There has been increased adoption of foreign construction materials more than indigenous construction materials (ICM) in Ghana. This paper aims to explore how ICMs usage rate can be improved to sustain the local construction industry. Through use of mixed-method and bounded rationality, relative...

In this paper, we employ various tests to investigate the weak form of the efficient market hypothesis for four African stock markets - Ghana, Mauritius, Egypt and South Africa. The results of both parametric and non-parametric tests show that the South African stock market is weak form...

Formal and analytical models that contractors can use to assess and price project risk at the tender stage have proliferated in recent years. However, they are rarely used in practice. Introducing more models would, therefore, not necessarily help. A better understanding is needed of how...

The international mobility of skilled labour has become a key component of the global knowledge-based economy. Rising levels of foreign direct investment (FDI), international trade, research and development (R&D), technological advances and increased demand for skilled workers seem to have all...

In the tender process, contractors often rely on subcontract and supply enquiries to calculate their bid prices. However, this integral part of the bidding process is not empirically articulated in the literature. Over 30 published materials on the tendering process of contractors that talk...

Purpose Several researchers in the construction industry have mentioned that quality of tender documents is declining without tangibly assessing quality. Similarly, in practice, no standardised instrument exists to assess tender document quality. Therefore, the aim of this paper was to develop a...