JSE-listed construction firm Group Five continues to be dogged by contract problems outside SA, forcing it to stop work worth millions of rand.
Group Five is to revisit its level of over-border work as a result of the SA Government's infrastructure budget, says Mike Lomas, the company's CEO
SHARES in the construction sector have soared over the past two months, buoyed by foreign investor optimism on the prospects for SA’s infrastructure development.
Group Five says it conducted a thorough risk assessment before accepting a contract from a Nigerian agency to build a power station in that country.
Construction industry heavyweights Aveng as well as Murray & Roberts are expected to report a 'tough' financial year to June in the next few weeks
Group Five has, in conjunction with its sponsors Al Naboodah Contracting Company, been awarded a contract by Dubai Civil Aviation for approximately R940m
GROUP Five’s share price leapt 5% yesterday after it said it had landed a R940m contract to build a cargo terminal at Dubai International Airport
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