BLACK economic empowerment is expected to get a real shot in the arm this year from government's imminent empowerment legislation, according to empowerment analysts.
GOVERNMENT may be responsible for emerging black building companies collapsing because it is late with payments , and it is calling on building contractors who do not get paid on time to raise the issue.
On a continent with so many weak economies, the construction industry could be expected to be one of Africa's weakest sectors. But it is not. Growth rates in the sector of 6-10% are not uncommon and look set to be sustained over the coming decade.
MEMBERS of the National African Federation for the Building Industry (Nafbi) convened at the Riverside Hotel in Durban recently to learn more about property development from the KZN-based eLan Group.
GOVERNMENT may be responsible for emerging black building companies collapsing because it is late with payments , and it is calling on building contractors who do not get paid on time to raise the issue.