Global backhoe loaders market has witnessed considerable growth in the past few years in the residential and construction sector, owing to rapid population expansion and a significant rise in household disposable incomes in the developed as well as developing countries.
The discovery of large reserves of mineral resources in Mozambique has spurred many companies on to explore opportunities within the country’s mining sector.
Afrimat reports a 25.3% rise in HEPS to 95.2c in the six months to August from the year-earlier period.
Construction trends for 2016 reveal economic rebalancing, with activity fading in the mining sector, but picking up in home building, says Frans Pienaar, Chairman of Inyatsi Construction.
Momentum SP Reid Securities recently cites the building materials and associated hardware retail sector that Cashbuild and Italtile operate in as a 'standout industry in a lacklustre economy'.