Virus a blow for government's civil construction projects - economist

2020-03-31 19:57

With the Covid-19 outbreak, it's uncertain whether certain civil construction projects planned by government will be able to go ahead as planned, says an economist.

Coronavirus delays hit local construction industry

2020-02-12 06:02

Local construction projects are being impacted by indefinitely delayed shipments of material due to the novel coronavirus, says a director at a firm specialising in construction and technology law.

Scientists created carbon-sucking 'Frankenstein' bricks using microbes. The material can spawn its own babies.

2020-01-19 09:00

The brick contains bacteria colonies that grow when the atmosphere is humid. That could make it an ideal building material for a Mars settlement.

Business savvy sisters self-funded the first company to bring plastic bricks to SA - ‘I left my auditing job to do this’

2019-12-01 07:01

These women own South Africa's first eco-friendly brick company which manufactures bricks using sand and recycled plastic.

Caterpillar just flashed the latest warning sign for the global economy

2019-10-23 16:27

The construction equipment titan — a bellwether for global industry — posted a 6% drop in sales and an 8% drop in profit per share.

Group Five business rescue expected to save up to 3 500 jobs

2019-09-02 20:57

Group Five's business rescue plan will be executed in two phases and potentially save 3 000 to 3 500 jobs - but a large number of retrenchments are still expected, say business rescue practitioners.

City of Cape Town procurement process hobbling construction sector - industry body

2019-08-16 06:00

The slow tender and procurement processes of the City of Cape Town are further crippling property development and the construction sector in the city, claims the Western Cape Property Development Forum.

Watch: Engineers have built a Wall-E doppelgänger robot to make sure humans on construction sites are building to spec

2019-08-05 20:16

It could mean cutting down on fixing errors on site, which they say accounts for approximatly 20% of costs.

SA construction industry: delayed payment causing division - industry body

2019-06-27 21:05

The issue of delayed or non-payment of subcontractors by main contractors, within the South African construction industry is occurring at a more frequent rate.

Group Five puts three units up for sale in business rescue plan

2019-05-06 20:09

Group Five is preparing a sale of three of its biggest subsidiaries as the former South African construction giant strives to salvage what it can from bankruptcy proceedings

 

Fast-track construction projects after coronavirus pandemic, says industry body

2020-03-24 19:47

The property development and construction sector is already under severe strain and a lack of intervention could see it decimated, warns an industry body.

Stefanutti takes another knock as PSG slashes its stake

2020-02-06 21:47

PSG Asset Management has reduced its interest in construction company Stefanutti Stocks from 8.9% to 3.89%, just weeks after Sanlam Investments, too, reduced its interest in the construction firm.

No sign of recovery for Group Five construction company

2019-12-02 14:29

Group Five has issued an update on its business rescue process for the month of November.

Raubex sees 'substantial' increase in construction tenders

2019-11-11 13:35

The group’s secured order book has increased by 8% to more than R9bn.

Group Five creditors choose business rescue over liquidation

2019-09-11 19:13

The majority of creditors of construction and engineering company Group Five, have voted in favour of the business rescue plan proposed by practitioners overseeing the process.

OPINION: Construction companies in SA are increasingly run by women - here's why

2019-08-24 17:00

Nearly half of SA's construction enterprises are women-owned, says Boitumelo Thipe.

South Africa’s construction industry could become safer. Here’s how

2019-08-14 06:02

Globally, construction accounts for about 7% of employment, but 30-40% of all work-related fatalities, says Patrick Nwabueze Okonkwo.

More woes for Group Five as auditor resigns

2019-07-03 15:34

Group Five's external auditor PwC has resigned from the construction company, which is in business rescue.

Here’s why the majority of homes being built in SA now are flats or townhouses

2019-06-06 10:16

59.2% of all new residential properties constructed between January and March were flats and townhouses.

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This start-up construction company wants to tune-up excavators with self-driving tech

They’re meant to do the basic menial tasks of drivers, so humans can focus on the more complex work.

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