#MandelaMonth

Africa's hotel market proves resilient in latest PwC findings

The hotel industry's potential for business growth has been reflected in the increase in the number of foreign and domestic travellers visiting the continent, as well as in the number of hotel chains established...

5 Jul 2018

THINC Africa 2018 a boost in African tourism

"There's a consistently negative stigma around travelling in Africa which has been snowballing for years. We need to position ourselves correctly and draw attention to the positive experiences that can be had here."

3 Jul 2018

Hotel Verde Zanzibar opens doors to guests, promotes responsible tourism

On 21 March 2018, Hotel Verde Zanzibar - Azam Luxury Resort & Spa will open its doors to guests for the first time...

6 Mar 2018

#BizTrends2018: The new rules of retail

If you're searching for proof that retail as we know it is changing, look no further than Shanghai's 24-hour, unstaffed, self-driving grocery store...

By Lauren Hartzenberg 29 Jan 2018

Setting up shop in Africa presents challenges

Although there are untapped opportunities in the sub-Saharan African real estate markets, retailers face many challenges to setting up shops in some countries...

31 Aug 2017

IHG opens Holiday Inn in Mutare, Zimbabwe

IHG has announced the opening of its new Holiday Inn in Mutare, Zimbabwe. Located in the heart of the city centre with significant business activity across the forestry, citrus farming, and mining industries, the hotel...

4 Jul 2017

Deal to create Africa's largest classifieds group

Ringier Africa and One Africa Media (OAM) have agreed to merge their pan-African Classifieds assets to create and grow Africa's largest classifieds group...

Issued by Private Property 11 May 2016

Retail, consumer confidence remains positive: Capco

Capital & Counties Properties (Capco) provides a rosy forecast, saying the outlook for retail and consumer confidence remains positive...

30 Jul 2015

Metro sells Kaufhof stores to Hudson's Bay for USD3.2bn

FRANKFURT: German retail and distribution giant Metro said Monday it has agreed to sell its Kaufhof department store chain to Canadian group Hudson's Bay for 2.825 billion euros ($3.2 billion)...

17 Jun 2015

Delta International expands Mauritius Stock Exchange listings

Delta International, the first Africa-dedicated property fund listed on the JSE's AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its growth across Morocco and Mozambique...

By Alistair Anderson 9 Apr 2015

African real estate attracts increased foreign investment

Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors...

1 Apr 2015

RICS examines future vision for African real estate

A key takeout at the RICS (Royal Institution of Chartered Surveyors) Africa 2015 Summit in Johannesburg last week is that Africa is taking its place on the world stage in terms of real estate, infrastructure and construction...

30 Mar 2015

UK-based Tradehold growing foothold in Africa

UK-based property and financial services group Tradehold said on Monday that work had started on its R480-million regional shopping centre, located in the harbour town of Walvis Bay, Namibia...

24 Mar 2015

Affluent Africa drives demand for property

The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world...

11 Feb 2015

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