BUSINESS INTELLIGENCE institutions , poses a real danger for both domestic and foreign investment in the sector . The Ramaphosa administration requires urgent intervention in the sector . This , coupled with a slow roll-out of infrastructure projects and an inexplicably high rate of cancellations of projects that have been put out to tender , is accelerating the demise of the industry . We , however , remain optimistic that the new president , as he said at our gala dinner keynote address , would like to see many cranes in the sky as an indication that infrastructure is indeed taking place . We should be reporting the number of jobs we are creating each day , rather than counting the number of people being retrenched . As we add our voice to congratulate Ramaphosa on his election as South African president , we equally applaud him for his great inaugural SONA address , which signified a new dawn . While as SAFCEC , we say , “ Send us .” We want to lend a hand . We also say save us , as the industry is bleeding , owing to slow infrastructure roll-out , non-payment or late payment for services rendered — and policy uncertainty . nn
“ If we are to learn anything from our BRICS counterparts , it is that their economies grew at higher rates , driven by a strong focus on infrastructure development .”
SAFCEC
About the author : Webster Mfebe is the chief executive officer of the South African Forum of Civil Engineering Contractors , a position he has held since January 2013 . He has accumulated a wealth of management expertise during his career spanning the mining , construction , and engineering industries ; broadcasting ; politics ; and running his own enterprise . He has addressed various international conferences , locally and abroad , on political and economic issues .