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Leading SA REIT Growthpoint Properties has commenced its multi-million Rand development of a new head office for Exxaro, one of the largest and foremost empowered South African-based diversified resources companies.
Dr Andrew Dittberner, Chief Investment Officer, Cannon Asset Managers, warns of the danger of confusing “Big” with “Great”.
Independent power producers are lobbying the government to allow them to build the country’s next coal-fired power station after Kusile.
South African power utility Eskom has moved to allay fears that its Medupi power station was likely to be delayed by two years.
Building materials supplier, Afrimat, has reported a 25.7% rise in diluted headline earnings per share to 50.9c for the year ended February 2010 from 40.5c a year ago.