Eskom CEO Andrè de Ruyter says we hope to sign the land lease agreements with the successful bidders by August

Eskom to lease land for Renewable Energy Projects

In a bid to reduce power cuts, South Africa’s power utility, Eskom Holdings on Thursday said that it selected 18 companies to lease land for the development of renewable energy projects.

Johannesburg has the potential to unleash endless opportunities for efficiency, growth and employment in the city.

Joburg aims to diversify its nighttime economy and become a 24-hour city

Investing >>

During the 2020 hard lockdown period, FNB saw the average retail property capital value per square metre decline by -7.41%, using MSCI data, before resuming low positive growth of +1.54% (MSCI data) in 2021.

Retail Property Market – From Covid-19 Risk to Stagflation Risk

The multi-year retail property market correction appears likely to continue during FNB’s economic forecast period.

The new boss of SA’s black-managed and substantially black-owned REIT, Delta Property Fund, today dished out record financial results for the year ended February 2022, emerging as a turn-around story.

Gauteng >>

The Radisson Red hotel is conveniently situated at Oxford Parks in Rosebank.

Rosebank's Radisson Red Hotel achieves a 5-Star Green Star rating

The Radisson Red Hotel at Oxford Parks has achieved a 5-Star Green Star Custom Hotel v1 certification, making it the fourth only project to be certified under this tool.

Western Cape >>

Architectural rendering of the Takealot distribution centre in Richmond-Park, Cape Town.

Takealot takes occupation on its new flagship collection facility in Cape Town

Takealot, South Africa's online retail giant, recently opened its flagship collection facility situated at Richmond Park — a brand-new multi-billion rand mixed-use development in Cape Town.

KwaZulu-Natal >>

The State of the Commercial Property post the July unrest and recent Floods in KZN

Over the last couple of months, the commercial property sector has experienced challenges that posed threats to recovery following lockdowns in 2020 and 2021.

Mpumalanga >>

R7bn to boost Industrialization in Mpumalanga’s Nkomazi

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large.

Economy >>

South Africa’s credit outlook upgraded by S&P

Standard & Poor’s (S&P) upgraded its outlook on South Africa’s credit rating to positive from stable while affirming the long-term foreign and local currency debt ratings at ‘BB-’ and ‘BB’, respectively.

Construction & infrastructure >>

The former SizweNtsalubaGobodo partner, Felicia Msiza has been appointed the new chief executive officer of infrastructure development firm Raubex.

Construction development group Raubex responds to Transformation calls

Raubex (JSE: RBX), South Africa’s infrastructure development, and construction materials group has responded to transformation calls by appointing Felicia Msiza as its new CEO.