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Dubai scam forces big Grindrod write-off

IOL News 26.08.2019. 13:17

Dubai scam forces big Grindrod write-off

CAPE TOWN - A scam involving oil trading at the Dubai operations of freight and financial services group Grindrod caused the group to write off a significant impairment in the six months to June 30, chief executive Andrew Waller said. Interviewed after the release of the group’s half-year results o»»»
The Peninsula 25.08.2019. 23:01

Mena contract awards remain muted

The Mena recorded muted contract awards activity for the second month in a row in June, with $5.8bn of deals let compared with $4.3bn in May. The low level of contract awards over the past two months has led to the lowest-performing quarter for contract awards in the six years since 2014. An estima»»»

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