Building & Construction News

Holidaymakers head to Durban despite Covid-19 beach ban

  • 18-12-2020
  • IOL

Durban - Hundreds of holidaymakers have been driving towards Durban and the N3 Toll Concession said traffic volumes began steadily increasing from around 5am on the Day of Reconciliation. Before midday on Thursday, a total of 1 900 vehicles had be...

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The generational first-time home buyers surge – an indication of recovery for the property market?

  • 18-12-2020
  • Property Wheel

The current prime lending rate of 7% is a phenomenon the South African property market has not witnessed in decades. Accompanying this is the resurgence of younger generations of first-time buyers entering the residential space and a reality the prop...

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Cracks in building industry

  • 17-12-2020
  • Sunday World

Johannesburg – Data from Statistics SA have laid bare the tough year the construction industry has had to endure. Key findings from the selected building statistics of the private sector as reported by local government institutions show that the v...

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‘Compromised’ R4 billion Tshwane tender cancelled

  • 17-12-2020
  • The Citizen

The tender was meant to run over a three-year period and was focused on the corporate hire of general construction vehicles, yellow plant equipment, refuse removal vehicles, specialised equipment and machines for the municipality. The Tshwane met...

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Amathole gives up on tender court challenge

  • 15-12-2020
  • Daily Dispatch

Amathole district municipality has given up on its East London high court challenge to its handling of a R23m tender to provide Cathcart residents with bulk waterworks. ADM waited until the last moment before conceding that the tender ought to...

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Top 5 most expensive highways and interchanges in Africa 2020

  • 15-12-2020
  • Briefly

Infrastructural development is a priority for many countries in Africa. Some nations have been heavily investing in the construction of roads, which is the major mode of transportation. Highways and interchanges, for instance, have come in handy in e...

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New hospital aims for June opening

  • 14-12-2020
  • Daily Dispatch

The R300m Royal Buffalo Medical Centre in East London, now under construction opposite Frere Hospital, aims to admit its first patients in June. It is just one of the megaprojects that will be a catalyst igniting the Eastern Cape’s 2021 constructi...

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Ethekwini planning to buy Funworld for R40m to boost Durban tourism

  • 14-12-2020
  • IOL

Durban - THE eThekwini Municipality is proposing to purchase Durban beach front attraction Funworld for R40 million to bolster the city's tourism sector. The proposal is a joint venture between the city and uShaka Marine theme park. The report app...

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Stats SA ‘grossly underestimating’ construction sector activity

  • 11-12-2020
  • Moneyweb

Economist Roelof Botha has no doubt that Statistics South Africa (Stats SA) is grossly underestimating the level of construction sector activity in South Africa. Botha on Thursday questioned how there can be a 21% decline in official value added b...

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Coega has a busy year in construction

  • 11-12-2020
  • Bizcommunity.com

The Coega Special Economic Zone (SEZ) is a hive of activity with projects under construction. Despite the difficult and unfavourable business environment due to Covid-19 related challenges. “Whilst we can all agree this year hasn’t been easy, we’v...

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