LATEST NEWS FOR Group Five Ltd.  

Group Five Ltd. is an investment holding company with interests in the building, infrastructural and engineering sectors. The group operates in South Africa, rest of Africa, and Eastern Europe.... [more info]

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.

Five things making headlines in South Africa today

22 Oct 2019 /  Moneyweb  
SAA recalls planes, Pick n Pay results, Hans Klopper denies wrongdoing and more.

Sale of subsidiary saves hundreds of jobs at Group Five

22 Oct 2019 /  Roy Cokayne  
Mauritian-based Teichmann Group takes over its projects operation.

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.

Some respite for Basil Read

9 Oct 2019 /  Roy Cokayne  
Business rescue practitioners still pursuing 'substantial' outstanding claims.

Group Five’s interim CEO resigns

8 Oct 2019 /  Moneyweb   2
BRPs are now implementing the approved plan. As such, they don’t yet foresee appointing a replacement CEO.

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.

Five things making headlines in South Africa today

12 Sep 2019 /  Moneyweb  
Prosus listing kicks off with a bang, creditors approve Group Five business rescue plans, ARC results and more.

Creditors approve Group Five business rescue plans

12 Sep 2019 /  Roy Cokayne   1
Its JSE listing will be terminated and the company wound up.

Five things making headlines in South Africa today

2 Sep 2019 /  Moneyweb   1
Group Five attempts to save internal jobs, Old Mutual, RCL Foods and Bidvest results and more.

Group Five wants its R45m back from government

2 Sep 2019 /  Roy Cokayne   4
Will continue to oppose CompCom referral on charges of collusion.

Group Five: Up to 3 500 jobs to be saved

2 Sep 2019 /  Roy Cokayne  
Listing will be terminated and company wound up if business rescue plans are approved on September 11.

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.

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