A lack of progress on National Development Plan implementation is killing off SA’s construction sector and hampering economic growth, says Master Builders’ Association North.
The Renewable Energy Independent Power Producer Procurement Programme (REIPPP) is making a significant impact on the economy, job creation, community upliftment, economic transformation and climate change.
As South Africa’s population of university students has grown, so has the demand for accommodation; a Cape Town project being built by Concor Western Cape for client Respublica will help meet this need.
Ten SMMEs received their SAQA accredited NQF certificates at the announcement of the completion of the construction of a 4,5km community access road in Mzamba in the Mbizana Local Municipality.
Labour issues, late payment and slow growth ‘catastrophic’ for the sector, says Master Builders’ Association North.
The Master Builders Association (MBA) North says that the continuing trend of main contractors delaying payment of their sub-contractors – or defaulting altogether – is a symptom of the deteriorating health of the construction industry.
The announcement on the 15 June 2018 that Basil Read Construction is applying for business rescue is a clear indication of the critical state of the construction industry, says Mohau Mphomela, Executive Director, Master Builders Association North.
The gazetting of an amended Code of Good Practice on Broad-Based Black Economic Empowerment (BBBEE) specifically for the construction industry on 2 November 2017 opens up new opportunities for the industry, says Kwakho Mpepho, Education, Training and Transformation Manager at the Master Builders Association North.