Hosting the 2010 Soccer World Cup has come at a massive cost for South Africa, with some stadiums running over the initial budgets more than R1bn.

Construction group WBHO says despite the recessionary conditions its South African construction outlook remained positive.

Construction company results and higher steel demand show infrastructure is proceeding and will help the economy recover from the recession.

Murray & Roberts Holdings to clarify its position after having been listed by the Competition Commission as one of the participant in alleged collusion in the construction industry.

The Competition Commission had received applications for corporate leniency from construction companies for collusive practices with respect to certain construction projects.

Mpumalanga health MEC Dikeledi Mahlangu has expressed concern about the 'snail’s pace of hospital upgrades'.

Unforeseen constructional delays at the East London Airport have shifted the scheduled completion date of the upgrading.

Afrimat said that despite a slower trade performance in the year to February 2009, improvement is already evident in the months since year-end.

Some 70,000 construction workers are set to down tools at 2010 World Cup stadia and Gautrain sites this week following a Labour Court ruling in their favour.

Holcim says net profit plunged 80% during the first quarter, hit by a decline in business from Europe and North America.