CEMENT producers have been caught off-guard by rapid growth in demand over the past year and SA may face a shortage of cement by 2007.
THE construction sector would do well to introduce black economic empowerment partners as soon as possible because some large government contracts are expected to be put out to tender in the next year or so.
Wilson Bayly Holmes-Ovcon makes the contracting business look easy - until you look at the performance of its peers in the construction sector
South Africa's civil engineering sector, hit by a slump in revenues as contracts fall, could shed thousands of jobs this year, a key industry official warned yesterday.
SA's second-largest construction company, Murray & Roberts, retrenched about 2000 people in the six months to December
Construction companies concerned about the absence of a mention of promised infrastructure in the budget
CONSTRUCTION stocks were hit hard on Monday after Aveng warned its profit would fall by half. But the stampede lost momentum fairly quickly, and most of the shares in the sector, apart from Aveng, had recovered lost ground by the close of trade.
Alpha, one of SA's three largest cement producers, says its R29m rebranding exercise is not indicative of intentions by its largest shareholder to up its stake in the South African company

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