Industry News

Non payment is destroying the construction sector

By 31st May 2019 No Comments

The lack of construction work is threatening the survival of sub-contractors, many of them black-owned. Sub-contractors were also suffering financially, because of non payment or payment delays by main contractors.

Mohau Mphomela, the executive director of the Master Builders Association (MBA) North, said the entire construction industry was suffering from a lack of investment and expenditure by both the public and private sector.

“If main contractors cannot obtain work, it will inherently cause sub-contractors to not have work themselves. A large percentage of the work done on every project is done by sub contractors,” he said.

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Originally published on 23 August 2018 by:
ROY COKAYNE
https://www.iol.co.za/business-report/companies/non-payment-is-destroying-the-construction-sector-16692646