Aveng

The Leonard — Africa’s tallest building finally launches

The Leonardo, Africa’s tallest building finally opened its doors last week Tuesday, after several months of teasing.

Construction Industry continues to grapple with ‘Mafias’

SA’s distressed construction sector is facing a host of issues including the so-called construction mafia – popularly known as the “business forums”.

Another twist in the ongoing saga between Aveng and The Leonardo

THE matter involving developers of The Leonardo, the R3 billion Sandton skyscraper - who booted out construction firm Aveng, takes a new twist as Aveng now seeks an adjudicator.

There’s trouble bubbling at Sandton’s skyscraper — The Leonardo

The developer of the R3 billion Sandton skyscraper, the Leonardo, has shown the troubled construction company, Aveng, the exit door after terminating its contract.

Construction Sector being demolished as Group Five succumbs to depressed market

The decision taken by Group Five, one of SA’s construction giant which built the Moses Mabhida stadium, to file for bankruptcy protection, has come as a shock to the nation as the sector may be collapsing.

Colluding Construction giants reach aggreement with Government

Construction companies that colluded around the 2010 Fifa World Cup Stadium projects, have paid their first sum of R117m in terms of the settlement agreement they entered into with the National Revenue Fund.

Cape Town suing Construction companies over World Cup stadium loot

The City of Cape Town is suing several construction companies, accused of colluding during the construction of stadiums in the build-up to the 2010 FIFA World Cup.

Colluding construction firms agree to pay R1.5bn to help transformation

The South African Government reached an agreement with seven listed construction groups found to have participated in collusion. The companies will contribute R1.5 billion to help black-owned partners grow.

Competition Tribunal confirms Aveng deal

Competition Tribunal on Wednesday confirmed an immunity agreement between JSE-listed construction group Aveng struck with the Competition Commission.

Black women-owned company to buy majority stake in Aveng

Kutana Construction, a black women-owned and led company, will buy a majority 51% stake in Aveng subsidiary Aveng Grinaker-LTA, which services infrastructure, energy, rail and mining markets in Africa.

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