Tag: construction industry
In the wake of the COVID-19 crisis Gauteng’s investment in infrastructure for the 2020/21 financial year has increased slightly to R12.2 billion from the 11.6 billion announced for the budget in March. Gauteng MEC for Infrastructure Development, Tasneem Motara joins CNBC Africa for more.
The construction industry contributed to more than 30 per cent to Rwanda's GDP in the quarters two and three of last year which was largely attributed to the country's ambitious infrastructure growth. Minister of Infrastructure, Claver Gatete joins CNBC Africa for more.
Construction is tough, sometimes dangerous work. Globally, the construction industry accounts for about 7% of employment. But it’s responsible for between 30% and 40% of all work-related fatalities.
Nigeria’s construction industry has been improving on the back of a rebound in oil markets says GlobalData. The analytics company notes that the industry’s performance has also been bolstered by the government’s focus on developing the infrastructure, energy and residential sectors. Yasmine Ghozzi, Economist at GlobalData joins CNBC Africa to discuss the outlook for Nigeria’s construction industry.
Dhruv Jog, Managing Director of Advent Construction and YPO member explains the current challenges being faced in Tanzania’s construction industry.