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Construction & infrastructure

Repairs to three M1 freeway bridges will slow traffic flow

Commuters and motorists in Johannesburg will have to add more than 30 minutes to their journey times as the city begins the latest phase of its R200m programme to rehabilitate three bridges on the M1 freeway. ... Full story

Group Five declares interim dividend of 42c per share

Group Five grows earnings in the first half of its financial year from the low base and buoyed by the performance of its investments and concessions cluster.

Offshore work builds up Group Five

Group Five has its eastern European investments and concessions business to thank for improved earnings in the six months to end-December last year, as SA's construction market continues to languish.

Development capital boosts African infrastructure

New report sponsored by global law firm Baker & McKenzie finds that the funding gap for African infrastructure narrows to about USD25bn a year.

Group Five sees H1 HEPS between 15% and 25% higher

Group Five expects headline earnings per share to be 15%-25% higher at between 125c and 136c for the six months to December 31 2015 from 109c per share in the year-earlier period.

Group Five downplays JSE warning

Group Five faces suspension for the late submission of results‚ explaining this involved debt instruments listed by a subsidiary and not the holding company’s shares.

Aveng warns of expected loss

Aveng's share price continue its free fall as the construction group warns that it expect to swing into a loss.

Group Five upbeat on profit as rand boosts tolling business

Weak rand goes to construction firm Group Five’s rescue with the company signalling a likely return to profit in the year ahead.

WBHO, Group Five to face Competition Tribunal

Competition Commission refers the last case arising out of its investigation of bid rigging in the construction sector to the Competition Tribunal.

Balwin Properties debuts on the JSE

Balwin Properties debuts on the JSE, as the group gears up for growth.

Balwin Properties lists to target developing residential projects

Balwin Properties has ambitions to be the largest listed residential property fund on the JSE.

Attacq embarks on strategy to recycle capital

Attacq CEO Morné Wilken discusses full-year results from the mall developer which reports 20.6% growth in net asset value for shareholders.

Zendai seeks public's help with new master plan for Modderfontein

Zendai Development South Africa (ZDSA), the local subsidiary of Hong Kong listed Shanghai Zendai, held a series of public information sessions during July 2015 on the master plan for the proposed development of Modderfontein New City.

UK portfolio helps Redefine bulk up

Redefine International, the London and JSE-listed diversified property fund, acquires a R10bn property portfolio in the UK as it aggressively builds up its asset base.

‘Overvalued’ listed property in SA losing its lustre

Some pundits believe South African listed property’s strong run over several years is set to be derailed by revaluations and a slow-growing economy.

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