Stefanutti, WBHO and Aveng settle multi-million-rand City of Cape Town civil damages claim
Each will pay R31.5m over the next three years for collusion and bid-rigging on Green Point Stadium project.
Source: moneyweb.co.za
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Each will pay R31.5m over the next three years for collusion and bid-rigging on Green Point Stadium project.
Construction company Basil Read entered into business rescue in June 2018, the process is still ongoing.
Basil Read has fallen victim to a targeted criminal ransomware attack on its IT systems, the JSE-listed construction company announced.
The extent to which sensitive data has been compromised is as yet unknown.
Since inception, the portfolio has managed to achieve a compound annual growth rate, the primary indicator of performance, of over 20%.