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Level of activity in construction sector recovers by 9% since Q1 – index

Level of activity in construction sector...

JSE-listed construction materials supplier Afrimat’s latest Afrimat Construction Index ACI rose by 4% in the third quarter, compared with the second quarter. This follows a gain of 7% between April and June. The ACI is now more than 9% higher than after the sharp decline that occurred in the first quarter. The ACI is a composite index of the level of activity within the building and construction sectors and is compiled by economist Dr Roelof Botha. “This reflects a welcome and broad-based recovery of the level of activity in the South African construction sector, with all of the eight constituent indicators recording gains over the second quarter.“It is also encouraging that the overall...

JSE-listed construction materials supplier Afrimat’s latest Afrimat Construction Index ACI rose by 4% in the third quarter, compared with the second quarter. This follows a gain of 7% between April and June. The ACI is now more than 9% higher than...

JSE-listed construction materials supplier Afrimat’s latest Afrimat Construction Index ACI rose by 4% in the third quarter, compared with the second...

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Wind energy powers up in South Africa

Wind energy powers up in South Africa

After two years of uncertainty, the wind energy industry is pumping again, with R50-billion of investment realised this year, says South African Wind Energy Association SAWEA chairperson Tebogo Movundlela. She told delegates at the opening of the 2018 Windaba, in Cape Town, on Wednesday, that this aligned with President Cyril Ramaphosa’s call to mobilise investment in South Africa. “South Africa is on the cusp of creating a dynamic energy future,” said Movundlela. She said she was very pleased that the draft Integrated Resource Plan IRP had recognised renewable energy as the cheapest form of electricity, pointing out that the price of wind had halved and was now 79c/kWh. “The draft IRP...

After two years of uncertainty, the wind energy industry is pumping again, with R50-billion of investment realised this year, says South African Wind Energy Association SAWEA chairperson Tebogo Movundlela. She told delegates at the opening of the...

After two years of uncertainty, the wind energy industry is pumping again, with R50-billion of investment realised this year, says South African Wind...

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Struggling construction industry requires intervention, but can recover

Struggling construction industry require...

The capital construction industry in South Africa is at a crossroads, with declining activity and productivity and a bleak future outlook.Efforts are need to turn the industry’s fortunes around, Construction Industry Institute-Africa CII-Africa director Dr Giel Bekker told Engineering News Online on the sidelines of CII-Africa’s Capital Projects in South Africa at a Crossroads Mapping a Way Forward workshop, held in Pretoria, on Monday.The workshop discussed the challenges facing the capital projects industry. Following the surge in projects before the 2010 FIFA World Cup, the South African capital project environment has witnessed a steady decline. This has been complicated further by some...

The capital construction industry in South Africa is at a crossroads, with declining activity and productivity and a bleak future outlook.Efforts are need to turn the industry’s fortunes around, Construction Industry Institute-Africa CII-Africa...

The capital construction industry in South Africa is at a crossroads, with declining activity and productivity and a bleak future outlook.Efforts are...

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