Tag: Basil Read

Is there a light at the end of the tunnel for SA’s construction sector?

On Monday this week we saw the collapse of industry giant Group Five as it was put into business rescue with its stock being suspended after it filed for bankruptcy protection. There has been a significant decline of South African construction businesses and for more analysis on the construction industry CNBC Africa is joined by Jason Wilmot, former President of Master Builders Association North and Serfaas Badenhorst, Portfolio Manager at Momentum Securities.

Basil Read CEO outlines turnaround plans

Basil Read CEO outlines turnaround plans

Basil Read bleeds under pressure of weak construction industry but plans turnaround

Basil Read reports H1 net operating loss of R474mn