The South African Competition Commission has referred a supplier of the main ingredient in bricks used in the construction of affordable housing to the Competition Tribunal for charging excessive prices.
The Competition Commission has referred a supplier of the main ingredient in RDP bricks to the Competition Tribunal for charging excessive prices.
Government’s settlement agreement with seven major construction companies to fast track transformation in the industry is being held up.
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.
Construction major Stefanutti Stocks sees slide revenue and total profit fall in the turbulent African and Middle Eastern construction and engineering markets.
The 7.7% increase in cement sales volumes in 2015 to 13-million tons after a 0.8% drop in 2014 suggests a booming construction sector.
Transaction agreements have been signed for the black-owned Masimong Group – which is led by SA Chamber of Mines president Mike Teke – to acquire a 51% interest in the Liviero Group, South Africa’s largest privately owned construction, civil engineering and contract mining business, for an undisclosed sum.
Three construction companies are to appear before the Competition Tribunal today, facing arguments in price fixing in the build-up to the 2010 World Cup.