Listed civil engineering and construction group Esorfranki's name change to Esor becomes effective today.
South African construction firms are are well placed to compete for mining and energy contracts in Africa, says Global Credit Rating.
Esorfranki is set to undergo a makeover in the next three weeks, when the company will operate under a new name.
Business updates by construction firms show their order books have generally bulked up or remained stable.
Esorfranki says three loss-making contracts in its civils division have contributed to the slide in its interim headline profit
Listed civil engineering and construction group Esorfranki on Wednesday announced the sale for R500m of its geotechnical division — the group’s core founding business and only division operating in the rest of Africa