Overview
- Statistics SA reports the Q3 unemployment rate fell to 31.9% from 33.2%, with 248,000 jobs added and construction contributing 130,000.
- The Medium Term Budget Policy Statement shifts spending toward investment, with capital payments projected to grow 7.5% over the medium term.
- Government will amend public‑private partnership regulations and issue unsolicited‑bid guidelines to draw more private investment into infrastructure.
- All Public Works departments will establish Procurement War Rooms to clear bottlenecks, speed bid evaluations and move projects to site sooner.
- The South African Construction Action Plan sets measurable targets and consequences, tackles cash‑flow and underperforming contractors, uses real‑time project tracking, and is backed by a vow to curb criminal interference.