Listed property loan stock firm Redefine Income Fund on Wednesday announced it had formed a joint venture empowerment property company with property figure Saul Gumede

Basil Read's BEE partner Metallon is trading out of shares that were acquired from Bouygues Travaux Publics. After funding costs it's likely Mzi Khumalo will walk away with R40-million.

Burgersfort – A Limpopo town will get ten more platinum and chrome mines in the next two years.

Acucap Properties has unveiled a BEE transaction that will see BEE group Thesele becoming a 10% linked unit holder of Acucap for 168.9 million rand

Construction of the new R450m, 40,000 square metre regional shopping centre on site adjacent to The Ridge Casino in Emahlaleni has commenced.

Adoption of International Financial Reporting Standards will lead to a once-off expense totalling R98.2m for the company's financial year to end-June 2006

Shareholders in Murray & Roberts have voted in favour of the company proceeding with the implementation of its broad-based BEE transaction

Spending on construction could exceed R100bn this year due to low interest and inflation rates, says the Master Builders Association of SA. 

The stock of construction group Murray & Roberts has recently tested the R20 level, which could signal the return of the group to giant status

Construction group's major shareholder has agreed to sell almost 52% of the group to a black consortium