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South Africa’s gross domestic product increased by 3.1% in the second quarter of 2019, Statistician General Risenga Maluleke revealed on Tuesday.

Despite the headwinds facing the world economy, the global construction sector entered 2019 with significant momentum, having seen growth of five percent in 2018.

A group of construction industry stakeholders has urged the industry to return to basics in order to overcome its current challenges successfully.

Construction remains a male-dominated industry but there are signs that women are starting to become better represented in this sector – to its great potential benefit.

South Africa suffered its worst decline in economic activity in a decade, in the first quarter of 2019.

Growthpoint Properties’ multi-million-rand 144 Oxford Road development is set for completion in October 2019, establishing a new landmark office address in Rosebank with a uniquely elastic design that supports modern businesses to thrive and evolve.

News of yet another principal contractor entering business rescue with tens of millions in debt puts scores of sub-contractors at risk, says MBA North.

Climate change is a trending topic that is gaining momentum. With movements like 16-year old Greta Thunberg’s Fridays for the Future gaining notoriety this is something that we need to address.

The Master Builders Association (MBA) North says that the continuing trend of main contractors delaying payment of their sub-contractors – or defaulting altogether – is a symptom of the deteriorating health of the construction industry.

Thavhani City, the major economic centre in Thohoyandou, Limpopo, has welcomed the opening of the first Builders Express in the region in its precinct.