A Ghana power station disaster cost Group Five R649 million – and now will be moving out of its swanky head office before asking shareholders for more cash

2018-04-12 12:29

The Kpone thermal power station cost the construction group enough to nearly treble its losses in the last half of 2017. It will be looking to shareholders for "financial support soon.

It's all-out war as Murray & Roberts fights back against a German hostile takeover

2018-03-27 16:30

But it looks like the market thinks M&R will lose.

Clever engineers unite

2017-11-12 11:20

The story of how F&K Engineering and Hlakani Engineering came together is inspirational.

Weak domestic growth forces Raubex to look abroad

2017-11-06 22:25

Weak domestic growth has seen construction company Raubex suffer a drop in revenue, operating profit and bottom line, leading it to find growth prospects internationally.

Western Cape construction still contributes to economy

2017-09-26 15:45

The Western Cape's construction industry seems to have escaped the effects of SA's downturn, says the Master Builders Association of the Western Cape.

Black contractors viewed with suspicion

2017-09-17 06:00

There is a culture of institutional suspicion in the construction industry as black contractors’ ability to undertake construction projects is being questioned.

Multi-year budget system mooted for construction sector

2017-09-11 12:54

The Department of Economic Development is consulting with Treasury on the possibility of a multi-year budget system to mirror the build cycle of mega constructions, says Ebrahim Patel.

AfriSam to eye other deals if tie-up with PPC fails

2017-08-06 06:58

A merger between cement producers AfriSam and PPC would result in hundreds of millions of rands in savings, says AfriSam’s acting CEO, Rob Wessels.

Construction confidence falls to lowest level in 6 years

2017-06-28 12:42

The FNB Bureau of Economic Research Civil Confidence Index fell to its lowest level in six years.

Battling to build

2017-05-14 06:57

Construction technologist says nepotism, a lack of knowledge and self-interest in government are shutting his company out.


Don’t follow the herd into low-quality earnings

2018-04-12 11:19

Avoid cyclical businesses, such as construction, for long-term investments, decide on the price that you’re prepared to pay – and don’t spend a cent more.

Semigration, not real growth, may be driving W Cape economy - expert

2017-12-02 11:00

Growth in the Western Cape is perhaps being driven more by semigration than by real new economic growth, says the chair of a property development forum.

Private sector key to govt economic programme - deputy minister

2017-11-07 11:04

Government has never claimed to be able to exclusively deliver on its economic programme, says Deputy Minister of Trade and Industry Bulelani Magwanishe.

Baic’s R11bn Coega project is bleeding millions

2017-10-01 06:00

A key contractor involved in Chinese car maker Baic’s R11 billion Coega project has appealed for no more disruptions, as it is already several months behind schedule.

Building prospects in doldrums despite slight confidence uptick

2017-09-19 12:36

Despite a slight increase in confidence, the building sector is likely to continue to perform poorly in the fourth quarter, according to the Building Confidence Index.

BEE in construction should be more than just ticking boxes

2017-09-12 05:00

It is not enough for the construction industry to simply comply with the minimum requirements of BEE, says Gregory Mofokeng of the the Black Business Council in the Built Environment.

UK manufacturing jumps, construction falls as quarter starts

2017-09-08 12:12

The UK economy has made a mixed start to the third quarter, according to output figures.

Group Five settles on new board after spat - report

2017-07-24 16:47

Shareholders have reached a compromise on Group Five's new board, selected at an extraordinary general meeting.

The builder of the future

2017-05-31 11:50

Moladi founder Hennie Botes has developed a way to build houses and social infrastructure faster and cheaper, without jeopardising the structural integrity of buildings.

Beware of cowboy builders

2017-05-14 06:49

Your smooth-talking builder may promise you the world, but you could end up in a world of pain, writes Angelique Ruzicka.

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