Wednesday, 11 August 2010 02:00

Aveng settles cartel case with R21m fine

The Competition Commission has entered into a settlement agreement with Aveng, trading as Duraset in which it admits that it took part in the mining roof bolts cartel.

Published in Construction Industry

Credit Suisse Standard Securities has explored the notion of a potential future alliance between China based construction players and Murray & Roberts.

Published in Construction Industry
Thursday, 24 June 2010 02:00

Murray and Roberts expects lower earnings

Murray & Roberts Holdings said that it expects diluted headline earnings per share and diluted earnings per share for the year ending June 30, 2010 to be 50% to 55% lower.

Published in Construction Industry
Thursday, 27 May 2010 02:00

Esorfranki underlines R1.6bn order book

Esorfranki has pointed to an approved capital expenditure of R72m for the 2011 financial year to accommodate future growth 'and to maintain its competitive edge.

Published in Construction Industry

Aveng has announced that it has signed a 10 year operations and maintenance contract to run Areva's Trekkopje desalination plant in Namibia.

Published in Construction Industry
Thursday, 25 February 2010 02:00

Murray and Roberts earnings 200c vs 302c

Murray and Roberts has reported headline earnings per share of 200c for the 6 months ended December 31, 2009, from 302c previously.

Published in Construction Industry

Construction group Aveng said its two-year order book had increased to R31,3bn at the end of last month compared with R30,4bn in June.

Published in Construction Industry
Friday, 18 September 2009 02:00

Aveng costs and competition

Aveng faced a collusion probe earlier this year, now it is cited as one of the accused in a further competition commission probe into the construction industry.

Published in Construction Industry
Thursday, 03 September 2009 02:00

Murray and Roberts denies collusion allegations

Murray & Roberts Holdings to clarify its position after having been listed by the Competition Commission as one of the participant in alleged collusion in the construction industry.

Published in Construction Industry
Wednesday, 11 March 2009 02:00

Aveng eanings up 43%

Aveng has reported a 43% increase in headline earnings per share to 244.4 cents for the six months ended December 2008 from 171.4 cents a year ago.

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…