26 Jun 2018
Weak activity continues to weigh on sentiment in the construction sector
By Janice Roberts
The FNB/BER Civil Confidence Index gained 3 points to register a level of 15 in 2Q2018. The sustained low confidence is explained by a deterioration in almost all of the underlying indicators, most notably construction activity and tendering competition. In summary, the civil construction sector remains under duress with little, if any, improvement likely over...