Young entrepreneurs eye construction empire

2015-10-02 20:43

A coincidental meeting between two young entrepreneurs from Durban has turned into a successful construction business which now employs 52 people.

Master Builders building skills

2015-09-02 18:17

There is a persistent shortage of skills in the South African construction industry, according to the Master Builders Association Western Cape.

Cement the new oil as Africa’s richest man takes on Lafarge

2015-08-25 09:16

Africa’s richest man is pushing to dominate its market for cement, the material at the heart of the continent’s infrastructure boom.

Group Five falls most in 8 months, profit halves

2015-07-27 15:39

Group Five has plunged the most since November 17 after saying fiscal full-year profit fell as much as 50%.

Growth in UK construction picks up

2015-06-02 11:45

Optimism among British construction firms has hit a nine-year high after Prime Minister David Cameron scored an unexpectedly decisive election victory.

‘Boom in construction won’t last’

2015-05-06 09:59

The proposed R800bn investment in infrastructure over the next three years will be a shot in the arm for construction, but should not be seen a panacea.

Orascom Construction offers shares in $185m IPO

2015-03-04 12:09

Orascom Construction plans to offer 11% of its shares on the Cairo bourse to raise $185m, with the business seeking a dual listing on the Egyptian stock market.

Aveng posts drop in earnings

2015-02-17 11:12

Aveng has reported a drop in half-year profit, hit by a slowdown in public building projects and spending in the mining sector as well as labour disruptions.

PPC achieves positive cement sales

2015-01-27 15:00

The operating environment in SA remains tough due to weak economic growth, power shortages and increased competitor activity, says PPC.

Construction starts on Gauteng's 'Manhattan'

2015-01-08 08:28

Construction has started on a new Chinese-financed R84bn city in Modderfontein touted to become a "New York of Africa", according to a report.


Lafarge Zim struggles amid increasing rivalry

2015-09-30 11:10

Lack of major national projects and large commercial infrastructure projects has seen Lafarge Cement Zimbabwe post reduced revenues for the half year to end-June.

UK construction growth inches up in August

2015-09-02 15:27

A pick-up in house building has helped growth in Britain's construction sector speed up slightly, but the expansion remains weaker than last year's rebound

From R290m to R1.8bn to build mental hospital

2015-08-03 11:00

The construction of the Kimberley Mental Hospital, which is expected to be concluded in a year’s time, will bring to a close an 11-year nightmare that has seen building costs escalate from R290 million to R1.8 billion.

Tender price competition worst in years - index

2015-06-24 17:27

Tendering price competition is at its worst level since the end of 2011, according to respondents taking part in the latest FNB/BER Civil Confidence Index.

US housing construction surges to 7-year high

2015-05-21 08:33

US new home construction has jumped to its strongest pace in more than seven years in April, leaving behind the winter slowdown.

Attempt to create SA’s greenest student res

2015-04-17 13:35

Stellenbosch University’s new student residence, which is currently under construction, has set its sights on being the greenest residence in Africa.

Building costs continue to soar

2015-02-20 12:12

Growth in the planning phase of residential building in the SA market for new housing was at its highest level in over 10 years in 2014, says an expert.

UK construction growth unexpectedly rebounds

2015-02-03 15:15

Growth across British construction companies has rebounded unexpectedly in January after a slow end to 2014.

Higher demand for new construction work

2015-01-14 15:36

Civil contractor confidence was higher in the fourth quarter of 2014 despite pressure on actual construction work and profitability, according an index.

UK construction PMI falls

2015-01-05 13:00

Britain's construction sector has grown at its slowest rate since July 2013 last month, industry data has shown.

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