BUSINESS MAVERICK: Promise Tracker: Ramaphosa’s Infrastructure Fund is yet to get off the ground A year on, there is little to show for President Cyril Ramaphosa’s economic stimulus plan – especially his promise of launching a ‘mega’ infrastructure fund. In theory, the fund, which will draw private sector funding and skills, is noble. But protracted discussions about ... »
Across the globe, tall wood structures have begun transforming the world of skyscrapers and high-rise buildings, ushering in an important shift to an architectural practice that has traditionally been dominated by steel and concrete. Typically defined as wood-constructed buildings over 14 stories or 50 meters high, the past six years have seen over 44 tall wood buildings built or underway around t... »
There was a packed house at the roadshow launch event for the Registration of Building Inspectors, presented by the South African Council for the Project and Construction Management Professions (SACPCMP) in Midrand this week. The Council welcomed building inspectors from across Gauteng to discuss the requirements and benefits of the registration process that will commence in October 2019. “... »
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To counter the characteristics that make digital transformation particularly challenging in the Construction industry. Construction companies must be thoughtful in the ways they approach their digital transformations. Adopting the following five practices will increase the likelihood of success and enable companies to capture greater value from digital. Focus on fixing pain points, not installing ... »
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Outside individual major projects, few Construction companies have fully digitized their operations. They aren’t alone. Companies in all industries report that digital transformations often fall short of expectations. In one McKinsey survey, just 16 percent of respondents said their organizations’ digital transformations had delivered sustainable performance improvements. Common challenges include... »