The latest FNB BER Civil Confidence Index, released towards the end of September, has shown that confidence in South Africa's construction sector in the last quarter fell to its lowest level since 2000. The index registered a level of 15, shedding 13 points from the second quarter. In addition to this lower confidence, caused primarily by weaker growth, Stats SA revealed that job losses in the construction industry over Q2 in 2017 totalled approximately 11,000.
↧