Industry Insight will be hosting a webinar to have an informal and interactive discussion on current trends in the South African Construction Industry. This will be the first of regular get togethers, to collaborate, share opinions and debate the outlook for the sector. Date: 10 October 2023 | 11:00am – 12:00pm | Click here to…
In a refreshing turnaround, the construction industry was the star performing sector in the 2nd quarter of 2023, adding 104 000 jobs to the national construction labour force, an increase of 8.6 percent q-q, but with strong provincial differentiation. Expansion was reported in both the formal and informal markets in the construction sector. Can the…
The construction labour force expanded by 10.8 percent y-y in the 2nd quarter of 2023, with the Western Cape up 73 percent, surpassing Kwazulu Natal as the province with the second highest construction labour force. By comparison the labour force in Gauteng shrunk by 8.5 percent over the last 12 months.
The spatial overview shows the distribution of CIDB Grade 9 projects put out to tender for the period January – June 2023. For this and more information on construction activity contact our offices.
The composite index for construction materials moderated to 4.4 percent in June 2023, with the average annual inflation for the first six months slowing to 7.2 percent. This is still above the average headline inflation of 6.6 percent for the first six months of 2023. Some of the core building materials, like paint bricks,ceiling boards…
According to the 2023 Blue Drop Watch Report. R1.5bn is required to restore the country’s water supply systems to design capacity. On average the country achieved a 69 percent satisfactory level, with Gauteng the best at 82 percent and Northern Cape the worst at 58 percent.
Just released: Focus report on key trends and potential developments in the Northern Cape and how it could potential impact the investment outlook for the province.
The estimated value of civil projects out to tender increased by 81 percent y-y in the 2nd quarter of 2023 (current prices). Higher values were reported in most of the provinces, except in the Northern Cape, North West and Mpumalanga. The value of road projects doubled by comparison to last year, with a 77 percent…
Formal employment in the construction industry fell by 5.1 percent y-y in the 1st quarter of 2023, which was the strongest decline across all of the non-agriculture sectors. Total formal employment fell by 1 percent y-y, with the mining sector having increased formal employment by 4.1 percent.
Indicators released during the month of June 2023 remain supportive of an improved outlook for civil investment, while economic fundamentals remain weak, and deteriorated even further in June, for the building industry. One positive this month was the lower-than-expected headline inflation rate that came in at 6.3 percent, although inflation excluding regulated prices, is still…
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
