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  • Finweek - English

    Infrastructure development back on SA’s economic priority list

    Oct 22, 2021 3 minutes
    By Mosa Manqindi and Amy Degenhardt

    construction is a highly cyclical sector with its performance dependent on economic booms and busts. Leading up to the 2010 Fifa World Cup, for example, the number of new JSE-listed companies in the construction sector dominated with firms such as Aveng, Murray& Roberts and PPC featuring in the JSE Top 40 Index.

    Unfortunately, this was followed by an unprecedented number of large contractors liquidating, filing for business rescue or delisting.

    Over the past decade, the country’s depressed economy combined

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