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]

Aveng execs get R17.7m in bonuses

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

Raubex’s construction focus pays dividends

Renewable energy projects are driving its improved financial performance.

Few signs of building and construction sector crisis abating

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

SA’s corporate meltdown

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

Government owes construction contractors R5.5bn

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

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

Losses more than double at Aveng

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

Rand slips further against dollar

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

Construction industry in survival mode

'An absolute destruction of a sector never before seen on the JSE' – Industry Insight.

Sack the Necsa board before it wrecks the company – union

A once model state-owned company is being ruined by design, say union members.

Value investing and the fine art of negativity

Asking what could go wrong – thinking negatively – helps to reduce the impact of bad decisions and improves the overall returns of a portfolio.

Capitalising on low expectations

A portfolio of businesses the market doesn't expect much from can be described as a collection of businesses at recession-proof prices.

Group Five collapse signals South African construction demise

With thousands of jobs at risk.

Engineers leave SA due to ‘construction mafia’

And Aveng prevented from working on the highest bridge on the continent. Desperate contractors appeal to Ramaphosa for help.

Five things making headlines in South Africa today

Bracing for Moody's rating, Adcock Ingram, Woolworths and Discovery results, Aveng trading statement.

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