The chief executive said there was a culture in Australia not to enrich yourself on behalf of somebody else if there was a genuine mistake.
Setbacks impacted the cash flow estimated at the beginning of the business rescue process and increased the liquidity constraints on the business.
Sanral chief executive Skhumbuzo Macozoma claims the Aveng-Stabag Joint Venture abandoned the Mtentu River Bridge contract on the Wild Coast.
Transport Minister Blade Nzimande has unveiled a R13 billion road infrastructure programme, comprising a number of packages in several provinces.
The group declared a distribution a share of 60?cents for the year to December, which was in line with its guidance to the market.
BAIC in July held what it described as a ?milestone event? to prepare for semi-knocked down (SKD) production of vehicles at the plant.
The South African infrastructure market was in crisis, says financially troubled listed construction and engineering group Aveng.
The first-time homebuyers pilot project announced in the Budget has been welcomed by the property industry.
Locally manufactured vehicles will probably get cheaper relative to imported vehicles in terms of the budget proposal to align the tax treatment.
Duty?payable?on?average?cars?includes?import?duties,?ad?valorem?tax, VAT, the CO2?tax on emissions and tyre levy.
Japanese parent company to make a decision this year about the manufacture in South Africa of the replacement model to its current D-Max bakkie.
Chief executive Henry Laas on Friday said he believed the outcome of the arbitration on the multi-million-rand claim ?could be significant for M&R?.
M&R chief executive Henry Laas believes the hostile takeover bid for the listed engineering and construction group Aton was likely to be successful.
A new R4. 5?billion office complex is to be developed in the western precinct of the OR Tambo International Airport in the first of seven phases,
Production has commenced of the new Ford Ranger at the vehicle manufacturer?s assembly plant in Silverton in Pretoria after R3bn investment.
Group to start small and ramp up as demand increases with the green-mobility revolution gaining momentum.
This follows MSC Sports entering into a settlement agreement with the Competition Commission, which was confirmed by the Tribunal on Wednesday.
A construction company has been fined R4?million for engaging in collusive tendering on a project for the construction of a depot for Batsa.
The company said on Tuesday that the engagements were meant to ensure the sustainability of the domestic industry and market stabilisation.
New passenger car sales hit the skids last month, slumping by 10. 8?percent to 29?040 unit sales from the 32?552 cars sold in January last year.
Chief executive Themba Mosai leaves as the company is rocked by financial losses and contractual disputes.
Group Five said on Wednesday that payment was made by its bank guarantee providers on the basis of the legal requirements of on-demand bonds.
VW has signed MoU with Ethiopian government on collaborating and delivering a joint vision for the establishment of a motor industry in that country.
New vehicle prices increased by 2. 5% year on year in the fourth quarter of 2018 and were below the inflation rate for the sixth consecutive quarter.
Tower said the delay, for reasons outside of the company's control, would impact distributions for these periods.