Open-cast mining contractor and building materials distributor Buildmax has reported a 15% rise in headline earnings per share to 32.9c ifor the year to March. Read more >>
The South African cement market will again receive a capacity boost with the entrance of Mamba Cement‚ which is being partly funded by Chinese capital. Read more >>
Shipping and logistics group Grindrod has been a big spender on infrastructure for some time. Growing its network of port and rail operations allows the group to diversify away from international shipping, a notoriously cyclical business. Read more >>
A new vehicle assembly plant, building buses for the Putco commuter transport company, is due to start production in July. The operation, a joint venture between Putco shareholder Larimar and Italian-owned truck and bus company Iveco SA, will create up to 1,000 jobs. Read more >>
ALTX-listed Rockcastle Global Real Estate‚ one of the Resilient group's rand-hedge property companies‚ said its African operations were on track‚ as it released financial results for the nine months to March. Read more >>
Century City‚ the mixed-use precinct anchored by mega-mall Canal Walk near Milnerton in Cape Town‚ is undergoing a R4.3bn development boom‚ which will expand the live‚ work‚ stay‚ shop and play hub by 25%. Read more >>
Ingenuity Property Investments‚ which has a core focus on buying and developing properties in the Western Cape‚ has raised its headline earnings per share 121% to 2c in the six months to February‚ against 0.9c for the comparable period last year. Read more >>
Feasibility studies for South Africa and Swaziland's proposed R17bn rail link are still underway‚ pushing its construction out until at least 2017‚ Transnet Freight Rail General Manager Cleo Shiceka said. Read more >>
