Murray and Roberts has reported headline earnings per share of 200c for the 6 months ended December 31, 2009, from 302c previously.
The rapid rail link between Sandton and OR Tambo International Airport is likely to be ready in time for the Soccer World Cup in June, Gautrain said.
Gauteng will not pay an extra R1.3 billion to have the first phase of the Gautrain completed before the 2010 World Cup.
The government has paid an extra R288m to fund the Gautrain Rapid Rail Link, due to cost overruns caused by higher than expected inflation.
Avis Rent A Car has admitted that the government’s multi billion-rand public transport projects, the Gautrain and bus rapid transit system, pose a competitive threat to the company.
The proposed tolling of the N1 highway between Pretoria and Johannesburg will have a mixed impact on property values and the prioritisation of growth areas
The cost of the Gautrain Rapid Rail Link has shot up by R300m because of a spike in the country’s inflation in the past couple of years.
Around 150 guests including government and media set off from Midrand on the first trip aboard the rapid-moving Gautrain, whose arrival could transform the transport industry.
Standard Bank has affirmed its confidence in listed property group Hyprop Investments by granting the firm R500m debt that Hyprop plans to invest in completing various upgrades on Canal Walk in Cape Town and Hyde Park Shopping and The Glen Shopping Centre in Johannesburg throughout the year.
Nersa says it has excluded the construction of stadiums for the 2010 World Cup and Gautrain from penalties that are part of the power conservation programme.

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