R/€ = 14.15
R/$ = 10.32
Au 1230.27 $/oz
Pt 1359.50 $/oz
Mar 25, 2013
Construction giant Murray & Roberts on Monday announced that its Australian subsidiary Clough has sold its shares in ASX-listed multidisciplinary engineering, procurement and construction group Forge for A$187-million. The engineering and project services contractor...
Apr 05, 2012
The project will see what is expected to be the construction of the third-largest mosque in the world.
Dec 09, 2011
Insulation, scaffolding and industrial coatings company Kaefer South Africa, through its subsidiary Kaefer Energy Projects (KEP), achieved a significant milestone by clocking up 500 000 work hours without a lost time injury (LTI) at Eskom’s Medupi power station...
Aug 08, 2011
South African construction giant Murray & Roberts (M&R) said on Monday that its Australian subsidiary Clough would sell its offshore marine construction business to Malaysian firm SapuraCrest Petroleum Berhad for A$127-million. Clough’s net asset of its marine...
Oct 08, 2010
Civil engineering and construction group Basil Read CEO Marius Heyns tells Engineering News that the construction giant has played a key role in developing Gauteng's freeways through the Gauteng Freeway Improvement Project (GFIP), which has contributed to growing...
Oct 01, 2010
The South African unit of US engineering and construction giant Flour Corporation marked its fiftieth anniversary in South Africa last month, with global CEO Alan Boeckmann expressing optimism about prospects for the business in South Africa, as well as the broader...
Sep 10, 2010
Public-private partnerships (PPPs), initiated between governments, could offer some new opportunities for construction giant Murray & Roberts in the next decade.
Aug 26, 2010
Public-private partnerships (PPPs), initiated between governments, could offer some new opportunities for construction giant Murray & Roberts in the next decade. CE Brian Bruce said projects of this type – where “sovereign engagement” created PPPs – could...
Jul 30, 2010
Jul 23, 2010
Jul 23, 2010
May 20, 2010
Nov 06, 2009
Some disputes have arisen on variations to construction work on the R25,4-billion Gautrain project between the Gauteng government’s Gautrain Management Agency (GMA) and the Bombela consortium, responsible for building the rapid-rail link.
Aug 14, 2009
Erectors of structural steel design, detailing, fabrication and erection provider DSE Steel MD Kobus Marais says that the current economic downturn has given the company impetus to diversify and to focus its business in different industries. This is after the company...
Aug 14, 2009
A tensile tester, manufactured by material testing instrumentation manufacturer Galdabini, has been sold to Cape Town Iron & Steel Works (Cisco) for use in a minimill that melts recycled steel and produces reinforcing bars for the construction industry.
May 29, 2009
As the Middle Eastern construction market falters and South African construction companies pull their resources back home, margins are increasingly coming under pressure as competition escalates.
May 19, 2009
As the Middle Eastern construction market faltered and South African construction companies pulled their resources back home, margins were coming under pressure as competition increased. However, this pressure was not severe, said Sanyati CEO Malcolm Lobban on...
Mar 27, 2009
JSE-listed construction company Aveng is focusing on growing its construction margin, says CEO Roger Jardine.
Jan 21, 2009
South African construction giant Group Five on Wednesday reported that one of its projects in the Middle East worth some R654-million was suspended, and another contract in the Middle East, worth R3,3-billion has been cancelled. The company assured shareholders that...
Apr 09, 2008
The biggest gap in the construction skills value chain was that of skilled artisans, construction giant Group Five's executives said on Wednesday. Group Five HR director Junaid Allie said that the company continued to source skills from the local market, but...
Mar 28, 2008
Construction giant Group Five is making progress on a R165-million contract for Johannesburg Water for a 50-million liters a day extension to Johannesburg city’s biggest plant, Northern Waste Water Treatment Works (NWWTW).
Nov 30, 2007
Construction giant Murray & Roberts reported that its diluted headline earnings a share for the six months to December 31, 2007, and the financial year to June 30, 2008, were expected to be between 40% and 50% higher than the 135c and 325c a share, respectively,...
Nov 30, 2007
The mechanical and electrical business unit of construction giant Grinaker-LTA, which also incorporates structural steel fabrication subsidiary DSE, is positioning itself to capitalise on the anticipated growth in the power generation industry in South Africa, says...
Oct 30, 2007
Construction giant Murray & Roberts' (M&R's) project order book was "stable" at R22-billion on September 30, the company said on Tuesday.
Oct 17, 2007
The JSE has approved the listing of a maximum of about 87,6-million shares, with an average value of R0,0014 c each, in the share capital of accommodation solutions company Kwikspace.
Oct 12, 2007
Bulelani Ngcuka was not the first, and he certainly won’t be the last to make the transition from public office to the boardroom.
Oct 12, 2007
There is life after politics and public service. Ask Penuell Maduna. Or Sipho Pityana. Cyril Ramaphosa. Saki Macozoma. Reuel Khoza.
Sep 21, 2007
Senior researcher at the Council for Scientific and Industrial Research (CSIR) Dr Sidney Parsons, was named the winner of the 2007 JD Roberts Award at a function held during August this year. The award was made to Parsons in recognition of his groundbreaking research...
Aug 27, 2007
The minerals and metals unit of Aim-listed project house Bateman Engineering was continuing to experience strong demand for its products and services despite a recent softening in key commodity prices, with the newly appointed head of the division, Eddie du Rand,...
Jul 27, 2007
Construction giant Murray & Roberts (M&R) said earlier this month that shareholders were set to continue to benefit strongly from the construction boom, as it expected to announce an increase in headline earnings a share of between 90% and 100% for the year...
Jul 12, 2007
Construction giant Murray & Roberts (M&R) said on Thursday that shareholders were set to continue to benefit strongly from the construction boom, as it expected to announce an increase in headline earnings a share of between 90% and 100% for the year ended...
Jun 29, 2007
The Gautrain rapid-rail project is one of the most complicated transport endeavours ever undertaken, within South Africa. An intricate combination of civil engineering and electrical and mechanical work is being undertaken, to create South Africa�s first rapid-rail...
Feb 19, 2007
The Competition Tribunal, South Africa's highest competition authority, had approved Group Five's proposed acquisition of quarrying and readimix firm Quarry Cats, the construction giant said on Monday. This was the only remaining condition to the deal, which was now...
Jan 17, 2007
Construction giant Grinaker-LTA has been awarded the R1,5-billion contract for upgrading Johannesburg's Soccer City Stadium, near Soweto, for the 2010 soccer World Cup, with construction set to begin February 1. Speaking in a telephonic interview with Engineering...
Dec 01, 2006
French construction giant Bouygues – part of the consortium building the R25-billion Gautrain rapid-rail link – hopes to expand its portfolio of work in South Africa.
Oct 12, 2006
A new Mauritian property ownership system, the ‘Integrated Resort Scheme’ (IRS), which allows foreigners to purchase property in Mauritius, has opened the way for a R2,5-billion property development.
Jun 09, 2006
Given the magnitude and nature of the task taken on by Grinaker-LTA, the construction giant had to work clever in getting Toyota South Africa’s (TSA’s) paint plant 3 at Prospecton, south of Durban, up and running on time.
Sep 02, 2005
Construction giant Group Five recently clinched two contracts in Dubai with a combined value of more than R1-billion.
Aug 30, 2005
South African construction giant WBHO yesterday reported headline earnings per share of 251c for the year ended June 31, 2005, an increase of 20,6% over the previous year.
Aug 19, 2005
Construction firm Concor last week advised its shareholders that Wilson Bayly Holmes Ovcon (WBHO) had withdrawn its firm intention to make an offer to acquire all the shares in Concor.
Aug 11, 2005
Construction firm Concor yesterday advised its shareholders that Wilson Bayly Holmes Ovcon (WBHO) had withdrawn its firm intention to make an offer to acquire all the shares in Concor.