Author: Gambeta News

PUT ENGINEERS WHERE THEY BELONG – OUR ANSWER TO BUILDING A CAPABLE STATE

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PUT ENGINEERS WHERE THEY BELONG – OUR ANSWER TO BUILDING A CAPABLE STATE

In SA’s Health System, qualified medical practitioners occupy the positions of Chairperson of the Portfolio Committee, Minister, Deputy Minister, a Director-General, HoDs (9 Provinces) and two MECs (Limpopo & Gauteng). This approach pays dividends as seen in the way healthcare is tackling COVID-19. They also exposed and are working towards rectifying the inadequacies of the system. The exact same principle should apply to engineering services – qualified engineering practitioners occupy infrastructure delivery offices. However, in…

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NIGERIA STANDS SOLIDLY BEHIND AKINWUMI ADESINA

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NIGERIA STANDS SOLIDLY BEHIND AKINWUMI ADESINA

“Some lies have been concocted against me to render me ineligible for a second term as AfDB president. The bank has its rules, regulations and laws. And part of it is that any allegation must be substantiated with facts, evidence and documents. This is so that there can be believability, and nobody can act out of malice. “In all the 16 allegations against me, there were no facts, no evidence, no document. The Ethics Committee…

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NIGERIA’S LPG ADOPTION STRATEGY

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NIGERIA’S LPG ADOPTION STRATEGY

The surge in the demand for Liquefied Petroleum Gas (LPG) in Nigeria is currently driven by the removal of Value Added Tax (TAX) on in-country sales and waivers on tariffs for LPG infrastructure by the government since 2018. Seeing the opportunities for LPG across the globe, stakeholders including government agencies and private operators have ramped up advocacy to replace dirty fuels such as kerosene and firewood. So far, their coordinated efforts have enabled LPG to…

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INCREASING INTERNET PENETRATION IN AFRICA

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INCREASING INTERNET PENETRATION IN AFRICA

Africa’s fixed broadband technologies will drive the 4th Industrial Revolution, hence, all stakeholders need to make great efforts in increasing internet penetration. While also ensuring that the cost of data falls to enable digital businesses to thrive on the continent.    The internet works by means of Fibre Optic Cables that form a network. see this YouTube video In essence, there are critical infrastructures that are required to connect both the rural and urban regions…

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NIGERIA’S STRATEGY TO ATTRACT FOREIGN DIRECT INVESTMENT

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NIGERIA’S STRATEGY TO ATTRACT FOREIGN DIRECT INVESTMENT

As foreign investments across the continent dries up for infrastructure projects, Nigeria is deploying a strategy to attract foreign investors. The Nigerian government has put out a circular inviting investors to bid for 57 oil fields. Nigeria has abundant natural resources and development economists say the level of Foreign Direct Investment (FDI) inflows into the country has  been $ 1 billion on average since 2016.    SOURCE: BusinessDay.ng |PunchNG.com

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PRESIDENT OF FIDIC AFRICA WILL SPEAK ON AFRICA’S RESPONSE TO THE COVID-19 PANDEMIC

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PRESIDENT OF FIDIC AFRICA WILL SPEAK ON AFRICA’S RESPONSE TO THE COVID-19 PANDEMIC

Kabelo Motswagole, President of FIDIC Africa will speak on “learning lessons from how countries and governments have dealt with the COVID-19 pandemic”. This webinar explores what different countries have done, both in response to the spread of the virus and also the subsequent economic response and looks at the lessons to be learned for future crises and for how we operate as societies going forward. REGISTRATION IS FREE: https://us02web.zoom.us/webinar/register/8615898986604/WN_sXD-HbZkRnmRknCrgcbe6g REGISTRATION DATE: 21 April, 2020 – 08:30 to 4…

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THE UNIQUE MODEL OF THE GHANA INFRASTRUCTURE FUND – SOLOMON ASAMOAH

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THE UNIQUE MODEL OF THE GHANA INFRASTRUCTURE FUND – SOLOMON ASAMOAH

The Ghana Infrastructure Fund is a unique model in Africa that has recorded huge successes with over USD 2 billion raised for infrastructure projects in the country. The Government in Ghana invested USD 325 million to a fund that is being managed by professionals towards infrastructure in the nation. This model boosts confidence in international investors, who can leverage on the expertise of the fund to c0-investment in the nation. The Ghana Investment Fund has…

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SOUTH AFRICA MOVES TO LEVEL 3, WHAT IT MEANS FOR THE CONSTRUCTION INDUSTRY?

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SOUTH AFRICA MOVES TO LEVEL 3, WHAT IT MEANS FOR THE CONSTRUCTION INDUSTRY?

Since the lockdown came into effect on 27th March 2020, construction sites across the South Africa have been shut. This has put pressure on companies in the industry, especially on their balance sheet. Prolonged lockdown without economic activities could potentially lead to bankruptcy. Hence, the decision by President Cyril Ramaphosa on May 24 brought cheer to industry stakeholders. Starting June 1, construction sites will open and adhere strictly to the health and safety protocols that…

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45000 METRIC TONNES CASSAVA PROCESSING PLANT COMMISSIONED IN NIGERIA

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45000 METRIC TONNES CASSAVA PROCESSING PLANT COMMISSIONED IN NIGERIA

In a bid to diversify investment from Oil, Nigeria’s Oil rich state has recently commissioned a Cassava Processing Plant at Afam, Rivers State. The Governor, Nyesom Wike alongside other government dignitaries were at the opening ceremony.  According to Ruben Giesen, managing director of the Rivers State Cassava Processing Company, the project is joint venture partnership between the state government (70 percent equity) and Shell Petroleum Development Company (SPDC) of Nigeria. The project was conceptualised in…

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WHY DO JOINT VENTURE PARTICIPANTS ENTER INTO AN AGREEMENT?

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WHY DO JOINT VENTURE PARTICIPANTS ENTER INTO AN AGREEMENT?

Why do joint venture participants (contractors, consultants or employers) enter into joint ventures in the first place? According to Rob Morson, a partner at Pinsent Masons, there are two broad categories or Infrastructure participants. They are either joint ventures to procure or deliver infrastructure. In other words, they either play a developmental or execution role. There are seven (7) primary drivers that drive the process, these could be; Regulatory requirements  The ability to pull resources…

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COVID-19 – IMPACT ON JOINT VENTURE TRANSACTIONS

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COVID-19 – IMPACT ON JOINT VENTURE TRANSACTIONS

Rob Morson, Partner, Pinsent Masons, South Africa speaks on the likely impact on JV transactions due to the Corona Virus Pandemic. According to him, joint ventures parties are sometimes motivated more by the desire to secure a contract than the object of delivering it. Far too often joint ventures are formed in a haste without appropriate consideration for the delivery objective. When projects face foreseeable risks, joint venture members are generally well prepared and equipped…

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CEO, GHANA INFRASTRUCTURE INVESTMENT FUND WILL SPEAK DURING FIDIC COVID-19 WEBINAR SERIES

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CEO, GHANA INFRASTRUCTURE INVESTMENT FUND WILL SPEAK DURING FIDIC COVID-19 WEBINAR SERIES

Solomon Asamoah, CEO, Ghana Infrastructure Investment Fund will be speaking during the FIDIC COVID-19 Webinar Series – on “Clients, investors and developers’ perspectives on the fragility of the construction and infrastructure sector”.  Mr Solomon Asamoah is a seasoned professional in Africa’s Infrastructure investment space. VENUE: Zoom Webinar DATE: May 28, 2020 TIME: 11:00 AM in West Central Africa Webinar Registration HERE  Ghana Infrastructure Investment Fund (GIIF), is an investment vehicle, initially capitalised at US$250 million, with…

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THE WORLD’S LARGEST VIRTUAL EVENT FOR DIGITAL CONSTRUCTION

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THE WORLD’S LARGEST VIRTUAL EVENT FOR DIGITAL CONSTRUCTION

The Festival of BIM & Digital Construction is the largest-ever virtual event for digital construction. 1000s of global attendees Incredible Content – a wide range of webinars taking place across 9 weeks FREE attendance for all construction professionals from around the world Presentations, panel discussions and case studies from a vast number of: Contractors, Architects, Engineers and BIM & Digital Construction professionals All sessions accredited: CPD accredited and AIA/CEU approved Online Networking Opportunities Q&A sessions and…

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World Battery Industry Expo (WBE 2020）

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World Battery Industry Expo (WBE 2020）

World Battery Industry Expo （WBE 2020） Formerly The 5th Asia Battery Sourcing Fair (GBF ASIA 2020) Date: August 16th-18th, 2020 Venue: China Import & Export Fair Complex Website: http://www.battery-expo.com/index.php?lang=en   Preview of WBE 2020 The 2020 show plans to fill a 40,000 sq.m show floor with 600+ exhibitors, mainly focusing on Battery, Battery Equipment, Battery Materials and Accessories. It has so far attracted many big brands as its exhibitors in the past few years, such…

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HOW DO YOU DEFEND YOUR BALANCE SHEET, SECURE YOUR BUSINESS

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HOW DO YOU DEFEND YOUR BALANCE SHEET, SECURE YOUR BUSINESS

Engr. Bayo Adeola, speaks on business sustainability issue relating to consulting firm. The immediate issues are cash flow, how much money do you have available to meeting staff salary and other consumables like rents, and other overheads. Some smaller firms who work from month to month will likely have reserves that can last for about two (2) months. What happens to them after three (3) months?  The question now is; do we spread our cash…

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BLT WORLD SUPPLIES AND SUPPORTS MDS TROMMEL SCREENS AND APRON FEEDERS THROUGHOUT AFRICA

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BLT WORLD SUPPLIES AND SUPPORTS MDS TROMMEL SCREENS AND APRON FEEDERS THROUGHOUT AFRICA

BLT WORLD’s MDS M515 track trommels, with a 30 T hopper capacity, are capable of handling large rocks and efficiently separates difficult and sticky materials, like mud and clay. MDS trommel screens and apron feeders, which have been designed especially for mineral processing and recycling applications, are available throughout Africa from BLT WORLD. “These flexible systems are used to remove the small fraction – fines – from a waste stream, to make the remaining material…

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FIBERTEX SA ADAPTS CPD COURSE FOR ONLINE LEARNING DURING COVID-19 LOCKDOWN

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FIBERTEX SA ADAPTS CPD COURSE FOR ONLINE LEARNING DURING COVID-19 LOCKDOWN

Fibertex SA is now offering a four-hour online course on the “Introduction to Geosynthetics and Soil Reinforcement” which has attained Continuing Professional Development (CPD) accreditation from the South African Institute of Civil Engineering (SAICE).   “This course, which is offered free of charge, has been modified by Fibertex engineering specialists, as an online presentation for civil, structural and geotechnical engineers and architects to learn during the COVID-19 lockdown period and to conveniently build CPD points…

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INTERVIEW: HOW HAS THE COVID 19 IMPACTED ON YOUR ENGINEERING MEMBERS?

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INTERVIEW: HOW HAS THE COVID 19 IMPACTED ON YOUR ENGINEERING MEMBERS?

GEORGE CHUKWULEWA OKOROMA is the President, Association for Consulting Engineering in Nigeria (ACEN). The engineer, who is at the helm of affairs at GAMBETA GROUPE LIMITED in this interview with Bertram Nwannekanma, spoke on the challenges of engineering profession in Nigeria among other issues. The novel coronavirus has not left a single industry untouched. One of the sectors that have been impacted severely is the engineering sector. The impact has been felt at all layers…

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IMPLEMENTATION OF THE SOUTH AFRICAN R800-BILLION FISCAL AND MONETARY POLICY PACKAGE

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IMPLEMENTATION OF THE SOUTH AFRICAN R800-BILLION FISCAL AND MONETARY POLICY PACKAGE

The extraordinary budget by Minister Mboweni must be supported by an extraordinary public infrastructure system where suitably qualified, professionally registered technical staff are appointed by all organs of state; thus also ensuring that public tender systems will consist of professionally registered service providers from the engineering and built environment. Part of the R800Billion is meant for infrastructure development. If this is again invested into the current broken system, it will yield the same unintended outcomes: …

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FIDIC COVID-19 Webinar Series – COVID 19: How do you defend your balance sheet, secure your business financial position and ensure liquidity

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FIDIC COVID-19 Webinar Series – COVID 19: How do you defend your balance sheet, secure your business financial position and ensure liquidity

COVID 19: How do you defend your balance sheet, secure your business financial position and ensure liquidity Registration Registration date: 21 April, 2020 – 08:30 to 12 May, 2020 – 10:00 The Covid-19 crisis has exposed the fragility of several company’s balance sheets. With some industries running off a capital balance that only allows for a few months’ operation or where debt covenants are easily breached, it is vital for companies to understand their business and financial…

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