Despite improvement in market activity, civil contractor confidence declined further in Q1 2022 to its lowest level on record, barring Q2 2020. This decline means that more than 90% of civil contractors included in the latest FNB/BER Civil...
During the fourth quarter of 2021, annual growth in tender prices, as measured by the BER Building Cost Index (BCI), accelerated by a revised 5.9%. Preliminary data for 2022Q1, however, shows a marked slowdown in the BER BCI. “Growth in tender...
A recent report Net-zero buildings: Where do we stand? published by the World Business Council for Sustainable Development (WBCSD) states that buildings totalling the size of a city such as Paris, are being constructed weekly. The worrying part,...
Having barely survived the negative economic effects of Covid-19, South African construction contractors now need to factor in the risk of massive price hikes following the war in Ukraine and resultant sanctions. According to construction law...
