Advance Corporate Advisors

27/10/2023

Such an exciting new infrastructure project.

Wednesday 25 October 2023 - 12:35pm JOHANNESBURG - The Gautrain rail network could soon triple in size. The Gautrain Management Agency says it's at an advanced stage of finalising a massive expansion project. GMA's incoming CEO, Tshepo Kgobe, says work on the additional 150km of tracks will start ne...

23/03/2020

Infrastructure investment is essential to stimulate growth. But It requires government to actually award projects to preferred bidders - not just keep talking about it. And of course, create stability by implementing harsh measures against the so called construction mafia. It starts with turning up for that long promised meeting with the construction industry.......

A policy paper released by the National Planning Commission argues that the key to unlocking spending on infrastructure is to strengthen government’s capacity in procuring and managing major construction projects while simplifying overly burdensome legislation that acts as a handbrake on infrastru...

23/03/2020

Cut the red tape NERSA! This is private sector investment waiting to happen. Don’t let the coal industry derail finalisation of these regulations

Two so-called draft “S34 determinations” by the National Energy Regulator of South Africa (Nersa) are the first step in the process of procurement of new electricity generation capacity in South Africa totalling some 13,813 MW from independent power producers (IPPs).

15/11/2019

Thrilled that the cement industry has finally made this application - they should have a long time ago. The "designated sector" for minimum local content mechanism has been available for many years. Increasing local content is in government infrastructure projects is in everyone's interest - and helps build SA Inc. Hopefully other sectors within the construction and infrastructure value chain will follow suit

Local cement companies have applied for designation so that product used in government projects is sourced locally

22/07/2019

"Nothing about us without us."

The MPRDA Mining Charter specifies that mines have to have a certain amount of community ownership. However, not all of this ownership is transparent and accountable, as confirmed in this article. To align these Community trusts with the the requirements of the B-BBEE Commission and claim them as contributing to black ownership as well, will assist in building transparency.

Given the consequences of mining, it is not surprising that communities living on previously unmined land are increasingly resisting the imposition of mining development and demanding respect for the right to consent to development that occurs on their land.

13/07/2019

Recently there has been a concern companies who have concluded B-BBEE transactions in the form of an acquisition by a Broad-Based Trust (“BBOS”). This stems from the B-BBEE Commissioner announcing in various ways that most of these transactions are non-compliant – due either to the...

13/07/2019

http://advancecorporateadvisors.co.za/can-broad-based-trust-ownership-structures-become-compliant-and-remain-investment-vehicles-of-choice/

Recently there has been a concern companies who have concluded B-BBEE transactions in the form of an acquisition by a Broad-Based Trust (“BBOS”). This stems from the B-BBEE Commissioner announcing in various ways that most of these transactions are non-compliant – due either to the...

12/07/2019

One of the perks of being a consultant is that you often get to work with incredible colleagues. Aurik Enterprise Development - we are proud to be associated with you and your incredible work. Thank you so very very much for the flowers.
Aurik Enterprise Development

06/05/2019

Advance is proud to have been involved in the bidding process for Kathu Solar Park on behalf of the owners. To see it at completion of the construction phase and feeding into the grid is a wonderful achievement.

SPONSORED | 100MW boost for SA electricity grid

05/05/2019

A mafia state! The fact that law enforcement shows signs of being complicit and the fact that all, but one, Government Departments and Ministers have not responded to letters sending out the alert - once again - is unacceptable.

Construction sector held to ransom by thugs, says forum