As a result of the lockdown in South Africa, 14% of construction companies permanently shut their doors, according to a survey by Statistics South Africa released in May 2020.
The sudden announcement of the lockdown by President Ramaphosa understandably raised serious and immediate concerns in the building industry.
The BIBC has decided to publish the names of some of its worst offenders in an effort to raise awareness amongst financiers and private clients that engage with these contractors.
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