The South African Reserve Bank (SARB) increased the repo rate by 25 basis points to 7.00% during its May 2026 Monetary Policy Committee meeting, citing rising inflation risks linked primarily to higher global oil prices and ongoing geopolitical tensions. Alongside the rate increase, SARB revised its inflation forecasts higher and lowered its economic growth expectations,…
South Africa imported 141,063 tons of cement during April 2026, up 23.3% compared to April 2025, while year-to-date imports reached 474,041 tons, an increase of 8.4%. However, average import values fell sharply, declining from R802/t to R687/t on a year-to-date basis, indicating continued pricing pressure from imported product. Vietnam remained the dominant supplier, accounting for…
South Africa’s residential property market continued to strengthen during 2025 and early 2026, supported by lower interest rates and improving buyer confidence. However, growth remains highly uneven across the country, with a handful of provinces driving most of the market’s momentum. The Western Cape remains the standout performer, leading the country in house price growth,…
South Africa’s provincial infrastructure market showed further signs of recovery during the 2025/26 fiscal year, with expenditure on Buildings and Other Fixed Structures increasing by 13.5% to R33.9 billion and conditional grant expenditure rising to a record R59.0 billion. Strong growth in roads maintenance, education infrastructure and selected provincial programmes supported demand for construction materials,…
Industry Insight’s latest Cement Retailer Distribution Survey highlights the growing role of retailers within South Africa’s construction supply chain. Based on 129 active construction projects valued at R13.2 billion, the survey found that retailers now account for 46% of cement exposure by project value and are involved in nearly three-quarters of all projects surveyed. This…
The week’s developments reinforce the growing role of infrastructure renewal, energy investment and industrial development as key drivers of South Africa’s construction market. Metro budgets continue to prioritise water, sanitation and electricity infrastructure, while projects such as the Fetakgomo-Tubatse SEZ, Eskom’s solar programme and LNG infrastructure developments highlight emerging opportunities across the civil, energy and…
The Preferred Supplier Survey, pioneered by Industry Insight, evaluates the Market Exposure Rate (MER) of key construction material suppliers within the construction industry. MER is used to measure supplier participation in projects based on their exposure to project values rather than sales volumes. The May 2026 Preferred Supplier Survey covered 200 construction projects valued at…
South Africa’s metropolitan municipalities are entering a new phase of infrastructure investment, with the 2026/27 budget cycle highlighting a clear shift towards water, sanitation and electricity infrastructure. While roads, transport and housing remain important, metros are increasingly prioritising the rehabilitation and expansion of essential utility networks to address ageing infrastructure, improve service delivery and support…
The Provincial Construction Pipeline Report provides a consolidated view of South Africa’s forward-looking construction activity using Industry Insight’s Provincial Construction Pipeline Model, a unique, bottom-up data-driven framework that tracks and quantifies both public-sector tender activity and private-sector building approvals across all nine provinces. By combining monthly building approvals, CIDB-graded tender releases, and major project announcements,…
Investor sentiment towards South Africa’s construction sector remained mixed during May 2026, with gains concentrated among a handful of companies rather than reflecting a broad-based industry recovery. Strong performances by PPC (+15.1% m/m) and Stefanutti Stocks (+6.5% m/m) supported market sentiment, indicating growing investor confidence in selected infrastructure and construction-related opportunities. However, weakness among other…
