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Showing posts from October, 2018

First Lady Margaret Kenyatta unveils Nakuru's Sh450m maternity unit

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Congestion at Nakuru Level 5 hospital is expected to be a thing of the past after First Lady Margaret Kenyatta officially opened a 250-bed maternity wing at the facility. The Sh450 million Mother-Baby Wing was unveiled in a colourful event on Wednesday. Host Governor Lee Kinyanjui and other dignitaries were present at the launch. The maternity wing is expected to handle patients from Rift Valley counties namely Bomet, Baringo, Narok, Kericho, Samburu, Laikipia, and Nyandarua. The maternity unit is hailed as the second biggest not only in Rift Valley but in the country after Nairobi's Pumwani hospital. First Lady Margaret Kenyatta cuts the ribbon during the unveiling of the 250-bed maternity wing at the Nakuru Level 5 hospital on Wednesday, October 17, 2018. The unit has four modern theatres - installed with shadeless lamps, antenatal, and postnatal clinics; will offer pregnancy care and safe childbirth to boost universal healthcare. Nakuru Level Five medical superintendent Jose

Divercity invests R2 billion in Joburg inner-city developments

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ABSA Towers Main and Jewel City to be redeveloped and linked to Maboneng Divercity Urban Property Fund is investing R2bn in Johannesburg as part of its strategy to create thriving mixed-use inner-city precincts. This investment, the largest in the Johannesburg CBD for some years, is focused on the redevelopment of the iconic ABSA Towers Main building and Jewel City. Newly launched Divercity is an investment fund backed by the experience of some of South Africa’s leading property investors and developers. It is set to renew and re-energise the country’s urban centres with its unique focus on inner-city precinct development that combines commercial buildings with affordable residential space to create inclusive and diverse neighbourhoods. Its strong business case is also transformative in a uniquely South African sense. Divercity’s major shareholders and stakeholders are Atterbury and Ithemba Property, with Talis Property Fund playing a major part in the formation of the fund. Corne

Giuricich Bros secures Vukile’s investment for a section of the new prime offices at 104 Oxford Rd

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JSE-listed SA retail real estate investment trust (REIT) Vukile Property Fund has acquired a substantial section of Giuricich Bros Construction’s new premium-grade offices at 104 Oxford Road, Rosebank. Giuricich, the leading South African family-owned construction firm, began work on the 6,400sqm office block development in September 2017 and is set for completion by year end. Vukile has invested in 1,500sqm of sectional title offices, comprising the entire top floor of the five-floor building as well as its rooftop gym and entertainment area. Vukile will begin working from its landmark new address from early 2019. Adrian Faccio of Giuricich says, “As a leading listed property company with international assets, Vukile knows exactly what makes an excellent head office location and offers great value. We are thrilled that they chose our 104 Oxford Road development for their new headquarters.” Vukile is well versed in the quality of Giuricich’s buildings. The two have previously co

Atlas Copco WEDA 50+ and 60+ pumps take dewatering solutions to the next level

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Atlas Copco has solidified its place at the forefront of the pumps industry with the introduction of WEDA 50+ and 60+ dewatering pumps. These pumps have been designed to provide customers with enhanced levels of performance alongside improved efficiency, hassle-free maintenance as well as augmented capacity. The powerful and portable pumps have been built by skilled technicians, using the highest quality materials and offer an extensive range of dewatering solutions for construction, industrial, emergency and maintenance applications. “The WEDA range of electric submersible dewatering pumps are reliable and robust, featuring a custom-made sealing system and modular design that contribute to them being amongst the most flexible pumps in the business,” states Sarel Bekker, Atlas Copco Power Technique Business Development Manager, Portable Products. He continues that the WEDA+ range has taken all the impressive features of the founding WEDA range and has further improved on them with

Divercity invests R2 billion in Joburg inner-city developments

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ABSA Towers Main and Jewel City to be redeveloped and linked to Maboneng Divercity Urban Property Fund is investing R2bn in Johannesburg as part of its strategy to create thriving mixed-use inner-city precincts. This investment, the largest in the Johannesburg CBD for some years, is focused on the redevelopment of the iconic ABSA Towers Main building and Jewel City. Newly launched Divercity is an investment fund backed by the experience of some of South Africa’s leading property investors and developers. It is set to renew and re-energise the country’s urban centres with its unique focus on inner-city precinct development that combines commercial buildings with affordable residential space to create inclusive and diverse neighbourhoods. Its strong business case is also transformative in a uniquely South African sense. Divercity’s major shareholders and stakeholders are Atterbury and Ithemba Property, with Talis Property Fund playing a major part in the formation of the fund. Corner

US $110m Nairobi Gate Industrial Park project launched

Improvon Group, one of Africa’s most established logistics and warehouse property specialists, and actis, a leading US $110m Nairobi Gate Industrial Park project launched Located off the Eastern Bypass, this 103-acre development will offer state-of-the-art industrial and logistics accommodation for local and international companies, with quick access to key logistics and transport hubs such as the Jomo Kenyatta International Airport and the Inland Container Depot. Build to suit Nairobi Gate brings a unique “build to suit” concept to Nairobi that has been necessitated by the demand for modern, flexible and efficient warehousing facilities. It offers flexibility and scalability for occupiers’ operational needs. According to Stefano Contardo, the CEO of Improvon, Phase 1 of Nairobi Gate will span 103 acres and will consist of ultra-modern logistics, warehousing and distribution centres, bringing a ‘build to suit’ concept to Nairobi in response to the demand for grade A flexible spaces. “

Triumph for Triomf Primary, the first Growsmart Eastern Cape champions!

The first-ever Growsmart Eastern Cape champion is Triomf Primary. The school claimed the prestigious Growsmart winner’s title out of 60 competing schools and after coming through two tough tie-breaker rounds in the finals of this life-changing literacy competition. Triomf Primary emerged victorious to win an amazing R75,000 for the school. Triomf Primary is located in Salsoneville in the small town of Bethelsdorp, part of the Nelson Mandela Bay Metro, which is situated about halfway between Port Elizabeth and Uitenhage. The winning team members also won R10,000 to further their education and their mentor won a R5,000 shopping voucher for team’s mentor. The winning team members are Blane Gabon, Caitlin Dampies and AllesandrĂ« Macombo. They were mentored by Dorothy Johnson. Second-place winner Magqabi Primary School from KwaNobuhle and third-place winner Caritas Primary School from Rosedale, both in Uitenhage, were also rewarded with generous prizes. A specialised part of Growsmart is

US $110m Nairobi Gate Industrial Park project launched

Improvon Group, one of Africa’s most established logistics and warehouse property specialists, and actis, a leading US $110m Nairobi Gate Industrial Park project launched Located off the Eastern Bypass, this 103-acre development will offer state-of-the-art industrial and logistics accommodation for local and international companies, with quick access to key logistics and transport hubs such as the Jomo Kenyatta International Airport and the Inland Container Depot. Build to suit Nairobi Gate brings a unique “build to suit” concept to Nairobi that has been necessitated by the demand for modern, flexible and efficient warehousing facilities. It offers flexibility and scalability for occupiers’ operational needs. According to Stefano Contardo, the CEO of Improvon, Phase 1 of Nairobi Gate will span 103 acres and will consist of ultra-modern logistics, warehousing and distribution centres, bringing a ‘build to suit’ concept to Nairobi in response to the demand for grade A flexible spaces. “

Triumph for Triomf Primary, the first Growsmart Eastern Cape champions!

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The first-ever Growsmart Eastern Cape champion is Triomf Primary. The school claimed the prestigious Growsmart winner’s title out of 60 competing schools and after coming through two tough tie-breaker rounds in the finals of this life-changing literacy competition. Triomf Primary emerged victorious to win an amazing R75,000 for the school. Triomf Primary is located in Salsoneville in the small town of Bethelsdorp, part of the Nelson Mandela Bay Metro, which is situated about halfway between Port Elizabeth and Uitenhage. The winning team members also won R10,000 to further their education and their mentor won a R5,000 shopping voucher for team’s mentor. The winning team members are Blane Gabon, Caitlin Dampies and AllesandrĂ« Macombo. They were mentored by Dorothy Johnson. Second-place winner Magqabi Primary School from KwaNobuhle and third-place winner Caritas Primary School from Rosedale, both in Uitenhage, were also rewarded with generous prizes. A specialised part of Growsmart i

Loiyangalani-Suswa Transmission Line is Complete

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The construction of the Loiyangalani-Suswa transmission power line is complete according to Energy Cabinet Secretary Charles Keter. The 400kV line will evacuate 310MW from the Lake Turkana Wind Power Project. CS Keter pre-commissioned the power line at Loiyangalani in Marsabit County ahead of the President’s official launch scheduled for this month. Keter said the wind power energy from Lake Turkana and the 5MW from the Garissa solar power project will decrease power costs in the country. “With the rise of the price of fuel you would automatically expect to see the Fuel Cost Charge going up but with the injection of power from this line which is roughly 350MW it means from the current 700MW diesel power use we will hardly be running on 200MW of diesel,” Mr Njoroge said. According to Keter, the “Loiyangalani-Suswa transmission line was completed on time and has been handed over to the Kenya Electricity Transmission Company Limited” and the wind power project will be fully operational