The construction sector may come up with an empowerment charter that will differ substantially from any other charter, particularly in the field of equity shareholding.

Positive outlook

South African Minister of Public Works Stella Sigcau this week launched the South African Construction Industry Status Report.

Operating partnership announced

Luanda - Investment in Angola's non-oil and diamond sectors more than tripled to $185 million (R1.2 billion) last year and looked set to keep growing, the manager of the country's private investment institute said this week.

President Thabo Mbeki and Lesotho's King Letsie will officiate at a celebration to mark the completion of the first phase of the Lesotho Highlands Water Project at the Mohale Dam in Lesotho today.

South African construction group WBHO, in joint venture with the Masinya Empowerment Group, reported good progress on the construction of Afrisun Kwazulu Natal’s new Sibaya Casino and Entertainment Kingdom, south of Umdloti, in Kwazulu Natal.

Rand's gains take heavy toll on group

Construction and infrastructural company Group Five has been awarded a contract worth $26-million from the Bank of Tanzania to build a branch office in Stone Town, Zanzibar.

Could increase order book substantially