Fitch Ratings has affirmed construction group Aveng Limited's National ratings at Long-term A and Short-term F1

Aveng says that results from its cement, steel and manufacturing businesses for the first quarter of the 2006 financial year were slightly ahead of expectations

Listed construction, steel and cement group is on a path to recovery from the disappointing performance last year of its key construction businesses

Providing a third quarter trading update, Aveng says it still expects its year headline earnings per share to be between 40% and 60% higher

AVENG, SA's largest construction group, warned yesterday that if government failed to award the construction contract for the Gautrain high-speed rail link by next month, it would be "very difficult" to meet the 2010 deadline it has set.

One of the biggest problems facing the South African construction industry is a 'massive' shortage of labour skills

Order books of construction contractors could become useless as a measure of business health in this sector with the apparent rise in the number of contracts gone wrong.

Aveng CEO Carl Grim says he expects an upswing in government capital expenditure before the end of this year as SA gears up for the 2010 Soccer World Cup

SA engineering and construction conglomerate Aveng reports a 55% rise in interim headline earnings per share to 34 cents in 2004

Construction group reports dismal results