Afrimat reports a 25.3% rise in HEPS to 95.2c in the six months to August from the year-earlier period.

Minerals and construction supplier group Afrimat says that African Rainbow Capital has offered to buy 18.26% of its shares from the black economic partner.

As investors and analysts, we love to group together industry leaders.

Afrimat reports a 24.4% increase in first-half headline earnings per share.

Afrimat concludes agreement to acquire of 100% of the issued ordinary shares of Cape Lime Proprietary Limited for R276 million.

Afrimat has seen a 391% rally in its share price since November 2010, against a construction sector that has shed a quarter of its value.

Werksmans Attorneys director Paul Coetser says the Construction Fast Track Settlement Process has worked well.

The Competition Commission has reached a settlement with 15 construction firms, who have agreed to pay fines to the tune of R1.46 billion for collusive tendering.

Building projects in the Coega Industrial Development Zone (IDZ) have injected over R1.2bn into the Nelson Mandela Bay construction industry over the past two quarters.

The building of the R120m Nkosi Dalibhunga Mandela Legacy Bridge outside Butterworth in the Eastern Cape is on schedule and will officially be opened on May 10 to commemorate the day Nelson Mandela was inaugurated as President.