Cosatu says it has received a case number from the Hawks for the criminal charges it laid against 15 construction companies recently fined R1.46bn by the competition authorities.
Government's major infrastructure programme is likely to be better co-ordinated and to take place over a longer time frame than projects before the 2010 World Cup, says Group Five CEO Mike Upton.
Group Five intends becoming a 'diversified infrastructure company' rather than a pure construction contractor.
Basil Read has been one of the worst-performing construction stocks so far in 2013‚ losing about 18% since January‚ after a string of weak results.
Tile Direct Burgersfort is proud to be associated with the Tubatse Crossing Regional Shopping Mall in Limpopo for which it supplied polished porcelain tiles and various materials.
The Aveng Group is pleased to announce the appointment of Chris Botha as Managing Director of Aveng Grinaker-LTA with effect from 2January 2014.
Murray & Roberts, Group Five and Basil Read have all shown a return to profitability and growth in their order books for the year ahead.
Group Five says its 'corrective actions' in the last financial year have set it on course for a stronger year in financial 2014.
Group Five reports an 88% rise in fully diluted headline earnings per share from continuing operations to 333c for the year ended June 2013‚ from 177c a year earlier.