PRETORIA – The Association of South African Quantity Surveyors on Friday added its voice to growing concerns over the so-called construction mafia, calling on the government to intervene to protect projects, investor confidence and the safety of professionals.
“The gangs demanded to be part of the project and burned the properties to the ground. The pictures of the scene look like footage from a war zone,” Bayat said. “Again, police were called, but they only arrived hours later and said that the issue had to be handed over to the Paarl police station. Contractors, female engineers, and other staff had to run for their lives into the veld. The response from the South African police simply isn’t good enough anymore.
Mfebe said the industry was concerned about this situation and the harm it caused to investor confidence. “Despite reporting it to the police and interdicts obtained, the disruptors were released after being arrested and continued disrupting the sites unabated with AK-47 rifles,” he said.
busrep This is an indictment on this useless ANC gov.... 1. They cannot keep law & order.. 2. They allowed patronage & favoritism in awarding tenders over the years... 3.They can’t control their own corrupt politicians... 4. They have no clue on how to protect developmental projects..
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amplats puts 270ha of land in new hands | IOL Business ReportAmplats said on Friday that the land would be used for housing and resettlement in Rustenburg, which is home to some platinum assets.
Source: IOL - 🏆 46. / 51 Read more »
#PICInquiry: FSCA debars ex-PIC execs implicated in VBS scandal | IOL Business ReportThe PIC executives on the board were implicated in the VBS Bank saga, which raised a red flag and had to be debarred from VBS activities. Leaving the elephant in the and continued chasing a rat.
Source: IOL - 🏆 46. / 51 Read more »
#PICInquiry: AYO shares initially valued as high as R47 | IOL Business ReportPIC official says the P/E gave a base case value of R43 a share, which was derived from earnings a share of R2.68 a share multiplied by 16 x P/E.
Source: IOL - 🏆 46. / 51 Read more »
Eskom seeks R6.9bn loan to upgrade Medupi | IOL Business ReportThe loan will come in a difficult period as the state-owned utility struggles with severe operational problems that have led to renewed load shedding. busrep They must have pocketed all the other bail outs and loans already. Time for more loans they can't possibly pay back. busrep Eskom - Why not ask Mozambique 😀😄 busrep I can hear Pravin singing; ‘oh happy days, oh happy happy days...’.
Source: IOL - 🏆 46. / 51 Read more »
More Burger King outlets are planned - GPI | IOL Business ReportGrand Parade Investments (GPI) GPI focused on beefing-up the profitability of its ailing Burger King restaurants in the six months to December.
Source: IOL - 🏆 46. / 51 Read more »
Apple unveils new iPad, updates Mini ahead of video streaming launch | IOL Business ReportApple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25 event.
Source: IOL - 🏆 46. / 51 Read more »
#PICInquiry: Former exec decries lack of transparency, shareholder interference | IOL Business ReportThis creates a risk for staff, to be diluted over time and the current highly skilled staff complement to be lost to the market.
Source: IOL - 🏆 46. / 51 Read more »
Here are the top 5 cities with the most billionaires | IOL Business ReportThe 2019 Forbes World's Billionaires List featured 2153 members and revealed that 551 of them lived in 10 of the world's ...
Source: IOL - 🏆 46. / 51 Read more »
WATCH: Huawei shows us the Huawei Mate X device up close and personal | IOL Business ReportHuawei showed us a sample of the foldable Huawei Mate X device. See what it looks like.
Source: IOL - 🏆 46. / 51 Read more »
AYO, PIC and CIPC in courtroom showdown | IOL Business ReportIn two separate cases held at a joint sitting in front of Judge Cornelius van der Westhuizen, the CIPC faced off with the PIC, judgement on Monday.
Source: IOL - 🏆 46. / 51 Read more »