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The FNB/BER Building Confidence Index improved for the third consecutive quarter, rising by 3 points to 43 in 1Q2017.

Wednesday, 22 March 2017 11:16

How to dodge a downturn

In times of weak economic growth, companies need to be that much smarter to survive and thrive.

Estimated 1st time buyer percentage sees a rise for the 2nd successive quarter.

Property Finance at Nedbank Corporate and Investment Banking (CIB) delivered another year of  strong performance,  making a significant contribution to the annual results of both CIB and Nedbank Group as a whole in 2016.

Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced sound interim results, declaring an interim dividend of 47,95 cents per share.

The first month of 2017 saw the value of outstanding credit balances in the South African household sector rising by a much subdued 0,6% year-on-year (y/y) to R1 494,2 billion, after growth of 0,7% y/y at end-2016.

Growthpoint Properties Limited today reported distribution growth of 6.1% for its six-month interim period to 31 December 2016, delivering performance comfortably in line with market guidance.

Africa’s cities need to brace themselves for millions more people over the next few decades with the continent having one of the fastest urbanisation rates in the world.

The raising of the threshold for transfer duty on properties sold for less than R900 000, up from R750 000, as announced in today’s National Budget, is positive news as it provides some relief for first time home buyers, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

South Africans can expect growth of 1.3% in 2017, which is expected to improve moderately to over 2% in the medium term, Finance Minister Pravin Gordhan said on Wednesday.

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