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.
Investing >>
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.
Companies >>
Delta Property Fund's new CEO dishes out maiden results
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 >>
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 >>
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 >>
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.
Infrastructure >>
Public Works resolving Eskom municipal debt
The Department of Public Works and Infrastructure (DPWI) has begun reconciling and verifying debt owed to Eskom by the country’s 257 municipalities.
International News >>
How advanced data analytics is boosting shopping centre performance
Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop with WiFi – to stay relevant and profitable.