Bank of Lisbon building to be demolished following fatal 2018 fire

South Africa News News

Bank of Lisbon building to be demolished following fatal 2018 fire
South Africa Latest News,South Africa Headlines
  • 📰 News24
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

Bank of Lisbon building to be demolished following fatal 2018 fire | Sesona_Ngqaks

This is after a structural assessment on the building was conducted following the fatal fire that claimed the lives of three people in September 2018.

Masebe said, after the assessment report, various options of remedying the structure were looked at, but it was concluded that it would be in the best interests of the environment where the building was situated, for it to be demolished. "Any other option would have just been too expensive and also too risky for the environment," said Masebe.

The building had been stabilised and the contractor was conducting investigations to determine the best and safest way of demolishing it, Masebe said..ALSO READ:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

News24 /  🏆 4. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of Lisbon building to be demolished after deadly fireBank of Lisbon building to be demolished after deadly fireIt follows a deadly fire in September that claimed the lives of three firefighters who tried to douse the flames.
Read more »

Johannesburg's deadly Bank of Lisbon building to be demolishedJohannesburg's deadly Bank of Lisbon building to be demolished'Having considered the assessment report and available options to remedy the structural damage ... the Bank of Lisbon Building has to be demolished.'
Read more »

Standard Bank says it needs to pump R1.1bn into ICBC ventureStandard Bank says it needs to pump R1.1bn into ICBC ventureICBC Standard Bank made a loss in 2018 because of declining emerging-market risk appetite
Read more »

WATCH: Live webcast of Standard Bank Group resultsWATCH: Live webcast of Standard Bank Group resultsSPONSORED | Coming up tomorrow at 10am on BusinessLIVE: a live webcast of Standard Bank Group results for the 2018 financial year. Tune in at
Read more »

Nothing sinister about nationalising Reserve Bank, says Cyril RamaphosaNothing sinister about nationalising Reserve Bank, says Cyril RamaphosaThe president says changing the central bank’s ownership will not necessarily affect its independence
Read more »

Leaderless AIC has only R3000 in the bankLeaderless AIC has only R3000 in the bankNewsletter The African Independent Congress (AIC) is going into the election campaign with just R3 000 in the bank and without a leadership structure – following a high court ruling that dissolved its national executive
Read more »

Ramaphosa vows external Reserve Bank shareholding will be phased out | IOL NewsRamaphosa vows external Reserve Bank shareholding will be phased out | IOL NewsThe government will implement the ANC's decision to do away with external shareholding in SARB, President Cyril Ramaphosa said. RamaphosaQandA
Read more »

WATCH: Standard Bank posts leaner annual earnings growthWATCH: Standard Bank posts leaner annual earnings growthStandard Bank CEO Sim Tshabalala talks to Business Day TV about the company's full-year earnings and what it suggests for growth
Read more »

Ramaphosa to MPs: We will nationalise the Reserve Bank | News | Politics | M&GRamaphosa to MPs: We will nationalise the Reserve Bank | News | Politics | M&GSpeaking during his final question and answer session for the fifth Parliamentary term before elections, Cyril Ramaphosa said the ANC’s Nasrec conference resolution to nationalise the South African Reserve Bank (SARB) must be implemented.
Read more »

Sirleaf's son arrested after probe at Liberia central bankSirleaf's son arrested after probe at Liberia central bankThey were detained just hours after independent US investigators dismissed rumours that a haul of newly-printed cash that should have been put in the national reserves had gone missing.
Read more »



Render Time: 2025-02-25 11:34:52