South Africa's (SA) construction sector is showing signs of life again. In the third quarter of 2025, while the economy grew by just 0.5%, construction managed a small rise of 0.1%, and the Afrimat Construction Index, a measure of activity in the construction sector, jumped more than 10%.
At the same time, government has launched its first Infrastructure and Development Finance Bond, aimed at strengthening capital formation and expanding the national infrastructure pipeline.
Thami Ngubeni spoke to Chief Economist and Director at Econometrix, Dr Azzar Jammine.