Tag: eric diack

Aveng narrows FY loss in 2018

Aveng narrowed its annual loss in 2018 and reduced its debt by R1.5 billion. It says it’s still a going concern for the next 12 months despite the botched acquisition by Murray & Roberts, that many believed was its lifeline. CNBC Africa’s Fifi Peters discussed the results and the failed acquisition with Aveng Chair & CEO, Eric Diack.