Coming off a record low base, Gauteng offers some opportunities in the office space environment. Gauteng continues to dominate with the highest number of sqm approved for new office space development, and increased by 234 percent y-y over the last 12 months, compared to an overall increase of 129 percent. This is not enough to…
After an increase of 32 percent q-q in 2023Q3, estimated tender values were lower for the month of October, down 20 percent y-y compared to the same month in 2022. Despite a robust increase in tender values for bridge construction, lower values in road tenders (down 5 percent) and water project tenders (down 32 percent),…
In this month’s monitor we look at the manufacturing production capacity of cement and aggregates that has underperformed against the overall manufacturing production capacity across all sectors, with a decline of 2 percent y-y in Q3. Mining production of building materials was also lower after a robust increase in Q2. Trends in the retail and…
The North West recorded the highest growth rate for Q3, with the construction labour force expanding by 38.5 percent (or 19 000) to 68 000. This was also 16 percent higher compared to the same period in 2022, and around 10 percent above its 11-year average. Construction was the best performing sector in the North…
Manufacturing production utilisation of cement and aggregates declined by an average of 3 percent in the 1st three quarters of 2023, under performing against total manufacturing production utilisation. Insufficient demand remains the highest constraint although an increasing percentage of respondents referred to raw materials as a production constraint.
This represents an increase of 12.7 percent y-y (constant), with the largest increase in rand terms in Mpumalanga, up 50.8 percent y-y to R1.7bn. Kwazulu Natal provincial government spent close to R3bn, with a moderate below average increase of just 3.5 percent, while the Western Cape seems to be falling behind, as expenditure slumped 20…
Northern Cape contributed 36 percent to the total number of road construction projects awarded in the first three quarters of 2023 (measured in Km’s), followed by Eastern Cape and Western Cape. Overall Km’s awarded increased by near three-fold in the first three quarters of 2023, compared to the same period in 2022, reaching close to…
A comprehensive dataset of local government capital expenditure on key focus areas (housing, health, energy sources, road transport, water management, waste management and waste water management), including various performance indicators. Includes budgetary and actual capital expenditure trends for 2021/22 and 2022/23, for all 257 municipalities across nine provinces, updated quarterly. Click here to download the…
Our monthly monitor includes updates of key data indicators, trends and developments affecting the South African construction sector. Fewer projects were approved for private sector building construction in July, with the annual rate of decline accelerating to 7.2 percent over the 12-month period, although there seems to be an uptick in demand for office space…
The outlook for residential development weakened further with another steep decline in July 2023. All provinces are feeling the brunt of higher lending rates, with declines reported across all nine provinces. Almost 40% of residential approvals are in the Western Cape that has become 28 percent larger than the residential market in Gauteng. As current…
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
