There is growing concern coming from within the built environment that construction mafias and gang-related activities are on the rise threatening the safety of projects and professionals working on site. Â Yunus Bayat from the Association of South...
Construction engineering conglomerate Aveng has announced the sale of 100% of its manufacturing business unit, Aveng Infraset to Colossal Africa Consortium for a total value of R200 million. The transaction, which includes the Infraset businesses...
Kobus Verster, the chief executive officer, of South African construction firm Aveng will resign with immediate effect after the company reported a wider full-year loss the firm announced on Tuesday. “Eric Diack, current Executive Chairman, will...
In September last year, the Gouda Wind Farm, owned in partnership by the South African company, Aveng, and the Spanish renewable energy company, Acciona Energia, began operations with a generating capability of 423 gigawatt hours of electricity...
A strategic partnership with the intent of venturing into operations north of South Africa’s borders is being undertaken between Transnet Port Terminals (TPT) and construction and engineering group Aveng. The two companies recently signed a...
Aveng believes the continued underperformance of its South African and rest of Africa construction and engineering division is a function of stagnant infrastructure spending. The group reports in its 2013 annual report that marginal real growth was...
South African construction firms may have turned the corner if the results from industry heavyweights are anything to go by. Murray & Roberts, Group Five and Basil Read have all shown a return to profitability and growth in their order books...
When Aveng Group CEO Roger Jardine joined Aveng Limited in 2008, part of his motivation was the importance of infrastructure as a key economic driver for the country and the contribution he personally was qualified to make. Then came the 2008...
South African National Roads Agency (Sanral) CEO Nazir Ali has dismissed claims by former Murray & Roberts CEO Brian Bruce that the agency approached only six companies to tender for road contracts during the 2010 World Cup. The construction...
