The FNB/BER Civil Confidence Index fell to an all-time low of five in the second quarter, as a result of the sharp decline in activity. This is due to many firms having been closed in April and May. After rising from 10 to 24 between the first...
The establishment of the Sub-contractors Association (Subcon) will not only give sub-contractors a much-needed collective voice within the construction industry and government departments, but also serve to promote the sector as an efficient,...
President Cyril Ramaphosa says the South African economy is in the throes of the anticipated fallout due to the global crisis. In his weekly newsletter on Monday morning, Ramaphosa acknowledged that the country is facing what he calls, a ‘job...
The FNB Bureau for Economic Research (BER) Building Confidence Index has fallen to an all-time low of 4 in the second quarter of this year, following the 13 recorded in the first quarter of the year. The current level of the index...
