Basil Read BEE betrayed?
Basil Read's BEE partner Metallon is trading out of shares that were acquired from Bouygues Travaux Publics. After funding costs it's likely Mzi Khumalo will walk away with R40-million.
High-risk deal may be rewarding
Ailing construction group Basil Read has announced that its French-based parent company, Bouygues Travaux Publics, will sell 51% of Basil Read to an empowerment consortium.
Majority stake in Basil Read for black group
Construction group's major shareholder has agreed to sell almost 52% of the group to a black consortium
Basil Read leaves high-stakes table
New CEO Heyns has dropped strategy of chasing big, risky projects in Africa
Basil Read reels as four directors quit
Four directors of construction group have resigned, amplifying signals that the company is in trouble
Basil Read trading statement points to full-year loss
Construction company is heading for a loss in its fullyear results if the group's latest trading statement is to be believed
Basil Read disposes of Namibian company
Basil Read Holdings' board has agreed to sell Basil Read Civils Namibia to the company's controlling shareholder Bouygues Travaux Publics for a nominal amount
Basil Read's shares fall on warning of earnings drop
CONSTRUCTION group Basil Read's share price fell about 10%
Rail project remains controversial
Shilowa says study is not about the link's existence, but its impact
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