Economic indicators, declining building material sales, record lows in the FNB/BER civil construction index and Basil Read’s recent filing for business rescue are all clear indicators that the construction industry is in distress!
The Master Builders Association North’s Mohau Mphomela calls for professional teams, Government bodies in the industry and associations to unite in finding solutions. The industry is taking strain under reduced margins and profit that are eating away at it. https://www.saconstructionnews.co.za/construction-industry/17143-construction-industry-in-a-state-of-emergency-says-master-builders-association-north
MBA North’s Enwee Human also comments on ENCA Moneyline.