Cheap is not always Better – You get what you Pay for

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Everyone wants to save an extra rand! However, in our pursuit of savings, there are areas where we should not skip especially when it comes to building a home, regardless of the size or location, its always costly… and these days with the cost of living only getting higher, building a home has become increasingly expensive.

When we think of building a home… the first things that normally come to mind are: “Bricks, sand, roofing, tools, painting oh and lets not forget the labour.”

Anyone who has built a home or considered building a home has likely heard the term “builder grade/ Contractor grade” materials. These matertials are just for temporary use not long term measures. When there are so many details to consider, a potential homebuilder may not look as deeply into understanding what these materials are and how they can affect your home down the road.

For example: Bricks: we know for one that it is time consuming because it cannot be used in high seismic zones. Bricks absorb water easily, therefore that can cause flouroscene when not exposed to air. We know that bricks have a less textile strength and the rough surfaces of bricks cause mold growth if not properly cleaned. The cleaning of brick surfaces is a job that can be quite difficult because the colour of low quality brick changes when it is exposed to the sun for long periods of time.

Everyone wants to save these days and we see this everywhere, with our clothes and electronics and even food. However, when it comes to our assets like our homes, cars and jewellery we need to consider spending a few extra rands. We really need to think of the long term effect and whether the specific item will last us for the next 10 or even 15 years. We tend to spend because an item is on sale not necessarily because we need it at the time. Time! Yes, it is such an imperative factor, because it is something we can never get back. Let us ask ourselves, is this going to sustain me for the next 10 years or will this perish within a few months.
When we consider Building, we see that it is about creation. We create with the heart, but we envision from the mind. We create to help and support people but in order to do that in a way that is effective and long lasting, we need to be able to forecast the unpredictable weather conditions like the current flood we are experiencing throughout KwaZulu Natal.

“Cheap is not always better, you should get what you paid for!”


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About Nazeema Shelembe

I am a content researcher who just started with Leads 2 Business in February this year, I work in the Daily Tenders South Africa department. I am a young vibrant lady who enjoys meeting new people and doing new things. I welcome challenges and always find new ways of doing things. I am a mum and I love spending time with my not so little, very talkative son.

Project Infographic: Northern Cape

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Project Infographic: Northern Cape

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About Marlaine Andersen

I have been working for Leads 2 Business, in the Private Projects Department, for 10 years this July. I am Deputy HoD for Private Projects. Researching mining projects and projects through-out the African continent are my areas of research and I find them most interesting.

Featured Project: Prieska Zinc-Copper Project, Northern Cape

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Featured Project: Prieska Zinc-Copper Project, Northern Cape

Description
The project is located 270 kilometres south-west of Kimberley, the regional capital of the Northern Cape province. Importantly, the project has access to significant local and regional infrastructure, with mine infrastructure including a regional power grid feed, bitumen access roads, access to a bulk, treated water supply and a 1 900m landing strip. Several large commercial wind and solar generation projects are operational in the surrounding area and the mine is located just 48kms from a railway siding at Groveput with an open-access railway line connecting the site to the world-class export port of Saldanha Bay.

 

Status Region
Procedural Northern Cape
Category Value
Infrastructure R 100 million+
Industry Timing
Mining 2017 onwards
Sector Class
Private Invited

 


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About Lauren Davids

I am a Content Researcher for the Western Cape Region in the Tenders South Africa Department.

Terrific Reasons to Hire a Contractor

So you want to build your own home? Perhaps you own a house already and want to modify or extend the existing space. Maybe you just want to add a swimming pool or a lock-up garage.

Many people undertake DIY construction projects without the consultation or employment of an experienced contractor. Many of these projects turn out to be successful, but can also come with various challenges.

If you want to remove the stress element, consider hiring a contractor for the following reasons.

  • Experience

Appoint a construction company that has a wealth of expertise in the industry. An experienced contractor will know exactly what is required for your project to be completed safely and within your budget and time frame.

  • Quality of Work

More often than not, experienced contractors have skilled in-house teams and external sub-contractor teams that have likely worked together on numerous projects. This provides you with peace of mind that your project will be carried out with quality workmanship.

  • Compliance with the Law

It would be wise to appoint a contractor who is an expert in complying with South Africa’s National Building Regulations (NBR). Your appointed contractor should know how to carry out the works by following these guidelines.

Reputable contractors in the home building industry should be registered with the National Home Builders Registration Council (NHBRC). The NHBRC’s vision is “to be a champion of the housing consumer” and their mission is “to protect the housing consumers and to regulate the homebuilding environment.”

  • Insurance Cover

Should you ever encounter a problem with the structures in the future, your insurer will want to make sure that all legal regulations were adhered to during construction. If not, your claim/s could be rejected.

  • Warranties

Projects are undertaken by a contractor that is NHBRC certified and carry a 12-month warranty against roof leaks and a 5-year warranty against major structural defects.

The ultimate goal here would be to transform your living space into a place that works for you and your family, that is safe and that will last for many years to come. The above-mentioned points will hopefully assist you with the decision of whether or not to appoint a contractor for your next exciting project.

Happy planning!

 

 

Sources:
SANS 10400 Building Regulations
NHBRC
NHBRC warns consumers against fraudulent use of its logo
Property24
Dial A Contractor
Durbanville online directory


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About Bianca Warwick

I had the privilege of joining the Leads 2 Business content team in January 2012. I work in the exciting Projects department, following the progress of construction developments in KwaZulu-Natal and the Free State.

Featured Company: High End General Construction

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Who’s who in your Industry? This week we are featuring High End General Construction

 


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About Jade Nel

I joined Leads 2 Business in July 2017 as an Account Executive in Durban. My main focuses are sales and customer retention, I am extremely bubbly, fun and competitive.

How Funding affects Construction in Africa

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Construction is a vital sector of any country’s economy because the physical construction of the developments become the backbone of the nation’s economy that enables goods and services to be distributed within and outside the country.

Furthermore, the functionality of the designs and construction of the developments have an impact on the productivity with which other business activities can be undertaken. Thus it can be said that the infrastructure of a country influences the competitiveness of enterprises and the country’s abilities to attract foreign investment, which is important in an era of globalisation as nations compete to attract foreign domestic investment.

However, with the general economic weaknesses Africa faces as a developing continent it means that we do not enjoy the realities of the above utopia.

Construction in Africa is predominantly funded through the following four Funding mechanisms

Government Funding
The Government is spending the “peoples money” to fund the project.

Private Funding
A project which is funded by a private developer which can be a private individual or company.

Loans
Financial assistance provided by an international bank or international financial institution to the government which is repayable after some time with interest. e.g.   a loan from the African Development Bank or a generous loan from generous ‘ China ’

Public-Private Partnerships
A contract between a government institution and a private company, in which the private company bears significant risk and management responsibility, and payment is linked to performance.

Regional Construction Focus

East Africa

With 166 underway projects on our website: East Africa accounts for 23.4% of projects on the continent.

Southern Africa

With 1229 underway projects on our website. The region accounts for 30.7% of all projects in Africa.

Central Africa

With 14 underway projects on our website. The region continues to be negatively affected by lower commodity prices, as all countries in the region are resource dependent. In total Central Africa is home to a few major public projects worth about US$9.8bn.

West Africa

With 66 underway projects on our website. The region accounts for 26.1% of all projects in Africa.

North Africa

With 50 underway projects on our website. The region accounts for 13.2% of all trackable projects on the continent.

Just taking into account the 1 525 projects that are marked as underway on our website out of the 6 412 captured,(with a cidb grading value 8-9. In stages between Conceptual – Underway) we can deduct that Africa requires an unprecedented magnitude of funds that individual countries do not have or just cannot afford to fully invest in. Furthering the dependency of international loans that we receive from the likes of China. This then minimizes the opportunities for local companies to make a sizeable splash in the construction pond.

The lack of funding or rather the ability for African nations to allocate more of their financial resources into construction has also cultivated a culture of non-payment of accounts. The amounts due to construction companies and a failure to make payment in time, lead to horrible liquidation or business rescue of established first-tier companies that boost the sector.

Furthermore due to the general economic weakness in the continent and a high need for infrastructure development means that we see more contracts that are uneconomical if work was to be given to local contracting professionals.

We further see delays in the completion of contracts within the scheduled times, if ever because of a lack of funds: which adversely affect the chances of any African nation attracting good and healthy direct foreign investment to boost the overall economy of the country. Furthermore, it affects local construction professionals because it becomes hard for them to afford to take the work.

Africa’s construction industry deficit is a cause of great distress. The problem of internal funding shortage and the large size of the infrastructure needs, require a lot of funding options. That we have! However, it would be great if we had ones that lessen the over-dependence on international loans because this allows excessive exposure and vulnerability of the continent and its resources.

Responsible lending and borrowing behaviour are required on the part of Africa and its development partners to avoid unsustainable external debt levels which are detrimental to Africa’s construction industry growth.

No matter what cause I pick for my topic, the prevalent effect seems to mimic a viscous airtime advance system cycle: You borrow airtime. Load airtime to pay back the service provider. Clear your debt. Be left with nothing. Then you have to borrow airtime again to survive and in the end, you have not looked after your own interests. In my opinion, the health and growth of the local construction scene by our own labour should be of main interest for the decision makers when funding the sector is concerned.

Concluding I have to admit, I would fail to propose a well developed, practically applicable solution model to the effects I have presented above. However as much as there are a whole lot of challenges surrounding construction operations in Africa, there is potential for growth. If we would just find suitable and positive investment strategies that will work for a developing continent, without harming the wealth of business knowledge, skills and labour we already have, in years to come the industry could be so well developed it would practically fund itself.

 

Sources:
George Ofori, Ph.D., D.Sc., Funding Construction Industry Development
Deloitte, Africa Construction Trend Reports
BDO South Africa, Saving the Construction Sector
African Business, Boosting development through sovereign wealth funds
Wikipedia

 


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About Minnie Zondi

I am an insanely optimistic ambivert that does everything from the heart instead of the mind. Deeply interested in people and matters that pertain to mankind.

Project Infographic: North West

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Project Infographic: North West

Get the inside scoop…

 

 

 

To view more articles, please visit the Leads 2 Business Blog.
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About Marlaine Andersen

I have been working for Leads 2 Business, in the Private Projects Department, for 10 years this July. I am Deputy HoD for Private Projects. Researching mining projects and projects through-out the African continent are my areas of research and I find them most interesting.

Featured Tender: Sec Piping Project – Removal And Installation Support Services

Featured Tender: Sec Piping Project – Removal And Installation Support Services

Contract Number:

PEL-2019-RFI-0001 – NECSA

Description:

Bids are invited for: Request for Information: Sec Piping Project – Removal And Installation Support Services

Category Industry
Infrastructure Institutional
Region Site Inspection
North West 2019-05-20 09:00 AM
Closing Date Contract Period
13 June 2019 at 11:00 No details.

 

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About Naomi Konigkramer

I have been at Leads to Business for just over 2 months, I have learned so many new things, and am very happy to be in the Daily Tenders Department. I have been married to my husband for 7 & half years, and we have 3 beautiful daughters - the twins who are 14 years old and our "baby" who is 5 years old. I am very blessed.

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