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PPC warns of looming skills shortage in SA construction industry

Netwerk24
SA could find itself short of skilled construction workers in the next decade, says PPC MD Njombo Lekula.
Skills retention and transfer are two of the many problems the industry is hoping its construction masterplan will resolve.
The industry is also asking for local content designation, hoping that this will help with the fight against cheap non-South African cement.
South Africa could find itself short of skilled construction workers in the next decade, unless retention and skills transfer are prioritised. This according to Njombo Lekula, Southern African managing director of Pretoria Portland Cement (PPC).
Lekula, who was speaking at a PPC roundtable on localisation on Wednesday, explained that South Africa’s construction industry has highly skilled people, but is losing these workers to other countries, while young people are choosing not to study construction. ....

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Old Mutual, PPC Stocks Fungibility Suspension Further Extended

By Alois Vinga
FINANCE Minister, Mthuli Ncube has extended the suspension of PPC Limited and Old Mutual shares by a further 12 months.
In a notice published in the latest Government Gazette, the treasury boss renewed the suspension to end of March next year.
“In my capacity as an exchange control authority under Part V (Securities) of the Exchange Control Regulations, 1996 (Statutory Instrument 109 of 1996), hereby order the suspension, for a period of twelve months from the publication of this general notice ending on the 11th March, 2022.
“This includes every authority, directive or order granted by any exchange control authority allowing the fungibility of shares of the following companies listed on the Zimbabwe Stock Exchange, Old Mutual Limited and PPC Limited,” said Ncube. ....

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ZIMBABWE: Zuva Petroleum to equip its various sites with 180 solar power plants

December 16 2020
/ Modified on
December 16 2020
Zuva Petroleum aims to become a leader in the promotion of renewable energy. The Zimbabwean oil company recently unveiled a project to build 180 solar power plants to supply its various sites in Zimbabwe. Work will begin in 2021.
Zuva Petroleum is determined to reduce its carbon footprint through renewable energy. The Zimbabwe-based oil company recently launched a project to build 180 solar power plants in the country. The electricity generated will be used to power Zuva Petroleum’s petrol stations, liquefied petroleum gas (LPG) sites and depots.
The oil company plans to start work in 2021.
“We also plan to channel 30 per cent of the electricity produced by the solar power plants to the national grid through a net metering system. This will improve the electricity supply to the population. Of Zimbabwe’s ....

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