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…
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.
The total number square metres approved by local government…
R35bn Transnet Push and R8.1bn Metro Funding Put Infrastructure…
