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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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Aveng execs get R17.7m in bonuses

Aveng execs get R17.7m in bonuses

Larry Claasen /
20 December 2019
  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

Roy Cokayne /
12 November 2019
  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

Roy Cokayne /
18 October 2019
  2
Civil engineering segment sees confidence slump to record low in Q2.
Some respite for Basil Read

Some respite for Basil Read

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

Government owes construction contractors R5.5bn

Roy Cokayne /
19 September 2019
  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

Roy Cokayne /
18 July 2019
  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

Larry Claasen /
25 June 2019
  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

Ray Mahlaka /
24 May 2019
  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

Ciaran Ryan /
7 May 2019
  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

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

Capitalising on low expectations

Richard Court /
22 March 2019
  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

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

WBHO local order book drops drastically

Antoinette Slabbert /
5 September 2018
  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

Antoinette Slabbert /
22 August 2018
Rescue plan tabled.
Esor submits construction subsidiary to business rescue

Esor submits construction subsidiary to business rescue

Ray Mahlaka /
14 August 2018
  4
Adds to a growing list of construction firms that are fighting off liquidation.

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