JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The... 

The share price of JSE-listed Aveng fell by more than 31% on February 14 after the company advised that it was likely to report a loss a share of between A$0.253 and A$0.254 and a headline loss a... 

JSE-listed Aveng, through its subsidiary Aveng Africa, on November 28 entered into a sale of shares agreement with Collins Property Group for the 30% interest Aveng holds in the issued share... 

This book represents accounts of David Easton's logbook entries of tenders for proposed dam projects, successful and implemented, but many not realised. As water is such a precious commodity it is... 

Construction, engineering and contract mining group Aveng has outlined plans to split its Australian and South African operations into two separate and independent entities. This demerger, which... 

This week we profile Gwen Mahuma-Madida, CEO of Mahuma Investment Holdings (MIH), chairperson of Colossal Concrete Products, and executive director of BBD Steel Suppliers and Remkor Manufacturing.... 

International engineering-led contractor Aveng says it expects to report earnings of between A$24.4-million and A$26.9-million for the financial year ended June 30, compared with a loss of nearly... 

Construction and mining group Aveng has alerted shareholders that they can expect an earnings a share and headline earnings a share profit for the financial year ended June 30, compared with the... 

State-owned freight logistics group Transnet has announced the appointment of Lekau ‘Solly’ Letsoalo as group COO, with effect from July 1. Letsoalo returns to the group where he worked previously... 

JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of... 

JSE-listed construction group Aveng has elected to change its reporting currency from the rand to the Australian dollar, effective from the six months ended December 31, 2023. With Aveng having... 

Efforts are being made to return Medupi Unit 4 to service by the end of July 2024. 

Following delays and setbacks in recent years, roads parastatal South African National Roads Agency Limited (Sanral) restarted works last year on the Mtentu and Msikaba megabridges, in the Eastern... 

Following delays and setbacks in recent years, roads parastatal South African National Roads Agency Limited (Sanral) restarted works last year on the Mtentu and Msikaba megabridges, in the Eastern... 

The locus of JSE-listed construction group Aveng is set to shift to Australia following the appointment of Scott Cummins, who currently leads McConnell Dowell, to succeed Sean Flanagan as CEO, as... 

JSE-listed paper and packaging manufacturer Sappi has announced that nonexecutive director Nkululeko Sowazi will succeed Sir Nigel Rudd as independent chairperson, with from February 8 next year.... 

Electricity Minister Kgosientsho Ramokgopa has said that the country will receive a significant boost in 2024 with the earlier-than-expected return to service of Medupi Unit 4. 

The South African National Roads Agency Limited announced the restart of construction work on the Mtentu bridge contract in August 2023. 

The South African National Roads Agency Limited (Sanral) has announced the restart of construction work on the R4.05-billion Mtentu Bridge contract, in the Eastern Cape. The Aveng Strabag joint... 

Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the... 

Work on the Mtentu bridge has started. 

The South African National Roads Agency Limited (Sanral) has announced the restart of construction work on the R4.05-billion Mtentu Bridge contract, in the Eastern Cape. The Aveng Strabag joint... 

JSE-listed Aveng expects to report a loss a share and a headline loss a share for the financial year ended June 30, compared with earnings a share of 106c and headline earnings a share of 252c... 

Skills building programme TechnoGirl Trust is partnering with local mining companies to provide mentorship and other opportunities for young women interested in pursuing careers in the arenas of... 

Infrastructure and resources company Aveng has completed the disposal of steel solutions company Trident Steel for R1.22-billion. "Post the closing of the sale of Trident, Aveng’s South African... 

A heartfelt pledge by Grade 11 pupils to make full use of their new smart learning devices has inspired the sponsor, the automotive catalyst business unit of materials technology company Umicore,... 

Infrastructure and resources company Aveng's share price on the JSE fell by more than 28% on April 13 after it announced that the underperforming Batangas liquefied natural gas (BLNG) terminal... 

JSE-listed Aveng remains on track to settle the remaining R353-million of its South African legacy debt this year, CEO Sean Flanagan said on February 21. At its height in 2018, this debt amounted... 

JSE-listed Aveng expects to report a 13% to 17% year-on-year drop in earnings for the six months ended December 31. In conjunction with the softer operating earnings and flat earnings for period,... 

The Competition Commission has approved the proposed transaction whereby steel maker Trident Steel subsidiary Trident Steel Africa (TSA) intends to acquire Aveng subsidiary Aveng Trident Steel... 

Contract mining firm Moolmans, which is a subsidiary of JSE-listed Aveng, has entered into a new five-year contract, valued at about R7-billion, with its long-standing client and South African... 

JSE-listed Aveng’s Australasia-based subsidiary McConnell Dowell has increased its work in hand as at September 30 by 39%, to $3.5-billion (about R40-billion), after successfully securing... 

JSE-listed Aveng has entered into an agreement to sell Trident Steel as a going concern for R700-million, following what it acknowledges to have been a “protracted and difficult” disposal process... 

JSE-listed Aveng says improved revenues, gross margins and operating earnings, combined with strong cash generation, were underpinned by a stronger capital base in the financial year ended June 30.... 

Construction company Aveng’s subsidiary McConnell Dowell has been awarded a A$600-million contract to deliver Tasmania’s largest-ever transport infrastructure project – the New Bridgewater bridge.... 

 JSE-listed construction engineering group Aveng says it has reached settlement on and received payment of R282-million for a long-outstanding claim, which was previously disclosed in its December... 

Eskom’s actions to rectify major boiler defects at its newly built Medupi and Kusile power stations are improving the plants’ energy availability factor. 

Infrastructure and contract mining group Aveng is in advanced-stage negotiations with a credible buyer for its Trident Steel business – a division of Aveng Africa – as a going concern. The... 

The African Development Bank has said that Medupi will never make a profit because of delays, design defects and increasing opposition to coal-fired electricity generation. 

Eskom has reported that it has implemented repairs and fixes to generation units 1 to 3 at the Medupi power station. 

The cancellation of R17.47-billion in tenders by the South African National Roads Agency Limited (Sanral), will lead to major delays in the execution of these projects, warns Concor CEO Lucas... 

JSE-listed Stefanutti Stocks says it has reached an agreement with the City of Cape Town regarding a civil claim against it, as well as fellow contractors WBHO Construction and Aveng Africa, in...