Much in line with developments in 2018, private sector-financed building activity (see explanatory note) in the South African market for new housing showed divergent trends in early 2019, based on data released by Statistics South Africa.

Published in Construction Industry

Following Finance Minister Tito Mboweni’s first budget, economist Dr Azar Jammine has raised hopes for a “major recovery” in the South African economy, but he warned it was unlikely to happen before 2021.

Published in Construction Industry

After falling to 29 in 2Q2018, the FNB/BER Building Confidence Index was unchanged in 3Q2018.

Published in Construction Industry

The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.

Published in Construction Industry
Tuesday, 01 September 2015 14:57

Basil Read writes in an improved chapter

Basil Read posted improved results for the six months to June, but said there was some pressure regarding working capital because of imbalances in credit and debtor payments.

Published in Construction Industry

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Murray & Roberts is South Africa’s leading engineering and construction services company. It has delivered infrastructure throughout South and Southern Africa for more than 110 years and is today recognised as an international engineering and construction…