket and spade making sandcastles and having fun.This DIY sandpit has a lid that can easily be placed over the top to ensure the sand stays clean. It also doubles as adaybed or play platform when not used as a sandpit.(©www.designmind.co.za)

Do your pre-holiday homeworkAy! Who stole 2014? Just like that – and summer’s back with its year-end holidays. Are you ready? Three things you needto consider before you depart: your home, your transport, and your destination.(©www.privateproperty.co.za)

Finding faultWe have all heard the term “voetstoots”, which, to all intents and purposes, means “as is”. To spell it out, when you buy aproperty you are buying it “warts and all”. This doesn’t of course mean that a seller can fraudulently hide defects from abuyer and then use the voetstoots clause as a defence.(©www.privateproperty.co.za)

The true cost of a free lunchMoving home is an incredibly stressful experience and, no matter how much you think you are prepared for the big day, isalso extremely tiring.

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(©www.privateproperty.co.za)

Don’t Leave Out the Occupational Rental ClauseEven if you don’t plan to occupy your new home until it has been transferred into your name, you and the sellers shouldagree on what a fair occupational rental would be in case you have to do so, and fill it in on the original sale agreement.(©www.propertyjunction.co.za)

Municipal debt: mind the gapIt may seem completely crazy to us folk-in-the-street, but if you’re buying a property, you could be held liable for debts thatthe seller ran up with the local municipality long before you came up with your offer to purchase.(©www.privateproperty.co.za)

How to deftly draft a trust docBeing partial to a little poise and polish, I’ve always firmly subscribed to the belief that you can be comfortable when you’redead. Why for example would you travel in a tracksuit when you could arrive in, say, Milan looking as if you’ve just steppedout of a mag.(©www.privateproperty.co.za)

Bubbles: some burst; some don’tWhen FNB’s Property Barometer (information supplied by real estate professionals that provides insights into theresidential property market ) was launched in November 2004, the residential property market was arguably at its peakand demand far outstripped supply: there were rainbows in the bubbles!(©www.privateproperty.co.za)

Foreign buyers and land ownershipForeign buyers of prime residential property have made a welcome return to the South African market, with African buyersgrowing in numbers.(©www.property24.com)

Growthpoint wins international award for an illuminating energy savings projectGrowthpoint Properties has won the first ever International Lighting Project of the Year at the 2014 Lux Awards announcedin London. In a massive energy saving project, Growthpoint undertook a low-energy retrofit, introducing more than 100,000energy-efficient lamps and light fittings in 157 of its multi-tenanted office, industrial and retail buildings across SouthAfrica, over a period of 10 months.(©www.eprop.co.za)

Renovation and green retrofit for 382 Jan Smuts Avenue382 Jan Smuts Avenue, a building which formed part of the Tower Property Fund's initial portfolio, is currently receiving anexciting renovation and facelift that includes a green retrofit - which is in line with Tower's commitment to occupancy costreduction across its portfolio by implementing green measures.(©www.eprop.co.za)

1st 4 Star green small office spaceIbis House, the first 4 Star Green Star office space for small to medium tenants, proves that going green is possible forsmaller developments.(©www.property24.com)

Local team being trained up to take over Cookhouse wind-farm operationsThe 138.6 MW Cookhouse wind farm, in the Eastern Cape, has completed all required performance tests and gridcompliance to reach commercial operations and enable achievement of commercial operations date (COD).(©www.engineeringnews.co.za)

R 172 000 in energy savings - The up-side of green buildingsIn the past, property developers and owners alike had the mammoth task of not only completing a well-constructed andaesthetically appealing building – at great costs – but they also had to deal with the extended expenses of running abuilding with high energy consumption.(©www.designmind.co.za)

Students Shine a Spotlight on Geothermal Energy and Discover Career PathwaysThe consensus among advocates of geothermal energy seems to be that geothermal energy is a great alternativeresource, but not enough people know what it is.(©www.renewableenergyworld.com)

A $6 Billion Opportunity for Rural Electric Cooperatives to Lead on Clean EnergyLast week I asked why rural electric cooperatives haven't been leaders on renewable energy. This week, I explain a $6billion opportunity they can seize to take leadership.(©www.renewableenergyworld.com)

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The Indicators as on5 December 2014 18:10

This week 29/11/2014Rand/US$ 11.37 11.02Rand/BP 17.72 17.28Rand/Euro 13.98 13.75Gold/oz $1193.38 $1180.45JSE All share 49506.59 49962.11

SA’s gross reserves fall in November due to drop in foreign exchange reservesSA’s gross reserves fall by 0.3% month on month to $48.5m in November as increase in gold reserves is offset by declinein foreign exchange reserves(©www.bdlive.co.za)

Oil price drop threatens investmentsThe continued fall of oil prices may lead to the postponement of $150bn worth of projects in the sector worldwide, says asource.(©www.fin24.com)

Migrants not responsible for unemployment - VaviMigrant workers from Africa who seek employment in South Africa should not be blamed for the country's unemploymentand poverty, says Cosatu's Zwelinzima Vavi.(©www.fin24.com)

SA in policy tightening cycle: KganyagoFalling oil and food prices have served to improve the inflation outlook, but Sarb remains in a gradual policy tighteningcycle, governor Lesetja Kganyago says.(©www.fin24.com)

Economic Data and Forecasts

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

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

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