Report Coverage
This report covers the quantity surveying sector including details on registered practitioners and salary scales. It includes information on the state of the sector, particularly in relation to the construction sector, on which it relies. The report includes comprehensive profiles of nine firms including the largest firms include AECOM (AECOM Davis Langdon), Turner and Townsend, MLC Quantity Surveyors and De Leeuw Southern Africa. \r\n
Introduction
This report focuses on the quantity surveying sector in South Africa, which consisted of 2,236 registered professional quantity surveyors and 2,303 registered candidate quantity surveyors in 2018. A subdued macro-economic environment, the weak rand and the country\'s troubled construction industry, which the quantity surveying sector relies on, caused the quantity surveying sector to contract in 2018. The number of practising salaried quantity surveyors with more than 10 years\' experience declined from 28.2% of all practising surveyors to 21.4% in 2018.
Strengths
• Registered South African quantity surveyors have internationally accredited qualifications.
• Well-regulated sector.
Weaknesses
• The sector is dependent on the economy, especially the state of the construction sector.
• Under-quoting creates an expectation for clients to assume that fees should be discounted.
Opportunities
• Expanding the quantity surveyor’s offerings to encompass all areas of project construction management in addition to quantity surveying.
• Growth in Africa.
• Move towards more environmentally friendly green buildings.
Threats
• Continued economic problems and downturn in construction sector.
• Shortage of qualified lecturers.
Outlook
Although the South African economy is slowly recovering from 2018’s recession, there are still negative factors affecting economic growth, which include the volatile rand, unstable electricity supply and the high cost of fuel. With the sector dependent on the economy, especially the construction industry, the quantity surveying sector is expected to see slow growth. Jason Muscat, senior economic analyst at FNB, said civil contractors remain predominantly pessimistic, as reflected by the FNB/BER Civil Confidence Index. “It is difficult to conceive a further, and potentially steeper, fall in construction activity after the declines already experienced over the past few quarters. However, that is what the Q4 survey results suggest. This means that the economy is yet to see any real benefit from president Ramaphosa’s key focus on stimulating fixed investment.”
Quantity Surveying Industry in South Africa
2019
Full Report
R 1 900.00(ZAR) estimated $101.90 (USD)*
Industry Landscape
R 1 330.00(ZAR) estimated $ 71.33 (USD)*
Table of Contents
[ Close ]| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Value Chain | 2 |
| 2.2. | Geographic Position | 2 |
| 3. | SIZE OF THE INDUSTRY | 2 |
| 4. | STATE OF THE INDUSTRY | 3 |
| 4.1. | Local | 3 |
| 4.1.1. | Regulations | 5 |
| 4.1.2. | Enterprise Development and Social Economic Development | 6 |
| 4.2. | Continental | 7 |
| 4.3. | International | 8 |
| 5. | INFLUENCING FACTORS | 9 |
| 5.1. | Economic Environment | 9 |
| 5.2. | Labour | 10 |
| 5.3. | Technology, Research and Development (R&D) and Innovation | 11 |
| 5.4. | Cyclicality | 12 |
| 5.5. | Environmental Concerns | 12 |
| 6. | COMPETITION | 13 |
| 6.1. | Barriers to Entry | 13 |
| 7. | SWOT ANALYSIS | 14 |
| 8. | OUTLOOK | 14 |
| 9. | INDUSTRY ASSOCIATIONS | 15 |
| 10. | REFERENCES | 15 |
| 10.1. | Publications | 15 |
| 10.2. | Websites | 15 |
| APPENDIX 1 | 16 | |
| Summary of Notable Players | 16 | |
| COMPANY PROFILES | 18 | |
| AECOM AFRICA (PTY) LTD | 18 | |
| AKHA IZWE CONSULTANTS CC | 20 | |
| BHAM TAYOB KHAN MATUNDA PE INC | 21 | |
| DE LEEUW SOUTHERN AFRICA (PTY) LTD | 23 | |
| FERRER HAYIM (PTY) LTD | 26 | |
| LDM QUANTITY SURVEYORS DBN (PTY) LTD | 28 | |
| MLC QUANTITY SURVEYORS SA (PTY) LTD | 30 | |
| RIDER LEVETT BUCKNALL ZA (PTY) LTD | 33 | |
| TURNER AND TOWNSEND (PTY) LTD | 35 |
