While the residential and nonresidential construction market is heading for slow growth this year because of higher interest rates, the civil construction sector is expected to grow 33%. Local construction…
Posted On
Wednesday, 12 March 2008 02:00
Published by eProperty News
South African construction and building group Stefanutti & Bressan said on Tuesday that it has agreed to proceed with a transaction to acquire the entire issued share capital of construction…
Posted On
Tuesday, 11 March 2008 02:00
Published by eProperty News
State-owned power utility on Wednesday moved to clear the confusion it had created, confirming that it would delay new projects requiring more than 100 kVA for up to six months
The Nelson Mandela Bay municipality is confident that the 2010 World Cup multipurpose stadium will get the thumbs-up at next week‘s 2010 local organising committee meeting in Johannesburg
As expected, in Finance Minister Trevor Manuel’s budget, an enormous amount of money is to be spent on infrastructure. As I mentioned yesterday, there’s no shortage of money to help…
Posted On
Friday, 22 February 2008 02:00
Published by eProperty News
Despite rand weakness, inflation moving upwards and SA’s electricity crunch, the government will forge ahead with its infrastructure development programme
ALTX-listed Brikor has acquired the Zululand Quarries Group for a cash price of R102 million. The deal was signed last week and the effective transaction date, which included the acquisition…
Posted On
Wednesday, 20 February 2008 02:00
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Construction company Group Five said yesterday it would continue to focus on margin improvement, increasing real returns and cash generation by picking contracts carefully and monitoring risk closely as it…
Posted On
Tuesday, 19 February 2008 02:00
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South African construction group Group Five on Monday reported a 45% rise in fully diluted headline earnings per share to 145c for the six months ended December from 100c a…
Posted On
Monday, 18 February 2008 02:00
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The building industry has done little to help solve its own skills shortage over the past year, the Gauteng Master Builders Association (GMBA) said on Thursday. What the industry needed…
Posted On
Friday, 15 February 2008 02:00
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AFFORDABLE bulk building materials supplier Hardware Warehouse, which listed on AltX in September, yesterday reported a 73,5% increase in revenue to R103m for the six months to December. CEO Shaun…
Posted On
Thursday, 14 February 2008 02:00
Published by eProperty News
The moving annual total of cement sales in South Africa increased 5.8% year-on-year (y/y) in January 2008 from the 7.4% y/y increase reported in December, according to Cement and Concrete…
Posted On
Tuesday, 12 February 2008 02:00
Published by eProperty News
Construction group expects earnings and headline earnings per share for the interim period to December to be between 40% and 50% higher than the same period a year ago
It’s been just over a year since Afrimat, a supplier of building and construction materials throughout Southern Africa, listed on the JSE. The success of the listing marked a pinnacle…
Posted On
Friday, 01 February 2008 02:00
Published by eProperty News
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