Recessions and serious economic downturns often debilitate companies that are unprepared for the worst. For many, it could take years to recover, if they ever do. To ensure your construction company survives the next economic decline, some...
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...
With the construction industry continuing to face significant challenges, which have been exacerbated by the COVID-19 crisis, it’s vital that contractors and subcontracts pay even greater attention to the risks they assume when they enter into...
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...
As economic recovery slowly picks up, and the industry waits to see whether government’s ambitious infrastructure-led recovery materialises, it’s never been more important for contractors to ensure they are fighting fit and best positioned to take...
As construction sites reopen on condition that all Covid-19 health and safety measures are adhered to, contractors may be able to recover some of the delays incurred and cost of implementing these new health and safety measures, according to...
Dec 7, 2017
The east African infrastructure industry is currently growing exponentially, with investments in roads, corridors and highways projects. As a result, it boasts huge potential for the global and regional infrastructure groups, bitumen and asphalt...
The payment of contractors within 30 days could soon form part of the Department of Public Works performance management process in a bid to put an end to the delayed and recurring non-payment of service providers. According to Minister Nkosinathi...
The Joint Building Contracts Committee has cautioned contractors against walking off site due to non-payment. Contrary to what many contractors assume, there is no provision in most building contracts that would legally permit the contractor to...
