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LATEST NEWS FOR Basil Read Holdings Ltd.  

Basil Read Holdings Ltd. is active in opencast mining, civil engineering, mixed-use integrated housing developments, roads construction, buildings and related services in the Republic of South Africa as well as select African countries.... [more info]
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The construction mafia moves to the townships

The construction mafia moves to the townships

2 Mar 2020 /  Ciaran Ryan   11
And how one consultant got them to leave.
Aveng execs get R17.7m in bonuses

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

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

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.
Some respite for Basil Read

Some respite for Basil Read

9 Oct 2019 /  Roy Cokayne  
Business rescue practitioners still pursuing 'substantial' outstanding claims.
Government owes construction contractors R5.5bn

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.
Construction industry in survival mode

Construction industry in survival mode

18 Jul 2019 /  Roy Cokayne   23
'An absolute destruction of a sector never before seen on the JSE' – Industry Insight.
SA’s jobs market gets tight

SA’s jobs market gets tight

25 Jun 2019 /  Larry Claasen   30
It's becoming harder to stay employed in South Africa.
The investment firm that sunk Peter Moyo to suspension status

The investment firm that sunk Peter Moyo to suspension status

24 May 2019 /  Ray Mahlaka   6
Old Mutual’s business dealings with NMT Capital, an investment firm linked to Moyo, resulted in a 'material breakdown in trust and confidence'.
Afrimat shines in a broken sector

Afrimat shines in a broken sector

7 May 2019 /  Ciaran Ryan   2
By sticking to SA and diversifying into mining.
What government should do to save the construction sector

What government should do to save the construction sector

27 Mar 2019 /  Deon van Zyl   10
Capital budgets are not being spent.
Capitalising on low expectations

Capitalising on low expectations

22 Mar 2019 /  Richard Court   2
A portfolio of businesses the market doesn't expect much from can be described as a collection of businesses at recession-proof prices.
Just 17 staff left at Basil Read HQ

Just 17 staff left at Basil Read HQ

25 Jan 2019 /  Antoinette Slabbert   6
Down from 98 as amendments to business rescue plan mooted.
WBHO local order book drops drastically

WBHO local order book drops drastically

5 Sep 2018 /  Antoinette Slabbert   14
Share price down despite 'credible results'.
Basil Read: mining could be sold to save construction

Basil Read: mining could be sold to save construction

22 Aug 2018 /  Antoinette Slabbert  
Rescue plan tabled.

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