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AUSTRALIA

Amazon drives a fifth city-shaping retail revolution

As possibly the world's oldest economic activity, retailing didn't venture away from the traditional street, with its congestion, grime and weather exposure, until about 1800...

By Paul Drechsler 26 Jan 2018

SOUTH AFRICA

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

SOUTH AFRICA

Redefine gets into Australian property market

In a partnership deal with ASX-listed company, Cromwell Property Group, Redefine Properties has completed its maiden direct offshore property acquisition, obtaining a 50% share in Northpoint Tower located in North Sydney, Australia. The purchase consideration is AU $279m, which approximates an 8% income yield.

23 Dec 2013

SOUTH AFRICA

Growthpoint distribution up 7.2% to 149c

Listed property company Growthpoint Properties on Wednesday (28 August) reported 7.2% distribution growth to 149c per share for the year to June.

By Nick Hedley 29 Aug 2013