CESA survey highlights SA’s risks – construction sector confidence falls due to lack of government projects and slow pace of tender awards!

The results of Consulting Engineers South Africa’s (CESA’s) Bi-annual Economic and Capacity Survey (BECS) for the period January to June 2022 just released, indicates an improved outlook for 2022 but projections remain below 2% for 2023/24 on the back of higher lending rates dampening potential investment demand and slower consumer demand.

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