M&R holds on to shrinking South African unit amid hopes of infrastructure-led recovery

JSE-listed engineering and construction group Murray & Roberts (M&R) is “holding on” to its South African-aligned business unit that focuses on power, industrial and water despite the fact that its contribution to the group’s R54.2-billion order book has slumped to less than one percent, or only R400-million. By contrast, M&R’s energy, resources and infrastructure platform, which is headquartered in Australia, but also has global activities, reported a record order book of R34.4-billion at the end of June, which helped lift M&R’s overall order book to its highest level in 15 years.
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Camden power station resumes operations

Operations at the Camden power station resumed on August 27 after a four-month shutdown. The shutdown was implemented to relocate ash from an unsafe dam at the station.
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Old Mutual fund urges South Africa to focus on power

A $1.9-billion infrastructure fund owned by Old Mutual said South Africa should start with power as it embarks on an R2.3-trillion drive to lure private investment into infrastructure over the next decade. Electricity is South Africa’s most urgent need and the country has experience of approving renewable energy projects with a prior program attracting R209-billion of private investment, Vuyo Ntoi, co-managing director of African Infrastructure Investment Managers.
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DMRE starts procurement process for 2 000 MW of electricity capacity

  Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the process initiated by the Department of Mineral Resources and Energy to procure 2 000 MW of electricity capacity to fill an emergency supply gap and what this process says about the how the department plans to tackle the country’s power problems.
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