Construction Weekly 27 February 2023

These last few weeks have been nothing but a roller coaster ride. Despite all the justifiable pessimism around the 2023 Budget, I was encouraged by the increase in the budgetary allocations towards “Buildings and other fixed structures” that shows a double digit real (adjusted for inflation) increase by government, over the next three years.  We are busy digesting the numbers for each of the votes to get a proper handle on exactly where these allocations will be increased. The overall allocations for public sector infrastructure were increased to R903bn, the highest......