Construction turnover shows double digit recovery in Q1 2025, but smaller firms left behind as margins tighten
While gross fixed capital formation (GFCF) data had already shown a moderate outlook for construction investment in Q1 2025, more detailed quarterly financial statistics released for December 2025 paint a contrasting picture, revealing a strong 21.2% year-on-year increase in construction sector turnover, reaching R90 billion. This growth was driven largely by medium-sized enterprises, which saw…











