Capital expenditure by Metro’s increased by 20 percent y-y in the first two quarters of the 2023/24 financial year (last six months of the 2023 calendar year), excluding Nelson Mandela Bay, that again included significant adjustments. City of...
An imaginative programme to accelerate transformation in the construction industry, increase the capacity of the construction industry to deliver infrastructure and support the growth of emerging contractors, was today launched by the Deputy...
South Africa retains its status as the most unequal nation globally. While this assertion may appear unbelievable, it holds true when considering the Gini coefficient of 0.63 recorded in 2023. This metric serves as a persistent reminder of one of...
The much-anticipated R 400 million road upgrade project in Cape Town has hit a major snag due to the interference of a construction cartel, leading to significant delays and frustrations for both authorities and residents alike. The widening of A Z...
This dynamic new leadership team is united in its commitment to uphold PERI’s core mission of making construction more efficient, safer and faster. PERI South Africa is confident that this new team will drive continued success and contribute...
The South African economy faced challenges in various sectors, with trade, agriculture, and construction identified as primary impediments to growth, according to Stats SA. Although the nation narrowly dodged a technical recession, experiencing a...
The Gross Fixed Capital Formation (GFCF) estimates released by Stats SA for the fourth quarter of 2023 indicate ongoing pressure on the construction industry, particularly in residential and civil construction works. Residential investment has seen...
The South African Institution of Civil Engineering (SAICE) welcomes the recent announcements made by the Minister of Finance Enoch Godongwana to streamline procedures, enhance accountability, and introduce new financing instruments to bolster...
Cape Town has given the green light to a new initiative aimed at facilitating the construction of rental units in lower-income communities. The City of Cape Town Mayoral Committee (Mayco) has approved the establishment of a Development Charges...