Investment in construction fell by 0.5 percent y-y in 2022Q3 (constant 2015 prices), to R58.6bn, coming of an already low base in 2021Q3. Residential investment increased by 3.9 percent y-y, but this was offset by a 0.6 percent contraction in non-residential investment and a 3.7 percent contraction in construction works. Click here for the GDP…
Provincial expenditure on buildings and other fixed assets declined by 2 percent y-y (real terms) in the first two quarters of the 2022/23 financial period (as at September 2022). Western Cape however, increased spending, up 38 percent y-y. The full dataset by province, including budgets and actual expenditure, from 2018/19 to 2022/23, is now available…
In this month’s survey the issue of contractors using average pricing in order to prepare tender documents are highlighted, particularly in rural areas. This monthly survey includes feedback on producers and suppliers of paint, cement, floor surfaces, scaffolding, formwork, ready-mix, ceilings, partitioning, floor and wall surfaces.
According to the 2022Q3 labour force survey, the construction labour force in terms of woman increased by 13.4 percent y-y to 171 000. This is the highest level since 2017Q2. Woman contributed 14 percent in Q3, above the long term (13) year average of 11 percent.
Liquidations in the construction sector increased by 33 percent y-y in October 2022 to 8, all of which were voluntary liquidations by CC’s. By comparison total liquidations in the country fell by 9 percent y-y.
Consumer inflation accelerated marginally to 7.6 percent in October (7.5 percent September). Main contributors were food, non-alcoholic beverages, housing and utilities and transport. Regulated administered prices eased to an annual increase of 15.2 percent (16.8 percent September). CPI (excluding regulated administered prices) increased by 6.6 percent. Inflation in provinces such as Eastern Cape, Northern Cape,…
A recent report by Corruption Watch 2022, shows that construction accounted for 5 percent of total complaints received in the first six months of 2022, and within that, 48 percent related to procurement irregularities. The full report can be viewed at www.corruptionwatch.org.za or click here for our construction specific views and interpretation.
Mining production of building materials edged higher by 0.9 percent m-m in September (seasonally adjusted index), representing a 2.5 percent decline year-on-year. On average mining production of building materials are weaker in 2022, down 7 percent compared to 2021. Total mining production (including Gold, seasonally adjusted) increased 0.1 percent m-m and was 4.9 percent lower…
Cement import volumes fell 51 percent to 55 803 tons in September 2022 compared to August and this was also 63 percent lower compared to the same month in 2021. The bulk of imports continue to come from Vietnam.
Limpopo, Western Cape and Kwazulu Natal took the lead in the estimated value of civil tenders released during the month of October 2022. Tender values showed a notable increase in October, exceeding R13bn, with a 73 percent y-y increase.
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
