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The South African Competition Commission has referred a supplier of the main ingredient in bricks used in the construction of affordable housing to the Competition Tribunal for charging excessive prices.
With South Africa and Nigeria being Africa’s two biggest economies, the recent credit rating downgrades by global ratings agencies, will negatively affect both nations and hit Africa’s overall economic growth.
Working to exact measurements, a fast-track construction programme, unprecedented rainfall, operating within 100 metres of a premier Sandton Hotel and having two tight site boundaries are a few of the challenges faced by leading building contractor, Murray & Roberts Buildings, on its contract at 135 West Street in the heart of Sandton.
Ground was broken for the first time at the 10-storey Infinité high-rise residential development in Bedfordview, Johannesburg, in an historic ceremony held on Sunday.
Durban, 27 March 2017 : As construction continues apace on the Cornubia Integrated Human Settlement development which is implemented in a phased manner across the 1,300Ha site bordered by Umhlanga Ridge Town Centre to the East, Mount Edgecombe to the South, Phoenix to the West and Verulam/Ottawa to the North.
In times of weak economic growth, companies need to be that much smarter to survive and thrive.
"GTC delivered solid results in 2016, several value accretive acquisitions and completions of office projects contributed significant to NAV and NOI growth.
The first month of 2017 saw building activity with regard to new private sector-financed housing in South Africa (see explanatory notes) contracting by a relatively large margin, based on data published by Statistics South Africa.
Mpumalanga Premier David Mabuza has committed to build 1 000 RDP houses for the Louisville mining community living next to the closed Lily Mine in Barberton.
JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has announced plans for Rosebank Link, a new 15 storey office tower located at 173 Oxford Road in the heart of bustling and cosmopolitan Rosebank.