BUILDING costs are rising faster than recent figures suggest, and threaten to slow the pace of further development, First National Bank economist John Loos said yesterday.

Spending on construction could exceed R100bn this year due to low interest and inflation rates, says the Master Builders Association of SA. 

Domestic cement producers have benefited handsomely from the strong rise

REMAIN COMMITTED: Standard Bank Properties’ Mariette Warner.

One of the biggest problems facing the South African construction industry is a 'massive' shortage of labour skills

Bidvest plans to spend an initial R100 million this year on upgrading subsidiary Bidfreight Terminals' port side facilities in Durban

Stellenbosch Bureau for Economic Research (BER) says building industry confidence is at levels last seen in the economic upswing of 1978 to 1981

Demand driving residential sector

Property boom driving demand for materials

The water affairs and forestry department had approved an above-inflation tariff increase of 6,1% for the bulk raw water supplied out of the Vaal River, the ministry said yesterday.