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LATEST NEWS FOR Murray & Roberts Holdings Ltd.  

Murray & Roberts has a long and proud heritage of more than a century and is today recognised as a multinational project life cycle group. It’s the Group’s vision, to be a leading multinational engineering and construction group that applies its ... [more info]

M&R dispute with Middle East client turns ugly

19 Jan 2021 /  Roy Cokayne   6
Bank account of JV in which M&R has 30% stake debited AED474m (R1.95bn) ‘without formal notice’ and paid to client.

A reprieve for the world’s thought followers (that would be us)

18 Jan 2021 /  Ann Crotty   5
Davos delayed – plus a look at trust among citizens and between China and the US, with a word or two about M&R and WBHO as well as Cartrack, Truworths, RCL and Remgro.

Does arbitrage trade still work?

12 Jan 2021 /  Simon Brown    2
Mia Kruger of Kruger International on Murray & Roberts securing an AU$400m contract in Australia. Moneyweb's Ciaran Ryan talks bitcoin collapsing 20%. Bidorbuy CEO Craig Lubbe discusses online shopping trends since the hard lockdown.

M&R subsidiary in Australia lands R4.8bn contract

12 Jan 2021 /  Roy Cokayne  
For a gas processing plant, one of four awards worth R40bn anticipated by the group.

Competition settlement: Only two construction firms up to date on payments

30 Nov 2020 /  Roy Cokayne   3
'Each company must plead its own case for deferment' – Safcec.

Upward trajectories and lines in the sand

19 Oct 2020 /  Ann Crotty   2
M&R's well-timed share awards, PPC's timing tightrope walk, some relief during a torrid time for Ascendis, and time to face the music for more than 5 400 Eskom employees.

Murray & Roberts JV, Balwin results and the importance of ESG standardisation

13 Oct 2020 /  Simon Brown   
Preston Narainsamy of Nedbank Private Wealth on the Murray and Roberts JV. Steve Brooks, CEO of Balwin, talks results and paying a dividend through tough economic times. Shaw Mabuto of SPEAR Capital on ESG standardisation.

M&R JV awarded R18bn contract

13 Oct 2020 /  Roy Cokayne  
In Australia, significantly boosting its future earnings potential.

Rand firms slightly, Steinhoff jumps 36% on $1bn settlement progress

12 Oct 2020 /  Mfuneko Toyana and Nqobile Dludla, Bloomberg  
Bonds firmed, with the yield on the benchmark 2030 paper down 6 basis points to 9.435%.

M&R hit by client notice to draw down R745m in guarantees

4 Sep 2020 /  Roy Cokayne  
But says it is close to resolving the issue.

Simon’s weekly wrap: Corporates defensive, but some are finding their feet

28 Aug 2020 /  Simon Brown  
This week MoneywebNOW looked at which banks are best placed to start paying dividends, why Master Drilling shares are cheap; Murray and Roberts' prospects; income protection and more.

M&R takes R197m earnings knock from low Gautrain ridership

28 Aug 2020 /  Roy Cokayne   1
Expects lower passenger numbers as a result of Covid-19 to negatively impact the group until June 2021.

PSG 3.0, M&R reports a loss and ARC acquires stake in Linebooker

27 Aug 2020 /  Simon Brown   
Mia Kruger of Kruger International on Stadio's results and the new PSG 3.0. Henry Laas, Murray and Roberts CEO, on the pandemic pushing the company into a loss. Linebooker CEO, Naude Rademan, talks ARC taking a stake in the business.

Murray & Roberts voel ook die druk van Covid-19

26 Aug 2020 /  Moneyweb  
Henry Laas – uitvoerende hoof, Murray & Roberts

Gautrain partners take multi-million rand hit from drop in demand

22 Jul 2020 /  Roy Cokayne   23
Ridership as low as 6 000 a day from 10 times that before the lockdown.

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