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.
Today, the Bargaining Council for the Civil Engineering Industry (BCCEI) announced the signing between all parties in the civil engineering sector of a three-year settlement agreement with respect to wages and conditions of employment.
Consistently increased demand for medium to large range mobile cranes has seen Johnson Crane Hire strengthen its position as the leading crane hire company by ensuring that these machines are readily available directly from its branch network.
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.
“Young people must take it upon themselves to ensure that they receive the highest education possible so that they can represent us well in future as future leaders.Education is the most powerful weapon which you can use to change the world,” proclaimed the late Former President Nelson Mandela.
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.
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.
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…