Master Builders Insurance
Africa's construction sector has faced numerous
challenges in recent years, impacting its
overall contribution to the country's GDP.
Decreased government spending (specifically);
allegations of collusion; rising costs of plant,
equipment and materials; talent shortages; and a
general, low-growth environment are at the top
of the list of challenges.
make matters worse, the NatCat events of 2017
which led to immense financial losses within the
property sector, also considerably increased
Despite this, the
sector's ability to continue attracting
much-needed foreign direct investment as well as
local investments to spur growth, remains