Benefits of turnaround initiatives starting to emerge – Infrasors

Benefits of turnaround initiatives starting to emerge – Infrasors

JSE-listed Infrasors on Wednesday said its turnaround initiatives were bearing fruit, with headline earnings for the year ended February 28 up 70% to R16.38-million, compared with R9.63-million in the prior financial year. Print Send to Friend 0 0 Revenue rose 3% year-on-year to R337.3-million. The company, in which JSE-listed Afrimat owns 50.7%, noted that although […]

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Transnet announces new leaders for ports, engineering units.

    State-owned freight transport group Transnet has announced that Richard Vallihu has been appointed CEO of Transnet National Ports Authority (TNPA) from April 1, following the retirement of Tau Morwe. Vallihu, who has hitherto headed Transnet Engineering (TE), would be replaced by Thamsanqa Jiyane, who will also join the group executive committee from April […]

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