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LATEST NEWS FOR Stefanutti Stocks Holdings Ltd.  

Stefanutti Stocks, a construction company operates throughout South Africa, sub-Saharan Africa and the united Arab Emirates with multidisciplinary expertise including concrete structures, marine construction, piling and geotechnical services, roads a... [more info]

Stefanutti Stocks makes slow progress with Eskom claims and disputes

26 Nov 2021 /  Roy Cokayne  
Reports another loss despite some progress with the implementation of its restructuring plan.

Best performing shares since January

15 Jun 2021 /  Adriaan Kruger   6
But you might want to take some of these figures with a big pinch of salt.

Stefanutti Stocks auditors raise ‘going concern’ doubt

28 May 2021 /  Roy Cokayne   4
After group incurs net loss of R290m, with current liabilities exceeding current assets by R1.3bn.

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.

Construction sector collusion and bid-rigging settlement agreement in trouble

27 Nov 2020 /  Roy Cokayne   2
Stefanutti Stocks wants to negotiate a deferment of this year’s instalment with government.

Stefanutti Stocks cuts some losses and the rise of telemedicine

13 Nov 2020 /  Simon Brown   
Deryck Janse van Rensburg of Anchor Capital on MultiChoice results and Stefanutti Stocks issuing a disposal programme to sell some operations. PwC's James Mackay on the acceleration Covid-19 has had on the pace of energy transitions. Marc Knowles of Ollie Health talks their telemedicine app.

New twist in R429m civil damages claim against construction companies

28 Sep 2020 /  Roy Cokayne   8
Claim against WBHO, Aveng and Stefanutti Stocks relates to collusion and bid-rigging ahead of 2010 Fifa World Cup.

Eskom COO Jan Oberholzer cleared and vindicated

21 Sep 2020 /  Chris Yelland   7
By Eskom report as well as court judgment, while so-called whistleblower eyeing millions is 'taking legal advice on this matter'.

Construction firm Stefanutti Stocks hit by cyberattack

2 Sep 2020 /  TechCentral  
It discovered the attack on its IT systems in the early hours of Monday morning.

Stefanutti Stocks reports more than R1bn loss

31 Jul 2020 /  Roy Cokayne   6
And raises R1.18bn in provisions, including a further R462m for controversial Kusile contract.

Basil Read CEO not losing any sleep over alleged R1bn overpayment by Eskom

13 Jul 2020 /  Roy Cokayne   3
Power utility believed to have overpaid contractors at Kusile by almost R4bn.

Covid-19 disrupts Group Five’s business rescue process

8 May 2020 /  Roy Cokayne   1
First distribution delayed and sale of Everite suspended.

Eskom: Investigation exonerates COO

15 Apr 2020 /  Larry Claasen   1
No evidence of 'corruption, dishonesty, abuse of power'.

Eskom graft probe widens into contracts with global partners

16 Mar 2020 /  Antony Sguazzin, Bloomberg   4
Multi-million rand contacts that have escalated into the billions laid bare.

Stefanutti Stocks breaks silence on alleged payments to enrich Eskom officials

2 Dec 2019 /  Roy Cokayne   10
Says it has engaged with the authorities about its 'slush fund' contribution.

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