COVID-19 construction stoppages weigh on Calgro M3
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The coronavirus pandemic has weighed on Calgro M3. The national lockdown resulted in construction activity being halted for two months and this pushed up the company’s costs and contributed to Calgro M3’s interim loss widening to R39m. Business Day TV spoke to Wikus Lategan, CEO of Calgro M3 for greater perspective on the half-year performance.