Tirisano Construction Fund to institute legal action against Aveng
Group has defaulted on its last three annual payments to the fund.
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Group has defaulted on its last three annual payments to the fund.
CIDB abandons anti-competitive activity disciplinary action against eight companies.
Social infrastructure programmes granted more than twice as much of the R288m pot than black contractors.
Says the Voluntary Rebuilding Programme they are signatories to has not benefitted the broader sector.
In his 23 years at Raubex, CEO Rudolf Fourie has not entered a year with such a sense of both opportunity and unease. Opportunity, because the government’s promised investment in infrastructure is showing promising green shoots — and Raubex stands to benefit. Unease, because the external risks, over which Fourie and his team have no control, have escalated dramatically. “Government’s intention is to invest in infrastructure to get the economy moving. But what none of us knows is to what extent the second wave of Covid will impact on the economy.” It is this uncertainty that is cre...