Construction key to unlocking SA’s next employment boom
Construction consistently ranks among the top 10 largest industries in the country, adding over a million rand to the national GDP and employing roughly 1.2 million South Africans every year. As a result, the industry is not only a key employer, but has the potential to substantially lower the country’s worryingly high unemployment rate. According…
5 challenges every small construction business needs to watch out for
Before investing significant resources into a new construction venture, it’s important to consider some of the common challenges in the industry. According to Roelof van den Berg, CEO of Gap Infrastructure Corporation, thorough planning can prevent these obstacles from becoming significant barriers on the path to success. Roelof van den Berg, CEO of Gap Infrastructure…
Loadshedding strangling SA’s construction sector growth
Persistently high load shedding is extracting a heavy price from the construction industry, severely constraining its economic growth and job-creation potential. Pointing to the urgency of the situation, South Africa had already experienced more than 1 393 hours or 58 days of rolling blackouts within the first two months of 2023 alone. Given that 2022…
Growing SME’s through key construction partnerships
Small businesses are essential to the South African economy, employing some 80% of the country’s workforce. Small and medium enterprises’ (SMEs) role in the construction industry especially cannot be understated, acting as key suppliers, contractors on independent projects, and sub-contractors supporting larger projects and construction companies. “A rising tide lifts all boats. The construction industry as a…
Addressing SONA’s omission of individual infrastructure needs
Some of governments’ top responsibilities are to provide people with access to fresh, drinkable water, and to basic infrastructure such as sanitation, roads, and housing. With this in mind, the construction industry hopes to see government release more detailed plans regarding projects and programmes for meeting households’ needs in 2023, argues Roelof van den Berg,…
How to recession-proof your construction company
By Roelof van den Berg, CEO of Gap Infrastructure Corporation 01 March 2023 : Recessions and serious economic downturns often debilitate companies that are unprepared for the worst. For many, it could take years to recover, if they ever do. To ensure your construction company survives the next economic decline, some preparations need to be…