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murray amp robertslatest news & developments
Still running: The high-speed rail network is being saved from financial difficulty by a confidential patronage guarantee agreement Bombela struck with the Gauteng government. Photo: Waldo Swiegers/Bloomberg via Getty

Covid-19’s work-from-home plans hit Gautrain

Bombela says a rebound hinges on vaccine and return-to-work developments and that money from government to cover the shortfall is capped

Murray & Roberts’ fund manager Allan Gray has supported Aton’s decision to acquire the shares

Investors dive into Murray & Roberts as Germany’s Aton makes takeover bid

German firm Aton intends to make Murray & Roberts an offer at R15 a share to all the group’s shareholders

The Cape Town Stadium

Competition Tribunal unearths more construction price rigging

Construction firm Murray & Roberts will have to pay another R64-million in penalties for tender collusion on projects including the Cape Town Stadium.

M1 bridge collapse kills two

At least two people have died after a temporary bridge over the M1 highway in Sandton, Johannesburg, collapsed.

CALS said it had released a statement because it wanted to “to deal openly with reports of sexual harassment and so begin to make our spaces more supportive and safer”. (Graphic: John McCann)

Ripping off the state can be big business

Government is allowing the construction firms that colluded on mega-state projects to get off lightly, writes Lloyd Gedye.

Khato Civils sanitation project in Giyani shows the company’s focus on delivering clean water for development. Photo: Supplied

Government wants more payments from colluding World Cup builders

The economic development minister says government is seeking a restitution package from colluding construction firms following a R1.5-billion fine.

Numsa workers participating in a work stoppage that began last Monday.

Numsa ‘close to agreement’ to end strike

SA’s biggest metals union is verging on a wage agreement with employers one week after embarking upon a strike, the department of labour says.

Developers believe the new legislation could stimulate economic activity

WBHO gets off lightly but Murray & Roberts left to stew

Construction company WBHO got off lightly for collusive tendering. But co-accused, Murray & Roberts’s Concor company, will not be as lucky.

Infrastructure projects across the African continent mean big bucks for Barloworld

Construction: Collusion may be the industry’s fatal flaw

The state has been caught between a brick and a hard place in its crackdown on long-running cartels in South Africa’s construction industry.

Several state infrastructure projects have been halted

State tender delays hurt construction

Recent results from South Africa’s biggest construction firms have made it clear that delays in issuing large tenders are hurting the sector.

Mining shock rocks Zimbabwe

Mining shock rocks Zimbabwe

Zimbabwe has sacrificed one of its brightest hopes for economic recovery with its hardened approach on the takeover of foreign-held mines.

Building collusion brick by brick

For those who suspected that the feel-good times of June last year would in time bring some nasty hangover after the party, here it is.

Murray & Roberts ‘privileged’ to be part of Chile mine rescue

South African company Murray & Roberts on Wednesday said it was privileged to be part of the Chilean mine-rescue process.

Murray & Roberts pulls out of R5bn Dubai contract

SA firm Murray & Roberts has pulled out of a R5-billion contract in Dubai after failing to finalise ”acceptable” terms with a client.

Murray & Roberts to cut 1 400 jobs

Murray & Roberts is planning to lay off 1 400 workers as tough economic conditions limit the firm’s ability to expand, it was reported on Thursday.

Showing CEOs the money

Remuneration report shows chief executives are rolling in it.

Why China trumps SA

China is proving a much more effective player in Africa than South Africa, writes Lynley Donnelly.

Ready to roll in Nigel

Mbhazima Shilowa was in Derby this week to take delivery of the first Gautrain carriages, but the focus will soon shift to the East Rand town of Nigel

Mining counters give JSE momentum

Mining counters gave the JSE some extra momentum on Wednesday, pushing the bourse more than a percent higher by midday. At noon, the JSE’s broader all-share index was 1,29% in…

Resources buoy JSE

The resources index kept the JSE in firmer territory by midday on Friday, enhancing the morning session’s gains. At noon, the JSE’s broader all-share index was up 1%, driven by…