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.
Competition Tribunal is today due to confirm an immunity agreement JSE-listed construction group Aveng struck with the Competition Commission.
Murray & Roberts opts to participate in a R1.25bn 'voluntary' settlement agreement between construction companies.
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.
Basil Read is on the lookout for prospects in the rest of the continent as the local construction sector remains subdued.
The collapsed pedestrian bridge on the M1 highway in Sandton is an unfortunate metaphor of what the sector is going through at present.
Business updates by construction firms show their order books have generally bulked up or remained stable.
Construction has begun on the R24-billion Savanna City lifestyle housing development situated near Orange Farm, 35km outside of Johannesburg.
Construction firm Basil Read says it has been awarded a contract to design, build, operate and transfer an airport on the Island of St Helena.
Civil engineering group Basil Read on Tuesday advised that it is currently in discussions regarding a possible Black Economic Empowerment transaction
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