The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.
By Joan Muller 5 Oct 2013 07:55
Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.
By Joan Muller 16 Sep 2013 06:25
Retailer Edcon said on Thursday (22 August) that retail sales increased 3.2% to R6.205bn in the first quarter of the current financial year.
23 Aug 2013 10:07
The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
1 Aug 2013 09:45
The biggest barrier to implementing regional infrastructure projects in Africa are the countries themselves, the Infrastructure Africa conference heard in Sandton on Tuesday (16 July).
18 Jul 2013 09:48
Public Enterprises Minister Malusi Gigaba has called for greater scrutiny of funding that comes from Brics countries such as China when it comes to infrastructure investment in Africa.
By Nicky Smith 17 Jul 2013 13:01
BSI Steel's headline earnings per share plummeted 51% in the year ended March 31 amid declining steel consumption in the South African market.
By Mark Allix 18 Jun 2013 07:14
With limited opportunities for expansion in SA, a slew of hospitality companies are eyeing the rest of the continent, for future growth as there is an under-supply of quality hotels and upbeat economic prospects.
By Zeenat Moorad 10 Jun 2013 11:39
Private investors smell profit in beefing-up the continent's over-stretched power grids and swarms of new wind turbines are soon expected to start going up.
28 May 2013 10:49
Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).
By Mariam Isa 28 May 2013 10:31
The R12bn phase two of the Lesotho Highlands Water Project (LHWP), which will secure a continued supply of water for SA and hydroelectric power for Lesotho, was approved in principle by the two countries this week.
By Linda Ensor 17 May 2013 12:29
Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten.
16 May 2013 08:38
Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).
17 Apr 2013 09:47
The world's second-largest brewer‚ SABMiller (SAB) will begin construction of its planned 260‚000 hectolitre brewery in Namibia next month‚ the company said on Wednesday (6 March).
By Zeenat Moorad 7 Mar 2013 07:52
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