Aveng, in partnership with Kutlwanong and the Limpopo Department of Education, hosted a prize-giving ceremony at the Jane Furse Comprehensive School in Jane Furse, Limpopo on Friday, 29 January 2016. The event acknowledged the excellent achievements of learners from the Aveng Kutlwanong Rebone Centre.
Aveng Grinaker-LTA is making good progress on the construction of the Balance of Plant (BOP) mechanical works at the Kusile Power Station project, as per the contract that was concluded with Eskom in February 2011. Kusile is set to be the fourth largest coal-fired power station in the world, and the multi-disciplinary BOP component of the project is being executed by Aveng Grinaker-LTA’s Mechanical and Electrical division.
Aveng Namibia (Pty) Ltd have been awarded a contract by Oryx Properties, to construct a new Virgin Active Gym at the Maerua Mall in Windhoek, Namibia.
The scope of work includes the structural strengthening of an existing parkade and the construction of a new state of the art gym on the uppermost level of the shopping complex. This project is part of a phased expansion of the Maerua Mall by the client, Oryx Properties. Site hand over took place on 10 November 2015 and the project will take 11 months to complete.
South Africa is in the grip of a severe drought and the Government has declared five of the country’s nine provinces to be drought disaster areas. This is largely as a result of one of the strongest El Nino events on record. But is the real crisis maybe not more about how we manage water in South Africa? Annual reports from our water authorities show that in some provinces as much as 50% of available drinking water is lost through leakages or waste each year.
The continued downturn in commodity prices has affected mining operations globally; however, multidisciplinary construction and engineering group Aveng’s mining division has deployed responsive strategies that will sustain its operations during these trying times.
Addressing a group of investors during a mine visit at the Nkomati nickel mine, in Mpumalanga, last month, Aveng Mining MD Stuart White indicated that, although the weak rand somewhat shielded the local mining sector, this could not fully compensate for the new decade lows in commodity prices.
Since China reduced its steel consumption owing to overcapacity in February last year, over the past 18 months, the steel units at construction and engineering group Aveng have been pursuing several work streams to reacclimatise to the prevailing pressures.
At the annual South African Reward Association (SARA) Awards Banquet, held on Saturday 7 November 2015, Aveng was awarded second place in the category Reward Project of the Year, which recognises individuals and teams who have been responsible and actively involved in the development and implementation of a new Reward Project. This award further aimed to recognise reward thought leaders that make a noticeable impact to business through reward strategies and practices that deliver business results and support the objectives of their companies.
Aveng Grinaker-LTA has recently been awarded a contract worth R165 million for the construction of a 602 unit, seven storey student boarding house and three levels of basement parking. The site is within walking distance of the University of Cape Town and the new accommodation is specifically targeted at students enrolled at the University.
Aveng Grinaker-LTA took top honours at the Construction World Magazine’s annual BestProjects Awards Ceremony in Johannesburg on 4 November 2015. The constructioncompany’s Majuba Incremental Launch Bridge Project was awarded first place in the CivilEngineering Contractor Category, and its Sasol Process Water Cooling Towers Projectreceived a Special Mention.
Presentations for the Investors Day of 20th October can be found here.