Business updates by construction firms show their order books have generally bulked up or remained stable.

Cell C head office mixed use development at the Waterfall Business Estate is one of the most ambitious commercial development of its kind being undertaken in South Africa at present.

South Africa’s largest investor, the Public Investment Corporation (PIC), says construction firms recently fined R1.46bn for colluding to fix tenders for soccer stadiums, roads and other major projects, should claw back bonuses from the crooked executives who fixed the projects.

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.

Group Five CEO Mike Upton says although the first half of the financial year was "somewhat disappointing," he is encouraged by the uptick in the order book and expects a slow recovery in the second half of the year

Group Five says that the African story has started to stretch beyond mining for the group, while the outlook in SA remains challenging.

Construction companies hoping to cash in on government's R1-trillion infrastructure spending spree have been left sorely disappointed

Loan stock company Hospitality Property Fund yesterday reported a disappointing set of results for the year ended June, blaming an embattled hotel market, which is reeling from a weak economy

Government has put the second phase of the SA National Roads Agency’s Gauteng Freeway Improvement Project (GFIP) on ice for now, signalling more gloom for the beleaguered construction industry

Group Five anticipates fully diluted headline earnings per share to be between 309c and 337c per share for the year ended June, compared to 561c per share in 2010, when the group publishes its results on Monday