JSE-listed construction group Aveng has elected to change its reporting currency from the rand to the Australian dollar, effective from the six months ended December 31, 2023. With Aveng having... 

Efforts are being made to return Medupi Unit 4 to service by the end of July 2024. 

Following delays and setbacks in recent years, roads parastatal South African National Roads Agency Limited (Sanral) restarted works last year on the Mtentu and Msikaba megabridges, in the Eastern... 

Following delays and setbacks in recent years, roads parastatal South African National Roads Agency Limited (Sanral) restarted works last year on the Mtentu and Msikaba megabridges, in the Eastern... 

The locus of JSE-listed construction group Aveng is set to shift to Australia following the appointment of Scott Cummins, who currently leads McConnell Dowell, to succeed Sean Flanagan as CEO, as... 

JSE-listed paper and packaging manufacturer Sappi has announced that nonexecutive director Nkululeko Sowazi will succeed Sir Nigel Rudd as independent chairperson, with from February 8 next year.... 

Electricity Minister Kgosientsho Ramokgopa has said that the country will receive a significant boost in 2024 with the earlier-than-expected return to service of Medupi Unit 4. 

The South African National Roads Agency Limited announced the restart of construction work on the Mtentu bridge contract in August 2023. 

The South African National Roads Agency Limited (Sanral) has announced the restart of construction work on the R4.05-billion Mtentu Bridge contract, in the Eastern Cape. The Aveng Strabag joint... 

Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the... 

Work on the Mtentu bridge has started. 

The South African National Roads Agency Limited (Sanral) has announced the restart of construction work on the R4.05-billion Mtentu Bridge contract, in the Eastern Cape. The Aveng Strabag joint... 

JSE-listed Aveng expects to report a loss a share and a headline loss a share for the financial year ended June 30, compared with earnings a share of 106c and headline earnings a share of 252c... 

Skills building programme TechnoGirl Trust is partnering with local mining companies to provide mentorship and other opportunities for young women interested in pursuing careers in the arenas of... 

Infrastructure and resources company Aveng has completed the disposal of steel solutions company Trident Steel for R1.22-billion. "Post the closing of the sale of Trident, Aveng’s South African... 

A heartfelt pledge by Grade 11 pupils to make full use of their new smart learning devices has inspired the sponsor, the automotive catalyst business unit of materials technology company Umicore,... 

Infrastructure and resources company Aveng's share price on the JSE fell by more than 28% on April 13 after it announced that the underperforming Batangas liquefied natural gas (BLNG) terminal... 

JSE-listed Aveng remains on track to settle the remaining R353-million of its South African legacy debt this year, CEO Sean Flanagan said on February 21. At its height in 2018, this debt amounted... 

JSE-listed Aveng expects to report a 13% to 17% year-on-year drop in earnings for the six months ended December 31. In conjunction with the softer operating earnings and flat earnings for period,... 

The Competition Commission has approved the proposed transaction whereby steel maker Trident Steel subsidiary Trident Steel Africa (TSA) intends to acquire Aveng subsidiary Aveng Trident Steel... 

Contract mining firm Moolmans, which is a subsidiary of JSE-listed Aveng, has entered into a new five-year contract, valued at about R7-billion, with its long-standing client and South African... 

JSE-listed Aveng’s Australasia-based subsidiary McConnell Dowell has increased its work in hand as at September 30 by 39%, to $3.5-billion (about R40-billion), after successfully securing... 

JSE-listed Aveng has entered into an agreement to sell Trident Steel as a going concern for R700-million, following what it acknowledges to have been a “protracted and difficult” disposal process... 

JSE-listed Aveng says improved revenues, gross margins and operating earnings, combined with strong cash generation, were underpinned by a stronger capital base in the financial year ended June 30.... 

Construction company Aveng’s subsidiary McConnell Dowell has been awarded a A$600-million contract to deliver Tasmania’s largest-ever transport infrastructure project – the New Bridgewater bridge.... 

 JSE-listed construction engineering group Aveng says it has reached settlement on and received payment of R282-million for a long-outstanding claim, which was previously disclosed in its December... 

Eskom’s actions to rectify major boiler defects at its newly built Medupi and Kusile power stations are improving the plants’ energy availability factor. 

Infrastructure and contract mining group Aveng is in advanced-stage negotiations with a credible buyer for its Trident Steel business – a division of Aveng Africa – as a going concern. The... 

The African Development Bank has said that Medupi will never make a profit because of delays, design defects and increasing opposition to coal-fired electricity generation. 

Eskom has reported that it has implemented repairs and fixes to generation units 1 to 3 at the Medupi power station. 

The cancellation of R17.47-billion in tenders by the South African National Roads Agency Limited (Sanral), will lead to major delays in the execution of these projects, warns Concor CEO Lucas... 

JSE-listed Stefanutti Stocks says it has reached an agreement with the City of Cape Town regarding a civil claim against it, as well as fellow contractors WBHO Construction and Aveng Africa, in... 

JSE-listed infrastructure and contract mining group Aveng has reaffirmed its plans to seek an international listing and also confirmed on Tuesday that it had narrowed its offshore listing focuses... 

JSE-listed construction group Aveng has warned that its basic earnings and headline earnings for the six months ended December 31, will be about 85% lower year-on-year. The group expects to report... 

JSE-listed construction group Aveng has grown its order book to R29.1-billion as at December 31. This includes A$1.1-billion worth of work won by its Australia-focused subsidiary McConnell Dowell.  

Bernard Swanepoel has been appointed an independent nonexecutive director of construction and engineering group Aveng’s board, with effect from October 20. He has also been appointed to the risk... 

With over 15 years’ experience in supplying drilling tools and drill rigs to mining operations in Southern Africa, Beowolf Mining is widely recognised as one of the top suppliers of rock drilling... 

President Cyril Ramaphosa has urged communities to support the development of the N2 Wild Coast toll road (N2WCTR) project, which includes two mega bridges, stating that stoppages are... 

Construction and engineering group Aveng has finalised the disposal of the Automation & Control Solutions business to a consortium of private investors for R70-million. Aveng received an initial... 

Infrastructure and contract mining group Aveng reported headline earnings of R751-million for the year to June 30, 2021, the company’s first positive headline earnings performance since June 2014.... 

This Women’s Month, we celebrate Yolandi Jonker, Business Development Executive at RIB CCS, as she talks about her successful and enriching journey in the predominantly male-dominated industry of... 

Eskom confirmed on August 9 that an explosion at the Medupi power station's Unit 4 generator had resulted in extensive damage to the generator.