Aveng, the largest construction group in SA, has warned that prevailing tough trading conditions were expected to continue into 2012.
Nedbank Corporate Property Finance: Affordable Housing has approved a loan facility to a subsidiary within the Safrich Group of Companies to install services and infrastructure for the construction of 192 homes in Riverlea, Soweto
International credit insurer Coface said that the construction industry is facing one of the most difficult periods and not showing any signs of recovery.
With the construction of the nearby Cape Town Stadium, and close proximity to the V&A Waterfront and Cape Town CBD, the area has attracted a lot of attention from investor.
The Cape division of Nedbank Corporate Property Finance announces the funding of a R50 million affordable housing development in Melkbosstrand, situated on the West Coast
Magaliesberg residents are dragging a property developer to court for plonking a lodge in their environmentally sensitive area.
To satisfy SA’s infrastructure requirements, government is slowly realising that it will have to leverage private-sector funds
Government projects, particularly the development of integrated rapid public transport networks in SA are likely to drive the construction sector over the medium term.
The Competition Commission has entered into a settlement agreement with Aveng, trading as Duraset in which it admits that it took part in the mining roof bolts cartel.
Construction work at Mthatha Airport resumed on Monday after a 'misunderstanding' between two contractors has been resolved.

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