The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2018 recently released indicates positive news, that the construction sector has seen growth for the first time in six quarters.
Murray and Roberts will focus on three core sectors in future — underground mining, oil and gas, and power and water, says group.
Although construction activity has consistently improved over the past two years, the growth in activity ratcheted up more significantly over the last six months.
Civil construction activity recorded its biggest improvement in one-and-half years in the fourth quarter of 2011, according to FNB/Bureau for Economic Research civil construction confidence index
Esorfranki on Thursday advised that it is in negotiations to acquire the business of a development company with rights as the "turnkey developer/contractor" for an integrated mixed-use, affordable housing development on approximately 237ha of land
Esorfranki slipped into the red in the year ended February 2011, with a diluted headline loss per share of 12.8c after headline earnings per share of 70.5c a year.
Esorfranki has pointed to an approved capital expenditure of R72m for the 2011 financial year to accommodate future growth 'and to maintain its competitive edge.
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