The South African Property Owners Association (Sapoa) has added it voice to the condemnation of collusion in the building sector.
WALK into the shimmering offices of Murray & Roberts, Wilson Bayly Holmes-Ovcon (WBHO) or a dozen other construction firms, and one word you won't see emblazoned on their mission statement is "accountability".
Various cities across South Africa are planning to lodge civil damages claims against construction firms involved in the development of their respective 2010 FIFA World Cup stadiums.
Werksmans Attorneys director Paul Coetser says the Construction Fast Track Settlement Process has worked well.
The Competition Commission has reached a settlement with 15 construction firms, who have agreed to pay fines to the tune of R1.46 billion for collusive tendering.
Palm Royale, the third and by far the most luxurious high rise block of apartments at the Oasis Luxury Retirement Resort at Century City, has seen a burst of activity in recent weeks with sales to date now topping R106million.
Building projects in the Coega Industrial Development Zone (IDZ) have injected over R1.2bn into the Nelson Mandela Bay construction industry over the past two quarters.
The suggestion that CEs of construction companies should sign a contract to make them personally liable in cases of collusion has been slated by the industry as a step too far.
The building of the R120m Nkosi Dalibhunga Mandela Legacy Bridge outside Butterworth in the Eastern Cape is on schedule and will officially be opened on May 10 to commemorate the day Nelson Mandela was inaugurated as President.

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