Government will in the coming months expedite the implementation of at least 50 infrastructure projects with a total investment value of more than R340 billion.
Failure by construction industry players to comply with Covid-19 hygiene regulations and protocols could lead to site shutdowns which the industry can ill afford, says Databuild CEO Morag Evans, given that it was already in a severe slump prior to the outbreak of the pandemic.
The Master Builders Association (MBA) North has broadly welcomed President Ramaphosa’s vision of massive infrastructure spending as the “flywheel” of South Africa’s recovery from the COVID-19 crisis.
Reports of the demise of the construction industry in South Africa are greatly exaggerated, says construction giant Grinaker-LTA.
The sudden announcement of the lockdown by President Ramaphosa understandably raised serious and immediate concerns in the building industry.
Consulting Engineers South Africa (CESA), the industry association for consulting engineers, representing a member base of over 500 companies which employ over 23000 people in various capacities is dismayed by the current cabinet reshuffle.
Nomkhosi Msimang is one of the few tenants at the Westgate Grange Social Housing Site who got a change to meet President Jacob Zuma.
Eskom say it can pay for the nuclear build programme because it will have accumulated a R150bn cash pile in the next 10 years, says head of generation, Matshela Koko.
President Jacob Zuma says infrastructure development is crucial to industrialising the economy and creating employment during turbulent times.