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Topic - Basil Read
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Aug 28, 2014
Construction, mining, development and engineering group Basil Read late on Wednesday posted heavy losses for the six months to June, as lossmaking contracts, a “difficult” contractual environment, labour unrest and slow infrastructure spend weighed on the JSE-listed...
Aug 21, 2014
Construction, mining, development and engineering group Basil Read on Thursday announced that it expected a loss a share for the six months ended June 30, of between 131.18c and 160.33c, compared with the 198.28c earnings a share in the prior corresponding period....
Aug 15, 2014
The South African National Roads Agency Limited’s R637-million rehabilitation project of the R23, from Standerton to Greylingstad, in Mpumalanga, is due for completion by the end of 2015.
Aug 01, 2014
DEVLAND COMMUNITY EDUCATION CAMPUS The superstructure, which includes construction of the foundations and raising the support columns for the concrete roof, is currently under construction
South Africa and US-based nonprofit organisation Growing Up Africa (GUA) formed a collaboration in the building industry for the construction of a multipurpose education campus, the Devland Community Education Campus, in Soweto. The building is primarily funded...
Jul 28, 2014
Basil Read CEO Neville Nicolau
Construction, mining, development and engineering group Basil Read on Monday announced the appointment of Neville Nicolau as CEO and executive director of the company as from September 1. Nicolau, a former CEO of Anglo American Platinum and a former COO and executive...
Jun 27, 2014
PRASA RESIGNALLING PROJECT The project involves the resignalling of 260 km of double-track and 42 major train stations on the Durban commuter rail network
The Bombardier Africa Alliance (BAA) consortium is currently in the design phase of the Durban portion of State-owned rail operator the Passenger Rail Association of South Africa’s (PRASA’s) national resignalling project. The project involves the resignalling of 260...
May 12, 2014
Basil Read outgoing CEO Marius Heyns
Construction, mining, development and engineering group Basil Read on Monday announced the appointment of two senior executives at subsidiary level with immediate effect. The company had appointed former diamond miner De Beers principle process engineer and head of...
Mar 28, 2014
The South African National Roads Agency has awarded Roadcrete Africa the contract for the rehabilitation of the R23 national road.
Mar 27, 2014
Mar 26, 2014
Mar 20, 2014
Mar 03, 2014
 
 
 
Feb 21, 2014
Construction has started on the new R300-million road infrastructure in the city’s western suburbs.
Feb 07, 2014
Main Activity of the Company: Import and distribution of construction and mining machinery, and the provision of aftersales services and support through a local distributor network Date and Place of Birth: 5 February 1974, Johannesburg Education: ...
Dec 03, 2013
Basil Read, the JSE-listed construction and engineering group today announced that it will not renew its sponsorship of the Ford Rally team for the 2014 year due to a realignment of the Group’s marketing and promotions objectives. Basil Read has been a sponsor of...
Nov 18, 2013
JSE-listed construction and engineering group Basil Read has been awarded two contracts for additional work on the St Helena Airport project. The first contract, valued at R244-million, would entail the design and construction of a permanent wharf in Rupert’s Bay,...
Nov 01, 2013
Construction company Basil Read has completed 60% of an access road to the second-largest uranium mine in the world, Husab mine, in Namibia, reports Basil Read MD Dave Bennett.
Nov 01, 2013
The the rehabilitation project of a section of national road R23, between Standerton and Greylingstad, in Mpumalanga, is 8% completed and expected to be complete in June 2016, says Roadcrete Africa, a 100% subsidiary of construction and engineering group Basil Read.
Oct 11, 2013
Construction group Basil Read and the Housing Impact Fund of South Africa have signed the final approvals for Savanna City.
Sep 30, 2013
JSE-listed construction and engineering group Basil Read’s Roads division has been awarded a R240-million contract to build the New Redhouse Chelsea Interchange in Port Elizabeth. The contract, which was awarded by the South African National Roads Agency, will entail...
Sep 04, 2013
Construction group Basil Read and the Housing Impact Fund of South Africa (HIFSA) have signed the final approvals for South Africa’s largest privately initiated integrated, mixed-use housing development, Savanna City. Construction on the R24.5-billion development, to...
Aug 29, 2013
Basil Read CEO Marius Heyns
The head of JSE-listed construction group Basil Read says he remains “upbeat” about the prospects for a recovery in the South African project economy, especially from the second half of 2014. However, Marius Heyns tells Engineering News Online that the group is also...
 
 
 
 
Aug 16, 2013
LIGHT-STEEL-FRAME HOUSINGLight-steel-frame building offered the best solution for creating a village on Saint Helena islan
A workers accommodation project, which used the light-steel frame building (LSFB) method on Saint Helena island, in the South Atlantic Ocean, about 1 770.2 km west of Luanda, Angola, and the new office building of banking firm Standard Bank in Rosebank, Johannesburg,...
Aug 14, 2013
Basil Read CEO Marius Heyns
Construction group Basil Read has informed the market that its earnings will be sharply higher for the interim period to June 30, 2013, owing to the profit realised from the disposal of TWP Holdings and an overall improvement in its operational performance. The...
Aug 01, 2013
Former Basil Read deputy CEO Donny Gouveia
Donny Gouveia has resigned as the deputy CEO of Basil Read to pursue an opportunity in the construction/financial services industry, the JSE-listed group said on Thursday. Gouveia, whose resignation is effective from July 31, joined Basil Read 12 years ago. He...
Jul 17, 2013
Namibian copper miner Weatherly International is concluding the final documentation stage with Red Kite for an $80-million debt facility for the development of the 70 000 t/y Tschudi solvent extraction and electrowinning copper project. The Aim-listed miner pointed...
Jul 12, 2013
The Trans-Kalahari Highway is about to experience a massive investment of about N$1.3-billion with the creation of Route 301, linking Gobabis directly to Grootfontein, thus enhancing the Trans-Caprivi Highway as well.
Jul 12, 2013
The Roadcrete Africa division of JSE-listed construction and engineering group, Basil Read, has been awarded a contract by the South African National Roads Agency for the rehabilitation of 26 km of the R23 national road between Platrand and Standerton, in the Lekwa...
Jun 28, 2013
Engineering and construction group Basil Read has confirmed that the dispute between it and engineering solutions provider Gast will be resolved through arbitration.
Jun 21, 2013
Medupi
Engineering and construction group Basil Read on Friday confirmed that a dispute between it and engineering solutions provider Gast, its subcontractor on the Medupi power station construction project, would be resolved by way of arbitration. This followed accusations...
Jun 03, 2013
Engineering and construction group Basil Read on Monday announced the appointment of Pieter Marais as financial director, effective immediately. Marais would replace outgoing financial director Donny Gouveia, who had resigned from the position to continue in the...
Mar 29, 2013
The rehabilitation project entails the reconstruction of national road R23 from Standerton to Greylingstad, in Mpumalanga.
 
 
 
 
Mar 15, 2013
JSE-listed construction, mining, development and engineering group Basil Read has named Bruce Morton as its special projects and construction executive director. Morton is a transportation and engineering specialist with extensive experience in airport, road and rail...
Mar 13, 2013
Basil Read Matomo, subsidiary of Basil Read, the JSE-listed construction, mining, development and engineering group, today announced the opening of a new office in Cape Town
Mar 08, 2013
The requisite majority of Basil Read shareholders on Friday approved the disposal of TWP Holdings to WorleyParsons South Africa for R900-million in cash.. The deal excluded Basil Read Matomo Projects, TWP Investments and LYT Architecture, formerly known as TPS.P...
Mar 06, 2013
South African construction firm Basil Read on Wednesday said nearly all conditions precedent related to the sale of TWP to WorleyParsons South Africa for R900-million had been met. The only outstanding condition was the approval of the deal by Basil Read...
Feb 04, 2013
Construction group Wilson Bayly Holmes Ovcon (WBHO) on Monday “strongly” rejected any suggestion of criminal behaviour as media reports emerged over the weekend claiming extensive fraud, corruption and “illegal business operations” within the construction sector....
Jan 25, 2013
South African construction firm Basil Read, which is the largest privately owned company currently operating on St Helena Island, a British overseas territory in the South Atlantic Ocean, currently employs about 350 people in the construction of the R3.5-billion St...
Jan 21, 2013
JSE-listed construction and engineering group Basil Read was awarded a R279-million contract to rehabilitate section four of the N5 between Vaalpensspruit and Winburg, in the Free State, the company announced on Monday.
Dec 18, 2012
JSE-listed construction company Basil Read has been awarded a contract to build a 22 km road to Swakop Uranium’s new R12-billion Husab mine project in Namibia. The construction of the R193-million road is expected to be completed in February 2014. Eleven metres...
Dec 18, 2012
The contract has been awarded for a new access road road to Swakop Uranium’s new R12-billion Husab uranium mine project 50 km east of Swakopmund in Namibia. JSE-listed construction company Basil Read has won the R193-million contract to build the 22 km road in 15...
Dec 11, 2012
December marks the one-year anniversary since the start of construction at the St Helena airport project, which will dramatically improve the remote Atlantic Ocean island’s connection to the rest of the world. Marius Heyns, the CEO of South African construction group...
 
 
 
 
Dec 10, 2012
Basil Read, the JSE-listed construction group, carried out the largest blast on St Helena Island on 16 November 2012 in preparation for the commencement of the airport construction as part of the St Helena Airport Project
Nov 06, 2012
JSE-listed construction group Basil Read has appointed former Development Bank of Southern Africa CEO Paul Baloyi as nonexecutive director to its board, effective November 2. Baloyi has more than 26 years of banking experience, the company said, adding that his...
Nov 02, 2012
As bitumen shortages continue to impact on the road construction industry, construction company Basil Read believes the use of concrete is a viable alternative construction material that offers long-term benefits.
Oct 23, 2012
South African construction and engineering company Basil Read on Tuesday announced it would sell TWP Holdings to WorleyParsons for R900-million in cash – a move which CEO Marius Heyns said would allow the group to concentrate on its core business and sharpen its...
Aug 31, 2012
Despite logistical challenges, construction of the airport on the remote island of St Helena, in the Atlantic Ocean, was well under way, South African construction company Basil Read project director Jimmy Johnston said Friday. The JSE-listed group was awarded the...
 
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