Nov 01, 2007
Steel and aluminium supplier to make AltX debutBack
© Reuse this
The Mazor group, a supplier of steel and aluminium products in the Western Cape, plans to list on the JSE's AltX bourse in late November to pave the way for the company to expand its national footprint.
Mazor said that he was mindful of the need to improve the company's black economic-empowerment (BEE) platform to support growth.
"We have strict criteria for a BEE partner with regard to the ability to add value strategically for the group going forward. We will look to introduce a relevant partner when the timing is appropriate in light of the group's overall growth strategy and are positive the listing will enhance Mazor’s profile to attract such a partner at group level."
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Metals News
Article contains comments
Updated 17 minutes ago Retail group Edcon has appointed Bernard Brookes as CEO and a member of the board, effective September 30, to succeed departing group head Jurgen Schreiber, who would remain on the board as vice-chairperson to ensure a smooth transition. Offering an extensive 35-year...
Updated 1 hour 51 minutes ago The Property Valuation Act – which would see an independent statutory body determining the purchase price of land sought by the State for expropriation – comes into effect on Saturday, August 1, President Jacob Zuma’s office said on Wednesday. “The Act aims to,...
Updated 1 hour 56 minutes ago PRASA's head of engineering services Daniel Mthimkhulu appeared in the Johannesburg Magistrate's court on Wednesday on a charge of fraud and uttering relating to his qualification, the National Prosecuting Authority in Gauteng said. Uttering is the crime of using a...
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Real Economy Insight: Construction 2015 (PDF Report)
Real Economy Insight: Electricity 2015 (PDF Report)
Real Economy Insight: Road and Rail 2015 (PDF Report)
This Week's Magazine
Meyerton-based steel tank manufacturer Structa Technology is currently rolling out a water infrastructure build programme that supports local municipalities, water utilities, schools, hospitals and clinics.
Alternative funding models could be expected to begin coming to the fore in South Africa’s renewable-energy sector as the market becomes more competitive and domestic development finance institutions (DFIs) begin scaling back their direct involvement in projects....
An innovation champion course that trains executives to manage innovation in their organisations aims to help companies grow revenue streams and tap new markets, says business change management consultancy BMGI South Africa innovation practice lead Dimitri...
Future digital workplaces will require employees to continuously learn new “literacies”, including new media, information and technical skills, to help their company thrive and spur personal growth. Information technology (IT) research firm Gartner, thus, suggests...
Only 25% of large construction projects surveyed in KPMG’s Global Construction Project Owner’s Survey, released in June, were concluded on time and within budget over the last three years. “Every project owner wants predictability when it comes to large projects, and...