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

Pep Namibia to be delisted

Firm's goal is to diversify outside SA

Johannesburg - Nedbank had increased its stake in the Commercial Bank of Namibia for R229 million, the retail banking arm of Nedcor said yesterday.

Impetus driving the December deadline is next year's US presidential elections after Bush's first term

Pretoria - The Southern African Customs Union (Sacu) and the US started talks on a free trade agreement here yesterday, saying the accord could be finalised within 18 months.

Grayprop interim results for the six months which ended on March 2003 were in line with expectation, showing no growth from the same 15c declared for the same period last year, according to the latest Provest property roundup.

Twenty-three submissions have been received for this year's Fulton Awards, presented every two years by the Concrete Society of Southern Africa (CSSA) for "excellence in the use of concrete" on the African sub-continent.

The entries will be judged in five categories: civil engineering projects, building projects, unique design aspects, construction techniques, and aesthetic appeal. The judges are the presidents of the South African Institution of Civil Engineering, the South African Institute of Architects, and the CSSA.

SA BUSINESSMEN appear unhappy that the other Southern African Customs Union (Sacu) countries Botswana, Lesotho, Namibia and Swaziland are joining SA in free trade negotiations with the US, South American members of Mercosur, India and Nigeria, among others.