According to Assis Pontes, area principal for Pam Golding Properties (PGP), Lephalale (Ellisras), some 138km north of Thabazimbi, is generally considered the fastest growing node in Africa. A new 309-hectare industrial park strategically positioned in an industrial corridor situated between the new Medupi and existing Matimba Power Stations and near Grootgeluk coalmine in Lephalale is being marketed by PGP's Ellisras office.
Building contractors continued to face difficult conditions during 4Q2010. However, the increase in the FNB/BER Building Confidence Index signals early stirrings in parts of the building industry, with a possible broader recovery in building activity from later in 2011 onwards.
The listed property sector fared particularly well overall amongst South Africa's top 100 companies, with nearly 15% of companies performing in the top 50 for 'profit after tax' and 'growth over 10 years'.
A renewable waste to energy gasification plant, located in Honeydew, Johannesburg, is the result of many years of research and development by renewable energy company, EECOFuels and presents organisations in both the public and private sectors with a robust, economical and safe way of generating electricity from renewable resources, including solid waste.
Opening in April 2011, the brand new Long Beach Hotel on Mauritius' east coast, on the Belle Mare Peninsula, is situated right where a powerful urban feel meets the ultimate in ocean, beach and indulgence.
Westwood Shopping Centre in KwaZulu-Natal and Goldfields Mall, a new shopping centre in Welkom in the Free State, have both outsourced their complete property management requirements to property management company Broll Property Group. This includes the management of all operations, admin processes, rent collection, statement generation, leasing and facilities management.
BARCELONA, SPAIN/JOHANNESBURG, SA: Soccer City, designed by Boogertman+Partners, has won the 'World's Best Sport Building' award at the World Architecture Festival Awards (WAF Awards) 2010, which were held earlier this month in Barcelona, Spain. This not SA's first win in these awards, however...
Following a successful second round of fundraising for Africa's green economy, held 4 November 2010, the African Carbon Asset Development Facility (ACAD) announced seven green financing projects. It convened the African Bankers' Carbon Finance and Investment Forum in association with the UNEP Finance Initiative (UNEP FI) and the Development Bank of Southern Africa (DBSA).
According to the latest FNB figures, the household sector credit growth continues acceleration, but there is no improvement in mortgage growth. September's mortgage growth remained unchanged at 4.8% year-on-year and the overall household sector credit growth continued its acceleration from 5.6% to 6.3% year-on-year.
The Davenport Square Shopping Centre in Glenwood, Durban, will complete its R21 million revamp by April 2011. The initial stages will cover tiling, painting and lighting of the interior mall, with changes to several shop fronts to improve the overall aesthetics of the centre.
FNB released the latest statistics on the building industry yesterday 20 October 2010 for the period up to 31 August 2010.
LONDON, UK: PwC research finds that industries such as the outsourcing market could help alleviate potential combined public and private sector job losses due to public sector spending cuts and that public sector spending cuts could reduce private sector gross output by around £46 billion (about R500 billion) per annum by 2014/15.