Published: 2018-10-04

Master Builders South Africa Congress 2018 saw Vic Naidoo (L) installed  as Vice President and John Matthews (R) as President for the forthcoming  2018/2019 term

 

Delivering the Congress’ keynote address on The State of the Construction Industry and Where to from Here, MBSA President, John Matthews, said: “The past 10 years have seen little to no growth in the building industry. This is the fifth consecutive quarter that the construction industry has declined, reducing its value from R110 billion to R108 billion. Added to this is a lack of skilled labour and supervision, collusion and the tangible and non-tangible costs thereof, along with mistrust between contractors and clients with R6.6 billion owed by clients. Construction companies are either in liquidation or business rescue and many others are in distress. Although government has allocated R50 billion to infrastructure, this means nothing because available funds are not being spent and we will continue to see things play out in the way they did with Liviero and Basil Read, either because of a lack of will to execute or failure to pay contractors when invoices are due.”

L-R. Michelle Scholz,Amy Ledwidge, (John Matthews-MBA) Jarrod Kitching,(Tony Keal-MBA), Byron Kamfer, (Allen Bodill-MBA), Tiffany Abrahams, (John Slingsby MBA)
 
MBA Development Trust sponsors annually the costs for a number of students to attend the MBSA Congress.

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