Rise of the new construction ‘mafia’
Are violent disruptions of infrastructure projects led by thugs or champions of change?
WBHO
WBHO gets off lightly but Murray & Roberts left to stew
Construction company WBHO got off lightly for collusive tendering. But co-accused, Murray & Roberts’s Concor company, will not be as lucky.
Construction: Collusion may be the industry’s fatal flaw
The state has been caught between a brick and a hard place in its crackdown on long-running cartels in South Africa’s construction industry.
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Construction suffers while state dithers
Government has an R808-billion arsenal which it plans to use on maintaining and improving the country’s infrastructure over the next three years.
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Aveng profit lower as manufacturing unit hit
Aveng posted a drop in full-year profit on Wednesday as lower volumes and falling steel prices hit its manufacturing and processing business.
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WBHO boosts earnings, eyes expansion
WBHO posted a 27% rise in full-year headline earnings per share and said on Monday it plans to continue seeking expansion opportunities.
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WBHO profits up, sees solid 2009
Construction firm WBHO posted a 78,2% jump in first-half headline earnings per share (EPS) on Monday, and said full-year results would be solid.