Tag: South African construction

Stefanutti Stocks’ Dramatic 2024 Comeback Clouds by Mounting Financial Risks

Stefanutti Stocks’ Dramatic 2024 Comeback Clouds by Mounting Financial Risks

Stefanutti Stocks’ stock price soared 235% in 2024 fueled by a long-awaited return to profit and settling a major Eskom dispute. But despite a loan extension and restructuring, deep liquidity problems and rising liabilities threaten stability, even as the firm hopes to win new government projects.