construction sector Archives - AfricaBusiness.com

The South African construction market is valued at $25.5 billion and is expected to grow at an average annual rate of over 3% from 2024 to 2027 Registrations are open for the 11th edition of Big 5 Construct South Africa, the largest construction industry event in the country, which runs from 4-6 June 2024 at the Gallagher Convention Centre, Johannesburg Over 200 exhibitors from 20+ countries showcase products & services South Africa's construction sector is projected to grow thanks to government’s National Development Plan 2023, with numerous mega projects happening in all nine provinces; projects such as Mtentu Bridge, which is set to be Africa’s tallest bridge, the High-Speed Rail (HSR) framework and many others. The South African construction market is valued at $...

The South African construction industry has been remarkably resilient in the face of the pandemic, managing to rebound as quickly and effectively as possible. Now, as businesses and individuals alike begin to look forward to 2023, it is essential that everyone starts setting themselves up for success in the coming year. For small business owners this can be a particularly challenging task, as they must attempt to make predictions and plan ahead without having any real guarantee of what the future holds. To that end, taking a proactive approach is recommended: planning thoroughly and investing in contingencies will help to ensure that SMEs are ready for whatever lies ahead. Furthermore, expanding their reach beyond local markets and diversifying their activities can also help them weather ...

Tag: construction sector

Big 5 Construct South Africa 2024: The gateway to the country’s construction sector

South African Small Construction Companies are Bracing for 2023 and Making Preparations to Rebuild and Thrive