No sign of recovery for Group Five construction company

2019-12-02 14:29

Group Five has issued an update on its business rescue process for the month of November.

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.


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.

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