Construction firm Erbacon Investment Holdings, which yesterday posted an 18% increase in headline earnings per share to 22,87c for the six months ended August, said it remained optimistic that public sector infrastructure spend would maintain sizeable momentum over the medium

A good quality property portfolio spread across retail, offices and industrial assets is paying handsomely for the listed property unit trust, Fountainhead Property Trust, which posted a 8,1% rise in net distributions per unit to 52c for the year to

COAL of Africa (CoAL) is planning to raise about R720m in a share placing to fund its proposed acquisition of unlisted junior miner NuCoal Mining.

South Africa's state-owned utility Eskom's Chief Executive Officer Jacob Maroga has denied that he was asked to resign by the utility's board.