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Weekend Argus Property 360 Saturday 16 March 2019, DROUGHT FALLOUT CONTRACTORS HIT

Drought fallout contractors hit

Indawo has seen an increase in requests for refurbishment projects over the last 3 years says the company’s geoffrey Jäck.

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Drought fallout contractors hit

Indawo has seen an increase in requests for refurbishment projects over the last three years, according to the company’s Geoffrey Jäck.

However, with the current economic pressures clients are opting for selective projects, doing what is urgent.

“On the back of the Western Cape emerging from a drought crisis, contractors were, especially, hard hit by severe water restrictions…Unusually high job losses resulted as clients withdrew from contract negotiations in fear of severe financial penalties and prosecution.”

Despite contractors implementing reliable water harvesting, property owners are still reluctant to approve projects, he says.

“Further job losses are at risk in 2019 should the City of Cape Town refuse to give the green light for vital water usage. Non-potable water supply is now a part of most contractors’ solutions.”

Indawo can be contacted on 021 941 5000 or email info@indawo.biz for all building refurbishment, roofing, painting or waterproofing projects.

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