The Construction Transformation Charter Group announces that the Construction Industry Charter was submitted to the Department of Trade and Industry with the full endorsement of Minister Thoko Didiza.

Co-Chairman of the Integrated Management Committee, Mr Mike Wylie, said:

“This is a big step forward on the road to transformation of our industry and we would like to thank you all for the four years of commitment to this process.

“We would especially like to thank Minister Thoko Didiza for her guidance, advice and support.

“However, we believe this is only the end of the beginning of a journey into the future that will see our industry delivering the infrastructure to South Africa and transforming into an entity of which all of us, our Government and South Africa, can be proud.”

International companies in the construction sector have flocked to South Africa to forge business relations ahead of the 2010 Soccer World Cup

LAND affairs officials yesterday mooted the prospect of a land tax to add much-needed funds to government's cash-strapped land reform programme, and bring down property prices.

South Africa might need rules for the future

THE cabinet has decided to appoint a panel of experts to launch a public debate on the rights and wrongs of foreign ownership of land and whether it should be restricted.

Government plans to hold talks on limiting foreign ownership of real estate in South Africa to combat spiralling land and property prices are misguided, say property industry spokesmen.

THE African National Congress (ANC) yesterday said it was not against foreign investors buying land for residential purposes, but called for a review of foreign owned farmland lying furlough.

Land and Agriculture Minister Thoko Didiza plans to start talks on limiting foreign property ownership in the country to put the brakes on escalating prices and make home ownership affordable for South Africans.

SA's property industry called yesterday on government to scrap plans to limit foreign ownership of land, saying it would thwart plans to lure foreign investors into the country's commercial market.

Government is to appeal a court judgment compelling it to evict and provide housing for 40,000 illegal squatters occupying part of a commercial farm in Benoni.