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.
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.
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.
President Cyril Ramaphosa has highlighted preparation - through the Infrastructure South Africa (ISA) project preparation roundtable - as the key to unlock South Africa’s post COVID-19 economic recovery.
The Master Builders Association (MBA) North has broadly welcomed President Ramaphosa’s vision of massive infrastructure spending as the “flywheel” of South Africa’s recovery from the COVID-19 crisis.
The entire construction industry reopened on 1 June with the advent of Alert Level 3, largely as a result of the extensive lobbying by the Construction Covid-19 Rapid Response Task Team, which comprised Master Builders South Africa along with various other industry bodies.
As the construction industry gears up to return to work when the lockdown moves to Level 3 on 1 June, industry stakeholders need to come together to reach a consensus on a number of contentious issues, says Wayne Albertyn, Director of Gothic Construction and President of MBA North.
The Master Builders Association (MBA) North is calling on government to assist the industry by proactively engaging with the industry to firm up the lockdown regulations as they pertain to the construction industry as timeously as possible.