Many investors haven't heard of the accrual ratio from cashflow, but it is actually a useful measure of how well a company's profit is backed up by free cash flow (FCF) during a given period. To get ...

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In what was South Africa’s biggest event since the 2010 FIFA World Cup, Nelson Mandela’s memorial was nothing short of monumental, both in terms of the massive crowd that descended upon FNB Stadium, ...

JSE-listed construction and engineering group Aveng is to embark on a rights offer – the second in the past two years – to raise a minimum of R300 million as part of a plan to restructure its debt and ...

JSE-listed construction and engineering group Aveng is continuing to explore the possibility of obtaining an international listing, possibly in Australia. However, Aveng group financial director ...

JOHANNESBURG, Jan 26 (Reuters) - South African construction and resources company Aveng (AEGJ.J), opens new tab aims to raise 300 million rand ($20 million) through a fully co-underwritten rights ...

The listed construction and engineering firm Aveng placed R2bn in convertible bonds‚ maturing in 2019‚ with institutional investors at a coupon rate of 7.25%. Kobus Verster, Aveng's new Chief ...

Aveng’s Australian subsidiary McConnell Dowell has won contracts to the value of Au$1 billion since end-December. This is not the only good news for the troubled infrastructure and resources group, as ...

While South African President Cyril Ramaphosa is talking about reviving infrastructure spend as a way to catalyse growth in the economy, construction engineering company Aveng has almost completed its ...

Listed construction and engineering group Aveng has been fined R46,3-million — in terms of a consent agreement — for collusion, the Competition Commission said on Friday. This followed an ...

Johannesburg - Aveng [JSE:AEG] CEO Roger Jardine has resigned due to a "very taxing" investigation by the Competition Commission, he announced on Wednesday. "It has been a privilege working for an ...

Aveng has found a potential buyer for its subsidiary Trident Steel after technical issues about its classification weighed heavily on the JSE-listed construction group's performance and share price.