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
"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
On 21 March 2018, Hotel Verde Zanzibar - Azam Luxury Resort & Spa will open its doors to guests for the first time...
6 Mar 2018
Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors...
1 Apr 2015
JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.
Joan Muller 20 May 2014
Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.
8 May 2014
Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.
29 Nov 2013
Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.
Zeenat Moorad 30 Sep 2013
Auditing firm PwC on Thursday (13 June) projected total room revenue in SA would grow at a compound annual rate of 9.2% between now and 2017 after overall spending on rooms in all categories rose by 13.4% in 2012 to R15.2bn‚ reflecting an increase in stay-unit nights and a 5.3% rise in the average room rate.
Helmo Preuss 14 Jun 2013
The Billion Group, a property developer that is also the asset manager of JSE-listed Rebosis Property Fund, has several significant developments underway in SA, and is simultaneously targeting retail developments on the rest of the continent, which may eventually be listed separately.
Nick Hedley 11 Jun 2013