Order books of construction contractors could become useless as a measure of business health in this sector with the apparent rise in the number of contracts gone wrong.
Construction analyst Llewellyn Lewis has long preached that 'something enormous is happening to the building and construction industry'
Aveng CEO Carl Grim says he expects an upswing in government capital expenditure before the end of this year as SA gears up for the 2010 Soccer World Cup
SA engineering and construction conglomerate Aveng reports a 55% rise in interim headline earnings per share to 34 cents in 2004
PUBLIC Works Minister Stella Sigcau said yesterday that 30% of the construction industry should be required to be in black hands by 2008, and the figure should be increased to more than 45% from 2009 onwards.
WBHO and Group Five emerge as star performers, but bigger companies take a hit from dodgy contracts in Africa.

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