Residential building activity in the planning phase improved, with the construction phase contracting in the first four months of 2018.

The announcement on the 15 June 2018 that Basil Read Construction is applying for business rescue is a clear indication of the critical state of the construction industry, says Mohau Mphomela, Executive Director, Master Builders Association North.

The Property Practitioners Bill (PPB) was gazetted for comment in March 2017, and the industry is holding its breath for the 10 000 new jobs that will likely be created with its official implementation, but prospective home buyers must take heed not to trust unqualified service providers.

Saturday, 02 June 2018 01:51

Kzn's time to shine

South Africa’s eastern province of KwaZulu-Natal, with its diverse culture, year-long sublime climate and abundant natural heritage sites and attractions, has the pull power to bring even more international and domestic tourists to its shores, and has the most potential nationwide to become the tourism capital of the country.

The gazetting of an amended Code of Good Practice on Broad-Based Black Economic Empowerment (BBBEE) specifically for the construction industry on 2 November 2017 opens up new opportunities for the industry, says Kwakho Mpepho, Education, Training and Transformation Manager at the Master Builders Association North.

Gemgrow, a South African focused, high growth, high yielding REIT listed on the JSE, today released interim results for the quarter ending 31 March 2018.

With green building becoming a crucial part of developing smarter and more sustainable African cities, the Royal Institution of Chartered Surveyors (RICS) is pleased to announce the Green Building Council of South Africa (GBCSA) as a key participant and sponsor of RICS Summit Africa 2018, set for Sandton this month.

We expect reasonable growth from global markets this year but within a more volatile environment. We do, however, expect that these headwinds will eventually slow global activity, likely causing growth around the world to disappoint in late 2019 and early 2020.

The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period June to December 2017 recently released indicate that expectations relating to industry confidence levels for the first six months of 2018 are still very positive increasing in the last six months of this year.

Global leader in facilities management (FM) Kath Fontana FRICS has been elected to the role of Senior Vice President of the Royal Institution of Chartered Surveyors (RICS).

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