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]

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.

Some respite for Basil Read

Business rescue practitioners still pursuing 'substantial' outstanding claims.

Government owes construction contractors R5.5bn

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

Construction industry in survival mode

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

SA’s jobs market gets tight

It's becoming harder to stay employed in South Africa.

The investment firm that sunk Peter Moyo to suspension status

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

By sticking to SA and diversifying into mining.

What government should do to save the construction sector

Capital budgets are not being spent.

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.

Just 17 staff left at Basil Read HQ

Down from 98 as amendments to business rescue plan mooted.

WBHO local order book drops drastically

Share price down despite 'credible results'.

Basil Read: mining could be sold to save construction

Rescue plan tabled.

Esor submits construction subsidiary to business rescue

Adds to a growing list of construction firms that are fighting off liquidation.

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