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By Nqobile Dludla
JOHANNESBURG, Nov 7 (Reuters) – South African builder Group Five said it will sell its manufacturing arm and exit some construction businesses as part of a further restructuring to address a slump in its home market.
South Africa’s construction industry has slowed sharply since the 2010 FIFA World Cup, with few major infrastructure projects awarded and those that have been approved risk being curtailed by fiscal strains.
“All clusters and businesses have… been reviewed and evaluated against certain criteria to determine their alignment with the group’s revised str…
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