The South African Gross Domestic Product (GDP) decreased by 2.0% in the first quarter of 2020, Statistics SA has revealed.

Following two months of hard lockdown, the development of a 2 047-bed student village at the University of Fort Hare (UFH) has resumed this week.

Reports of the demise of the construction industry in South Africa are greatly exaggerated, says construction giant Grinaker-LTA.

The Master Builders Association (MBA) North is calling on government to assist the industry by proactively engaging with the industry to firm up the lockdown regulations as they pertain to the construction industry as timeously as possible.

Tuesday, 21 April 2020 21:20

Covid-19 compounds student housing crisis

The construction industry in South Africa has been brought to a halt by the spread of Covid-19.

Wednesday, 11 March 2020 20:35

Building the community from the ground up

It is imperative to the growth of the South African economy, and our social responsibility, that big businesses support small businesses within the construction industry, and give back to the community.

Highly complex contracts with performance milestones are the norm in the construction industry, particularly on big projects – a fertile breeding ground for disputes.

Business rescue is intended to provide a way for companies in financial trouble to return to profitable trading, thus saving jobs, preserving wealth and giving creditors a better return.

AltX listed, Brikor Limited a manufacturer and supplier of building and construction materials which also mines clay and coal through its wholly owned subsidiary Ilangabi Investments 12 was in provisional liquidation just four years ago.

-As a black-owned Level 1 B-BBEE certified company, we have always been an organisation that has gone above and beyond to attract people from previously disadvantaged communities to the construction sector as it is part of our philosophy of “building communities”.

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