Stefanutti Stocks

About Stefanutti Stocks

Stefanutti Stocks is a South African construction group founded in 1971 by Biagino Stefanutti and Ivo Bressan. It has been listed on the JSE since 2007, and its head office is at 9 Palala Street, Chloorkop, in Kempton Park. The group works through three main segments: Construction and Mining, Building, and Mechanical and Electrical.

Its projects include commercial and industrial buildings, roads, municipal works and mining infrastructure. Work has also reached neighbouring countries such as Botswana, Eswatini, Namibia, Zambia and Zimbabwe. In 2006, the company brought in Moputso Investments, part of the Mowana Investments group, as a black economic empowerment partner. After several difficult years, the group worked through a restructuring and returned to profit in 2024.

How Stefanutti Stocks supports students

Construction depends on engineers and managers who can plan, design and run complex sites. Qualified people in these fields are scarce. For this reason, Stefanutti Stocks funds a bursary programme to secure its own technical talent.

The bursary is aimed at students who have already completed earlier years of study and have strong results. Past notices have focused on final-year students, preferably in civil engineering or construction management. Funding covers tuition fees, accommodation, textbooks and prescribed materials. In addition, bursars are linked to project sites through mentorship and vacation work. The group also runs a separate graduate internship programme for civil engineering, mechanical engineering and quantity surveying graduates.

The group's financial position matters to anyone thinking about a work-back contract. Stefanutti Stocks went through a long restructuring after a dispute with Eskom over work at the Kusile power station. In late 2024, it signed a settlement agreement with Eskom, and it reported a return to profit in the half-year to August 2024. Construction remains a cyclical industry, so bursars should expect project work to rise and fall. However, site experience gained during vacation work is useful in any civil engineering or construction career.

What to know before applying

Published criteria include South African citizenship, full-time study at an accredited institution and proof of registration. You must also have passed the previous year, and results above 70% are favoured. Financial need counts, and you must be willing to do vacation work with the company. Fields and year levels can change from one intake to the next, so check the official website for the current call.

Bursary holders are required to work back for the company for a period equal to the length of their funding. Many are then absorbed into the graduate programme or permanent site roles. Before you accept an offer, read the agreement closely so you know exactly what you are committing to.