WBHO will mentor three emerging contractors within its SA construction business as part of a settlement deal between the state and seven construction groups.
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 opts to participate in a R1.25bn 'voluntary' settlement agreement between construction companies.
Competition Tribunal is today due to confirm an immunity agreement JSE-listed construction group Aveng struck with the Competition Commission.
Construction groups say they will collectively pay R1.25bn to accelerate transformation in the country's construction sector in settlement of collusion claims in the industry.
Murray & Roberts is exiting infrastructure and building markets in SA as years of stag nation take their toll.
Basil Read is on the lookout for prospects in the rest of the continent as the local construction sector remains subdued.
Construction group Aveng reports a R65m net loss for the year to end-June‚ an eighth of the prior year's R518m loss.