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  • ESKOM PENSION & PROVIDENT FUND INVEST IN AFFORDABLE HOUSING SECTOR

    The Eskom Pension and Provident Fund has committed R100 million to the development of around 20 000 new affordable homes in South Africa, through an investment in global private equity funder, International Housing Solutions, which is good news for the building industry sector. Sibusiso Luthuli, chief executive of the Eskom Pension and Provident Fund, says the affordable housing sector has shown its ability to improve the social circumstances of thousands of South Africans, as well as provide superior returns to investors in the sector.

  • INDUSTRY FACES CONSTRAINTS DUE TO LACK OF SKILLS

    South Africa's infrastructure investment and roll-out ambitions face a significant capacity challenge as local government experiences a constraint in the availability of architects, engineers, project managers and financial managers.

  • ATYPICAL CONSTRUCTION INDUSTRY CYCLE

    Dr Snyman, Industry adviser and University of Cape Town lecturer has described the current construction industry cycle as "atypical", with research suggesting that the sector remains in a post-recessionary recovery phase. He explained that studies have found that the recovery phase of the construction sector are occurring after a financial crisis, is more modest and protracted than that following a 'normal' cyclical downswing, and we are currently in this slow recovery phase.