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Construction Industry

Group Five soars on Europe operations

Group Five more than doubles core operating profit in the year to June on what it says is an 'exceptional result from its investments and concessions cluster in eastern Europe. ... Full story

US home construction picks up in July

New US home construction picks up in July to the fastest pace in just over a year, supporting hopes for a rebound in overall economic growth in Q3. ... Full story

WBHO FY HEPS at continuing operations to rise 20%-30%

Construction group Wilson Bayly Holmes-Ovcon expects full-year HEPS from continuing operations to rise 20%-30%‚ says group. ... Full story

Critical flaws in bridge

Guidelines for the construction of a temporary bridge at Grayston Road in Sandton over the M1 are not implemented. ... Full story

Small residential funds take a back seat

Listed-sector interest in residential real estate grows, but only a few funds have managed to build sizable portfolios. ... Full story

Rare Holdings buyout offer seemingly cheap

There has been no outrage in the market at a proposed buyout of pipeline specialist Rare Holdings by a company associated with one of SA's richest businessmen. ... Full story

West China Cement shares plunge following deal collapse

Shares in struggling West China Cement plunge as much as 34% after a much-needed merger deal with the country's largest cement maker collapses. ... Full story

Building material companies thriving despite the odds

While other building material and industrial mineral companies have struggled to live up the hype, Afrimat and Corobrik on the other hand have been thriving despite a weak economy. ... Full story

SA skills shortages leading to hindered growth, survey reveals

General builder confidence declines from 46% to 44% in the first quarter of 2016, which is the result of a slowdown in building activity and increasing pressure on profitability. ... Full story

Stefanutti Stocks records decline in revenue

Construction major Stefanutti Stocks sees slide revenue and total profit fall in the turbulent African and Middle Eastern construction and engineering markets. ... Full story

Building watchdog on shaky ground

A presidential proclamation allowing the Special Investigating Unit to investigate a construction industry watchdog could open a can of worms. ... Full story

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