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Reasons behind millions in fines for billion-rand crimes

THE head of the Competition Commission, which has fined 15 construction companies a total of just less than R1.5-billion for collusion, says it is now up to

Another hard year for the construction industry

Despite predictions that 2013 will restore some of the local construction sector’s profitability, the situation is as precarious as ever. The Hawks

Construction recovery slows in Q4 2012

The FNB/BER construction confidence index fell to 36 points in the fourth quarter of last year&sbquo; having hit a four year high of 42 index points in the t

Murray and Roberts grows its order books

South African construction and engineering company Murray & Roberts (MUR) announced on Wednesday that its order book grew to R48 billion as at September

No tender issued despite R4tril infrastructure announcement

MURRAY & Roberts said yesterday that, despite the government’s announcement that it planned to spend R4-trillion on infrastructure over the next 15

Big auction of industrial machinery

MONDAY will see WH Auctioneers selling up a massive selection of construction equipment and trucks. On the smaller side, there will also be seven TLBs, i

Basil Read hits cashflow constraints

Conditions in SA have deteriorated to such a point that tenders for local construction work now carry just as much risk as work in the rest of Africa, says B

Murray & Roberts shares down

Shares in construction group&sbquo; Murray & Roberts (MUR)&sbquo; fell by as much as 9.64% in early trade on Wednesday amid thin volumes. At 12.40pm&

Fast-track bid-rigging cases, builders urge

ALLEGATIONS of cartel activity and bid-rigging against some of SA’s biggest construction firms affect the integrity of the industry and the fact that t

Construction picking up but tax...

THE construction confidence index rose to its highest level since the end of 2009 in the second quarter of 2012&sbquo; suggesting the recovery is gaining mom

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