Worrying moments ahead as Rebosis Property Fund goes into business rescue

There is still no respite for commercial property landlords as one of South Africa’s Real estate investment trusts, Rebosis Property Fund, which owns Baywest Mall in Gqeberha and East London's Hemingways Mall, went into business rescue.

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.

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.


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