AltX listed, Brikor Limited a manufacturer and supplier of building and construction materials which also mines clay and coal through its wholly owned subsidiary Ilangabi Investments 12 was in provisional liquidation just four years ago.

Hybrid property developer and construction company Calgro M3, now bigger than Aveng, continues to shine in an industry few investors are willing to bet their money on.

South Africa's construction industry is not out of the woods yet, despite data pointing to an upward trend.

Monday, 09 December 2013 21:47

Construction sector set to turn corner

Business updates by construction firms show their order books have generally bulked up or remained stable.

To commemorate Arbour Month, Liberty Properties and Aveng Grinaker-LTA have teamed up in a venture that seeks to improve the health and aesthetics of several schools across South Africa. 

South Africa’s largest investor, the Public Investment Corporation (PIC), says construction firms recently fined R1.46bn for colluding to fix tenders for soccer stadiums, roads and other major projects, should claw back bonuses from the crooked executives who fixed the projects.

Wednesday, 12 June 2013 08:35

Looking abroad pays off for building firms

Engineering and construction company Aveng Group has shown that the best way to make headway in the industry is to diversify geographically.

South African construction companies wait with baited breath for government to get a move on with its many promised infrastructure projects

Sunday, 17 February 2013 14:40

Another hard year for construction industry

Despite predictions that 2013 will restore some of the local construction sector’s profitability, the situation is as precarious as ever.

Friday, 23 March 2012 02:00

Aveng earnings plummeted by 34% to 70,6c

Headline earnings per share at Aveng plummeted by 34% to 70,6c in the six months to December, despite a revenue increase of 13,4% to R19,1bn.

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