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.
The R870 million Houghton Hotel has awarded the final construction contract to Stefanutti Stocks.
Construction firm Murray & Roberts is slapped with another multimillion-rand fine for involvement in collusive tendering in the buildup to the 2010 Fifa World Cup.
Growthpoint Properties’ R150 million Greenfield Industrial Park Development will introduce a quality, modern industrial park on a prime 3.4 hectare site in Airport Industria, near Cape Town International Airport.
Business updates by construction firms show their order books have generally bulked up or remained stable.
Construction group informed the market 18 months ago of its intention to sell shares to boost liquidity
Stefanutti Stocks Holdings is to acquire the entire issued share capital of Cycad Pipelines and its related property holding companies.
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