Everybody knows that the construction industry has been reeling for a number of years, a casualty of an economy that seems to be going backwards and the lack of spending on infrastructure.
Teraco Data Environments Proprietary Limited, Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced that it has finalised a new R2.5 billion loan financing transaction.
The South African National Roads Agency SOC Ltd (SANRAL) is investing an estimated R500-million in a road infrastructure project in the Buffalo City Metropolitan Municipality.
The South African Institution of Civil Engineering (SAICE) welcomes the establishment of the newly formed construction industry umbrella body, Construction Alliance South Africa (CASA).
Upgrading the R63 from Fort Beaufort to Alice will lower the vehicle operating cost and increase the provincial economy's integration, the South African National Roads Agency SOC Ltd (SANRAL) announced.
The announcement that Nyanza Light Metals has appointed Grinaker-LTA to design the top structure for its new Technical Services Centre is highly significant for the construction industry as well as for the Richards Bay Industrial Development Zone (RBIDZ).
The negative effects of the COVID-19 pandemic and subsequent hard national lockdown cannot be overstated when it comes to the construction industry.
As a result of the lockdown in South Africa, 14% of construction companies permanently shut their doors, according to a survey by Statistics South Africa released in May 2020.