The South African economy faced challenges in various sectors, with trade, agriculture, and construction identified as primary impediments to growth, according to Stats SA. Although the nation narrowly dodged a technical recession, experiencing a...
The Gross Fixed Capital Formation (GFCF) estimates released by Stats SA for the fourth quarter of 2023 indicate ongoing pressure on the construction industry, particularly in residential and civil construction works. Residential investment has seen...
The closure of long steel plants in South Africa could have a notable impact on local zinc usage. The users of long steel from these plants are major zinc consumers, using it extensively in galvanizing, highlights Simon Norton, Director of the...
Cape Town has given the green light to a new initiative aimed at facilitating the construction of rental units in lower-income communities. The City of Cape Town Mayoral Committee (Mayco) has approved the establishment of a Development Charges...