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Johannesburg, 10 November 2016 – The interim results for the six months ended 31 August announced today by Stefanutti Stocks, the multi-disciplinary construction company operating in South Africa, sub-Saharan Africa and the Middle East, reflects the challenging trading environment with the lack of both private and public infrastructure spend in Southern Africa.
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Johannesburg- Dual-listed Resource Generation (Resgen) is another step closer to the development of its Boikarabelo coal mine in South Africa’s Waterberg region after signing a heads of agreement with a mining contractor.
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This year’s Mandela Day at Madibatlou School in Olifantsfontein marked the celebration of a relationship with construction group Stefanutti Stocks that has, over the past three years, grown from strength to strength. In addition to hundreds of employees participating in a broad-range of renovation activities on Saturday 16 July, the relationship was further cemented by the timely approval of school expansion plans, submitted by Stefanutti Stocks in 2015 to the Gauteng Department of Education.
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Johannesburg, 19 May 2016 – Despite a challenging trading environment, Stefanutti Stocks produced a reasonable performance this financial year. CEO Willie Meyburgh commented: “We are satisfied with the overall performance of the group given the circumstances, and while the South African construction market remains challenging and competition for available work continues to escalate, we have managed to maintain the order book in most of our divisions.”
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“We are more than a construction company,” says Matthew Horwill, managing director of Stefanutti Stocks Civils KZN. “We are in the business that creates and delivers infrastructure. Infrastructure that brings about employment. Infrastructure that facilitates trade and business. Infrastructure that ensures safety, health and security – and ultimately, infrastructure that improves peoples lives.”
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On 25 February 2016 a two-year long construction skills development programme that formed part of a training partnership between the Limpopo Department of Public Works, Roads and Infrastructure (LDPWRI) and multidisciplinary construction group Stefanutti Stocks, culminated in a closing ceremony held at the Meropa Casino and Entertainment World in Polokwane.
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The Port of Durban is the busiest general cargo port in Africa, integral for ensuring that much needed resources can be imported and exported, in doing so keeping the wheels of the South African economy turning.
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12 November 2015 –JSE-listed construction company, Stefanutti Stocks, which operates throughout South Africa, sub-Saharan Africa and the Middle East with multi-disciplinary expertise in the construction industry, today reported a satisfactory set of results for the six months ended 31 August 2015.
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20 May 2015: Stefanutti Stocks reported a sound set of results for the year ended 28 February 2015. Willie Meyburgh, CEO of Stefanutti Stocks, commented: “Although the tough market conditions in the Southern African construction industry prevailed during the past year, we have had a particularly successful year and achieved the targets set under our stated recovery plan for 2015.
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Project Rhino’s Zululand anti-poaching (or ZAP) wing has officially taken delivery of a R200 000 tractor and slasher, donated by Stefanutti Stocks Roads & Earthworks.
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