Engineering and construction group Murray & Roberts (M&R) estimates that the Covid-19 pandemic had a R622-million negative impact on its results for the 2020 financial year, during which the company retreated into a lossmaking position. The JSE…
M&R retreats into a loss amid R622m Covid-19 hit Read More »
The implementation of the business rescue plan of embattled construction company Basil Read Limited (BRL), a subsidiary of Basil Read Holdings, continues, even as its effect at a group level remains uncertain until its completion. According to monthly …
Basil Read Limited’s business rescue progressing Read More »
Infrastructure development and construction materials supply group Raubex managed to maintain sufficient capacity to participate in any improvement in the sector, while simultaneously undertaking rightsizing initiatives has seen the company’s roads and…
Raubex divisions see return to profitability Read More »
JSE-listed engineering and construction group Murray & Roberts (M&R) says few of its projects have continued with little or no disruption as a result of Covid-19-related suspensions and restrictions.
As a result, the company is reasonably cer…
M&R says order book remains healthy, despite delayed projects Read More »
Construction and engineering group Aveng reports that the group’s South African contract-mining subsidiary, Moolmans, has recommenced full operations at the majority of its opencast contracts, while its underground project at Platreef is operating at 5…
Moolmans remobilises after lockdown, but Aveng warns of liquidity risks Read More »
A partnership between renewable energy company Africa Clean Energy Solutions (Aces) and mining, civil and roadworks company 3C Tech Mining has led to the development of a turnkey prefabricated medical facility – SAFEPOD – which can be used to bolster m…
Quickly deployable prefabricated medical facility ideal to tackle Covid-19 in Africa Read More »
JSE-listed Afrimat expects its earnings a share for the year ended February 29 to be between 318.2c and 362.4c, reflecting an increase of between 44% and 64% year-on-year. Its headline earnings a share are expected to be between 323.1c and 369.9c, refl…
Afrimat expects to report higher full-year earnings Read More »
JSE-listed Murray & Roberts (M&R) has noted the evolving impact of Covid-19 on its active projects in Australasia, the Americas and sub-Saharan Africa.
The Oyu Tolgoi project in Mongolia, which the company’s Oil & Gas and Underground Mini…
M&R outlines evolving impact of Covid-19 disruptions to its projects Read More »
Specialist engineering and construction group Murray & Roberts (M&R) has initiated a study into the potential health and commercial effects of the coronavirus, or Covid-19, on its projects and people, confirming on Thursday that the outbreak wa…
M&R confirms coronavirus-linked disruptions at two project sites Read More »
The business rescue practitioners of embattled JSE-listed construction company Basil Read on Thursday announced they had appointed an independent sales adviser to value the company’s mining business and adjudicate on potential offers for the business. …
Basil Read considers selling mining business, progresses with rescue plan Read More »
