RaubexInfra

At least five N2, N3 tenders to open by ...

Monday, 01 July 2019

At least five tenders for the upgrade of the N3 and N2 highways in KwaZulu-Natal will go out before the end of South African National Road Agency Limited's Sanral’s current financial year, Sanral Eastern Region design, planning and construction manager Ravi Ronny told a business briefing roadshow at Durban’s King’s Park Stadium on Thursday. Due to the length and estimated R30-billion cost of both upgrades, the corridor has been split into a number of detailed design and construction packages each valued at about R1-billion.The upgrade of the 80-km-long N3 corridor between Durban and Pietermaritzburg accounts for 14 packages and the 55 km stretch of the N2 between Isipingo and the Dube...

At least five tenders for the upgrade of the N3 and N2 highways in KwaZulu-Natal will go out before the end of South African National Road Agency...

Ramaphosa consolidates economic cluster ...

Thursday, 30 May 2019

The 28-member streamlined Cabinet unveiled by President Cyril Ramaphosa on Wednesday night includes a new-look economic cluster, which consolidates the departments of Trade and Industry and Economic Development, as well as the departments of Mineral Resources and Energy.As was widely anticipated, Ramaphosa reappointed Tito Mboweni as Finance Minister and retained Pravin Gordhan as Public Enterprises Minister. Dr David Masondo was appointed as Deputy Minister of Finance. The President also confirmed that David Mabuza would be Deputy President. Former Economic Development Minister Ebrahim Patel was named Trade and Industry Minister, while Gwede Mantashe was appointed Minister of Mineral...

The 28-member streamlined Cabinet unveiled by President Cyril Ramaphosa on Wednesday night includes a new-look economic cluster, which consolidates...

Release of updated IRP imminent, says Ra...

Wednesday, 15 May 2019

Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan IRP , which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly".He told delegates attending the African Utility Week and PowerGEN Africa forum, in Cape Town, on Tuesday, that the government was still in the process of engaging with its social partners at the National Economic Development and Labour Council, but emphasised that the update was imminent. “Cabinet's approval of the IRP for South Africa will define a tangible plan for energy security that also enables the participation of independent power producers IPPs side by side with Eskom and...

Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan IRP , which reflects the government’s policy blueprint for...

Raubex Group Limited - Audited results f...

Monday, 13 May 2019

Raubex Group Limited Incorporated in the Republic of South Africa Registration number 2006/023666/06Share code: RBXISIN Code: ZAE000093183 "Raubex" or the "group" Audited results for the year ended 28 February 2019Salient featuresRevenue down 0,3% to R8,52 billion 2018: R8,54 billion Operating profit down 69,2% to R207,0 million 2018: R671,9 million HEPS down 75,1% to 57,0 cents per share 2018: 228,6 cents per share Cash generated from operations down 24,1% to R788,9 million 2018: R1,04 billion Capex spend of R420,9 million 2018: R441,3 million Order book of R8,01 billion 2018: R8,19 billion Final dividend of 22 cents per share declared 2018: 33 cents Rudolf Fourie, CEO of Raubex Group,...

Raubex Group Limited Incorporated in the Republic of South Africa Registration number 2006/023666/06Share code: RBXISIN Code: ZAE000093183 "Raubex"...