Building contractors are on site at Paledi Mall in the rural Limpopo town of Mankweng, with construction underway on the 7000m² third phase expansion of the centre that will take it to 32,000m² in size.
Published in Construction Industry
Tuesday, 02 August 2016 10:23

PPC facing mounting pressure

PPC may be seeking alternative underwriters for its R4bn rights issue as the fees charged by local banks are 'prohibitively expensive'.

Published in Construction Industry

Based on data published by Statistics South Africa, building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in the first five months of 2016, with much subdued year-on-year growth in activity levels in May this year.

Published in Construction Industry
Thursday, 30 June 2016 07:28

PPC makes bridging deal with banks

PPC says it has entered into a standby underwriting agreement over its proposed rights offer of R4bn with a syndicate of banks.

Published in Construction Industry
Wednesday, 13 January 2016 10:30

The fall of the Big Five

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

Published in Construction Industry

Building activity with regard to new private sector-financed housing in South Africa saw some improvement in the second quarter of 2015, based on data published by Statistics South Africa.

Published in Construction Industry

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.

Published in Construction Industry

Growth in the planning phase of residential building activity continues, but the construction phase contracts unabatedly.

Published in Construction Industry
Thursday, 27 March 2014 21:52

Repo rate unchanged at 5.5%

The Reserve Bank's Monetary Policy Committee (MPC) has left the repo rate unchanged at 5.5% per annum.

Confidence levels in the construction and building industry rise to 52 points in the first quarter of 2014 from 48 in the fourth quarter of 2013.

Published in Construction Industry
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Murray & Roberts

Murray & Roberts is South Africa’s leading engineering and construction services company. It has delivered infrastructure throughout South and Southern Africa for more than 110 years and is today recognised as an international engineering and construction…