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Murray & Roberts banks on Aveng merger to bolster international presence

Construction firm Murray & Roberts believes that the planned merger with engineering firm Aveng will boost its major markets like Australia and Africa, CEO...

Australian subsidiary boosts WBHO Group earnings

Construction giant WBHO Group revenue increased from R15,4 billion to R18,1 billion at 31 December 2017 aided by Australian subsidiary, CEO Louwtjie Nel said Tuesday. Overall...

Aveng subsidiary plans to retrench 2863 workers, says union

South Africa's Aveng Grinaker-LTA, a subsidiary of construction firm Aveng Ltd is set to retrench 2,863 workers, National Union of Mineworkers (NUM) said mid...

Aveng CEO resigns, firm mulls restructuring

Chief executive officer of Loss making South African construction firm Aveng has resigned, the firm said Tuesday. Aveng said that Kobus Verster, who had been...

South African construction group Aveng ends talks to sell steel arm

South African construction group Aveng has ended talks to sell its steel arm , Chief Executive Kobus Verster has confirmed. The CEO cited failure to...