South Africa’s construction sector faced significant challenges in 2024, with weak economic growth, declining investment, and historically low project approvals. However, Q3 2024 showed early signs of recovery, with increased turnover and employment gains. While policy uncertainty continues to weigh on private sector investment, new public-private partnership regulations and infrastructure reforms aim to unlock growth. With a gradual rebound in confidence and investment, the industry is poised for a slow but steady recovery, offering long-term opportunities for economic transformation. Click here to download a copy of the presentation (available to subscribers only)
