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/ 11 March 2008

R1,1-billion construction merger announced

Civil engineering and construction group Stefanutti and Bressan on Tuesday announced a R1,1-billion merger with international construction group Stocks Limited. The merger would position the new group as a major competitor in the first-tier construction sector with turnover of almost R5-billion, Stefanutti and Bressan said in a statement.

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/ 29 October 2007

JSE higher on miners and resources

As gold and platinum prices climbed on a weaker dollar, the JSE’s gold mining index and resources continued to lift the all-share index on Monday. By noon, the JSE’s all-share index was up 1,25% as the gold mining index progressed 2,1%. Resources rose 1,93% and the platinum mining index picked up 1,86%.