19
Apr
Martin Endjala With the lack of a sector council or regulator, the construction industry will continue to be negatively impacted by economic factors which will result in the sector not yielding any growth. According to Simonis and Storm Economist, Theo Klein, the situation is likely to persist and it will weigh on the profitability of local operators in the construction industry. “Apart from calling on more investor-friendly policies, since 2006 the Construction Industry Federation has argued for a construction council that would serve in the interest of local capacitation and effective regulation of the sector. This has however not been…