Construction sector activity slows in first quarter

SA’s construction sector activity slowed in the first quarter of 2024 due to seasonal effects as well as the high cost of capital and dysfunctional municipalities not passing or completing building plans, according to an index tracking activity in the sector.

Building materials and mining group Afrimat’s construction index has been positive for three consecutive sectors, driven by public-private partnerships and the private sector and individuals aiming to reduce reliance on Eskom...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Subscribe Sign in

Cancel anytime.

Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

SIGN UP

SIGN IN

Please read our Comment Policy before commenting.