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Aveng - Wikipedia
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</div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Engineering company</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Aveng Limited</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Aveng_Logo.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/e/ec/Aveng_Logo.jpg/100px-Aveng_Logo.jpg" decoding="async" width="100" height="64" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/e/ec/Aveng_Logo.jpg/150px-Aveng_Logo.jpg 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/e/ec/Aveng_Logo.jpg/200px-Aveng_Logo.jpg 2x" data-file-width="393" data-file-height="253" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data">(<a href="/wiki/JSE_Limited" title="JSE Limited">JSE</a>: <a rel="nofollow" class="external text" href="https://www.jse.co.za/search?keys=AEG&f%5B0%5D=instrument_type%3A853">AEG</a>)</td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Mining" title="Mining">Mining</a>, <a href="/wiki/Construction" title="Construction">Construction</a>, <a href="/wiki/Manufacturing" title="Manufacturing">Manufacturing</a>, <a href="/wiki/Engineering" title="Engineering">Engineering</a>, <a href="/wiki/Steel" title="Steel">Steel</a></td></tr><tr><th scope="row" class="infobox-label">Predecessor</th><td class="infobox-data">Anglovaal Engineering</td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1880<span class="noprint">; 144 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">1880</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality"><a href="/wiki/Sandton,_Gauteng" class="mw-redirect" title="Sandton, Gauteng">Melrose Arch</a>, <a href="/wiki/Johannesburg" title="Johannesburg">Johannesburg</a></div>, <div class="ib-company-country country-name"><a href="/wiki/South_Africa" title="South Africa">South Africa</a></div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data"><a href="/wiki/Africa" title="Africa">Africa</a>, <a href="/wiki/Australasia" title="Australasia">Australasia</a>, <a href="/wiki/Southeast_Asia" title="Southeast Asia">Southeast Asia</a>, <a href="/wiki/South_America" title="South America">South America</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Sean Flanagan (<a href="/wiki/Chief_Executive_Officer" class="mw-redirect" title="Chief Executive Officer">CEO</a>)<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><br /> Adrian Macartney (<a href="/wiki/Chief_Financial_Officer" class="mw-redirect" title="Chief Financial Officer">CFO</a>)</td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category">Contract mining, construction, infrastructure development, engineering</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data">31 Dec 2019: <a href="/wiki/South_African_Rand" class="mw-redirect" title="South African Rand">R</a>11.2bn;<sup id="cite_ref-aveng_2019-12-31_2-0" class="reference"><a href="#cite_note-aveng_2019-12-31-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><br />30 Jun 2019: <a href="/wiki/South_African_Rand" class="mw-redirect" title="South African Rand">R</a> 25.7bn; <br />30 Jun 2018: <a href="/wiki/South_African_Rand" class="mw-redirect" title="South African Rand">R</a>30.6bn<sup id="cite_ref-aveng_2018_3-0" class="reference"><a href="#cite_note-aveng_2018-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data">31 Dec 2019: <a href="/wiki/South_African_Rand" class="mw-redirect" title="South African Rand">R</a>170 m loss;<sup id="cite_ref-aveng_2019-12-31_2-1" class="reference"><a href="#cite_note-aveng_2019-12-31-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> <br /> 30 Jun 2019: <a href="/wiki/South_African_Rand" class="mw-redirect" title="South African Rand">R</a>1.7 bn loss <br /> 31 Jun 2018: <a href="/wiki/South_African_Rand" class="mw-redirect" title="South African Rand">R</a>3.5 bn loss</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><a href="/wiki/South_African_Rand" class="mw-redirect" title="South African Rand">R</a> 15.07 Billion (2018)<sup id="cite_ref-aveng_2018_3-1" class="reference"><a href="#cite_note-aveng_2018-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">5 211 (2022)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data">McConnell Dowell, Moolmans</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://www.aveng.co.za">www<wbr />.aveng<wbr />.co<wbr />.za</a></span></td></tr></tbody></table> <p><b>Aveng</b> (formerly Anglovaal Engineering) is an international engineering led contractor focused on infrastructure, resources and contract mining and is listed on the <a href="/wiki/JSE_Limited" title="JSE Limited">Johannesburg Stock Exchange</a>. Its origins lie in modest construction projects in South Africa, but Aveng now operates in engineering, infrastructure development, construction and contract mining across Australia, New Zealand & Pacific Islands, Singapore, Philippines, Indonesia, Malaysia and South Africa. </p><p>It employs some 5 211 people and has an annual turnover in excess of R30 billion. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Strategic_review_(2017-2019)"><span id="Strategic_review_.282017-2019.29"></span>Strategic review (2017-2019)</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=2" title="Edit section: Strategic review (2017-2019)"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>After Aveng reported large losses in September 2017, the company's CEO resigned.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> During the first half of FY2018, Aveng undertook a "robust strategic review" to fully evaluate their financial structure and operational performance to determine the key requirements for our medium- and long-term sustainability.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (December 2022)">citation needed</span></a></i>]</sup> Aveng announced in 2019 a strategic plan that they would dispose of businesses that did not support the group's long-term strategy.<sup id="cite_ref-2019_Reff7_5-0" class="reference"><a href="#cite_note-2019_Reff7-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> Aveng intended to dispose of the Grinaker-LTA and Trident Steel operating divisions first, followed by the individual manufacturing businesses.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (December 2022)">citation needed</span></a></i>]</sup> Aveng sold its rail business, Aveng Rail formerly known as Lennings Rail, in October 2018. Earlier, Aveng had announced it would also sell its Jet Park and Vanderbijlpark properties.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> Sean Flanagan was named CEO later in 2019, taking over from interim CEO Eric Diack, who returned to the role of chairperson.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> Aveng disposed of its Rand Roads business unit in July 2019.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> It told <a href="/wiki/Reuters" title="Reuters">Reuters</a> in 2019 it was selling non-core assets to focus on mining by 2020.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Divestitures_(2020-2023)"><span id="Divestitures_.282020-2023.29"></span>Divestitures (2020-2023)</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=3" title="Edit section: Divestitures (2020-2023)"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In relation to non-payment on a bridge project, Aveng lodged a claim against <a href="/wiki/Eskom" title="Eskom">Eskom</a> in April 2020.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> <a href="/wiki/UBS_Group_AG" class="mw-redirect" title="UBS Group AG">UBS Group AG</a> became a 6.39% shareholder in Aveng in October 2021.<sup id="cite_ref-2021_Reff1_11-0" class="reference"><a href="#cite_note-2021_Reff1-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> In February 2022, while maintaining its placement on the <a href="/wiki/JSE_Limited" title="JSE Limited">JSE</a>, Aveng narrowed its offshore listings to only <a href="/wiki/Stock_exchange" title="Stock exchange">bourses</a> in Singapore and Australia. The company at the time described its two remaining core businesses as McConnell Dowell and Moolmans. It stated it still intended to sell Trident Steel.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> It completed that sale in October 2022.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> Aveng Trident Steel at the time supplied a wide range of products to the distribution, mining, construction and automotive industries from its steel processing service centers and warehouses, and its manufacturing and fabrication plants.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (April 2020)">citation needed</span></a></i>]</sup> </p><p>Aveng completed a debt restructure and rights issue in March 2021.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> In 2022, Sean Flanagan remained CEO of Aveng.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> In 2022, Aveng lost arbitration involving penalties for missing construction deadlines regarding <a href="/wiki/The_Leonardo_(Sandton)" title="The Leonardo (Sandton)">The Leonardo</a> building in South Africa, concerning a contract from 2015 to 2019.<sup id="cite_ref-2022_Reff9_16-0" class="reference"><a href="#cite_note-2022_Reff9-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Business_and_divisions">Business and divisions</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=4" title="Edit section: Business and divisions"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Core_businesses">Core businesses</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=5" title="Edit section: Core businesses"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><b>Construction and Engineering</b> </p> <ul><li><b><a href="/wiki/McConnell_Dowell" title="McConnell Dowell">McConnell Dowell</a></b> - a major engineering, construction and maintenance contractor, in the building, infrastructure and resources sectors in Australia, New Zealand and Pacific Islands, Southeast Asia and the Middle East.</li></ul> <p><b>Mining</b> </p> <ul><li><b><a href="/w/index.php?title=Moolmans&action=edit&redlink=1" class="new" title="Moolmans (page does not exist)">Moolmans</a></b> - a South African-based operator in open cut contract mining across Africa.</li></ul> <div class="mw-heading mw-heading2"><h2 id="Major_projects">Major projects</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=6" title="Edit section: Major projects"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Gouda_Wind_Facility" title="Gouda Wind Facility">Gouda Wind Facility</a></li> <li><a href="/wiki/The_Leonardo_(Sandton)" title="The Leonardo (Sandton)">The Leonardo</a><sup id="cite_ref-2022_Reff9_16-1" class="reference"><a href="#cite_note-2022_Reff9-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/FNB_Stadium" title="FNB Stadium">FNB Stadium</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=7" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/List_of_companies_traded_on_the_JSE" title="List of companies traded on the JSE">List of companies traded on the JSE</a></li> <li><a href="/wiki/List_of_companies_of_South_Africa" title="List of companies of South Africa">List of companies of South Africa</a></li> <li><a href="/wiki/Economy_of_South_Africa" title="Economy of South Africa">Economy of South Africa</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=8" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.aveng.co.za/aveng/directors-aveng-leadership/board-of-directors-aveng/key-management/sean-flanagan,">"Sean Flanagan Biography - Aveng website"</a><span class="reference-accessdate">. Retrieved <span class="nowrap">11 March</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Sean+Flanagan+Biography+-+Aveng+website&rft_id=https%3A%2F%2Fwww.aveng.co.za%2Faveng%2Fdirectors-aveng-leadership%2Fboard-of-directors-aveng%2Fkey-management%2Fsean-flanagan%2C&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span><sup class="noprint Inline-Template"><span style="white-space: nowrap;">[<i><a href="/wiki/Wikipedia:Link_rot" title="Wikipedia:Link rot"><span title=" Dead link tagged January 2024">permanent dead link</span></a></i><span style="visibility:hidden; color:transparent; padding-left:2px">‍</span>]</span></sup></span> </li> <li id="cite_note-aveng_2019-12-31-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-aveng_2019-12-31_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-aveng_2019-12-31_2-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.aveng.co.za/pdf/interim-results/aveng-interim-31-dec-2019.pdf">Aveng Interim Financial Report 2020, Aveng website, Retrieved 09 March 2020</a></span> </li> <li id="cite_note-aveng_2018-3"><span class="mw-cite-backlink">^ <a href="#cite_ref-aveng_2018_3-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-aveng_2018_3-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20190817201108/https://www.aveng.co.za/sites/group/files/downloads/financials/annual_results/avengfinancialreport2018.pdf">"Aveng Financial Report 2018, Aveng website, Retrieved 17 August 2019"</a> <span class="cs1-format">(PDF)</span>. Archived from <a rel="nofollow" class="external text" href="https://www.aveng.co.za/sites/group/files/downloads/financials/annual_results/avengfinancialreport2018.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 17 August 2019<span class="reference-accessdate">. Retrieved <span class="nowrap">17 August</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Aveng+Financial+Report+2018%2C+Aveng+website%2C+Retrieved+17+August+2019&rft_id=https%3A%2F%2Fwww.aveng.co.za%2Fsites%2Fgroup%2Ffiles%2Fdownloads%2Ffinancials%2Fannual_results%2Favengfinancialreport2018.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.moneyweb.co.za/news/companies-and-deals/aveng-ceo-resigns-as-it-reports-massive-loss/">"Aveng CEO resigns as it reports massive loss"</a>. <i>Moneyweb</i>. 27 September 2017<span class="reference-accessdate">. Retrieved <span class="nowrap">11 March</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Moneyweb&rft.atitle=Aveng+CEO+resigns+as+it+reports+massive+loss&rft.date=2017-09-27&rft_id=https%3A%2F%2Fwww.moneyweb.co.za%2Fnews%2Fcompanies-and-deals%2Faveng-ceo-resigns-as-it-reports-massive-loss%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-2019_Reff7-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-2019_Reff7_5-0">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.iol.co.za/business-report/companies/aveng-says-to-sell-non-core-assets-after-strategic-review-18864224">Ana Reporter, (18 January 2019), Aveng says to sell non-core assets after strategic review</a>, <a href="/wiki/Independent_Online_(South_Africa)" class="mw-redirect" title="Independent Online (South Africa)">Independent Online</a> Retrieved 17 August 2019</span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFCreamer" class="citation web cs1">Creamer, Terence. <a rel="nofollow" class="external text" href="https://www.engineeringnews.co.za/article/aveng-to-sell-rail-business-to-mathupha-capital-for-r133m-2018-10-03">"Aveng to sell rail business to Mathupha Capital for R133m"</a>. <i>www.engineeringnews.co.za</i><span class="reference-accessdate">. Retrieved <span class="nowrap">11 March</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.engineeringnews.co.za&rft.atitle=Aveng+to+sell+rail+business+to+Mathupha+Capital+for+R133m&rft.aulast=Creamer&rft.aufirst=Terence&rft_id=https%3A%2F%2Fwww.engineeringnews.co.za%2Farticle%2Faveng-to-sell-rail-business-to-mathupha-capital-for-r133m-2018-10-03&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFWebb" class="citation web cs1">Webb, Mariaan. <a rel="nofollow" class="external text" href="https://www.engineeringnews.co.za/article/aveng-names-sean-flanagan-ceo-2018-12-20">"Aveng names Sean Flanagan CEO"</a>. <i>www.engineeringnews.co.za</i><span class="reference-accessdate">. Retrieved <span class="nowrap">11 March</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.engineeringnews.co.za&rft.atitle=Aveng+names+Sean+Flanagan+CEO&rft.aulast=Webb&rft.aufirst=Mariaan&rft_id=https%3A%2F%2Fwww.engineeringnews.co.za%2Farticle%2Faveng-names-sean-flanagan-ceo-2018-12-20&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.engineeringnews.co.za/article/aveng-disposes-of-rand-roads-business-unit-2019-07-12">Aveng disposes of Rand Roads business unit</a> Engineering News</span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.miningmx.com/news/markets/38232-aveng-to-focus-on-mining-once-non-core-asset-sales-completed-next-year/">"Aveng to focus on mining once non-core asset sales completed next year"</a>. 30 August 2019.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Aveng+to+focus+on+mining+once+non-core+asset+sales+completed+next+year&rft.date=2019-08-30&rft_id=https%3A%2F%2Fwww.miningmx.com%2Fnews%2Fmarkets%2F38232-aveng-to-focus-on-mining-once-non-core-asset-sales-completed-next-year%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.moneyweb.co.za/news/companies-and-deals/aveng-lodges-r40m-claim-against-eskom/">"Aveng lodges R40m claim against Eskom"</a>. 15 April 2020.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Aveng+lodges+R40m+claim+against+Eskom&rft.date=2020-04-15&rft_id=https%3A%2F%2Fwww.moneyweb.co.za%2Fnews%2Fcompanies-and-deals%2Faveng-lodges-r40m-claim-against-eskom%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-2021_Reff1-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-2021_Reff1_11-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.news24.com/fin24/companies/industrial/swiss-investment-bank-ubs-bets-on-hobbled-aveng-20211007">"Swiss investment bank UBS bets on hobbled Aveng"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Swiss+investment+bank+UBS+bets+on+hobbled+Aveng&rft_id=https%3A%2F%2Fwww.news24.com%2Ffin24%2Fcompanies%2Findustrial%2Fswiss-investment-bank-ubs-bets-on-hobbled-aveng-20211007&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.engineeringnews.co.za/article/aveng-narrows-offshore-listing-focus-to-australia-and-singapore-2022-02-22">"Aveng narrows offshore listing focus to Australia and Singapore"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Aveng+narrows+offshore+listing+focus+to+Australia+and+Singapore&rft_id=https%3A%2F%2Fwww.engineeringnews.co.za%2Farticle%2Faveng-narrows-offshore-listing-focus-to-australia-and-singapore-2022-02-22&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.moneyweb.co.za/news/industry/aveng-turnaround-r700m-sale-of-trident-steel-a-major-milestone/">"Aveng turnaround: R700m sale of Trident Steel a 'major milestone'<span class="cs1-kern-right"></span>"</a>. 6 October 2022.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Aveng+turnaround%3A+R700m+sale+of+Trident+Steel+a+%27major+milestone%27&rft.date=2022-10-06&rft_id=https%3A%2F%2Fwww.moneyweb.co.za%2Fnews%2Findustry%2Faveng-turnaround-r700m-sale-of-trident-steel-a-major-milestone%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.iol.co.za/business-report/companies/aveng-concludes-successful-rights-issue-and-debt-restructure-aeeabd1b-ac35-40b7-bfc3-5eeb784a1d59">"Aveng concludes successful rights issue and debt restructure"</a><span class="reference-accessdate">. Retrieved <span class="nowrap">11 March</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Aveng+concludes+successful+rights+issue+and+debt+restructure&rft_id=https%3A%2F%2Fwww.iol.co.za%2Fbusiness-report%2Fcompanies%2Faveng-concludes-successful-rights-issue-and-debt-restructure-aeeabd1b-ac35-40b7-bfc3-5eeb784a1d59&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.businesslive.co.za/bd/companies/2022-08-23-watch-aveng-ceo-sean-flanagan-on-slump-in-profit/">"WATCH: Aveng CEO Sean Flanagan on slump in profit"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=WATCH%3A+Aveng+CEO+Sean+Flanagan+on+slump+in+profit&rft_id=https%3A%2F%2Fwww.businesslive.co.za%2Fbd%2Fcompanies%2F2022-08-23-watch-aveng-ceo-sean-flanagan-on-slump-in-profit%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> <li id="cite_note-2022_Reff9-16"><span class="mw-cite-backlink">^ <a href="#cite_ref-2022_Reff9_16-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-2022_Reff9_16-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.businesslive.co.za/bd/national/2022-05-26-aveng-to-pay-penalties-for-missing-the-leonardo-deadline/">"Aveng to pay penalties for missing the Leonardo deadline"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Aveng+to+pay+penalties+for+missing+the+Leonardo+deadline&rft_id=https%3A%2F%2Fwww.businesslive.co.za%2Fbd%2Fnational%2F2022-05-26-aveng-to-pay-penalties-for-missing-the-leonardo-deadline%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAveng" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Aveng&action=edit&section=9" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><span class="url"><a rel="nofollow" class="external text" href="http://www.aveng.co.za">www<wbr />.aveng<wbr />.co<wbr />.za</a></span></li></ul> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist 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/>conglomerates</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a class="mw-selflink selflink">Aveng</a></span></li> <li><span class="nowrap"><a href="/wiki/Barloworld_Limited" title="Barloworld Limited">Barloworld</a></span></li> <li><span class="nowrap"><a href="/wiki/Bidvest_Group" title="Bidvest Group">Bidvest</a></span></li> <li><span class="nowrap"><a href="/wiki/Chancellor_House_(company)" title="Chancellor House (company)">Chancellor House</a></span></li> <li><span class="nowrap"><a href="/wiki/Famous_Brands" title="Famous Brands">Famous Brands</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Airlines</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Aerolift" title="Aerolift">Aerolift</a></span></li> <li><span class="nowrap"><a href="/wiki/Airlink" title="Airlink">Airlink</a></span> <ul><li><span class="nowrap"><a href="/wiki/Airlink_Cargo" title="Airlink Cargo">Cargo</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/CemAir" title="CemAir">CemAir</a></span></li> <li><span class="nowrap"><a href="/wiki/Egoli_Air" title="Egoli Air">Egoli Air</a></span></li> <li><span class="nowrap"><a href="/wiki/Federal_Air" title="Federal Air">Federal Air</a></span></li> <li><span class="nowrap"><a href="/wiki/Global_Aviation" title="Global Aviation">Global Aviation</a></span></li> <li><span class="nowrap"><a href="/wiki/National_Airways_Corporation" title="National Airways Corporation">National Airways</a></span></li> <li><span class="nowrap"><a href="/wiki/Norse_Air" title="Norse Air">Norse Air</a></span></li> <li><span class="nowrap"><a href="/wiki/Phoebus_Apollo_Aviation" title="Phoebus Apollo Aviation">Phoebus Apollo Aviation</a></span></li> <li><span class="nowrap"><a href="/wiki/South_African_Airways" title="South African Airways">SAA</a></span></li> <li><span class="nowrap"><a href="/wiki/Safair" title="Safair">Safair</a></span> <ul><li><span class="nowrap"><a href="/wiki/FlySafair" title="FlySafair">FlySafair</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Solenta_Aviation" title="Solenta Aviation">Solenta Aviation</a></span></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="Defunct" scope="row" class="navbox-group" style="width:1%">Defunct</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/1time" title="1time">1time</a></span></li> <li><span class="nowrap"><a href="/wiki/African_International_Airways" title="African International Airways">African International Airways</a></span></li> <li><span class="nowrap"><a href="/wiki/AirQuarius_Aviation" title="AirQuarius Aviation">AirQuarius Aviation</a></span></li> <li><span class="nowrap"><a href="/wiki/Avia_(airline)" title="Avia (airline)">Avia</a></span></li> <li><span class="nowrap"><a href="/wiki/Comair_(South_Africa)" title="Comair (South Africa)">Comair</a></span></li> <li><span class="nowrap"><a href="/wiki/Command_Airways_(South_Africa)" title="Command Airways (South Africa)">Command Airways</a></span></li> <li><span class="nowrap"><a href="/wiki/Executive_Aerospace" title="Executive Aerospace">Executive Aerospace</a></span></li> <li><span class="nowrap"><a href="/wiki/Fly_Blue_Crane" title="Fly Blue Crane">Fly Blue Crane</a></span></li> <li><span class="nowrap"><a href="/wiki/Imperial_Air_Cargo" title="Imperial Air Cargo">Imperial Air Cargo</a></span></li> <li><span class="nowrap"><a href="/wiki/Interair_South_Africa" title="Interair South Africa">Interair South Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Interlink_Airlines" title="Interlink Airlines">Interlink Airlines</a></span></li> <li><span class="nowrap"><a href="/wiki/Kulula.com" title="Kulula.com">kulula.com</a></span></li> <li><span class="nowrap"><a href="/wiki/Mango_(airline)" title="Mango (airline)">Mango</a></span></li> <li><span class="nowrap"><a href="/wiki/Nationwide_Airlines_(South_Africa)" title="Nationwide Airlines (South Africa)">Nationwide Airlines</a></span></li> <li><span class="nowrap"><a href="/wiki/Rossair_Executive_Air_Charter" title="Rossair Executive Air Charter">Rossair Executive Air Charter</a></span></li> <li><span class="nowrap"><a href="/wiki/Rovos_Air" title="Rovos Air">Rovos Air</a></span></li> <li><span class="nowrap"><a href="/wiki/Skywise_(airline)" title="Skywise (airline)">Skywise</a></span></li> <li><span class="nowrap"><a href="/wiki/South_African_Express" title="South African Express">South African Express</a></span></li></ul> </div></td></tr></tbody></table><div> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Construction<br />and engineering</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Concor" title="Concor">Concor</a></span></li> <li><span class="nowrap"><a href="/wiki/Murray_%26_Roberts" title="Murray & Roberts">Murray & Roberts</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Energy</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/DLO_Energy_Resources_Group" title="DLO Energy Resources Group">DLO Energy Resources</a></span></li> <li><span class="nowrap"><a href="/wiki/Total_South_Africa" title="Total South Africa">Total South Africa</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Financial<br /></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Absa_Group_Limited" class="mw-redirect" title="Absa Group Limited">Absa Group</a></span></li> <li><span class="nowrap"><a href="/wiki/Alexander_Forbes_Group_Holdings" title="Alexander Forbes Group Holdings">Alexforbes</a></span></li> <li><span class="nowrap"><a href="/wiki/Discovery_Limited" title="Discovery Limited">Discovery</a></span></li> <li><span class="nowrap"><a href="/wiki/Evolution_Group_(South_Africa)" title="Evolution Group (South Africa)">Evolution Group</a></span></li> <li><span class="nowrap"><a href="/wiki/Hollard_Group" title="Hollard Group">Hollard Group</a></span></li> <li><span class="nowrap"><a href="/wiki/Investec" title="Investec">Investec</a></span></li> <li><span class="nowrap"><a href="/wiki/Liberty_Holdings_Limited" title="Liberty Holdings Limited">Liberty Holdings</a></span></li> <li><span class="nowrap"><a href="/wiki/Livestock_Wealth" title="Livestock Wealth">Livestock Wealth</a></span></li> <li><span class="nowrap"><a href="/wiki/MiWay_Insurance" title="MiWay Insurance">MiWay Insurance</a></span></li> <li><span class="nowrap"><a href="/wiki/Lesaka_Technologies" title="Lesaka Technologies">Lesaka Technologies</a></span></li> <li><span class="nowrap"><a href="/wiki/Old_Mutual" title="Old Mutual">Old Mutual</a></span></li> <li><span class="nowrap"><a href="/wiki/Riovic" title="Riovic">Riovic Capital Group</a></span></li> <li><span class="nowrap"><a href="/wiki/RMB_Holdings" title="RMB Holdings">RMB Holdings</a></span></li> <li><span class="nowrap"><a href="/wiki/Rand_Merchant_Investment_Holdings" title="Rand Merchant Investment Holdings">RMI Holdings</a></span></li> <li><span class="nowrap"><a href="/wiki/STANLIB" title="STANLIB">STANLIB</a></span></li> <li><span class="nowrap"><a href="/wiki/Venmyn_Rand" title="Venmyn Rand">Venmyn Rand</a></span></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="Banks" scope="row" class="navbox-group" style="width:1%">Banks</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Absa_Bank_Limited" class="mw-redirect" title="Absa Bank Limited">Absa Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/Access_Bank_South_Africa" title="Access Bank South Africa">Access Bank South Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/African_Alliance_Investment_Bank" title="African Alliance Investment Bank">African Alliance Investment Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/African_Bank_Limited" title="African Bank Limited">African Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/Bank_Zero" title="Bank Zero">Bank Zero</a></span></li> <li><span class="nowrap"><a href="/wiki/Bidvest_Bank" title="Bidvest Bank">Bidvest Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/Development_Bank_of_Southern_Africa" title="Development Bank of Southern Africa">DBSA</a></span></li> <li><span class="nowrap"><a href="/wiki/First_National_Bank_(South_Africa)" title="First National Bank (South Africa)">First National Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/FirstRand" title="FirstRand">FirstRand Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/Imperial_Bank_South_Africa" title="Imperial Bank South Africa">Imperial Bank South Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Mercantile_Bank_(South_Africa)" title="Mercantile Bank (South Africa)">Mercantile Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/Nedbank" title="Nedbank">Nedbank</a></span></li> <li><span class="nowrap"><a href="/wiki/RMB_Holdings" title="RMB Holdings">Rand Merchant Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/Sasfin_Bank" title="Sasfin Bank">Sasfin Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/Standard_Chartered_South_Africa" title="Standard Chartered South Africa">Stanchart South Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Standard_Bank" title="Standard Bank">Standard Bank</a></span></li> <li><span class="nowrap"><a href="/wiki/TymeBank" title="TymeBank">TymeBank</a></span></li> <li><span class="nowrap"><a href="/wiki/Ubank" title="Ubank">Ubank</a></span></li> <li><span class="nowrap"><a href="/wiki/Wizzit" title="Wizzit">Wizzit</a></span></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/VBS_Mutual_Bank" title="VBS Mutual Bank">VBS Mutual Bank</a></span></li></ul></li></ul> </div></td></tr></tbody></table><div> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Hospitality</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Southern_Sun_Hotels" title="Southern Sun Hotels">Southern Sun Hotels</a></span></li> <li><span class="nowrap"><a href="/wiki/Sun_International" title="Sun International">Sun International</a></span></li> <li><span class="nowrap"><a href="/wiki/Tsogo_Sun" title="Tsogo Sun">Tsogo Sun</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">ICT</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Afrihost" title="Afrihost">Afrihost</a></span></li> <li><span class="nowrap"><a href="/wiki/BCX_(Business_Connexion_Group)" class="mw-redirect" title="BCX (Business Connexion Group)">BCX</a></span></li> <li><span class="nowrap"><a href="/wiki/Cell_C" title="Cell C">Cell C</a></span></li> <li><span class="nowrap"><a href="/wiki/Cybatar" title="Cybatar">Cybatar</a></span></li> <li><span class="nowrap"><a href="/wiki/Datatec" title="Datatec">Datatec</a></span></li> <li><span class="nowrap"><a href="/wiki/Dimension_Data" title="Dimension Data">Dimension Data</a></span></li> <li><span class="nowrap"><a href="/wiki/EOH_Holdings" title="EOH Holdings">EOH Holdings</a></span></li> <li><span class="nowrap"><a href="/wiki/IVeri_Payment_Technologies" title="IVeri Payment Technologies">iVeri Payment Technologies</a></span></li> <li><span class="nowrap"><a href="/wiki/MTN_Group" title="MTN Group">MTN</a></span></li> <li><span class="nowrap"><a href="/wiki/Neotel" title="Neotel">Neotel</a></span></li> <li><span class="nowrap"><a href="/wiki/OTEL_Telecoms" title="OTEL Telecoms">OTEL Telecoms</a></span></li> <li><span class="nowrap"><a href="/wiki/Rain_(telecommunications)" title="Rain (telecommunications)">Rain</a></span></li> <li><span class="nowrap"><a href="/wiki/Sybrin" title="Sybrin">Sybrin</a></span></li> <li><span class="nowrap"><a href="/wiki/Teraco_Data_Environments" title="Teraco Data Environments">Teraco Data Environments</a></span></li> <li><span class="nowrap"><a href="/wiki/Vodacom" title="Vodacom">Vodacom</a></span></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/Internet_Solutions" title="Internet Solutions">Internet Solutions</a></span></li> <li><span class="nowrap"><a href="/wiki/Luma_Arcade" title="Luma Arcade">Luma Arcade</a></span></li> <li><span class="nowrap"><a href="/wiki/Vision_Software" title="Vision Software">Vision Software</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Legal</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Bowman_Gilfillan" class="mw-redirect" title="Bowman Gilfillan">Bowman Gilfillan</a></span></li> <li><span class="nowrap"><a href="/wiki/ENSafrica" title="ENSafrica">ENSafrica</a></span></li> <li><span class="nowrap"><a href="/wiki/Webber_Wentzel" title="Webber Wentzel">Webber Wentzel</a></span></li> <li><span class="nowrap"><a href="/wiki/Werksmans" title="Werksmans">Werksmans</a></span></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/Deneys_Reitz_Inc" title="Deneys Reitz Inc">Deneys Reitz</a></span></li> <li><span class="nowrap"><a href="/wiki/Mandela_and_Tambo" title="Mandela and Tambo">Mandela and Tambo</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Manufacturing</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Adcock_Ingram" title="Adcock Ingram">Adcock Ingram</a></span></li> <li><span class="nowrap"><a href="/wiki/AECI" title="AECI">AECI</a></span></li> <li><span class="nowrap"><a href="/wiki/African_Explosives" title="African Explosives">African Explosives</a></span></li> <li><span class="nowrap"><a href="/wiki/All_Joy_Foods" title="All Joy Foods">All Joy Foods</a></span></li> <li><span class="nowrap"><a href="/wiki/Bakers_(bakery)" title="Bakers (bakery)">Bakers</a></span></li> <li><span class="nowrap"><a href="/wiki/Clover_Industries" title="Clover Industries">Clover Industries</a></span></li> <li><span class="nowrap"><a href="/wiki/French_Engineering_Works" title="French Engineering Works">FEW</a></span></li> <li><span class="nowrap"><a href="/wiki/Industrial_Water_Cooling" title="Industrial Water Cooling">IWC</a></span></li> <li><span class="nowrap"><a href="/wiki/Isuzu_Trucks_South_Africa" title="Isuzu Trucks South Africa">Isuzu Trucks South Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Land_Systems_OMC" title="Land Systems OMC">Land Systems OMC</a></span></li> <li><span class="nowrap"><a href="/wiki/Nampak" title="Nampak">Nampak</a></span></li> <li><span class="nowrap"><a href="/wiki/Paramount_Group" title="Paramount Group">Paramount Group</a></span></li> <li><span class="nowrap"><a href="/wiki/PPC_Ltd." title="PPC Ltd.">PPC</a></span></li> <li><span class="nowrap"><a href="/wiki/Premier_FMCG" title="Premier FMCG">Premier FMCG</a></span></li> <li><span class="nowrap"><a href="/wiki/Rand_Refinery" title="Rand Refinery">Rand Refinery</a></span></li> <li><span class="nowrap"><a href="/wiki/Rembrandt_Group" title="Rembrandt Group">Rembrandt Group</a></span></li> <li><span class="nowrap"><a href="/wiki/Sappi" title="Sappi">Sappi</a></span></li> <li><span class="nowrap"><a href="/wiki/Simba_(South_African_company)" title="Simba (South African company)">Simba</a></span></li> <li><span class="nowrap"><a href="/wiki/SkyReach_Aircraft" title="SkyReach Aircraft">SkyReach Aircraft</a></span></li> <li><span class="nowrap"><a href="/wiki/Sling_Aircraft" title="Sling Aircraft">Sling Aircraft</a></span></li> <li><span class="nowrap"><a href="/wiki/South_African_Breweries" title="South African Breweries">South African Breweries</a></span></li> <li><span class="nowrap"><a href="/wiki/Tiger_Brands" title="Tiger Brands">Tiger Brands</a></span></li> <li><span class="nowrap"><a href="/wiki/Truvelo_Armoury" title="Truvelo Armoury">Truvelo Armoury</a></span></li> <li><span class="nowrap"><a href="/wiki/Union_Carriage_%26_Wagon" title="Union Carriage & Wagon">Union Carriage & Wagon</a></span></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/Basil_Green_Motors" title="Basil Green Motors">Basil Green Motors</a></span></li> <li><span class="nowrap"><a href="/wiki/New_PowerChutes" title="New PowerChutes">New PowerChutes</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Media</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Arena_Holdings" title="Arena Holdings">Arena Holdings</a></span></li> <li><span class="nowrap"><a href="/wiki/Caxton_and_CTP_Publishers_and_Printers" title="Caxton and CTP Publishers and Printers">Caxton and CTP Publishers and Printers</a></span></li> <li><span class="nowrap"><a href="/wiki/MultiChoice" title="MultiChoice">MultiChoice</a></span></li> <li><span class="nowrap"><a href="/wiki/Nu_Metro_Cinemas" class="mw-redirect" title="Nu Metro Cinemas">Nu Metro Cinemas</a></span></li> <li><span class="nowrap"><a href="/wiki/Primedia" title="Primedia">Primedia</a></span></li> <li><span class="nowrap"><a href="/wiki/SABC" title="SABC">SABC</a></span></li> <li><span class="nowrap"><a href="/wiki/StarSat" title="StarSat">StarSat</a></span></li> <li><span class="nowrap"><a href="/wiki/Ster-Kinekor" title="Ster-Kinekor">Ster-Kinekor</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Mining</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Alexkor" title="Alexkor">Alexkor</a></span></li> <li><span class="nowrap"><a href="/wiki/Asa_Resources_Group" title="Asa Resources Group">Asa Resources</a></span></li> <li><span class="nowrap"><a href="/wiki/African_Rainbow_Minerals" title="African Rainbow Minerals">African Rainbow Minerals</a></span></li> <li><span class="nowrap"><a href="/wiki/AngloGold_Ashanti" title="AngloGold Ashanti">AngloGold Ashanti</a></span></li> <li><span class="nowrap"><a href="/wiki/DRDGOLD_Limited" title="DRDGOLD Limited">DRDGOLD</a></span></li> <li><span class="nowrap"><a href="/wiki/East_Rand_Mine" title="East Rand Mine">ERPM</a></span></li> <li><span class="nowrap"><a href="/wiki/Gold_Fields" title="Gold Fields">Gold Fields</a></span></li> <li><span class="nowrap"><a href="/wiki/Harmony_Gold_(mining)" title="Harmony Gold (mining)">Harmony Gold</a></span></li> <li><span class="nowrap"><a href="/wiki/Impala_Platinum" title="Impala Platinum">Impala Platinum</a></span></li> <li><span class="nowrap"><a href="/wiki/JCI_Limited" title="JCI Limited">JCI</a></span></li> <li><span class="nowrap"><a href="/wiki/Metorex" title="Metorex">Metorex</a></span></li> <li><span class="nowrap"><a href="/wiki/Northam_Platinum" title="Northam Platinum">Northam Platinum</a></span></li> <li><span class="nowrap"><a href="/wiki/Sibanye-Stillwater" title="Sibanye-Stillwater">Sibanye-Stillwater</a></span></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/Simmer_and_Jack" title="Simmer and Jack">Simmer and Jack</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Retail and<br />marketing</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/AutoTrader.co.za" title="AutoTrader.co.za">AutoTrader</a></span></li> <li><span class="nowrap"><a href="/wiki/Bidorbuy" class="mw-redirect" title="Bidorbuy">Bidorbuy</a></span></li> <li><span class="nowrap"><a href="/wiki/Cadac_(South_Africa)" title="Cadac (South Africa)">Cadac</a></span></li> <li><span class="nowrap"><a href="/wiki/CNA_(bookstore)" title="CNA (bookstore)">CNA</a></span></li> <li><span class="nowrap"><a href="/wiki/The_Creative_Counsel" title="The Creative Counsel">The Creative Counsel</a></span></li> <li><span class="nowrap"><a href="/wiki/Dis-Chem" title="Dis-Chem">Dis-Chem</a></span></li> <li><span class="nowrap"><a href="/wiki/Exclusive_Books" title="Exclusive Books">Exclusive Books</a></span></li> <li><span class="nowrap"><a href="/wiki/Hyundai_Automotive_South_Africa" title="Hyundai Automotive South Africa">Hyundai South Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Incredible_Connection" title="Incredible Connection">Incredible Connection</a></span></li> <li><span class="nowrap"><a href="/wiki/Massmart" title="Massmart">Massmart</a></span></li> <li><span class="nowrap"><a href="/wiki/Wantitall.co.za" title="Wantitall.co.za">Wantitall</a></span></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/Edcon" title="Edcon">Edcon</a></span></li> <li><span class="nowrap"><a href="/wiki/OK_Bazaars" title="OK Bazaars">OK Bazaars</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Restaurant<br />franchises</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Chicken_Licken_(restaurant)" title="Chicken Licken (restaurant)">Chicken Licken</a></span></li> <li><span class="nowrap"><a href="/wiki/Debonairs_Pizza" title="Debonairs Pizza">Debonairs Pizza</a></span></li> <li><span class="nowrap"><a href="/wiki/Mugg_%26_Bean" title="Mugg & Bean">Mugg & Bean</a></span></li> <li><span class="nowrap"><a href="/wiki/Nando%27s" title="Nando's">Nando's</a></span></li> <li><span class="nowrap"><a href="/wiki/Roman%27s_Pizza" title="Roman's Pizza">Roman's Pizza</a></span></li> <li><span class="nowrap"><a href="/wiki/Steers_(restaurant)" title="Steers (restaurant)">Steers</a></span></li> <li><span class="nowrap"><a href="/wiki/Wimpy_(restaurant)" title="Wimpy (restaurant)">Wimpy</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Services</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Netcare" title="Netcare">Netcare</a></span></li> <li><span class="nowrap"><a href="/wiki/SA_Waste_Holdings" title="SA Waste Holdings">SA Waste Holdings</a></span></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/Bosasa" title="Bosasa">Bosasa</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Transport</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Avis_Southern_Africa" title="Avis Southern Africa">Avis Southern Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Comazar" title="Comazar">Comazar</a></span></li> <li><span class="nowrap"><a href="/wiki/PUTCO" title="PUTCO">PUTCO</a></span></li> <li><span class="nowrap"><a href="/wiki/Surtees_Rail_Group" title="Surtees Rail Group">Surtees Rail Group</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/State-owned_enterprises_of_South_Africa" title="State-owned enterprises of South Africa">State-owned<br />enterprises</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Airports_Company_South_Africa" title="Airports Company South Africa">Airports Company South Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Denel_Aeronautics" title="Denel Aeronautics">Denel Aeronautics</a></span></li> <li><span class="nowrap"><a href="/wiki/Development_Bank_of_Southern_Africa" title="Development Bank of Southern Africa">Development Bank of Southern Africa</a></span></li> <li><span class="nowrap"><a href="/wiki/Eskom" title="Eskom">Eskom</a></span></li> <li><span class="nowrap"><a href="/wiki/Rand_Water" title="Rand Water">Rand Water</a></span></li> <li><span class="nowrap"><a href="/wiki/SABC" title="SABC">South African Broadcasting Corporation</a></span></li> <li><span class="nowrap"><a href="/wiki/Sasol" title="Sasol">Sasol</a></span></li> <li><span class="nowrap"><a href="/wiki/Sentech" title="Sentech">Sentech</a></span></li> <li><span class="nowrap"><a href="/wiki/South_African_Airways" title="South African Airways">South African Airways</a></span></li> <li><span class="nowrap"><a href="/wiki/Transnet" title="Transnet">Transnet</a></span> <ul><li><span class="nowrap"><a href="/wiki/Freightdynamics" title="Freightdynamics">Freightdynamics</a></span></li></ul></li> <li><span class="nowrap">Defunct</span> <ul><li><span class="nowrap"><a href="/wiki/Lema_(company)" title="Lema (company)">Lema</a></span></li></ul></li></ul> </div></td></tr><tr><td class="navbox-abovebelow hlist" colspan="2"><div> <ul><li><span class="nowrap"><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:Companies_based_in_Ekurhuleni" title="Category:Companies based in Ekurhuleni">Companies based in Ekurhuleni</a></span></li> <li><span class="nowrap"><a href="/wiki/Category:Companies_based_in_Johannesburg" title="Category:Companies based in Johannesburg">Companies based in Johannesburg</a></span></li></ul> </div></td></tr></tbody></table></div> <p><br /> </p> <style data-mw-deduplicate="TemplateStyles:r1012311289">.mw-parser-output .asbox{position:relative;overflow:hidden}.mw-parser-output .asbox table{background:transparent}.mw-parser-output .asbox p{margin:0}.mw-parser-output .asbox p+p{margin-top:0.25em}.mw-parser-output .asbox-body{font-style:italic}.mw-parser-output .asbox-note{font-size:smaller}.mw-parser-output .asbox .navbar{position:absolute;top:-0.75em;right:1em;display:none}</style><div role="note" class="metadata plainlinks asbox stub"><table role="presentation"><tbody><tr class="noresize"><td><span typeof="mw:File"><span><img alt="Stub icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/98/SAfactory.svg/30px-SAfactory.svg.png" decoding="async" width="30" height="21" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/98/SAfactory.svg/45px-SAfactory.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/98/SAfactory.svg/60px-SAfactory.svg.png 2x" data-file-width="1052" data-file-height="744" /></span></span></td><td><p class="asbox-body">This South African corporation or company article is a <a href="/wiki/Wikipedia:Stub" title="Wikipedia:Stub">stub</a>. 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