ConstructionSAMagazine
Allyourconstructionrelated mattersforexecutivesand managers
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Contributors GovernmentDepartnments PrivateSector IndividualJournalists
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JOBURGInnerCity Redevelopment RedevelopingtheInner CityofJohannesburgis crucialtoposi�onitasa primeInvestmentDes�na�on. Thecitycenterhasfaced neglectanddilapida�onover thepastthreedecades,with prosperityshi�ingtothe northernsuburbs.Challenges suchasrapidpopula�on
InvestmentOpportunity. Thisini�a�veaimsto rejuvenatetheeconomy, createnewhousing opportuni�es,and generatefreshRevenue Streamsfor Johannesburg,shapingit asaCityoftheFuture. AWORLD-CLASSCITY
growth,housingshortages, andhighunemployment rateshighlighttheurgent needfortransforma�on. Withasignificanthousing backlogandhomelessness issue,theRedevelopment projectoffersentrepreneurs andinvestorsavaluable
Effortstoreclaimthecity centerincludereviving abandonedproper�esand providingJobOpportuni�es throughentrepreneurshipand SMMEsupport.Collabora�on acrossalldepartmentsis crucial,withunwavering poli�calsupportandcollec�ve ac�onkeytorestoringthe allureofJohannesburg'sinner city.
Keyinitiativesinclude enforcingbylawsonthe ground,creatingstrategic precincts,supporting Investors,andengaging withthecommunityto protecttheinnercityasa residentialcommunity. Together,theseeffortspave thewayforeconomic revitalization,jobcreation, andthetransformationof Johannesburg.
ConstructionSA MagazineisaSouth Africanpublicationproviding insightsonhigh-levelinfrastructureprojectsinthecivilengineering, construction,builtenvironmentandarchitecturaldesign.Weshowcase thebeautyofSouthAfricathatweallaspiretolivein.
RESIDENTIAL INVESTMENT&DEVELOPMENT SUMMIT(Reside) ANNOUNCES LAUNCH OF SOUTHERN AFRICANHOME AND RESIDENTIAL ALLIANCE(SAHARA) • SAHARA is a collaborative NPO umbrella body of memberorganizationsestablished to achieve a common goal:
O Member organizations include multi-family housing, studentaccommodation, retirement villages,social housing and affordable housing as well as other support member industries.
O Membershipbenefitsinclude lobbying and policydevelopment, innovation andresearch, networking andresource sharing, educational programs and professional development, among others
• South African Local Government Association (SALGA)commi�edtopublicand privatesector partnerships:
O Thecountry has the highest rate of urbanization among emergingmarkets, resulting in housing shortages
O SouthAfricahas about3309 informal se�lements and increasing illegallandoccupation
O Government's key focus will be the delivery of housing atthe lowerendof the market through subsidizedhousing in the affordable rental housing sector
Residential Investment & Development Summit (Reside) announced the launchof the Southern African Home and Residential Alliance (SAHARA) atthe SouthAfricanLocal Government Association (SALGA)LocalGovernment Showcase Conferencewhich was held at the Sandton Convention Centrein Johannesburg.
SAHARAisa collaborativenot-for-profit organization (NPO)umbrella bodyofmember organizations aimed atamplifying thecollective industry impactby lobbyinggovernment and contributing topolicy development as well as consolidatingstakeholderresourcesandnetworks across theresidential sector.Members include organizations and institutions with interestsin multi-family housing,student accommodation, retirement villages,social housing and affordable as well as other support member industries.
Debbie Tagg - Residential Investment & Development Summit (Reside) Chair and SAHARA CEO,
“SAHARA has been established in response to industry demand to consolidate the impact of existing stakeholderbodies,by complementingand supporting their rganisationalefforts.Eachof the memberorganisationsbring uniquestrengthsandperspectives tothetable.By uniting under the SAHARAumbrella,we canharness these strengthsandwork together towards our shared objectives.”
Speakingat the 2ndAnnual Residential Investment & DevelopmentSummit Ms Tagg said theresidentialsector is the cornerstone of any society asit providesshelter, security and a sense ofbelonging.
Theresidential sectorfaces many challenges including affordability, rapid urbanisation,sustainability, demand andchanging demographics.To address these challenges requires concerted, collaborative efforts and this is the reasonfor the launchof SAHARA.
“SAHARAaimstoweavetogether thethreadsof our individual memberorganisationsto createa stronger,morevibrant residential sectorfor Southern Africa,” said Tagg.
Cllr Xolani Sotashe, Chairpersonof HumanSe�lements& Urban Agenda National WorkingGroup at the South African LocalGovernment Association (SALGA) saidSouth Africathe has highestrates of urbanisation, atabout63%among emerging economies globally.Italso has a veryhighhousing backlog, with approximately3309 informal se�lements and increasing illegal landoccupa�on.
“Government cannotaddressthe housing challengealone–hencewe valuepartnershipsbetween the public andprivatesector A s SALGA, wehadalready started venturing intobringingthetwo sectorstogether inthehuman se�lements space, inparticular residential propertydevelopment aimedat collaboratingtoaddress challengesinthehousing sector
“Ourkey areaof focusinthe deliveryof housing is the lower end of themarket through subsidized housing inaffordable rental housing,” said Sotashe.
SpeakingduringtheResideConference andSALGA Investment Showcase, Sotashe emphasised the importance of partnershipsbetween the public sector
and privatesectorentities, such as SAHARA, to address challengesin the residential property sector.
Benefits ofbeingpart ofSAHARA include:
CollaborativeNetworking: Engage with a diverse networkof professionals andorganizations across the residentialsector.
Share insights, challenges, and solutions in acollaborative environment
ResourceSharing: Access a central repository ofresources, includingresearch, policy guidelines, and best practices, to enhance operations anddecisionmaking.
Advocacyand Representation: Benefit from a unifiedvoice in policy discussions and advocacy efforts.
Innovation and Research: Participate injointresearch initiatives and innovation projects aimed at addressing the pressing issues facing the sector such as affordability and sustainability.
ProfessionalDevelopment: Gain access to trainingprograms, workshops, and seminars designed to enhancetheskills and knowledge ofyour team members.
Conference Organization: Benefit fromcoordinated conferenceplanning and execution, allowingfor impactful events that bring together key stakeholders.
CoordinatedEfforts:Enjoy streamlinedcoordination among differentorganizations,facilitating joint projects and initiatives that havea greater collective impact.
FundingOpportunities: Access information on grants, funding sources, and financial support available forresidential projects and initiatives.
MarketInsights: Receiveregular updates andreports onmarket trends, demographicchanges, and economic factors affecting the residentialsector
Sustainability Initiatives: Participatein sustainability programs aimed at promoting environmentally friendlypractices within the residentialsector..
Policy Development: Contribute to the developmentofpolicies that supportthegrowth and stability of theresidential market.
Strategic Partnerships: Form strategic partnerships withother member organizations to leverage combined expertiseand resources.
Community Engagement: Engage with local communities to ensure that housingdevelopments meet theneeds andpreferences of residents.
Technology Integration: Access the latesttechnological advancements anddigital tools that can enhance operational efficiency andresident satisfaction.
CrisisManagement: Benefit from shared resources and strategies for managingcrisis, such as natural disasters or economicdownturns, that impactthe residentialsector.
Marke�ng and Promotion: Gain support inmarketing and promotingresidential projects, helping to a�ractinvestors and residents.
RegulatoryCompliance: Stay informed aboutregulatory changes andcompliance requirements, ensuring that your operations meetlegalstandards.
QualityStandards: Implement and upholdhigh-quality standards across residential projects, fostering trustand satisfaction among residents.
Health and Safety: Access guidelines andbest practices for maintaininghealth and safety standards inresidential developments.
Cultural Exchange: Promote cultural exchange and understanding among residents, fostering inclusive andharmonious communities.
“SAHARA iscommi�edto transparency, inclusivityand mutualsupport.We believe inthe power of collaborationandthe strengthof unity.By working togetherasmember organisations, we can createa future where every resident in Southern Africa hasaccessto safe,affordableand sustainablehousing,” addedTagg.
TheGautengMECforHuman Se�lements,Tasneem Motara,hostedabreakfast sessionatGoldReefCity,southof Johannesburg,forwomenin construc�on.Theeventwas themed:"Celebra�ng30Yearsof DemocracyTowardsWomen's Development”.
Theeventservedasanexcellent pla�ormtohighlightthekeyrole thatwomenplayintheproperty developmentindustry-andthe opportuni�esthatexist.
PhumzileMaseko-Seipobi,Deputy Director-GeneralforHuman Se�lementsImplementa�oninthe province,remindedapack conferenceroomofa�endeesof thesignificantcontribu�ons womenmaketotheindustryand urgedthemtopursue opportuni�esacrosstheen�re valuechain,extendingbeyondjust bricksandmortar.
TheCEOofMotheoConstruc�on, Le�eMashau,explainedthe importanceofdevelopingand inves�nginpeoplealongside businessgrowth.Shealso encouragedpropertydevelopersto safeguardtheirfinancesby managingcashfloweffec�velyand understandingthefinancialaspects oftheirprojects.
TheCEOoftheGauteng PartnershipFund,LindiweKwele, emphasisedherorganisa�on’s commitmenttoempowering women(theorganisa�on'sannual GEYODItargetsinclude25%spend onwomen-ledbusinesses) entrepreneurswhilealso transformingthehousing landscapeintheprovince.
Sinceitsestablishmentin2002,the GPFhascontributedsignificantlyto governmentalpriori�es.Kwele highlightedthesignificantsocioeconomicimpactoftheGPF’slending ac�vi�es,withoverR1.5billion dedicatedtoaffordableandsocial housingini�a�ves.
TheMECforGautengDepartmentofHumanSe�lements Ms.TasneemMotara hostedWomeninConstruc�onBreakfastSessionunderthetheme: “Celebra�ng30yeaersofdemocracytowardswomen’s development”
“Wedon’tjudgeyourbusinessbyyour balancesheet;weassessyour bankableprojectplanandyourability todemonstratesocialimpact.Wewill standbyyoueverystepoftheway,” Ms.Kweleaffirmed.
MECMotaradeliveredthekeynote address,usinguttourgewomento embracelarger,moreambi�ous projects,suchasmegaprojects,inthe propertysector,emphasizingthe importanceofentrepreneurial development.
Shestressedtheneedforimproved cashflowmanagementand governmentsupportsystemsto empowerwomenandhelpthem thriveintheindustry.
“Performance,quality,andefficiency arenon-nego�ableintheconstruc�on industry,”shestated,urgingwomento embracetheseprinciplesanddevelop thosearoundthem.
“Performance,quality,andefficiency arenon-nego�ableintheconstruc�on industry,”shestated,urgingwomento embracetheseprinciplesanddevelop thosearoundthem.
Throughstrongpartnershipsandthe proac�vepursuitofexis�ng opportuni�es,womenwillcon�nueto playacri�calroleindriving transforma�onwithinthe construc�onindustryandbeyond.
TasneemMotara -MECofHousing
Ms.DeliNkambuleAc�ngTransforma�on ManageratPPRA
Ms.LindiweKwele,proudlyshared thattheGautengPartnershipFundis ledbyanall-womenexecu�veteam. AstheGPFcelebratesover20yearsof impact,Ms.Kwelehighlightedthe organisa�on’suniqueroleinserving threekeymetropolitanareas.
Withafirmfocusonsocialhousing, theGPFhasac�velycommi�edtothe GPG2030objec�vesbyfacilita�ng over120000housingopportuni�es.
Ms.Kwelefurtheremphasisedthe significantsocio-economicimpactof GPF’slendingac�vi�es,withR1.5 billiondedicatedtoaffordableand socialhousingini�a�ves.
TheGPFisdeeplycommi�edtothe developmentofwomen,youth,and peoplewithdisabili�es."Wedon’t judgeyourbusinessbyyourbalance sheet;weassessyourbankable projectplanandyourabilityto demonstratesocialimpact.Wewill standbyyoueverystepoftheway."
Together,we’recrea�ngaworld whereopportuni�esknownogender, wherediversityiscelebrated,and whereempowermentisnotjusta dreambutareality.Letsuscon�nue tobethechangewewishtosee,and togetherweshallconquerall obstacles.
Ms.Le�eMashau,theCEOof MotheoConstruc�on,sharedthatitis crucialtodeveloppeoplealongside thebusiness.Whenyouinvestin people,thebusinessbecomesmore resilient.Sheemphasizedthe importanceofnotjustbuildinga businessbutalsonurturingthe individualswithinit.
Sheadvised,'Youneedtoprotectyour balancesheetthrougheffec�vecash management—ensurethatyourcash flowiswell-managed,yourearnings areconsistentlyreturned,andyou fullyunderstandthecashprofilefor eachproject.'
Ms.Mashaualsoremindedwomenof theirresponsibili�esasmothers, sta�ng,'Wearehereforapurpose; weareheretomakeadifference.
Ms.DeliNkambule,Ac�ng Transforma�onManageratthe PropertyPrac��onersRegulatory Authority(PPRA),outlinedkey programmesdesignedtoempower youthandsmallbusinesseswithinthe propertysector.
Amongtheseini�a�vesistheSMME Incuba�onandCapacityBuilding Programme,whichprovidesblackownedpropertybusinesseswithboth financialandnon-financialsupport, alongwithinfrastructure,training,and ongoingassistance.
“Itisimportantforustosupportour ownpeople,”Ms.Nkambule emphasized,thePPRA’scommitment tocrea�ngopportuni�esfor historicallydisadvantagedindividuals, par�cularlywomenandyouth,within thepropertysector.
Ms.LindiweKweleCEOofGPF
Ms.Le�eMashau,CEOofMotheo Construc�on
Department'svisiontotransform thehousinglandscapeinthe province InhermaidenBudgetVotespeech,sheoutliningher department'svisiontotransformthehousinglandscapein theprovince.
Forthe2024/25FinancialYear,theDepartmentofHuman Se�lementshasbeenallocatedaMainAlloca�onofjust underR5.8billionwithCondi�onalGrantFundingofjust overR4.8billion.ThisincludestheHumanSe�lements DevelopmentGrantofalmostR3.9billionandthe InformalSe�lementsUpgradingPartnershipGrantfor ProvincesofR927million.
Amongseveralhighlights,MECMotaratouchedonthe roleoftheGautengPartnershipFund(GPF)inhelpingthe departmentaddressthepressinghousingneedsofthe ever-growingpopula�onofGauteng.
ShealsospokeaboutplanstoelevatetheGPF'svarious programmes,includingthehashtag#Kasi4Realandthe EmpowermentEntrepreneurPropertyFund,which encouragethepar�cipa�onofhistoricallydisadvantagedownedcompaniesintheaffordablerentalmarket.
Economicempowermentini�a�vesneedtobe expandedandintensifiedtocomprehensively transformallcomponentsofthehuman se�lementsvaluechaintocreateaninclusive sector
SinceApril2023,FirstHomeFinancehasbeen providinggrantsfornon-mortgagesproducts.
TheNHFC,anagencyoftheDHShasseena significantincreaseinapplica�onsfrom individualswhowantgovernmentassistanceto buythierfirstproper�esthroughFirstHome Finance.
Thedepartmentisforgingahead toimplementseveralinterven�ons toredresstheunaffordabilityof housesforthemissingmiddle.
TheseincludeFirstHomeFinance, SocialHousing,RapidLandRelease Programmetoencouragepeople tobuildforthemselves.
Thegovernmenthasbuilt manyBNGhouses,butwe needtoensurethattheyallgo totherigh�ulowners.
Weremainconcernedthatjust under3millionsofthose applica�onsweredeclined.
Financialins�tu�onshavecited servalreasonsincludingbad creditrecordsandlackof affordability.
Wehavenotedconcernsraised bythepublicregardingthe BNGhousesthatincludesthat someBNGswereallocatedto peoplewhoarenotrigh�ul beneficiaries,eitherbecause beneficiarylistwas manipulatedorsyndicates opera�ngacrossthecountry whoillegallytakehousingunits fromrigh�ulownersandsell themtonon-deservingci�zens.
Thedepartmenthasrecognised thatthegapmarketormissing middlecon�nuestoface challengesinaccessing adequateaffordablehousing.
Thesearethehouseholds earningbetweenR3.501and R22,000permonthwho neitherqualifyformortgage financenorfullysubsidized houses.
Between2018-2022,justless than6.0millionmortgagesand homeloanapplica�onswere receivedandprocessed.
2millionapplica�onswere fromPreviouslyAdvantaged Personswithjustover1million approvals.
Ournon-mortgagehousing programme(FirstHome Finance)hasalsobeenwarmly welcomedbyTradi�onal Authori�es,mainlyinFree State,LimpopoandKwaZulu Natal.
Wearealsodevelopinga policytoencourageemployers toprovidehousingtotheir employees,aswellhousing accessforgovernment employeesthrough GovernmentEmployees HousingScheme.
Thepurposeofsocialhousingisto contributetothena�onalpriorityof restructuringSouthAfricaSocietyinorder toaddressstructural,economic,socialand spa�aldysfunc�onali�es.
Socialhousingthereforecontributesto wideningtherageofhousingop�ons availabletothepoor.
•HouseholdincomebetweenR1850-R22000
•Youmustbe21yearsorolder
•Cleancreditrecord
•SouthAfricanci�zenorpermanentresident
•Marriedorsingle,withorwithoutdependents
•Competenttocontract
•Abletopaytherequiredmonthlyrental
FirstHomeFinance Canthesubsidybepaidtomypersonal bankaccount?
No,thesubsidyispaidthroughbond accounts,lenders,a�orneys,contractors,or buildingmaterialsuppliers(forbuilding materials).
Ihavealandandhavestartedbuildingbut didnotfinish.CanIapplyforthe subsidy?
Yes,youcan,giventhatyoumeetthe qualifyingcriteria.Youwillneedto produce allrequireddocumentsforapplica�on.
Howmuchshouldoneearn toqualifyforthesubsidy?
Eligiblebeneficiariesshouldearnbetween R3501andR22000permonth toqualifyforthesubsidy.
WhatisFirstHomeFinance?
FirstHomeFinanceisaonce-offhousing financesubsidythatenablesqualifying beneficiariestobuyorbuildtheir firsthomesonan affordablebasis.
Canoneapplyforthe subsidywithoutaHomeLoan Accountorbondapproval?
(i.e.unsecuredhomeloan)Ifyes, howdoesitwork?
Yes,theamendedPolicyallows accesstothesubsidyusingvarious no-mortgageproducts.
CanIapplyforanduse FirstHomeFinance subsidytobuyastand?
Yes,thesubsidycanbeusedtobuy astand.Relevantsuppor�ng documentsare requiredtoapply.
InnerCity-Redevelopment ACalltoAction InnerCityRedevelopmentwithall theresponse,feedbackand concernsfrombuildingowners, fundingins�tu�ons,investors,and
TheCityofJohannesburgmust priori�zetheredevelopmentofaviable andsustainablecitythroughprecincts approach,eachoftheseprecincts shouldhavespecificgoalsandtargets basedoneachprecinctcondi�onto a�ractnewinvestmentsand encouragereinvestment.
Collabora�onbetweentheCity, buildingowners,banks, independentfundingins�tu�ons andpropertyprac��onersis essen�althiswillcreateacredible innercitypartnershiptoaddressnot onlyinvestmentbutbilling discrepancies,managingand maintenanceofbuildings,street facadesandsecurity.
Aclean,viable,andsustainablecity isinstrumentalindrivingeconomic growthandcrea�ngmuch-needed jobs.Housingshortagesremaina significantchallenge,witha 500,000-strongbacklogin businessorganiza�ons,itiscrucialfor industryprofessionals,property prac��oners,banks,andstakeholders totakeac�on.
Johannesburg,leavingatleast 100,000peoplehomelessbased onthecity'slastcountfiveyears ago.
Rapidurbaniza�onhas exacerbatedovercrowdingin developingcountrieslike Johannesburg,highligh�ngthe cri�calneedforadequatehousing solu�ons.Addressinghijacked buildings,whereunauthorized occupa�onoccurs,isvitalto ensuringpropertyrightsandurban planningintegrity.
Withthecurrentemploymentrate inSouthAfricadecreasingto 40.30%inthesecondquarterof 2024,ini�a�veslikeinner-city redevelopmentcanplayapivotal roleinrevitalizingurbanareas, fosteringeconomicopportuni�es, andaddressingsocialchallenges. Let'sworktogethertotransform ourcityforabrighterfuture.
ACalltoAc�ontoallstakeholders isofparamountimportance,the CitythroughtheOfficeofthe Mayorshouldleadthisini�a�ve withstrategicpartnershipwithall thosethataffectedby deteriora�ngcondi�ons.
BringingtheCity toitsformer glory-oneBrick atthetime.
WomeninConstructionMagazine Theenormouschallengesfacedbywomeninvarious businesssectors,letalonethoseclassifiedpreviously asmaledominant.
Theobjec�veofthispublica�onistohighlightsome oftheposi�veaspira�ons,achievementsandthe journeyofdynamicwomenwhoagainstalloddstook adecisiontobepartofthesectorthatonlyfew womenplayedarolein-Par�cularwomenofcolor.
Thebuilt-inEnvironment.Propertysector. Construc�onetc.areoneofthefewnearly50% transformedindustriesamongotherbusiness sectorsandthankstothefewwomenwhotothisday con�nuetopaveawayforotherstotakeuptheir SPACEandchampionthesectorforthegloryofmany otherwomenaroundtheworld.
Womenworkingintheconstruc�onsectorarehereby invitedtosharetheirstoriesandtheirjourney,feature theirCSIprojectsaimedatempoweringotherwomen. Supportandinvestinthisini�a�veinordertoeducate, empowerandtransformmanywomenwhos�llface challengesintheindustry.
Tobepartofthepublica�oncontactusonthefollowing: Editor@Construc�onRSA.co.za Construc�onSAmag@gmail.com
Thejourneyofwomeninthebuildin&Construction
Thejourneyofwomeninthebuildin&Construction
Gautengpaysfirste-tolldebtinstallment AmountingtoR3.8Billion IInhis2022MediumTermBudget PolicyStatement,theMinisterof Finance,HonourableEnoch Godongwanamadethefollowing policypronouncementonthe GautengFreewayImprovement ProjectpopularlyknownasE-Toll: “toresolvethefundingimpassethe Gautengprovincialgovernmenthas agreedtocontribute30percentto se�lingSANRAL’sdebtandinterest obliga�ons,whilena�onal governmentcovers70percent”.
IntheBudgetSpeechinMarchthis year,GautengProvincialTreasury announcedthataspartofthe province’sarrangementstoservice thedebt,aprovisionforhonouring thiscommitmenthasbeenpenciled intothe2024fiscalframework.
Thiswasfollowedbythesigningof theMemorandumofAgreement betweentheGautengProvincial GovernmentandtheNa�onal Treasuryfortheprovincetohonour thedebtandthemaintenance por�onfortheE-Tolldebt.The obliga�ontoservicethisdebthas necessitatedtheimplementa�onof ahostofreformsandmeasuresto maintainahealthyfiscal environmentthatwillbeboth sustainableandmanageableinthe longterm.
Today,theGautengProvincial Governmentisstartingthe processtoservicethehistorical debtofR12.9billioninfiveequal annualinstalmentsatgovernment 5-yearinterestrate.Thefirst instalmentthatwearepaying todayamountstoR3.8billion,
consis�ngofR3.2billion(historical debt)andthemaintenancepor�onof R546million.Theimplica�onsofthe E-Tolldebtrequiretheprovincial governmenttomanagefinancesina prudentmannerwhilstcarefully balancingtheservicedeliveryneeds oftheci�zens.
ThefiscaltrajectoryofGauteng ProvincialGovernmentmustbe addressedthroughacombina�onof ac�vedebtmanagementstrategies andspendingrestraintthatimproves theprimaryfiscalbalanceand elimina�onofwastageandleakages inthesystem.Theprovincewillneed toallocateasubstan�alamountof fundseachyearforthenextfiveyears tomeettherepaymentobliga�ons.
Therefore,toaddressthesefiscal challenges,GautengProvincial Treasuryisworkingwithrevenuecollec�ngdepartmentstoiden�fy alterna�vesourcesofrevenue.This aimstoensurethatfrontline servicesremainuncompromised, priori�singprogrammesthatfoster growth,safeguardingessen�alsocial servicesforvulnerablemembersof society,maintainingtheprovisionof basicservicesintheprovince.
GautengProvincialTreasuryhasa five-yearbudgetapproachthatwill facilitateprovincialdeliverybased ontheMedium-TermDevelopment Planforthe7thAdministra�on.The five-yearbudgetapproachwillfocus onintroducingandimplemen�ng immediate,short-term,and medium-termbudgetreformsover the2025MTEF.Thisinclude maintainingfiscaldisciplineand credibility,andimpac�ulservice delivery.
Giventhemaintenanceoffiscal discipline,theprovincewill priori�zetherepriori�za�onof budgets,iden�fica�onofefficiency gains,andmakingoftrade-offsto fundthegovernmentpriori�es. Fiscaldisciplinerequiresthat governmentsmaintainfiscal posi�onsthatareconsistentwith macroeconomicstabilityand sustainedeconomicgrowth.
Furthermore,provincial departmentsanden��esmust explorealterna�vesourcesof fundingtosupplementtheexis�ng constrainedrevenuestreamsand thusenhancefiscalsustainability overthelong-term.Partnerships withprivatesector,donorfunding, developmentalfinanceareamong thepossiblealterna�vefunding sources.
Theprovincialgovernmentalsoviews PublicPrivatePartnershipsasakey vehicletonotonlydeliver infrastructurebutforitsabilityto s�mulatetheeconomy,createjobs anddeliverprojectswithincost,�me andqualitywhilstprovidingthe upfrontfundingfortheseprojects. Therefore,PPPswithrevenueraising poten�alwillbepriori�zed.
AstheMECofFinanceandEconomic Development,Ihaveemphasizedto GautengProvincialTreasurythatany approachtothemarketforfunding shouldbepremisedonsecuring fundingtofinancestrategic infrastructureprojects,whichhave soundeconomicbenefitstothe province,createjobs,raiserevenue andpoten�allyprovideanavenueto paybacktheE-Tolldebt.Thisapproach isseenasamoresustainableandwill provefarmorebeneficialtothe ci�zensofGauteng,withfarmore posi�vespin-offsthanborrowingto payadebtofE-Toll.
The2025Budgetwillseeaconclusion ofthena�onalfiscalconsolida�on strategyannouncedinthena�onal 2020Medium-TermBudgetPolicy Statement(MTBPS),withdebtstabilisingprimarysurplusachievedin 2025/26,areduc�oninthefiscal deficittopre-COVIDlevelsanda stabilisa�onofdebtsservicecostsasa percentageofrevenue.
GautengProvincialTreasuryis thereforeconfidentthatthroughthe measuresandreformsmen�oned above,theprovincewillbeableto servicetheE-Tolldebt, simultaneouslyprovidingmuch neededservicestotheci�zensof Gauteng,whilstreapingthebenefits ofthespinoffsofproposedeconomic infrastructureini�a�ves.
Itisinthiscontextthatwewouldlike toassureresidentsofGautengthat wewillnotcompromiseourpriori�es insocialservicessuchashealthand educa�on.
MMC Mabaso delivers titledeedstoover700 residents “Aswecelebrate30yearsof democracy,Icouldn’thaveaskedfora be�ermilestonethanowningland,” said59-year-oldSophieManese Mzamo,momentsa�erreceivingher �tledeedfromJohannesburg’s MemberoftheMayoralCommi�ee (MMC)forHumanSe�lements,Cllr MlungisiMabaso,atRiversideView, northofJohannesburg,on Wednesday,25September2024.
Mzamowasoneof704RiversideView residentswhoreceivedtheir�tle deedsfromMMCMabaso.
“Thismeansmychildrennowhavea placetheycantrulycallhome.Evenif somethinghappenstome,noonecan takeitawayfromthem,”saidMzamo, whohaslivedintheareaformore than15years.Sheexpressedherjoyat finallyowningherhome.
MMCHumanSe�lements,CllrMlungisiMabasoandHuman Se�lementsExecu�veDirector,MrPatrickPhophi.
“Tothoses�llwai�ngfortheir�tle deeds,Iencourageyoutobepa�ent andtrustthatyour�mewillcome.I’m deeplygratefultotheCityof Johannesburgforwhattheyhave doneforusandourfamilies,”she added..
SpeakingattheRiversideView Development,Extension96,inWard 70,MMCMabasoreaffirmedtheCity ofJohannesburg’scommitmentto ensuringthesecurityofitsresidents. Hehighlightedthatlandownershipis enshrinedasafundamentalrightin theCons�tu�on,arighttheCity upholdsbydistribu�ng�tledeedsto residents.
“Today,wearerestoringthedignityof ourci�zens,”saidMMCMabaso.He stressedthatowninga�tledeed providespeaceof
mind,asitprotectsresidentsfromthe threatofevic�onsorlandinvasions.
MMCMabasoalsoemphasizedthe City’scon�nuedeffortstograntlegal ownershiptoresidents,empowering themtoinvestinandimprovetheir proper�es.
Thirty-seven-year-oldPhumla Zigodwana,anotherrecipient,shared herreliefandjoy:“Iwasveryworried aboutwhatwouldhappentomy childrenifIwerenolongerhere.Now, theyhaveaplacetheycancallhome, andtheirfutureissecure.”
Theeventmarkedasignificantmoment fortheRiversideViewcommunityas familiesnowholdthelegalrighttotheir homes—anachievementthatbrings pride,security,andhopeforfuture genera�ons.
Theevolutionofcybersecurityinthe Constructionindustry Theincreasingconnectednessof theworldmeanscyberthreats havebecomeadaily occurrence.Nosectorissafeas cybercriminalslooktoexploitany weaknesstocompromise infrastructureandsystems,andsteal data.Organisa�onsintheconstruc�on industry,o�enseenasatradi�onal sector,mustnavigatesecuringtheir environmentsorrisksignificant financialandreputa�onaldamage.
Historically,construc�on companiesfocusedonphysical safety.Fromensuringthat structuresweresound,and workersprotectedtohaving projectscomplywithstrict regulatorystandards.However, thedigitalagehasintroduceda newdimensionofriskthatmanyin theindustryareonlynowstar�ng tofullyappreciate.Cybersecurity incidents,oncethedomainoftech firmsandfinancialservices providers,haveincreasingly targetedtheconstruc�onsector. Cybercriminalsrecognizethe valuabledata,largesumsof moneyandcri�calinfrastructure thesecompanieshandle.
Inrecentyears,therehasbeenarise incybera�acksonconstruc�onfirms globally.Theseincidentshave rangedfromransomwarea�acks thatcrippleopera�onsto sophis�catedscamsthatsiphonoff largesumsofmoney.Thefrequency andimpactofthesea�ackshighlight thatcybersecurityhasbecomejust asimportantasphysicalsafetyinthe construc�onindustry.
Whyconstruc�onisvulnerable
Severalfactorsmaketheconstruc�on industryana�rac�vetargetfor cybercriminals.Firstly,construc�on projectso�eninvolveanextensive networkofcontractors, subcontractors,suppliers,andclients. Thecybersecuritymaturityofeachof thesebusinessescanbemassively different,resul�nginmul�ple poten�alentrypointsfora�ackers.
Becausetheconstruc�onindustry, likevirtuallyeveryothersectorinthe world,isreliantonemails,companies aresuscep�bletophishingandother cybera�acks.Sensi�veinforma�on, includingdesignsforcri�cal infrastructureorfinancialdetailsof projects,iso�ensharedelectronically andonnumerousdevices.Thismakes thesebusinessesavaluabletargetfor cybercriminals.
Buildingstrongerdefences
Toaddressthesevulnerabili�es, construc�oncompaniesmust priori�zecybersecurityalongside tradi�onalsafetymeasures.This beginswithawareness.Management mustunderstandhowimportantitis toprotectthedigitalassetsofa construc�onproject.Todoso requirestheadop�onof cybersecurityprotocols,training employeesonrecognizingthreats, andinves�nginsecuredigital infrastructure.
Oneeffec�vestrategyistoadopta proac�veapproachtocybersecurity. Thisiso�endescribedas‘thethree Ps’-preven�on,protec�on,and
prepara�on.Preven�oninvolves takingstepstoreducethelikelihood ofana�ack.Forexample,using securecommunica�onchannelsand regularlyupda�ngso�ware. Protec�oncentresonsafeguarding systemsthroughfirewalls, encryp�on,andothersecurity measures.Finally,prepara�onentails makingsurethatcompanieshavea responseplanintheeventofan a�ack.Thiscanhelpminimize damageandensureafasterrecovery.
Lookingahead
Cybersecuritymustbecomean integralpartoftheconstruc�on sector’smovetoembracedigital transforma�on.Theconsequencesof acybera�ackcanbesevere.Financial andreputa�onaldamagecouldbe significantascouldtheimpacton projectdelivery.Byrecognizingthe importanceofcybersecurityand takingstepstomi�gaterisks, construc�oncompaniescanprotect theirprojects,clients,andthemselves fromthegrowingthreatof cybercrime.
Intheend,justastheindustryhas adaptedtonewbuildingmaterials andconstruc�ontechniquesoverthe years,sotoomustitadapttothe reali�esofthedigitalage.Bydoing so,thesebusinessescanbuildnot onlythephysicalinfrastructureof tomorrowbutalsoasecureand resilientfounda�onforthefuture.
Celebra�ngcollabora�onand excellenceatthe2024CESAAon EngineeringExcellenceAwards The2024CESAAonEngineering ExcellenceAwards,heldinMidrand, northofJohannesburg,on14th August,celebratedandhonoured theoutstandingcontribu�onsof SouthAfrica’sconsul�ng engineeringsectortowards infrastructuredevelopmentlocally andinterna�onally.Celebra�ngits 52ndyear,thisevent,supportedin morerecent�mesbypla�num�tle sponsorAonSouthAfrica, highlightedthecrucialpartnerships andcollabora�veeffortsdrivingthe industryforward.
Reflec�ngontheevening’s significance,CESACEO,Chris Campbell,remarked:“TheCESAAon EngineeringExcellenceAwards celebratesnotjustthe achievementsofourindustry,but alsothespiritofcollabora�on, innova�onandpartnershipthat definesourprofession.”
HedrewaparalleltotheOlympic Games,emphasizingtheimportance ofteamworkandtherelentless pursuitofexcellence.“Justasour athletespushtheirlimitstoachieve gold,wetoomustaimforexcellence inourprojectsandendeavors.” Campbellnotedthattheawards recognizedmorethanjustsuccessful projects;itrepresenteda commitmenttocontribu�ngto enhancingthequalityoflifeforall ci�zens.
AonSouthAfricaCEO,DrNolwandle Mgoqi,addedthattheawards honouredandcelebratedthe excep�onalachievements,hard workandunwaveringdetermina�on inthevariousinfrastructureprojects thatarefundamentaltoshapingthe worldandlivelihoodsforthebe�er. “Aonhashadtheprivilegeof witnessingandsuppor�ngthe cri�calrolethatinfrastructureplays inthesustainabledevelopmentand deliveryofbasicservicestosociety.”
Astheindustrycon�nuestoevolve, the2024CESAAonEngineering ExcellenceAwardsserveasa reminderoftheimpactthat collec�veeffortshaveinbuildinga sustainablefutureforallSouth Africans.
Winnersofthe2024CESAAon EngineeringExcellenceAwards IntheYoungEngineeroftheYear category,DrAndriesNelfrom Spoormaker&Partnerswasthe winner,whileErikaBraunefrom AECOMandIs�aanLubbefrom Zutaribothreceivinga commenda�oninthiscategory.
SCIPEngineeringGroupwasthe winnerinthecategoryofProjects withavaluelessthanR50million fortheMonaghanFarmRoad BridgeRemedialfortheClewer DevelopmentTrust.A commenda�onwasawardedto NaiduConsul�ngfortheSANRAL N.002-270-2022/1:ForRepairsto B999AMhlaliRiverBridgeon Na�onalRoute2,Sec�on27,km 15.42.
TheLife�meIndustryAchievement awardrecognizedAlanChemaly’s lifelongdedica�onandsubstan�al contribu�onstodamengineering andsafety,spanningover50years.
BigenGroupwasthewinnerofthe MentoringCompanyoftheYear Award.IsakFrederikMalherbe fromAECOMwasthewinnerinthe MentoroftheYearAward.This year’swinnerintheBusiness ExcellenceAwardistheBViGroup, whileBigenGroupreceiveda commenda�oninthiscategory.The winneroftheSmall/Medium CompanyoftheYearwasAvenir Holdings.
SMECSouthAfricawasthewinnerinthecategory forProjectsrangingfromR50milliontolessthan R250millionfortheN4MontroseInterchange UpgradeprojectforTransAfricanConcessions. WhileWSPGroupAfricareceivedacommenda�on inthiscategoryforRejem-LintonJV’sMediMix AncillaryBuilding.
IntheEngineeringTechnologyandInnova�on category,KnightPiésoldwontheRenewableEnergy SystemsDesignExcellenceAwardfortheKikaga� HydropowerPlantforKikaga�Power.Zutari receivedacommenda�onfortheWaterSanita�on andHygieneDesignExcellenceAwardforthe CoegakopWaterTreatmentWorksprojectforthe MandelaBayMunicipality.IntheSmartBuilding SystemsDesignExcellenceAward,acommenda�on wasawardedtoSpoormaker&Partnersforthe NuMeRIMainCentre.
MPAMOT&WSPJVwerethewinnersinthe categoryforProjectswithavaluerangingfrom R250milliontolessthanR1billionfortheSouthern CorridorPhase1–Farm694KosovoHousing DevelopmentfortheWesternCapeDepartmentof Infrastructure.
ThePublisheroftheYear–Tradewasawardedto CreamerMedia,whileIndependentOnlinereceived thePublisheroftheYear–DailyNewsaward.The winneroftheJobShadowIni�a�ve&Poster Compe��onwasMariswe,withZutariasthefirstrunnerupfollowedbyBViConsul�ngEngineersand EnsyncEngineersbothassecondrunners-up.
IntheBestInterna�onalProjectscategory,Zutari wasthewinnerforthePAIXDKR1Senegal21 projectinSenegalforPAIX.Thecompanyalsowon inthecategoryforMegaProjectsgreaterthanR1 billionfortheUpgradingoftheZandvliet WastewaterTreatmentWorksprojectfortheCityof CapeTown.
“OnbehalfofAon,Icongratulateallofthewinners andentrantsforthetremendousaccomplishments theyhaveachieved.Staycommi�edtoexcellence, raiseyourbusinessresilience,investinbuildinga be�ersocietythroughyourdeliberateac�ons,”said DrMgoqi.
Campbellconcluded:“Congratula�onstothefinalistsand thewinnersofthe2024CESAAonEngineeringExcellence Awards!Eachawardreflectsyoursuccessindelivering projectsthatmakeadifferenceinenhancingthequalityof lifeandthevalueofinfrastructuredevelopmentindriving economicgrowthinSouthAfricaandbeyond.We celebrateyourachievementsandthestandardyouhave setforengineeringinthiscountry.”
Africa:ARisingGlobalEconomicPowerhouse withLucra�veInvestmentOpportuni�esAcross
KeySectors Africarapidlyemergesas akeyplayerintheglobal economy,thecon�nent presentsawalthof lucra�veinvestmentopportuni�es acrossarangeofhigh-growth sectors.
From agriculturetoenergyand manufacturing, Africa’srich resources,expandingpopula�on, andprogressiveeconomicreforms aremakingitaprimedes�na�onfor investorsseekingsubstan�alreturns
Agriculture:TheNextFron�erin GlobalFoodProduc�on Africaholdsmorethan60%ofthe world’sarableland,posi�oningit tobecomeagloballeaderinfood produc�on.Investmentinagritech,sustainablefarming,and value-addedagriculturalproducts israpidlygrowingascountrieslike Nigeria,Kenya,andGhanadrive advancementsinagricultural produc�vityandfoodsecurity. Withincreasingdemandforfood andtheneedformoreefficient
farmingmethods,Africa’s agriculturesectorpresentsvast opportuni�esforlong-term investmentandgrowth.
Energy:PoweringtheCon�nent’s Future
TheenergysectorisoneofAfrica's mostdynamicindustries,offering significantinvestmentpoten�alin bothrenewableenergyand naturalgas.Withabundantsolar, wind,andhydropowerresources, alongside ConstructionSAMagazine•October 2024
substan�alnaturalgasreserves, Africaisleadingthechargetoward sustainableenergysolu�ons. CountrieslikeSouthAfrica, Morocco,andMozambiqueareat theforefrontofmajorrenewable andgasprojects,providing interna�onalinvestorswith opportuni�esincleanenergy infrastructure,off-gridenergy solu�ons,andgreenhydrogen produc�on.
Manufacturing:Africa’sIndustrial Renaissance
Africa’smanufacturingsectoris undergoingatransforma�on, drivenbyeffortstodiversify economies,increaselocal produc�on,andreducerelianceon imports.Withtheimplementa�on oftheAfricanCon�nentalFree TradeArea(AfCFTA),thecon�nent isenhancingregionaltradeand industrialdevelopment.Key industriessuchasautomo�ve, tex�les,pharmaceu�cals,and consumergoodsareexperiencing significantgrowth,withcountries likeEthiopia,SouthAfrica,and Egyptposi�oningthemselvesas leadingmanufacturinghubs.
UnlockingAfrica’sEconomic Poten�al
Africa’sstrategicloca�on,youthful popula�on,andongoingeconomic reformsmakeitana�rac�ve des�na�onforglobalinvestors. Thecon�nent’scommitmentto fosteringsustainabledevelopment andindustrialgrowthhighlightsits poten�alasaglobaleconomic powerhouse.Investorslookingfor high-growthsectorswillfindthat Africaoffersuntapped opportuni�esinagriculture, energy,andmanufacturing,with stronggovernmentsupportanda favourableregulatoryenvironment
AsAfricasolidifiesitsroleinthe globaleconomy,thecon�nent ispoisedtoofferinvestors substan�alopportuni�es acrosskeysectors.Witha growingemphasison innova�on,sustainability,and regionalcoopera�on,Africa’s vibrantmarketsarereadyfor capitalinvestment,providinga pla�ormforrobusteconomic growth.
Formoreinforma�onon manufacturinginvestment opportuni�es,pleasejoinusat the ManufacturingIndaba takingplaceonthe 22–23 October2024 attheSandton Conven�onCentrein Johannesburg,SouthAfrica. Keydiscussionswillbehosted, focusedonthegrowth poten�alandbusiness opportunitylinkedtolocalising ourmanufacturingindustryin Africa
Databuildingonconstruc�onmanagementso�ware Sectorsthatareheavilydependent onpreciseprojectmanagement, robustworkingcondi�ons,and synchronisedinterac�onbetween front-andback-endsystemsare progressingbecausethese func�onsfallwithinthescopeof construc�onmanagement so�ware(CMS).
MoragEvans,CEOatDatabuild, saysCMShelpsthoseinthesector solvearangeofproblemsfrom evalua�ngtostrategizing.The automa�onoftasksata centralisedpla�ormensuresthat allstakeholdershaveaccesstoupto-dateinforma�onthatenables be�ercoordina�onanddecisionmakingacrossdepartmentsand projectteamsresul�ngin improvedefficiencyand produc�vity.
Databuildservesasanindustry representa�veandservicesand solu�onsproviderforthe construc�onindustryandisa recognizedknowledgehubforthe construc�onandalliedindustries. Itsmandateincludestrackingthe progressoftrendsthatshapethe industryandAI,bigdataanaly�cs, andmachinelearningisarguably oneofthemostdomina�ng influencesinrecenthistory.
“CompaniesmustseeCMSfor whatitis–anadvanced
technology-drivenenvironment thatcanhelpthoseinconstruc�on unlocksignificantvalue.Thinkofit asaseamlesswaytoconsolidate severalfeaturesandfunc�onali�es ononepla�orm.So,insteadof havingseveral,o�ensiloed, solu�onsdoingdifferentthings,a CMSdoesallthatandmore.It comesdowntoprovidingthe meanstoop�mizeconstruc�on projects.”
Furthermore,CMScancatertothe requirementsofsmall-scale renova�onsorevenexpansive skyscrapersorshoppingcentres.It factorsallthecomplexi�esofthe environmenttotakecareofthe intricatedetailssomanagerscan remainfocusedondelivering strategicvalue.“WithCMS, construc�onprofessionalscan monitorandmanageallthe componentsinanyproject,
regardlessofsizeorscope.With mul�pleprojectsonthego,CMSisa lifesavertohelpkeepconstruc�on on�meand,moreimportantly,on budget.Byempoweringproject managerswithwaystostreamline planningandscheduling,CMScan alsoresultinimproved communica�onandcollabora�on betweenallthedifferentroleplayers onaproject,”saysEvans.
Otherfactstoconsiderwitha CMS-centricmodel
Evansandherteamagreewith onlineresearchwhichnamesrisk mi�ga�on,issuetracking,andreal�meperformanceanaly�csaskey benefits.However,thereishard worktodoandsimplyintegra�nga strongCMSintoaconstruc�on projectisnotenough.WhileCMS canprovidevaluabletoolsand capabili�es,itseffec�veness ul�matelydependsonhowwellitis implementedandusedbythe projectteam.Successfulintegra�on requirespropertraining, commitmentfromproject stakeholders,andeffec�vechange managementprocessestoensure thattheso�warealignswithproject objec�vesandworkflows.
Therefore,whileCMSoffers significantbenefits,construc�on companiesneedtoinvest�meand effortintomaximizingitspoten�al andensuringthatitaddsvalueto theirprojects.
• Limitedaccesstofinancehindersthegrowthandsustainabilityoftheaffordablehousingsector
O Innova�vewaysandinclusiveproductsneededtocaterfortheaffordablesector
O TappingintoFirstHomeFinancewillassistoverlyindebtedbuyers
O Thefacilita�onofbulkinfrastructurefundingfromlocalmunicipali�esandworkingwith
• Banksaresuppor�veoftheaffordablehousingsector
O 100%bondsaregrantedtocredit-worthybuyerswithstablejobs
O FirstHomeFinanceassiststhoseearningbetweenR3501–R22000
O Thebigfourbanks,Absa,FNB,NedbankandStandardarebigonlendingtofirst-�mebuyers developerswillreducebackloginthesector
SouthAfrica’saffordablehousingsectorfaces challengesincludingaccesstofinancewhichhinderits growth. AAccordingtotheBanking Associa�onofSouthAfrica, affordableproper�esare pricedbetweenR600000and R914000.SouthAfricanswith lowerincomesstruggletoaccess formalhousingduetolimited financingop�ons.
YedhvirRamdhani,Senior Manager:HomeLoansStrategy andAnaly�csatNedbank commented:“Thekeychallenge thatstandsoutascri�calin cra�inganappropriatesolu�onto ensureconsistentandsustainable growthofthesectorislimited accesstofinancing.
“Forlow-incomehouseholds, balancingaffordabilitywhile managingcreditindebtedness remainsachallenge.Elevated levelsofincomeinequality, povertyandjobinsecurity exacerbatethisissue.”
SpeakingattherecentResiden�al Investment&Development (Reside)Summit,Ramdhanisaid thechallengeofinclusivegrowthis madeworsebyrapidand unmanagedurbaniza�onthathas ledtomillionslivingin substandardhousing.
Hesaidgivenahigh-interestrate environment,risingcostofliving andhighinfla�on–itisnot businessasusual.Theresiden�al andbankingsectorsaswellas otherstakeholdersneedtofind
sustainablesolu�onstofinance theaffordablesectorandmeetthe growingdemandsforurban housing.
“Policymakersneedtoapplya moreexpansiveapproachto governingframework,financing banksneedtopresentmore innovativeandinclusiveproduct offeringstospecificallycaterfor affordablehousingcustomerpain points,”saidRamdhani.
ProfSimphiweMadikizela,Growth HeadforPersonalSegmentatFNB saidpartneringwiththe DepartmentofHuman Se�lementstoeffec�velyu�lize theFirstHomeFinance(FHF) whichhasbeenrebrandedfrom FirstLinkedIndividualSubsidy Programme(FLISP)asafunding instrumenttoaddressaffordability isaninnova�vewaytoassist poten�albuyerswhoareoverly indebted.
“Thisfundingmechanismblends thesubsidyasadeposittoreduce theloanamount,andpoten�ally, theinterestratecouldbeloweras aresult,”saidProfMadikizela.
Hebelievespartneringwith stakeholdersliketheNa�onal HousingDevelopmentAgency whosemandateistoiden�fywelllocatedlandforhousing developmentpurposeswillassist theaffordablehousingsector.
Addi�onally,hesaidanother innova�veapproachwouldbethe facilita�onofbulkinfrastructure fundingfromlocalmunicipali�es throughMunicipalInfrastructure Grant,aswellasdevelopersto createthemuch-neededhousing stockwithaviewofaddressingthe backlog.
Ramdhanisaidaddressingthis challengewillbecri�calforthe futuregrowthofSouthAfrica’s affordablehousingmarket.“Policy interven�ons,innova�vefinancing modelsandcollabora�onbetween stakeholdersareessen�alto enableownershipatrequired levelsinaffordablehousingin appropriateloca�onsand densi�es.”
JSE-listedpropertydeveloper CalgroM3CEOWikusLategansaid whilefinancingiscrucial,itisalso importanttohighlightthebroader impactofhomeownership.
“Owningahomeisasignificant steptowardswealthbuilding, especiallyinthegapand affordablehousingsegments. Unlikeren�ng,wherecosts typicallyincreaseannually,owning ahomecanbecomemore affordableover�measinterest ratesshoulddecreaseandthe homeownerpaysdowntheir mortgage,therebybuilding equity.”
LategansaidCalgroM3develops homesthatfosterbe�erliving condi�ons,promotesocial stability,andcontributeto economicdevelopment.
CalgroM3considersaffordable proper�espriceduptoaboutR900 000.Thecompanyalsooffers proper�espricedbelowR600000 fortwo-bedroomfamily apartments.
Buyersintheaffordablesector includefamiliesandindividuals, andareo�enemployedinsectors includingeduca�on,healthcare, publicservice,industrialworkers, andretail.Theircombined householdincomeshouldbe capableofsuppor�ngmonthly homeloanpayments.
ForahomepricedatR600,000,a grossmonthlyhouseholdincome ofaboutR18000isrequiredto qualifyfora100%bond.First HomeFinanceassiststhose earningbetweenR3501-R22000 permonthbysubsidingtheirhome purchases.
Lategansaidbanksaresuppor�ve oftheaffordablesector,andthey provide100%homeloansto buyerswithstablejobs,healthy creditrecordsandsufficient householdincometomanage monthlybondrepayments.
aswellasSAHomeLoansand alterna�vefundingsourceslike Chartwell,arebigonfinancing first-�mehomebuyers,o�enwith favourabletermslikerate concessionsandflexible repaymentop�ons.
Hesaidhighinterestratesare transla�ngtoreducedsale volumeswithintheirpor�olioas buyershaveimpairedcredit records.S�ll,hesaid95%oftheir propertysalesget100%home loanswhichmeanstypically,their buyersdonothavetoputdowna deposit.
AccordingtoBarryChapman,Chief Execu�veOfficerofAlleyRoads,a leadingaffordablehousing developer,highinterestrates meanmorepeopleturntoren�ng sincetheycannotqualifyforhome finance.
“Highratesdon’tgenerally directlyaffectrentals.However, highratesindirectlyaffecttenants sincetheycausepriceinfla�onon lotsofotheritemsthattenants require,”hesaid.
AlleyRoads’por�oliocomprises over7500affordableapartments andstudentaccommoda�on. RentalpricesrangefromR4000to R6500permonth,cateringto lower-to-middle
incomehouseholdswithan averageannualsalaryofabout R238000.Chapmansaidthey remainposi�veaboutthe affordableincome
householdswithanaverage annualsalaryofaboutR238000. Chapmansaidtheyremainposi�ve abouttheaffordablehousing sector,despitethecost-of-living squeeze. “Thereiss�llmassive pent-updemandforquality, affordableresiden�al accommoda�onintheright areas.Aspeopledownsizetosave costs,moretenantswillenterthe affordablehousingsector.” Lategansaidthedevelopmentof affordablehousingprojects createsjobopportuni�esin construc�on,maintenance,and otherrelatedsectors.Italso a�ractsbusinessesandservicesto thearea,crea�ngaddi�onal employmentopportuni�esfor residents,andcanhavea mul�pliereffectonthelocal economy,leadingtoincreased economicac�vityandprosperity.
“Webelievethataffordablehousing isacornerstoneofcommunity developmentandsocialupli�ment. Byprovidingquality,affordable homes,wearenotonlyhelping familiesachievestabilityandsecurity butalsocontribu�ngtothebroader goalofbuildingsustainableand thrivingcommuni�esinSouthAfrica,” addedLategan.
DPWIDEPUTYMINISTER SIHLEZIKALALA DURINGTHEERWIC AWARDS Thecidbjoinsmillionsof voicesinourcountryin sayingMalibongweigama lamakhosikazibyhighligh�ngand celebra�ngsuccessstoriesof womenchampionsina tradi�onallymaledominated construc�onindustry.
Thisisagatheringthat demonstratesthatworking together,wecancreatetheSouth Africaofourdreams.ASouth Africathatistrulyunited,nonracial,non-sexist,equaland prosperous.
Thisisasocietythatisbefi�ngto honouringthememoryofwomen freedomstalwartslikeLilianNgoyi, HelenJoseph,RahimaMoosa,and SophieWilliams-deBruynswho ledthehistoric1956marchtothe UnionBuildings.
Blackandwhite,urbanandrural, youngandold,marchedtogether torejectthesufferingand humilia�onthatcamewith apartheidpasslawsthatsoughtto subjugateAfricanwomeninto secondoreventhirdclassci�zens.
Todayifwesucceedinour endeavourstoachieveand mainstreamgenderequality,
wecancreatea morepeaceful,safe,andjust SouthAfricafreefromtheviolence thatharmswomeninsocie�es markedbygenderinequalityand patriarchy.
AstheDepartmentofPublicWorks andInfrastructure,wejoinallthe industrious,self-driven,and phenomenalwomenwhoare breakingnewground,sha�ering man-madeceilings,andpaving theirwaytosuccessregardlessof obstaclesandroadblocksontheir way.
Inthisregard,wecommendthe cidbforestablishingthe EmpowermentandRecogni�onof WomeninConstruc�onAwards (ERWIC)awardswhicharenow beingheldforthefi�hyear.
Thesepres�giousawards recogniseexcellenceamong womenintheconstruc�onsector andcommitmentamong stakeholderstosupportwomenin theirprofessionalgrowthand development.
Theyareaculmina�onofwork thattakesplaceovertheen�re yearandinvolvesproviding
developmentandnetworking exposureforwomencontractors andexposuretodevelopment opportuni�es.
Throughthem,weareableto promoterolemodelsforwomenin lowergradeconstruc�on categoriesandmo�vatewomenin thehighergrades.
Awordofapprecia�ongoesto thejudgeswhoadjudicatedthe awardsandallthecontestants.
Thecategoriesarevaried, recognisingexcellenceinrural projects,interiordesign, manufacturing,andclimate resilientconstruc�on.
TheseareAwardsthatalso recogniseindividualsanden��es thatsupportsmentorship,youth empowerment,transforma�on, professionalismandcollabora�on.
“Sithi halalaand congratula�ons toall Winners.” Celebrating30YearsofDemocracy TowardsWomen’sDevelopment. LadiesandGentlemen,theawards ceremonyisheldduringWomen’s Monthwhichthisyearismarked underthetheme:“Celebra�ng30 YearsofDemocracyTowards Women’sDevelopment.”
Atthedawnofourhardwon democracy,on24May1994, FoundingPresidentNelson RolihlahlaMandela,was instruc�vewhenhesaid:
“Freedomcannotbe achievedunlesswomen havebeenemancipated fromallformsof oppression…the objec�vesofthe Reconstruc�onand Development(RDP) Programmewillnot havebeenrealized unlessweseeinvisible prac�caltermsthatthe condi�onsofwomenin ourcountryhasradically changedforthebe�er, andthattheyhavebeen empoweredinall aspects oflifeasequalswithany othermemberof society.”
Since1994,wehavedemonstrated thatthroughtargeted infrastructuredevelopmentin ruralareasandtownships,marked byapartheid'sspa�allegacy, SouthAfricacanignitea renaissanceofindustrialand entrepreneurialac�vity.
Throughtargetedini�a�vesand steadfastpolicyinterven�ons,we havewitnessedtheburgeoningof blackentrepreneurshipand industrialismacrosssectors-from manufacturingandagribusinessto technologyandrenewableenergy.
Thesepioneersarereshapingour economy,drivinginnova�on, crea�ngjobs,andopeningnew markets.
However,ourjourneyisfarfrom complete.Weconfrontchallenges suchasbarrierstoaccess, financingconstraints,andgapsin infrastructurethatcanhindereven themostpromisingventures.
Ourvisionasacountryisafuture whereeveryaspiringblack businessownerhasthepla�orm tosucceed,whereinnova�on flourishes,marketsareaccessible, andsustainabledevelopmentisa realityforallcommuni�es.
Ourstrategiesincludeimproving educa�onandskillsdevelopment,
enhancingSMMEsupportthrough funding,mentorship,market access,andfosteringagrowthconduciveregulatory environment.
Whilewehaveachievedmuch togethersincethe1994 democra�cbreakthrough,we cannotsitonourlaurelswhilewe havea�ractedtheinfamyofbeing knownasthemostunequal societyintheworld.
TheUnitedNa�onshasalso warnedallcountriesontheslow progressontheimplementa�onof theSustainableDevelopment Goals(SDGs),arguingthatitwill takethreecenturiestoachieve Gender-Equalityatthepaceat whichtheworldisgoing.
Whiletherearepocketsofsuccess, genderinequalityinthe construc�onsectorremainsa blightacrosstheglobe.
Theunacceptablyhighlevelsof unemploymentandfeelingsof marginalisa�onandhopelessness bytheyouthandwomeninour countryisahugerisktothe sustainabilityofourdemocracy.
TheNa�onalDevelopmentPlan viewstheconstruc�onsectorasan engineforjobcrea�onand inclusiveeconomicgrowth. Infrastructuredevelopmenthas beendescribedastheflywheelfor
theSouthAfricaneconomyby His ExcellencyPresidentCyril Ramaphosa.
TheEconomicReconstruc�onand RecoveryPlan(ERRP)ofour countryhaspriori�sed infrastructure-ledgrowthgivenits cataly�cimpactandpoten�alin massifyingjobcrea�on.
InlinewiththeERRP,thecidb developedtheConstruc�on IndustryRecoveryPlan(CIRP)with afocusonthepublicandprivate sectors,theen�reinfrastructure deliveryandmaintenancevalue chain,aswellasentrepreneurship.
Wewishtoassureyouallthat economictransforma�onin generalandthetransforma�onof theconstruc�onsectorin par�cularremainsapolicy impera�veofourgovernment.
TheCons�tu�onofourcountry remainsourloadstar.Thissupreme lawofourcountryisfoundedon theidealsofjus�ce,equality,nonracialism,andnon-sexism.
Informedbyevidence-basedpolicy making,prac�calmeasuresmust betakentoimplement programmesthatwilladvance womenempowermentinthe construc�onsector.
Oureffortsmustpriori�seskills development,mentorship opportuni�es,SMMEsupport,and
preferen�alprocurementtarge�ng womenandtheyouth.
Currently,onthecidbRegisterof Contractors,womenownership accountsforlessthan30%ofall registeredcompaniesandthe propor�onofwomencontractors decreasesathighergrades.
TheSouthAfricangovernment accountsfornolessthan40%of overallinfrastructureinvestment. Wemustensurethatthroughthe recentlypromulgatedPublic ProcurementAct,women-owned construc�oncompaniesbenefit.
ThePublicProcurementBillwas conceptualisedwiththeviewto makepublicprocurementmore transparentandtoaccelerate economictransforma�onby advancingpreferen�al procurementfromblackowned andblackmanagedcompaniesin termsofthecodesofgood prac�ceinlinewiththeBroadBasedBlackEconomic EmpowermentActof2003.
WecallontheConstruc�onSector CharterCouncil(CSCC),theCIDB, andtheCBEtotakealeadin workingwiththeDepartmentin ensuringthatthereisindeed increasedandmeaningful par�cipa�onofBlackownedand womenownedcompaniesinthe dra�ingofprocurement regula�ons.
WesupportthecallbytheCSCC thatmoreneedstobedoneto strengthenregula�ons,fight corrup�on,collusion,andfron�ng whichunderminebroadbased blackeconomicempowerment.
Equally,wecallonallstakeholders, includingtheprivatesector,to priori�seinvestmentsinskillsthat willsupportthesustainabilityof theconstruc�onsectorand increasethepar�cipa�onofblack women.
DatafromtheCBEindicatesthat only14%ofregistered professionalsinSouthAfricaare women,62%ofregistered professionalsarewhite,followed by25%Africanmales,9%Indian and4%Coloured.
Africansandwomenstruggle employmentopportuni�esand mentorshiptoprogressfrombeing candidatestoregistered professions-62%ofcandidates areAfrican,24%white,9%Indian and5%Coloured.Women candidatesareonlyat28%.
TheCouncilfortheBuilt Environmenthasfinalisedthe Built EnvironmentProfessionalisa�on andSkillsDevelopmentStrategy forthePublicSector wherenoless thaneleveninterven�onshave beeniden�fiedtoaddressthese challenges.
TheDepartmentwillcon�nueto contributetotheskillspipelineby suppor�ngtheteachingofSTEM subjectsthroughourSchools Programme.
During2023/24FinancialYear,the Departmentsupported27schools and191learnerswhowere registeredintheprogramme. ThroughDepartment’sUniversity BursaryScheme,wesupport studentspursuingcareersinthe BuiltEnvironment.
Therecogni�onofwomen contractorsbythe cidb supports themarke�ngprogramsofthe companiesthatarebeing recognisedthisevening.
Linkedtotherecogni�onof womencontractorsistherollout ofthe cidbB.U.I.L.DProgramme. Thisisasignificantprogramme thatwillacceleratedevelopment throughinfrastructureprojects.
Womencontractorsarebeing supportedtobefutureready.The Construc�onManagement Systemstraininghasbeentargeted atwomencontractorsandaligns with cidb planstoinclude Contractorcapabilityand performancestandardsaspartof theregistra�oncriteriaofthe RegisterofContractors.
About160womencompanies weresupportedintheyearending March2024acrossGrades5and up.The cidb hasextendedits rolloutoftheB.U.I.L.DProgramme whichnowalsoincludes AssessmentofPriorLearning(APL) andtheCentresof
Excellencewithselectedacademic ins�tu�onsliketheUniversityof JohannesburgandWits.
TheAPLswillseesupportforabout 600contractorsinGrades1to6 acrossallprovinces.Theareas coveredinclude:Contractand TenderingCompliance,Business Management,Financial Management,Resources Management,amongotherareas.
TheAPLsarebeingfollowedby focusedtrainingsupportincluding mentorshipandcollabora�onwith industryexperts.Weencourage womencontractorstotakeupthe developmentopportuni�es providedbythecidbthrough ERWICandtheB.U.I.L.D Programme.
Wewishtoencourageyouto par�cipateandgiveinputonthe dra�Amendment CIDBBill Consulta�onsarecurrentlytaking placeinallourprovincestoensure thattheproposedamendments willgrowthesectorandsupport inclusiveeconomicdevelopment.
TheDepartmentisalsoconduc�ng consulta�onsacrossthelength andbreadthofthecountryonthe envisagedofficeoftheOfficeof theEngineer-GeneralofSouth Africa(EGSA)withaviewto improvetheprofileofthe construc�onsector,the engineeringprofession,enhance healthandsafetystandards especiallya�ertherecenttragic disastersateNgcobo(EC),George (WC),andBallito(KZN).
Wecommendthehugeinterest thattheEngineeringCouncilof SouthAfrica(ECSA)andacademia hasshowninthepreliminary consulta�ons.
Weappealtowomen,inpar�cular, topar�cipateinthestakeholder engagementssothatour Departmentcanformulatepolicies thatfactortheirexperiencesand aspira�ons.
Womenarehalf,ifnotmore,of everyna�on.Leavingthembehind meansignoringhalfofana�on’s poten�al.Letmeconcludewith thesewordsfromthepoem,“We AsWomen”byCharlo�ePerkins Gilmanwhereshesays:
“We,aswomen,”
Aregoingtoli�mankind! Hatsoff!Wearecomingtosave theworld…
Wearegoingtopurifypoli�cs… Theworldneedsstrengthand courage, Andwisdomtohelpandfeed–When,“We,aswomen”bring thesetoman, Weshallli�theworldindeed.”
Onbehalfofallmengathered here,especiallyprogressivemen groundedandorientedinthe tradi�onsandvaluesofmy poli�calhome,theAfrican Na�onalCongress,wecanalsosay tothewomen,“Weasmen appreciateyou,weasmenvalue you,andweasmenneedyoufor thefulldevelopmentofourna�on. Siyanithanda,siyanidinga, siyanidumisa.Malibongwe!”
ThecidbERWICAwards DepartmentofPublicWorksandInfrastructure
DeputyMinisterSihleZikalalahonoursthe outstandingachievementsofwomeninthe construc�onindustrywhenhedelivershiskeynote addressatthe cidb's5thAnnualERWICAward.
ThecidbERWICAwardshaveemergedasa groundbreakingcelebra�onintheconstruc�on industry,transformingthelandscapeforwomenina fieldlongdominatedbymen.Nowinitsfi�hyear,this pres�giouseventisnotjustanawardsceremony;itis amovementaimedatempoweringwomenand reshapingindustrynorms.
Theawardshighlighttheextraordinaryachievements ofwomenwhoarebreakingbarriersandredefining roleswithinconstruc�on.Byrecognisingexcellence andfosteringacultureofsupportamongstakeholders, theERWICAwardsserveasacatalystforprofessional growthanddevelopment.Theyshineaspotlighton inspiringrolemodelsinlower-gradeconstruc�on categories,whilealsomo�va�ngwomeninhigher gradestoreachnewheights.
ThecidbERWICAwards ThecidbERWICAwardshavebeenanimportant catalystforchangeintheconstruc�onindustry, recognisingandempoweringwomenwhohavemade significantcontribu�onstothesector.Theawards havealsohelpedtocreateamoreinclusive environmentbyprovidingapla�ormforwomento showcasetheirworkandachievements.Takingplace inSandtononthe22ndofAugustthisyear,thecidb ERWICAwardsarecelebra�ngtheir5thyearof promo�ngGenderAgenda.
AccordingtoBonganiDladla,CEOoftheConstruc�on IndustryDevelopmentBoard(cidb),“TheERWIC Awardshaveplayedacrucialroleinchangingthe mindsetofclientsandwomenthemselves.Inthepast, whenaskingaboutwomeninconstruc�on,everyone wouldmen�ononlyafewnames.However,now, therearemanymorewomenbeingrecognisedand awarded,whichishelpingtochangethepercep�on thatwomenareverycapableofdoingconstruc�on work.”
BonganiDladla-cidbCEO
Dladlahighlights,“Theawardsare helpingtomainstreamthe presenceofwomenin construc�on,makingitmore visibleandrecognised.Theawards arenotjustaboutrecognising womenbutalsoaboutchanging thecultureoftheindustryand howweviewwhoiscompetent andwhoisnot.”
TheERWICAwardshavecreateda supportnetworkforwomenin construc�on,whichiscrucialin buildingconfidenceand encouragingwomentotakeon leadershiproles.Theyalso promotethepar�cipa�onof womenintheindustry,witha significantincreaseinthenumber ofwomenpar�cipa�nginthe awardsoverthepastfiveyears.
Intermsofthefuture,Dladla envisionsaconstruc�onindustry thatismorediverseandinclusive, withbe�errepresenta�onof womenandothergroups,“The industrywillbenefitfromthe diversityofthoughtsand experiencesthatwomenbring, andthatitwillbemorecaring towardsissuesaroundhealthand safety,anddiversity.”Overall,the cidbERWIC.
Awardshaveplayedakeyrolefor thepastfiveyearsinpromo�ng genderdiversityandinclusionin theindustry-strengthening mentoringnetworksand encouragingmorewomento par�cipateinconstruc�on projects.“
Unlockingthepoten�alofwomen inconstruc�onrequiresa mul�facetedapproachthat addressestheuniquechallenges facedbywomenintheindustry. Dladlastates,“Bypriori�sing diversityandinclusion,providing trainingandmentorship opportuni�es,andleveraging technologytopromotegender equality,wecancreateamore inclusiveenvironmentthat supportsthegrowthandsuccess ofwomeninthesector.”
“Aswemoveforward,itiscrucial thatasanindustrywecon�nueto learnfrombestPrac�cesfrom othercountriesandpriori�sethe developmentofwomenin construc�ontodriveinnova�on andgrowthintheindustry,”Dladla concludes.
Thewinnersof2024Womenin Construc�onAwards Thisyear’sawardshighlightedtheimportanceofdiversityandinclusionindrivinginnova�on andsuccessintheconstruc�onindustryandcomprised15categories,recognisingwomenledcompaniesandindividualwomenwithdis�nguishedachievements,aswellascompanies suppor�nggendertransforma�on,development,andmentorship.
ThewinnerforProjectDeliveryExcellenceoftheYear–Grade1was IndependentGirlsBusinessEnterprise(Pty)Ltd fortheir–McDonalds ColumbineCourierproject.Cominginsecondplacewas ChumaProper�es &Construc�onGroup fortheirShellHemingwaysproject.Thirdplace wentto TsaNtaiConstruc�onandProjects(Pty)Ltd fortheir Refurbishment&UpgradingofBaphalanePrimarySchool.
WinningtheProjectDeliveryExcellenceoftheYear–Grade2–4was LungolwakheGroup(Pty)Ltd fortheOfficeBuildingRepairsproject.Insecond placewas GDProjectsandConstruc�on(Pty)Ltd fortheirPavement MaintenanceonNa�onalRoute7FromKilometer34.9Sec�on1toKilometer 35.3Sec�on4project,whilethirdplacewasawardedto LinkyBuildingandCivil Contractors(Pty)Ltd fortheirUpgradingofRoadK46(P79/1)(R511)between PWV5andN14(P158/2)(Diepsloot)project.
TheProjectDeliveryExcellenceoftheYear–Grade5–6awardwasgivento EmpilweniTrading(Pty)LtdfortheirConstruc�onof100mmLeanMix ConcreteInterlayerfortheUpgradeofNa�onalRoute3,Sec�ons2And3, FromLynnfieldParkKilometer30.6,toAshburtonKilometer0.8project.In secondplacewasTovhaniTradingEnterpriseforthePWR61/22:Major Renova�ons&RepairsatThutoBoswaHighSchoolproject.Thirdplacewas allocatedtoBestEnoughTradingAndProjects535(Pty)LtdfortheInstalla�on, Tes�ngandCommissioningtheElectrifica�onofLeratoPark–411households project
IntheProjectDeliveryExcellenceoftheYear–Grade7upwardscategory, VP ElectricalContractors wascrownedthewinnerforitsMaintenanceWorksonLow VoltageAndMediumVoltageElectricalNetworkInfrastructureproject.Insecond placewas VEARoadMaintenanceandCivils(Pty)Ltd fortheGAUTRANSRou�ne RoadMaintenanceproject.
TheRuralProjectoftheYearawardwentto OakantsweConstruc�onand Projects fortheElectrifica�onofWi�enExt10project.Thesecondplacewas awardedto NamasangoBusinessEnterprise fortheUpgradingofTweefontein CandDKwaterinfrastructure–Ward12project;whilethirdplacewentto Best EnoughTradingAndProjects535 fortheConstruc�onofMothanthanyaneng CommunityHallproject.
OakantsweConstruc�onandProjects
Anewcategoryinthe2024ERWICAwards,theInteriorDesignandBuildProject oftheYear,whichprovidesapla�ormtohighlighttheexper�se,crea�vity,and entrepreneurialspiritofwomenprofessionalsinthisspecialisedfield,was awardedto InternalDevelopers foritsThebeInvestmentDesignandHeadOffice Fitoutproject.Insecondplacewas AudacityWorxConcepts fortheAHomefor theHavenNa�onproject.
TheSpecialisedProjectoftheYearwasawardedto LoagoElectricaland Construc�on fortheirSupplyandInstalla�onofHighInvisibleSecurityFence. Secondplacewentto OzelLi�(Pty)Ltd fortheirTransnetRichardsBayProject. Thirdplacewasawardedto LibraLandscapeandFacili�esManagement(Pty)Ltd fortheirRandWaterH8PipelineRehabilita�on.
LoagoElectricalandConstruc�on
SuePhalaneTradingand Projects
TheMentoringEn�tyoftheYear wasawardedto SuePhalane TradingandProjects(Pty)Ltd. Secondplacewentto Besamandla(Pty)Ltd. Third placewasawardedto Pro-Serve Consul�ng(Pty)Ltd.
TheProfessionalTeamofthe Yearwasawardedto Zimisele AfrikaConsul�ng(Pty)Ltd Secondplacewentto Aspire Consul�ngEngineers(Pty)Ltd. Thirdplacewasawardedto VP ElectricalContractors(Pty)Ltd.
CoegaDevelopmentCorpora�on
TheTransforma�onEn�tyoftheYearwas awardedto CoegaDevelopment Corpora�on(Pty)Ltd,while AudacityWorx Concepts wontheInnova�veEn�tyofthe Year.Secondplaceinthiscategorywentto BashoeshoeHousingSystems. Thirdplace wasawardedto OzelLi�(Pty)Ltd
InternalDevelopers
PhangasasaTradingand Construc�on(Pty)Ltd walkedawaywithfirst placeforthe ManufacturingEn�tyof theYearaward.
LoagoElectricaland Construc�on(Pty)Ltdwonthe Youth-OwnedWoman Construc�onEn�tyoftheYear Award.Secondplacewentto ManyawusiTrading Enterprises(Pty)Ltd,while SistersinConstruc�on(Pty) LtdandIndependentGirls BusinessEnterprise(Pty)Ltd �edinthirdplace.
TheWoman-ownedConstruc�onEn�tyoftheYearwasawardedto SinenhlahlaChamane from EmpilweniTrading(Pty)Ltd.Secondplace wentto PhumlaZondo from B&VMaintenanceandRenova�ons(Pty) Ltd andthirdplacewasawardedto PamelaOlgaSiphika from RoofAct (Pty)Ltd.
TheWomanMentoroftheYearwasawardedto Chris�naDimakatsoKlaas from TjekaTrainingMa�ers.Secondplacewentto Lise�eKeightley from Be�s TownsendTaylor(Pty)Ltd andthirdplacewasawardedto LoratoMoncho from LoetopeleConstruc�onandProjects
SuePhalaneTradingandProjects
TheExcep�onalWomaninConstruc�onContributoroftheYearwas awardedtoSuzanPor�aPhalanefrom SuePhalaneTradingand Projects(Pty)Ltd.Secondplacewentto ThokoTshabalalaShandu from VEARoadMaintenanceandCivils(Pty)Ltd andthirdplacewas awardedto NondumisoMthombeni from Be�sTownsendTaylor(Pty) Ltd
PhangasasaTradingand Construc�on
LoagoElectricalandConstruc�on
SinenhlahlaChamane
Chris�naDimakatsoKlaas
LandsdownePropertyGroup (“Landsdowne”or“the Group”),oneofSouth Africa’slargestresiden�alreal estatemanagersandestate agencycompanysaysacutin interestrateswoulds�mulatethe residen�alpropertymarket.
Thegroupsaiddespitehigh interestrates,northern Johannesburgsuburbsincluding Bryanston,Sunninghilland Paulshofoffergoodvaluefor savvyinvestors.
JonathanKohler,Founderand CEOofLandsdownecommented:
“Propertypricesin Johannesburgaresi�ngat levelslastseen14yearsagoand webelievenowisagood�meto buypropertyinthemetro. Courageousinvestorswhotake
NEWNORTH JOHANNESBURG SUBURBSOFFER VALUEFOR MONEYFOR SAVVYINVESTORS along-termviewwillbe rewardedwhenthemarket turns.”
Atwo-bedroom,twobathroomapartmentin JohannesburgpricedatR1.2 millionandrentedforR9750 permonthoffernetrental yieldsof7.36%.
Landsdowneisasalesand rentalagencywithover40000 apartmentsandfreestanding clustersundermanagement. Thegroupisseeingincreased demandforproper�esinthe suburbsincludingBryanston, SunninghillandPaulshof.
Centrallylocatedclosetothe SandtonandRandburgCBDs andotherareaswithexcellent schools,medicalfacili�es, shoppingandentertainment facili�es,Bryanstonremainsa
sought-a�ersuburbtobuy property.Itoffersentrylevel apartmentstoluxuryfamily homesandresidences.
AccordingtoLightstonedata, in2021,Bryanstonemergedas oneofthetop10loca�onsfor peopleowningmul�proper�esandwasoneofthe topsellingsuburbsinthe countryin2023.
PaulshofandSunninghillare well-locatedclosetoameni�es andschoolsandofferbuyersa widerrangeofproper�esto choosefrom.Itispossibleto findaone-bedroom apartmentinPaulshofforR730 000makingitagreatbuy-toletinvestmentproperty.
Kohlersaidhigher-for-longerinterestrates coupledwithhighinfla�onandrisingcostof livingarepu�ngpressureonaffordabilityto buyorrentproperty.
TheSouthAfricanReserveBank(SARB) startedhikinginterestratesinNovember 2021,andsinceMay2023,thebankhasheld ratessteadyat8.25%followingacumula�ve 475basispointsincrease.
MarketconsensusisthattheBankwould holdratessteadywiththefirstcutexpected inSeptember.
Kohlersaidlastmonth,thegrouprecordedadeclineindeals whetherinsalesorrentals.Therearemorepeoplewan�ng tobuyorrentproperty,buttheircreditrecordsaretainted.
WomeninConstruction,selectedfortraininginChina, throughmentorshipprogram 
