When my team at the Gordon Institute of Business Science’s Centre for African Markets & Management was tasked with exploring the construction industry in Africa, I thought the project would be a bit like watching cement dry. I’ve never so much as laid a brick, and everything I’d heard about the industry was dismal. But then I found an anomaly.

Even with the incessant bad news about construction in South Africa, you’d assume that each hour worked in the sector today would have a far superior return for the economy than that same hour sweated out in the mid-1900s. Not so fast. In terms of real gross value added per hour worked, construction is stagnant. ..

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