The Consulting Engineers South Africa (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2016, just released indicates that times remain tough.
Investec says the real value of total building plans passed con tracted for the fourth consecutive month in August.
Calgro M3, which develops affordable housing with the government, sees group revenue rise 25.7% to R720m in the interim period to August.
Consulting Engineers South Africa (CESA) will be hosting its Annual Infrastructure Indaba, a tripartite alliance between the 3Cs (Consulting Engineers, Contractors and Clients), all working together to improve the quality of services, our industry has to offer.
Henry Laas, Murray & Roberts Group Chief Executive, comments: “The decision to dispose of the Infrastructure & Building businesses, supports the Group’s long-term strategy to focus its business on the global natural resources markets, and follows an extended period of careful planning and consideration.
Building activity in the South African market for new housing showed some divergent trends in the first half of 2016.
Royal HaskoningDHV reports a strongly improved profitability in H1 2016. The company realized an organic growth of 2%, however currency effects led to a decrease in operating income. Recurring operating margin is moving in the right direction at 3.6%.
While keeping the lights on, power utility Eskom has increased its full year profit to R4.6 billion.
The brand new Khayelitsha Shared Services Centre, commissioned by the Department of Transport and Public Works for the provincial departments of agriculture, education, social development and health, is expected to be fully occupied by the end of May.