Orascom Construction offers shares in $185m IPO

2015-03-04 12:09

Orascom Construction plans to offer 11% of its shares on the Cairo bourse to raise $185m, with the business seeking a dual listing on the Egyptian stock market.

Aveng posts drop in earnings

2015-02-17 11:12

Aveng has reported a drop in half-year profit, hit by a slowdown in public building projects and spending in the mining sector as well as labour disruptions.

PPC achieves positive cement sales

2015-01-27 15:00

The operating environment in SA remains tough due to weak economic growth, power shortages and increased competitor activity, says PPC.

Construction starts on Gauteng's 'Manhattan'

2015-01-08 08:28

Construction has started on a new Chinese-financed R84bn city in Modderfontein touted to become a "New York of Africa", according to a report.

Construction to begin on controversial canal

2014-12-22 17:15

The construction of Nicaragua's controversial canal linking the Pacific Ocean and the Caribbean is due to begin.

Overcoming construction challenges in Africa

2014-12-01 14:15

There are ways to overcome the difficulties and challenges of infrastructure development in Africa, says an expert.

Tribunal to check World Cup tender collusion

2014-11-13 11:24

SA's Competition Commission has referred construction firms WBHO, Group Five, Stefanutti and Basil Read to the Competition Tribunal for collusive tendering.

Ferrovial bids to buy Transfield

2014-10-20 13:00

Spanish construction giant Ferrovial has offered nearly € 700m to buy Australian firm Transfield Services.

Building industry shrugging off problems

2014-10-02 07:00

There have been continued signs of improvement in the construction of new houses in South Africa.

Building sector gets boost as index edges up

2014-09-17 13:04

The FNB/BER building confidence index has risen to 45 points in the third quarter after falling to 41 in the second quarter, says First National Bank.


Building costs continue to soar

2015-02-20 12:12

Growth in the planning phase of residential building in the SA market for new housing was at its highest level in over 10 years in 2014, says an expert.

UK construction growth unexpectedly rebounds

2015-02-03 15:15

Growth across British construction companies has rebounded unexpectedly in January after a slow end to 2014.

Higher demand for new construction work

2015-01-14 15:36

Civil contractor confidence was higher in the fourth quarter of 2014 despite pressure on actual construction work and profitability, according an index.

UK construction PMI falls

2015-01-05 13:00

Britain's construction sector has grown at its slowest rate since July 2013 last month, industry data has shown.

UK construction sector expands at slowest pace

2014-12-02 12:15

British construction activity has expanded at the slowest pace in more than a year last month, with order books filling at the slowest pace since June 2013.

Group Five shares nosedive on profit warning

2014-11-17 17:44

Shares in Group Five tumbled 15%, its biggest one-day drop in 14 years, after flagging first-half profit would fall by more than 20%.

Property boundary walls 101

2014-10-24 17:14

When budgeting for renovations or buying a dream home, a property’s perimeter fence or wall may easily fall off the priority list.

UK construction output slumps

2014-10-10 12:17

British construction has fallen sharply in August, hit by a fall in house-building and adding to signs of a slowdown in other areas of the economy.

Building activity to remain subdued

2014-10-01 10:53

Residential building activity is expected to remain subdued and stay around the levels of the past 4½ years in the remainder of the year, says an expert.

UK construction output stagnates in July

2014-09-12 15:30

British construction output has stagnated in July as a rapid expansion in house building started to level off, causing annual growth to sink to an eight-month low.

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