Published: 31 March 2014

Turnall Holdings Limited recently managed to tie up $8 million worth of deals with South African construction companies, raising expectations that the firm will be able to dig itself out of the current financial rut.

The listed roofing and building products manufacturer has of late suffered from slowing demand from the local market.

Both the private and public sectors are not investing in major infrastructural projects as the liquidity crunch continues to stymie local economic growth.

Turnall managing director John Jere said last week that the company has been awarded a contract to supply pipes, paves and concrete tiles for more than 10 000 houses in South Africa.
- Sunday Mail

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