Jamestown the quiet capital of St Helena
Namibian cement company Ohorongo cement has secured a three-year contract with construction firm Basil Read for the supply of cement for the building of a new airport on the British overseas territory of St Helena in the South Atlantic Ocean, over 1900km from the Namibian coast.
In November 2011 Basil Read secured a 300 million dollars contract from the British Government to build an airport on the island. The island, one of the most remote locations on the planet, is currently supplied by boat.
Ohorongo said that it was very excited about supplying cement to the project. The company will export the cement in 1.5t bulk-bags packed into 20ft containers by means of a 3.000t vessel. It will operate between St Helena and Walvis Bay, Namibia on a three week cycle.
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Aveng enjoys first interim headline profit since 2014 One of the few infrastructure firms left standing, it saw a R314m improvement in headline earnings end-December 2020 BL PREMIUM
UPDATED 23 February 2021 - 13:52
Infrastructure and resources group Aveng has swung into an interim headline profit for the first time since 2014, largely due to state support and a resilient market in Australia, and is upbeat about its ability to win new contracts after years of intense focus on its core businesses.
Aveng is among a few infrastructure companies left standing after an industry-wide slump led to the collapse of peers such as Group Five and Basil Read, thanks to its geographic diversification and sharper focus on providing services to mines.
Australia
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