Displaying items by tag: Construction Industry

The South African Institute of Valuers (SAIV) has welcomed the State of the Nation Address (SONA) by President Cyril Ramaphosa on Thursday, 11 February.

In his State of the Nation Address (SONA 2021), President Cyril Ramaphosa announced that the R100 billion Infrastructure Fund is now in full operation.

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.

The South African Institution of Civil Engineering (SAICE) welcomes the establishment of the newly formed construction industry umbrella body, Construction Alliance South Africa (CASA).

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 Eastern Cape remains a very attractive and keenly contested market for construction activity.

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.

As the economy slowly starts to recover from the devastating impact of the Covid-19 pandemic.