Browsing: construction industry

In the cement industry, the South African Government has taken a protectionist stance, banning the import of cement especially for infrastructure projects that it is sponsoring. The ban came from Treasury in October.
This decision has been widely celebrated by the cement sector which has been struggling since 2014. This period is profound in that cheap cement flooded the South African market and reduced the profits of local producers.
These cement producers according to industry body, Cement and Concrete South Africa have been under siege from cheap imports from Pakistan, China, and Vietnam.

The construction sector has more promise including in the retail sector despite the fact that many malls are either under-occupied or have no tenants.

With the online market space gaining popularity, what cannot be seen in the malls can instead be stored in the same buildings if adapted to become warehouses.