Sharp drop-off in construction activity in SA after the 2010 Soccer World Cup has seen the value of projects in Aveng's Australasia and Asia segment rise to four times that of its home market.

Published in Construction Industry
Thursday, 27 February 2014 11:02

Aveng H1 HEPS down 21% to 82.1c

Aveng reports a 21% decline in headline earnings per share to 82.1c for the six months ended December 2014 from 104.5c a year ago.

WBHO sees its revenue rise 11.3% in the 6 months ended December.

Published in Construction Industry
Monday, 24 February 2014 14:35

PPC looks to seal big Africa deals

PPC CEO Ketso Gordhan says the group's management is looking at concluding one or two big deals in Africa in a bid to double earnings by 2018.

Published in Construction Industry
Friday, 21 February 2014 18:35

PPC CEO takes R1m pay cut

PPC CEO Ketso Gordhan takes a R1m pay cut and his top 60 managers' remuneration is frozen in order to hike the wages of the cement maker's 1,200 lowest earners.

Published in Construction Industry

The Steel and Engineering Industries Federation of South Africa (Seifsa) has approved amendments to its memorandum of incorporation to broaden its reach beyond South Africa's borders.

Published in Construction Industry

In his recent State of the Nation Address, president Jacob Zuma said, "In 2012 we unveiled the National Infrastructure Plan, led by the President through the Presidential Infrastructure Coordinating Commission.

Published in Construction Industry

Group Five achieves an 'improved' six months ended December, as revenue growth is bolstered by energy sector and buildings work,according to CEO Mike Upton.

Published in Construction Industry

Having highlighted Africa as a primary focus, the Royal Institution of Chartered Surveyors’ (RICS) global President Elect, Louise Brooke-Smith is currently visiting South Africa (February 2014) and Ghana.

Group Five reports a 40.7% rise in headline earnings per share to 204c for the six months ended December 2013 from 145c a year earlier

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