South Africa’s construction industry continues to suffer the effects of the national lockdown. Unexpected delays and disruptions have resulted in increasing construction costs, which have had a knock-on effect for both developers and end-users....
Even though lockdown restrictions eased such that construction firms could operate more normally, activity levels remained ultra-depressed with only a marginal improvement from 2Q2020. Sentiment in the civil construction sector, as measured by the...
After falling to an all-time low of 4 in 2Q2020, the FNB/BER Building Confidence Index jumped by 20 points to 24 in 3Q2020. Despite the rise in confidence, the current level of the index indicates that more than 75% of respondents are dissatisfied...
Training is vital in a cutthroat business in which margins are paper thin and work is scarce, writes Bradley Boertje, Risk Management Consultant and adjudicator for Master Builders Association (MBA) North. As the name suggests, contractors work...
