Construction company Stefanutti Stocks says it may have to issue new shares after its cash balances decreased partly because of delayed payments from clients.

SA’s construction industry has been hobbled in recent years by a lack of infrastructure spending, tepid economic growth and slow payments from the private and public sectors...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now