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• Create Date November 5, 2024
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Preferred Construction Material Supplier and Competitor Survey October 2024

The "Preferred Supplier and Competitor Survey" report from October 2024 offers key insights into the construction material supply industry in South Africa. Survey Scope: The survey assessed 75 active construction projects worth around R15.7 billion, awarded primarily in March 2024. It focused on sectors such as education, social housing, power, water, and roads. Additionally, it reviewed 20 projects from 2023, valued at R6.6 billion, facing delays due to payment issues, weather, and community disruptions.

In October 2024, the Preferred Supplier Survey revealed key insights into South Africa's construction industry. Despite a rise in project values, the sector faces supply chain disruptions, community-related delays, and increased project cancellations. High-value projects, especially in education, housing, and infrastructure, are progressing slower due to financial constraints and local challenges. The report highlights competitive pressures among suppliers and efforts to enhance female participation through SANRAL’s development initiatives. Slowed inflation on material costs offers some relief, but efficient supply chain management and community engagement remain critical for project success.

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