Andile Mnguni, an executive at Tongaat Hulett Developments has been appointed to the national board of the South African Institute of Black Property Practitioners (SAIBPP).

Rosebank’s hottest new development, FireStation Rosebank, is progressing at pace.

Competition Tribunal is today due to confirm an immunity agreement JSE-listed construction group Aveng struck with the Competition Commission.

Thursday, 20 October 2016 14:09

Murray and Roberts joins voluntary deal

Murray & Roberts opts to participate in a R1.25bn 'voluntary' settlement agreement between construction companies.

Construction groups say they will collectively pay R1.25bn to accelerate transformation in the country's construction sector in settlement of collusion claims in the industry.

Basil Read is on the lookout for prospects in the rest of the continent as the local construction sector remains subdued.

Aveng’s share price jumps 13.6% to R4.60 after the construction group says its headline loss have halved in its past financial year.

Construction firm Murray & Roberts is slapped with another multimillion-rand fine for involvement in collusive tendering in the buildup to the 2010 Fifa World Cup.

Monday, 09 November 2015 13:51

No end in sight for construction sector woes

The collapsed pedestrian bridge on the M1 highway in Sandton is an unfortunate metaphor of what the sector is going through at present.

Thursday, 01 October 2015 16:41

Real estate endures despite constraints

While the local commercial property finance market has been constrained by poor economic growth, rising operating costs and low business confidence in the first half of this year, it remains buoyant, continuing the strong trend seen over the past few years, according to Nedbank Corporate and Investment Banking (NCIB) managing executive of property finance Robin Lockhart-Ross.

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