South Africa’s construction sector recorded a 5% quarter-on-quarter rebound in the second quarter, while employment rose by 95,000 year on year, according to the Afrimat…
PPC CEO, Matias Cardarelli will focus on South Africa operational improvements and growth initiatives in Zimbabwe after his tenure was extended until 2030.
Proposed reforms aim to strengthen South Africa’s building oversight system, but experts say better enforcement and municipal capacity are also needed.
Using real indicators such as building approvals and tenders, this means the pipeline has increased by more than R13bn, or 7.4% year-on-year.
As South Africa approves more homes for construction, buyers face a tightening market with fewer options, leading to increased competition and pricing pressures for agents.