3SMedia | Feb 28, 2020
The Minister of Finance’s pronouncements on measures to revive the construction economy have been welcomed as a step in the right direction by the building industry. “We are pleased with the commitment to arrest criminal gangs that disrupt work on...
3SMedia | Feb 27, 2020
Finance Minister Tito Mboweni tabled the annual 2020 Budget on Wednesday and infrastructure development took center stage. In the lead up to Mboweni asked South Africans to submit 2020 Budget tips. One South African who did was Funanani Sikhwivhilu...
3SMedia | Feb 27, 2020
Gauteng Premier David Makhura wants to raise R300-billion from the private sector to fund his plans for the province. He says the plans are not just for 5 years but for the next decade. Source:...
3SMedia | Feb 25, 2020
The Gauteng Provincial Government will in the next five years spend R60 billion on building and maintaining infrastructure. This will contribute to the creation of an additional 100 000 jobs, and facilitate the development of 50 black...
3SMedia | Feb 25, 2020
President Cyril Ramaphosa told Parliament last week that investors, including the finance industry, had responded enthusiastically to government’s renewed commitment to investing in infrastructure. Ramaphosa was replying to the...
3SMedia | Feb 25, 2020
There is a direct link between the stability of an economy and ongoing development – and currently the local construction and property industries are undeniably experiencing a lull due to reduced expenditure by government on large scale...
3SMedia | Feb 25, 2020
Billions of rand worth of government projects are on hold because of interference from the so-called construction mafia, according to the president’s head of investment infrastructure team, Kgosientso Ramokgopa. “Tens of billions of...
3SMedia | Feb 19, 2020
The construction industry has welcomed plans by the government to act against extortion rackets, blamed for derailing multibillion-rand infrastructure and construction projects. In his state of the nation address (Sona), President Cyril Ramaphosa...
3SMedia | Feb 14, 2020
Local construction projects are being impacted by indefinitely delayed shipments of construction material due to the coronavirus. This is according to Natalie Reyneke, a director at MDA Attorneys. “Our clients are receiving delayed shipment...
