Construction industry heavyweights Aveng as well as Murray & Roberts are expected to report a 'tough' financial year to June in the next few weeks

Providing a third quarter trading update, Aveng says it still expects its year headline earnings per share to be between 40% and 60% higher

Lately, Black Economic Empowerment or BEE in short has become a hotly debated issue in Africa and Namibia is no exception. Continuous deliberations from local experts have been on how best to redress the past inequalities and assist previously disadvantaged Namibians to also benefit from the BEE cake, which is largely seen to only benefit the elite few in the country.

Top performer assigns 30% of shareholding to empowerment groups.

Big funds red in tooth and claw have appetite and muscle to swallow their peers

AUCOR, SA’s largest auction company, has sold 26% of its business to the family trust of businessman and attorney Tony Tshivhase and his wife Phyllis for an undisclosed sum.

A seven-year review in last year's annual report shows almost static revenue growth.

Spearhead Property Holdings has reported a 43% rise in its headline earnings perked linked unit for the six months to end-December 2004 to 117.55 cents from 82.32 cents a year earlier

Top-performing Spearhead grows earnings 43%, raises distribution 19%.

Spearhead Property Holdings said that it has negotiated deals which would result in 25% of its shareholding being in black hands.