JSE-listed construction, infrastructure and materials group Raubex’s strong balance sheet and cash position puts it in an enviable position to benefit from government plans to accelerate infrastructure spending.
But the group says it is yet to see any sign of the highly anticipated projects.
"No, we haven’t been seeing the government infrastructure-build programme coming online yet," said Raubex’s new COO Dirk Lourens on Monday. But he added: "We are ready to execute once this infrastructure drive has been fully rolled out".