Investec says the real value of total building plans passed con tracted for the fourth consecutive month in August.
Construction of PPC's cement plant in Zimbabwe remains on track for completion in 2016, the company's CEO says.
“Given the deterioration in the inflation outlook, the MPC [Monetary Policy Committee] decided to increase the repurchase rate by 50 basis points to 6.75 % annum, effective from 29 January 2016,” Governor Lesetja Kganyago said.
The six months to 31 August 2015 saw Calgro M3 continue its strong performance as headline earnings per share rose 29.98% to 66.25 cents, profit after tax increased to R84.2 million and earnings per share rose 18.52% to 66.25 cents.
The South African Reserve Bank’s Monetary Policy Committee (MPC) raised the key monetary policy interest rate – the repurchase, or repo rate – by 25 basis points from 5,75% to 6% per annum.
Consolidated Infrastructure Group‚ formerly Buildworks Group announces diluted HEPS of 87.7c for the six months ended February 2014 from 58.1c from the year-earlier period.