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.

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Stern warning against Covid greets Mthembu’s death

The ANC has slammed conspiracy theorists and cautioned against showing complacency towards the deadly virus

Lala ngoxolo Mvelase Jackson Mthembu

In his announcement, President Cyril Ramaphosa called the late minister ‘a life-long champion of freedom and democracy’

Secret meetings with Zuma could sink Mkhwebane

An alleged string of lies about Mkhwebane’s meeting with the former president in her contentious R3.2-billion Absa report has the public protector in a legal wrangle

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