Tag Archive | Construction

Black business attacks construction giants

The Black Business Council (BBC) and the black Business Council in the built Environment (BBCBE) feel undermined by the seven listed construction giants upon signing the voluntary rebuilding programme (VRP).The VRP is a program for redress post the findings of the competition commission (CC) and subsequent fast track settlement process between the cc and the […]

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Themba Motsai appointed interim CEO at Group Five

The board of Group Five announces that group executive committee (“exco”) member and the head of Developments, Themba Mosai, has been appointed as the group’s interim CEO.Mr Motsai has been with Group Five for almost 13 years and has been an active and strategic member of exco since 2014,according to a statement on the Johannesburg […]

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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

PPC and AfriSam merger to boost transformation in construction industry

Cement making giants PPC and AfriSam Group Limited have entered into a Heads of Terms to assess the merits of a potential merger between the two groups. PPC is a leading supplier of cement and related products in southern Africa, PPC Ltd has nine cement factories in South Africa, Botswana, Zimbabwe and Rwanda, while AfriSam […]

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Posted in B-BBEE, Infrastructure0 Comments

Raubex appoints Ntombi Msiza as Executive Director

Construction giant, Raubex Group Ltd, has appointed Mrs Ntombi Felicia Msiza, as Executive Director responsible for Governance, Risk and Compliance, with effect from 1 March 2017. Ntombi joined Raubex as an Independent Non-Executive Director in 2011, and has a Bachelor of Commerce degree, Higher Diploma in Taxation and Masters in Business Administration with distinction for her […]

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