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.

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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These SA highway projects have been left half-finished after two construction giants went bust

2019-03-29 05:37

Highway projects in the Western Cape, Eastern Cape and Limpopo are affected.

Group Five collapse signals SA construction demise

2019-03-12 18:59

South Africa’s construction industry is being demolished, says Janice Kew.

Raubex warns of 20% drop in earnings

2019-02-12 19:36

JSE-listed infrastructure development group Raubex is expecting its earnings per share and headline earnings per share for the year ending 28 February to fall by at least 20%.


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

Chaotic cities getting you down? Enter sustainable precincts – SA's answer to the urban jungle

2019-04-21 08:43

In Dunkeld, Johannesburg, a mixed-use precinct development is rising. The goal: 14 000 employment opportunities and accommodation for 2 500 residents in a single environment where people can live, work and play.

Civil construction goes from bad to worse as confidence hits record low

2019-03-26 13:02

The performance of the civil construction sector in South Africa has gone from bad to worse, with the latest FNB/BER Civil Confidence Index reflecting the lowest confidence levels ever recorded.

Discovery is paying R23 million a month to rent its shiny new head office, which has a roof-top running track

2019-02-19 13:04

Property group Growthpoint is the majority shareholder of the building.

The tallest skyscrapers of 2018 include a helipad, sky gardens, and an indoor skating rink

2019-01-01 09:02

The tallest skyscrapers build in 2018 are mostly in China, with the exception of a few giant structures in Philadelphia and Malaysia.

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