Aveng’s share price jumps 13.6% to R4.60 after the construction group says its headline loss have halved in its past financial year.

Aveng has concluded the sale of the majority of its South African properties to Imbali Props 21 Proprietary Limited (“Imbali Props 21”), a commercial property development and investment company within the Collins Property Group, for R1.127 billion.

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

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