Friday, March 22, 2013
Wednesday, February 20, 2013
@Sold celebrates Valentines Day in Style…
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It is the
one day in the year where we all can show love towards our loved ones as well
as our fellow man.
Everyone
deserves kindness and love and this was a day celebrated to just do that…
There was
plenty treats to go around and even Ria from Mogol Post came to join us in this
joyous celebration.
We would
like to thank all our clients who came to share in the fun and hope that
everyone enjoyed a wonderfully blessed Valentines Day 2013.
Love
@Sold Team (Arona, Zelmari & Martie)
 |
| Photo Coutersey of Mogol Post |
Monday, November 19, 2012
Get Ready for Christmas Shopping
Phase one of the R170-million Lephalale Mall is on track to
open its doors to shoppers at the end of November. Located on 12 hectares in
Overwacht, the 15 800m2 shopping centre is anchored by a 4 200m2 Game and 4 100m2 Checkers. The mall
will offer a range of retail choices for shoppers: from shoes and fashion – with
Spitz, Rage, Truworths, Edgars Active, Mr Price Sports, Identity, Studio 88,
Pep and Jet; to homewares – like Mr
Price Home; Clicks and cellular services.
In addition, a high demand for banking facilities is being
addressed with the opening of the mall, which includes a fully fledged Standard
Bank branch, Capitec and Nedbank business unit. Food options include restaurants
Wimpy and Spur, or fast food favourites like McDonald’s, Fish and Chip co. And King
Pie
“Demand from national tenants has been so strong that not
all interested tenants could be accommodation in the first phase,” says Jannie
Moolman of the Moolman Group.
“Phase Two is intended to bring the total size of the mall
to 32 000m2, with leasing for Phase Two currently in progress.”
“Lephalale Mall could eventually expand to 42 000m2,”
he adds, “given the immense development potential in the area.”
Lephalale Mall is positioned between Nelson Mandela-and
Chris Hani Drives, the major east-west arterials that link Onverwacht, to
Ellisras, the nearby coal fields and power stations to the west, and the local
airfield.
“The site draws from a
trade area characterised by well
educated, high LSM shoppers with a high level of employment,” explains Moolman,
adding that the mall will attract shoppers from Botswana, just 70km away.
Representing a vast investment which will boost the local
economy, Lephalale Mall is a joint venture between Moolman Group and Uniqon.
“We see the opening of Lephalale Mall bringing sustainable
economic growth and ahost of new employment opportunities in the area”, says
Moolman.
Wednesday, August 22, 2012
Estate Agent Affairs Board dissolved
Yesterday, Minister of Human Settlements, Tokyo Sexwale took a bold step
and dissolved the Estate Agents Affairs Board (what was left of it) and placed
it under administration.
I was fortunate enough to attend the breakfast presentation and hear
first-hand his passion and commitment to finding a solution for quality housing
for all South Africans. The estate agent industry has only recently (May 2012)
been placed under the control of the Department of Human Settlements. At the
time the Estate Agent Affairs Board (EAAB) consisted of 6 members (there should
be 15 members), during the month of June 2012 a further 3 resignations left
only 3 Board members, in Mr Sexwale’s words “dysfunctional”. He proceeded to
dissolve the Board and place it under administration and further instructed the
Special Investigation Unit (SIU) to investigate the Board, the industry and the
Fidelity Fund. Sexwale was emphatic that it was time the industry “got its
house in order” and anyone involved in bringing the industry into disrepute
would be held accountable and if need be face criminal charges.
Going forward Sexwale would like to engage with the industry and has
scheduled a summit for the 21st September 2012.
The State of the Rental Industry
TPN and Payprop co-hosted The State of the Rental
Industry road show last month. We had a full house at all the events:
Johannesburg, Cape Town and Durban hosting 1000 delegates.
Our panel of expert speakers provided great insight;
please click on each speaker below to open their presentation:
Monday, August 20, 2012
Eskom faces new power crisis
Eskom
faces new power crisis
Johannesburg
– Eskom again faces power shortages. Within six years the utility will have a
40m tonne coal deficit to meet its annual requirements.
This shortfall is owing to Mpumalanga’s shrinking coal reserves, which need urgent supplementation with coal from the Waterberg area, which has 70bn tonnes of shallow coal reserves lying between Lephalale and the Botswana border.
Every year after 2018 the shortfall will assume greater proportions because of Mpumalanga’s shrinking reserves.
By 2040 only five of the 13 coal-fired power stations in Mpumalanga will still have coal.
Transport costs to Mpumalanga will be between R100 and R200/t, which means the coal will cost 50% to 100% more than the R209 that Eskom is currently paying for coal from those mines mostly close to the power stations. Electricity consumers will ultimately bear these costs.
Railway lines are now hurriedly being built to get the Waterberg coal in Mpumalanga, but the only long-term solution is to build more power stations at Medupi and Matimba in the Waterberg area, where half of the country’s remaining coal resources lie. Last month Eskom asked the 15 owners how much coal they can make available for the Mpumalanga power stations.
Exxaro, the only one of the 15 mineral-right owners producing coal, said it was prepared to provide 2m tonnes a year by 2014 and, by 2018, to increase this to 30m or even 40m tonnes, depending on Eskom’s specifications.
Transnet committed itself to improving the carrying capacity of the railway line to 23m tonnes/year by 2016 and eventually to push this up to 80m to accommodate, inter alia, for coal exports from Botswana.
Owners of the 70bn tonnes of coal in the Bushveld are however frustrated and disillusioned by the delay in providing a legal framework for erecting private, independent power stations while the country pays higher prices because of electricity shortages.
The electricity regulation bill and that on independent system operators, which will remove control of the country’s power grid from Eskom so that independent operators can also use it, has been dragging on for three years.
Construction of private coal-fired power stations cannot start before these matters are finalised. It has become increasingly obvious that independent power generators are the key to the country’s energy problems.
There is also enormous frustration in the mining industry because Eskom is buying electricity back from chrome smelters.
This winter this has brought half of the ferrochrome industry to a standstill and resulted in South Africa surrendering considerable market share to China.
“How can Eskom be proud of us getting through winter without power failures while effectively there has been commercialised load-shedding?” a player in the ferrochrome industry said to Sake24.
By: Jan de Lange - Sake24 2012-08-12 16:28
- Sake24
This shortfall is owing to Mpumalanga’s shrinking coal reserves, which need urgent supplementation with coal from the Waterberg area, which has 70bn tonnes of shallow coal reserves lying between Lephalale and the Botswana border.
Every year after 2018 the shortfall will assume greater proportions because of Mpumalanga’s shrinking reserves.
By 2040 only five of the 13 coal-fired power stations in Mpumalanga will still have coal.
Transport costs to Mpumalanga will be between R100 and R200/t, which means the coal will cost 50% to 100% more than the R209 that Eskom is currently paying for coal from those mines mostly close to the power stations. Electricity consumers will ultimately bear these costs.
Railway lines are now hurriedly being built to get the Waterberg coal in Mpumalanga, but the only long-term solution is to build more power stations at Medupi and Matimba in the Waterberg area, where half of the country’s remaining coal resources lie. Last month Eskom asked the 15 owners how much coal they can make available for the Mpumalanga power stations.
Exxaro, the only one of the 15 mineral-right owners producing coal, said it was prepared to provide 2m tonnes a year by 2014 and, by 2018, to increase this to 30m or even 40m tonnes, depending on Eskom’s specifications.
Transnet committed itself to improving the carrying capacity of the railway line to 23m tonnes/year by 2016 and eventually to push this up to 80m to accommodate, inter alia, for coal exports from Botswana.
Owners of the 70bn tonnes of coal in the Bushveld are however frustrated and disillusioned by the delay in providing a legal framework for erecting private, independent power stations while the country pays higher prices because of electricity shortages.
The electricity regulation bill and that on independent system operators, which will remove control of the country’s power grid from Eskom so that independent operators can also use it, has been dragging on for three years.
Construction of private coal-fired power stations cannot start before these matters are finalised. It has become increasingly obvious that independent power generators are the key to the country’s energy problems.
There is also enormous frustration in the mining industry because Eskom is buying electricity back from chrome smelters.
This winter this has brought half of the ferrochrome industry to a standstill and resulted in South Africa surrendering considerable market share to China.
“How can Eskom be proud of us getting through winter without power failures while effectively there has been commercialised load-shedding?” a player in the ferrochrome industry said to Sake24.
By: Jan de Lange - Sake24 2012-08-12 16:28
- Sake24
Wednesday, February 9, 2011
NEW DEVELOPMENTS FOR LEPHALALE
Mining group Exxaro is forming a separate company to develop a wide range of projects, including a R7,5bn concentrated solar power (CSP) plant near its Grootegeluk coalmine in Lephalale, Limpopo. The mine, which supplies Eskom’s neighbouring Matimba power station, is being expanded to supply coal to the utility’s new Medupi plant in the area.
Exxaro hopes to commission its 22 MW CSP plant in two phases of 110 MW each by 2014 or 2015, according to Ernst Venter, executive general manager for business growth.
If development of coalbed methane reserves proves viable, Exxaro could also use gas in the CSP plant as a feedstock at times when the sun is not shining. Coupled with storage, this would enable the plant to rival a coal-based power station’s ability to generate round-the-clock electricity.
Exxaro’s main aim is to sell electricity into the national grid, but power from its CSP plant could also be dispatched to its mining operations.
Financial Mail, 15 October 2010
Wednesday, September 1, 2010
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