Latest news for Aveng Ltd. (JSE:AEG)

LATEST NEWS FOR Aveng Ltd.

Aveng’s primary geographic markets are South Africa and sub-Saharan Africa, Australasia and Southeast Asia. As the Group transitions to an international infrastructure and resources business, its main market sectors will be contract mining in sub-... [more info]

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Aveng secures Au$1bn in contracts this year

15 May 2020 / Roy Cokayne 5

And settling two long-standing claims releases Au$41.5m cash to the group.

Covid-19 disrupts Group Five’s business rescue process

8 May 2020 / Roy Cokayne 1

First distribution delayed and sale of Everite suspended.

Sanral optimistic about its construction tenders proceeding

6 May 2020 / Roy Cokayne 3

Industry is less confident – although it would be a life raft for the floundering sector.

Grinaker-LTA’s new owners confident it will meet turnover targets

28 Apr 2020 / Roy Cokayne 5

Payments to Aveng for the business 'not affected' for now.

Aveng lodges R40m claim against Eskom

15 Apr 2020 / Roy Cokayne 6

For non-payment related to Majuba rail contract.

Aveng to stop mining activities during South Africa lockdown

26 Mar 2020 / Nqobile Dludla, Reuters 1

'Revenue will be reduced through this period until projects restart'.

Aveng: State’s approach to construction mafia is ‘contradictory’

26 Feb 2020 / Roy Cokayne 15

Government moots using Prevention of Organised Crime Act; listed group claims Sanral wants to pass all the risk onto contractors.

Aveng execs get R17.7m in bonuses

20 Dec 2019 / Larry Claasen 14

Troubled construction group says board approved incentives for top trio that were 'based on clearly defined performance criteria'.

Raubex’s construction focus pays dividends

12 Nov 2019 / Roy Cokayne 1

Renewable energy projects are driving its improved financial performance.

Few signs of building and construction sector crisis abating

18 Oct 2019 / Roy Cokayne 2

Civil engineering segment sees confidence slump to record low in Q2.

SA’s corporate meltdown

17 Oct 2019 / Peter Armitage 34

Why these 20 high-profile companies' share prices have tanked, with billions of rands vaporised.

Government owes construction contractors R5.5bn

19 Sep 2019 / Roy Cokayne 33

Paying late – or not at all – is leading to job losses and business failures.

Aveng institutes legal action against SOE for non-payment of R50m

30 Aug 2019 / Roy Cokayne 10

Group expects to achieve an operating profit in second half of 2020 financial year.

Losses more than double at Aveng

29 Aug 2019 / Onke Ngcuka, Reuters 4

Construction company reports a net operating loss of R1.1bn for the year to June 30.

Rand slips further against dollar

7 Aug 2019 / Moneyweb

However, the gold counters picked up as the gold price hit $1,500/oz.

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