Latest articles on Construction Industry

World Cup stadium construction cartel gets its comeuppance

Those construction firms that did not accept culpability and settle when accused of collusive tendering now face an unforgiving Competition Tribunal.

Foreign direct investment boosts African megaprojects

West Africa overtook East Africa in a construction boom that stretches the continent.

WBHO gets off lightly but Murray & Roberts left to stew

Construction company WBHO got off lightly for collusive tendering. But co-accused, Murray & Roberts's Concor company, will not be as lucky.

Aveng takes action on collusion-scandal employees

Construction company Aveng has explained how it held executives and employees involved in anti-competitive behaviour accountable, says a report.

Afrimat revenue grows to close to a billion

Industrial minerals and construction materials supplier Afrimat says revenue grew 38.8% to R931.9-million for the interim period to August.

Adcorp offers to buy Australian workforce firm

Adcorp has put in an offer to buy 100% of Labour Solutions Australia, saying the final consideration would depend on the company's earnings.

Constrictions choke off construction

The state's failure to get its infrastructure plans off the ground is frustrating industry.

Construction industry fraught with problems

The South African construction industry has major delivery issues that need to be fixed, says Public Enterprises Minister Malusi Gigaba.

Business confidence in building sector on five-year high

Business confidence is on the rise, according to the First National Bank/Bureau for Economic Research building confidence index.

Koster plenty: Is this SA’s most expensive road?

A road in the North West that is just 50km long 
has so far cost almost R5-million per kilometre to build and after four years is still unfinished.

Group Five reports profit in annual results

Group Five has reported a return to profit in its annual results to June 2013, citing growth in its order book as one of the reasons.

Calls to scrap state tender system

The laws do not solve basic issues for small black firms – such as access to capital.

M&G Newsroom: The construction cartel – can it be stopped?

We discuss how it is almost impossible to deal with collusion once and for all, and that despite clampdowns, cartels are likely to continue.

The flaw that broke the construction cartel’s back

A R4.7-billion construction cabal was brought down by one player refusing to pay the others their dues.

Construction cartels: Carrot-and-stick approach needed

Despite continuing clampdowns, cartels are likely to continue, experts in anti-competitive behaviour, economics and business ethics warn.

vital information

The Mail & Guardian’s essential coverage of the ongoing coronavirus crisis is free to read for everyone.

If you would like to support us, please consider taking out a subscription.

Latest

The living nightmare of environmental activists who protest mine expansion

Last week Fikile Ntshangase was gunned down as activists fight mining company Tendele’s expansions. Community members tell the M&G about the ‘kill lists’ and the dread they live with every day

Durban city manager says NPA erred in his bail conditions

The corruption-fraught metro is coming to grips with having a municipal manager who is on bail for graft, yet has returned to work

SA justice delays extradition of paedophile to UK

Efforts to bring Lee Nigel Tucker to justice have spanned 16 years and his alleged victims have waited for 30 years

Press Releases

Itec serves up high-tech integrated surveillance system for family food company

The system includes facial recognition software and a thermal screening solution that will provide instant temperature screening of all employees

Transport Month

An infrastructure-led recovery will help to stimulate demand in the South African economy, which is vital post the Covid-19 pandemic

Limpopo’s Economic Recovery Plan to fight Covid-19 impact

Billions have been set aside to help farmers and industries get back on their feet as part of the Limpopo Socio-Economic Recovery Plan

Disrupt the corrupt

Whistle-blowers should be seen as real heroes in the fight against corruption and we need a change in culture for this to happen

Corporates: A force for good for a sustainable future

In order to see people and nature thrive what is required is a strong focus on partnerships – we cannot act alone anymore

Combatting wildlife crime in Southern Africa activity annual programme statement (APS) No. 04

Concept papers are sought for implementating activities, for a multi-faceted programme that aims to reduce poaching and illegal trade in wildlife

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

The best local and international journalism

handpicked and in your inbox every weekday