Not all is lost for the construction industry, says AfriSam

The 2020 Budget, as outlined by Finance Minister Tito Mboweni earlier this week, “didn’t give much hope to the construction industry”, construction materials company AfriSam sales and marketing executive Richard Tomes told Engineering News on Friday. Growth in this sector was expected to remain relatively flat, he said, adding that the infrastructure and construction sectors were not regressing, as “massive urbanisation” was still happening, meaning that schools, clinics, houses and the like still needed to be built for South Africa’s population, which was growing at 1.5%.


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