ARTICLES RELATING TO GROUP 5

SA steel sector pleads for 'bold action' as GDP growth plunges

2019-06-04 15:30

South Africa's steel and metal sector has pleaded with President Cyril Ramaphosa to show bold leadership in place of "soothing words" after Stats SA reported a shock 3.2% fall in the country's quarterly GDP on Tuesday morning.

These SA highway projects have been left half-finished after two construction giants went bust

2019-03-29 05:37

Highway projects in the Western Cape, Eastern Cape and Limpopo are affected.

Group Five says investor wants breakup, return of ex-CEO Upton

2017-06-23 17:35

Group Five says Allan Gray, has nominated former chief executive officer Mike Upton to the board as a non-executive director and has proposed that the South African construction and engineering company be broken up.

BBC lashes out at govt over development deal

2016-10-14 18:58

The Black Business Council says it doesn’t back the state's new development fund deal with major construction firms due to conditions the agreement falls short of.

 

Competition Tribunal clears WBHO in World Cup collusion case

2019-04-12 11:36

WBHO and Group 5 had been accused of fixing trading conditions around the building of a road near Soccer City ahead of the 2010 FIFA World Cup.

Civil construction goes from bad to worse as confidence hits record low

2019-03-26 13:02

The performance of the civil construction sector in South Africa has gone from bad to worse, with the latest FNB/BER Civil Confidence Index reflecting the lowest confidence levels ever recorded.

Construction cartel: Firms agree to pay R1.5bn to fund

2016-10-20 17:49

Seven listed construction companies with a collective annual turnover of R9bn per annum will make generous contributions into a state developmental fund.

Group Five eyes high-growth Africa countries

2016-08-15 19:39

Group Five is setting their sights on cross-border projects, including those in high-growth countries elsewhere in Africa to alleviate domestic growth pressure.

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