The results of Consulting Engineers South Africa’s (CESA’s) Bi-annual Economic and Capacity Survey (BECS) for the period January to June 2022 just released, indicates an improved outlook for 2022 but projections remain below 2% for 2023/24 on the...
South Africa’s construction industry has been given a glimmer of hope, with state-owned enterprises (SOEs) Transnet, Eskom, the Airports Company of South Africa (Acsa) and the SA National Roads Agency (Sanral) advertising multiple multi-billion...
The cost of construction has increased and the price index increased by 4,4% on the month to month rate in Contract Price Adjustment Provisions (CPAP). This is according to data released by Statistics South Africa reveal construction price indices...
The South African building and construction industry remains under tremendous pressure, with confidence still on the decline. According to 2019Q1 cidb SME Conditions Survey, general building (GB) confidence declined by 1 index point to 33. Ntando...
Despite reports of construction sector confidence plummeting to 17-year lows investors and developers are being called on to keep their faith in the industry. According to James Hanley, chairman of the Building and Property Economics Committee of...
