AVENG

Government wants more payments from colluding World Cup builders

The economic development minister says government is seeking a restitution package from colluding construction firms following a R1.5-billion fine.

Aveng takes action on collusion-scandal employees

Construction company Aveng has explained how it held executives and employees involved in anti-competitive behaviour accountable, says a report.

Skills crisis curbed Aveng’s reprisal

A scarcity of engineers forced the company to take muted punitive measures over collusion.

Construction: Ex-Aveng boss calls for more transparency

Former Aveng chief Roger Jardine says there needs to be greater transparency in government tender systems to lessen opportunities for collusion.

Aveng’s Roger Jardine quits after collusion investigation

Aveng chief executive Roger Jardine says he is stepping down following an investigation process which he found very taxing.

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.

Aveng to pay R128,9m collusion fine

Aveng will pay a fine of R128,9-million relating to two cartels in the wire mesh and rebar business, the Competition Commission says.

The acid mine drainage solution bandwagon

As acid mine drainage threatens some of South Africa's major cities and waterways, technology providers are looking for cost-effective solutions.

Aveng full-year profit falls

Aveng, Africa's largest builder by market value, posted an 8% drop in full-year profit, hit by lower demand for construction projects.

Competition watchdog cracks down on cartel

Companies involved in a mining roof bolts cartel are being brought to book by the Competition Commission.

Aveng two-year order book swells, first-half profit drops

Aveng said on Wednesday its two year-order book rose by 8% to R32,7-billion despite construction projects related to 2010 World Cup coming to an end.

JSE pauses after strong run

The JSE was taking a breather on Tuesday after its recent strong rally, which took the bourse to successive record highs, as some profit-taking set in. However, earlier the all-share index hit yet another fresh record high when it touched 33 263,148. At noon, the JSE's all-share index was down 0,88%.

Latest

High court refuses application to cross provinces for a funeral

Despite “extreme sympathy”, court says it must uphold the law

Partner row hits Mabuza Eskom deal

Former business associate says Nomvula Mabuza was not authorised to use his firm’s credentials to win the R100-million maintenance contract

Viral threat no match for Mama K’s Team 4

While most of Netflix’s live-action productions have been suspended, work on Mama K’s forges on from the comfort of animators’ couches and kitchen tables

Press Releases

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders

Dimension Data launches Saturday School in PE

The Gauteng Saturday School has produced a number of success stories