Former president Jacob Zuma was never going to remain the all-powerful and omnipresent political figure that he thought, writes Pieter du Toit.
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.
Nearly half of SA's construction enterprises are women-owned, says Boitumelo Thipe.
Globally, construction accounts for about 7% of employment, but 30-40% of all work-related fatalities, says Patrick Nwabueze Okonkwo.
Group Five's external auditor PwC has resigned from the construction company, which is in business rescue.
59.2% of all new residential properties constructed between January and March were flats and townhouses.
They’re meant to do the basic menial tasks of drivers, so humans can focus on the more complex work.
Highway projects in the Western Cape, Eastern Cape and Limpopo are affected.
South Africa’s construction industry is being demolished, says Janice Kew.
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%.
Seoul's Lotte World Tower won the Emporis Skyscraper Award, which honors the top skyscrapers of the year.
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.
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.
It could mean cutting down on fixing errors on site, which they say accounts for approximatly 20% of costs.
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 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
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.
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.
Property group Growthpoint is the majority shareholder of the building.
The tallest skyscrapers build in 2018 are mostly in China, with the exception of a few giant structures in Philadelphia and Malaysia.
The longest suspension bridge in Africa has officially been opened.
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Apartments / Flats
R 6 250 000
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