Tag Archive | Aveng

Aveng and Kutana BEE deal a step closer to completion

Construction, infrastructure, energy, rail and mining giant, Aveng Propriety Limited, has advised of a circular to shareholders on Monday, 27 February 2017. This announcement was made on the Johannesburg Stock Exchange (JSE) information dissemination service,SENS. The company said the purpose of the circular is to provide  shareholders with information relating to the proposed disposal of […]

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Posted in B-BBEE, Infrastructure0 Comments

Colluding construction giants sell stake to black-owned entities

The construction companies implicated in collusion have paid their first sum of R117 million in terms of the settlement agreement they entered into with the National Revenue Fund, following the findings of investigations by competition authorities. In terms of the agreement, the seven construction companies were to make financial contributions of R1.5 billion for developmental […]

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Posted in B-BBEE, Business0 Comments

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