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Construction firms cry foul over cancellation of PPPs

The government could face claims amounting to tens of millions of rand as construction firms plan to seek compensation for costs incurred when submitting bids for the long-delayed public-private partnerships (PPPs) for the construction of four new prisons.
 

Larfarge records $0,4m loss

Cement producer Larfarge Zimbabwe has recorded a $0,4 million loss for the HY11 compared to a $3,1 million profit the previous year.

Last Updated ( Monday, 05 September 2011 10:09 )

Construction slowdown hits Group Five

Construction group Group Five revealed on Tuesday that fully diluted headline earnings per share for the full year ended 30 June 2011 are expected to be between 45% and 5...

Last Updated ( Wednesday, 06 July 2011 10:37 )

Rosebank 'becoming Joburg's third high-rise area'

Rosebank is fast becoming Johannesburg's third-largest high-rise business centre, after Sandton and the inner city, according to the research conducted by Broll, the comm...

Cement factory for Masvingo

Zimbabwean focused Chinese investment group Sino-Zimbabwe is set to establish a cement factory in southern town of Masvingo.

Lafarge Zim on $3m plant refurbishment

The local unit of French cement maker Lafarge Zimbabwe says it plans to invest US$3, 3 million to increase capacity utilisation by 80%.

Last Updated ( Monday, 23 May 2011 09:11 )

Costain concludes Zim disposal

International construction firm, Costain Group Plc has announced that it had concluded the disposal of its 85% stake in its local unit to management led by the executive ...

Last Updated ( Wednesday, 27 April 2011 10:34 )

M&R picks veteran as new CEO

Construction firm Murray & Roberts Holdings [JSE:MUR] appointed a veteran of the company as CEO to replace Brian Bruce, who is stepping down in June, its chairperson ...

M&R: Collusion is endemic in SA

Construction group Murray & Roberts' CEO, Brian Bruce, has referred to collusion in SA as endemic.
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Feb 06 2012 20:52 | LAST UPDATED Jan 29 2012 11:17
 

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