Local cement manufacturers are being severely undermined by cheap imports from countries such as China, Vietnam and Pakistan.
Mace has released its latest tender cost update for Sub-Saharan Africa, showing mixed performances for the region’s two most prominent economies.
The cost of global construction is set to rise by 4.3 percent during 2018 compared to 4.1 percent in 2017, as developers face the challenge of continued shortages of relevant skills to deliver an increasing number of projects, according to new research from global professional services firm Turner & Townsend.
Building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in both the planning and construction phases in the first eight months of 2017, based on data released by Statistics South Africa.
Residential building activity with regard to new private sector-financed housing in South Africa (see explanatory notes) continued to contract in the first two months of 2017 compared with the corresponding period in 2016.
Building activity with regard to new private sector-financed housing in South Africa (see explanatory notes) remained much subdued in the first eleven months of 2016 compared with the corresponding period in 2015, based on data published by Statistics South Africa.
The Consulting Engineers South Africa (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2016, just released indicates that times remain tough.
Investec says the real value of total building plans passed con tracted for the fourth consecutive month in August.
The first quarter of 2016 saw some steady single-digit year-on-year growth in the volume of building activity in both the planning and construction phases of the South African market for new housing.
Levels of residential building activity in the South African market for new housing improved in 2015, but growth remained relatively low at between 4% and 5% from the 2014 levels of activity.