After falling to 29 in 2Q2018, the FNB/BER Building Confidence Index was unchanged in 3Q2018.

Brainworks – a Mauritian-based JSE-listed holding company with a diversified Zimbabwean investment portfolio - announced its interim results for the six months ended 30 June 2018 (“HY18”), showing a revenue increase of 28% to US$31 million compared to US$24 million for the comparative period (“HY17”).

The Master Builders Association (MBA) North says that the continuing trend of main contractors delaying payment of their sub-contractors – or defaulting altogether – is a symptom of the deteriorating health of the construction industry.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has been voted as the leader in corporate reporting in the property sector for the 2017 financial year.

The announcement on the 15 June 2018 that Basil Read Construction is applying for business rescue is a clear indication of the critical state of the construction industry, says Mohau Mphomela, Executive Director, Master Builders Association North.

Gaming company Sun International confirms clearing the last obstacle in its bid to relocate its struggling Morula casino licence to an entertainment centre at Menlyn in Tshwane.

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