The construction industry is a powerhouse, reshaping skylines and revitalising communities. But beneath the scaffolding, a growing threat is emerging.
In recent years, tragedies like the George building collapse in the Western Cape, the L'Aquila earthquake in Italy, the devastating earthquakes in Haiti and Christchurch, New Zealand, and the horrific Grenfell Tower fire in the UK have exacted a staggering toll: over 200,000 lives lost, nearly $70 billion (about R1.2 trillion) in damages. These disasters were more than accidents—they were the result of overlooked risks, a failure to prepare for the worst.
The construction industry isn't alone in its vulnerability. The oil, gas and extractives sectors have long understood that loss of life impacts share value.
Bu hikaye The Citizen dergisinin October 26, 2024 sayısından alınmıştır.
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Bu hikaye The Citizen dergisinin October 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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