Concor’s new group CEO Lucas Tseki is confident South Africa’s construction sector is turning the corner, provided there is no further delay in the adjudication and awarding of large infrastructure contracts by government agencies.
Working to exact measurements, a fast-track construction programme, unprecedented rainfall, operating within 100 metres of a premier Sandton Hotel and having two tight site boundaries are a few of the challenges faced by leading building contractor, Murray & Roberts Buildings, on its contract at 135 West Street in the heart of Sandton.
Bantry Bay’s moniker as the ‘Monaco of Africa’ is no longer a stretch of the imagination, and even less so now that Murray & Roberts Western Cape is making good progress with the Aurum luxury lifestyle development by extensively revamping the old Ambassador Hotel and Suites.
WBHO will mentor three emerging contractors within its SA construction business as part of a settlement deal between the state and seven construction groups.
Murray & Roberts's share price jumps as much as 18% to R12.87 as it announces the Gauteng provincial government agrees to pay nearly R1.3bn in disputed Gautrain bills.
Murray & Roberts, the Bombela Concession Company and the Gauteng provincial government settle all Gautrain development disputes, says group.
Government’s settlement agreement with seven major construction companies to fast track transformation in the industry is being held up.
Country's biggest metros are mulling civil suits against construction companies accused of colluding during the construction of stadiums in the build-up to the 2010 World Cup.
Murray & Roberts and Southern Palace Group today announced the purchase of the Murray & Roberts Southern African Infrastructure & Building (“I&B”) businesses, by a consortium led by the Southern Palace Group of Companies (Proprietary) Limited (“Southern Palace”).