The construction of Tshwane Regional Mall in Mamelodi is progressing beyond expectation.

The NHBRC’s Disciplinary Committee imposed a fine of R1, 6 million on a developer, PJJ Van Vuuren Beleggings (EDMS) BPK (NHBRC reg. no. 4526), for failure to enrol 160 residential units which were under construction at Erf 1943, Elarduspark in Gauteng.

The tourism industry is expected to grow in Mkhanyakude, KwaZulu-Natal, following a decision by the provincial government to upgrade Mkhuze Airport.

Despite rapid globalisation with investment funds flowing across borders and money pouring into constructed assets, the construction profession has until now, lacked a common language and framework for classifying and reporting construction costs.

Since its arrival into the South African market in April 2015 with the acquisition of a majority stake in Wasteman Holdings, Averda’s operations in the region have strengthened, spurred by a number of major new contract wins.