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The International Monetary Fund (IMF) has raised South Africa’s growth forecast to 1% this year.
Statistics South Africa (Stats SA) has set itself a goal of modernising the collection of statistics, while also fine tuning trade statistics.
Real estate consulting firm, JLL SSA, has released its 2016 Investment Review of the South African property market with analysis reporting a R28.8bn increase in investment (from 18,5bn in 2015), and a similar 52.8% increase in gross lettable area (2 million square metres).
It was an evening of glitz, glamour and achievement as the 2016 Certificate of Shopping Centre Management (CSCM) and Advanced Certificate of Shopping Centre Leadership (ACSCL) students gathered to celebrate their success at the CSIR International Convention Centre in Pretoria recently.
The Reserve Bank has decided to keep the repo rate unchanged at 7% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.
JSE listed Echo Polska Properties (EPP) - the leading Polish property group - today released maiden annual results for the period to December 2016 ahead of forecast, with distributions of 3,14 euro cents a share for the period 1 September to 31 December 2016 beating the pre-listing forecast by 2,2%.
South Africa’s gross domestic product (GDP) contracted by 0.3% in the fourth quarter of 2016, Statistics South Africa said on Tuesday.
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.
International real estate advisor Savills has today (14 February 2017) announced that its existing associates in South Africa, Pam Golding Properties and 5th Avenue Africa, have joined forces to create a new venture.
While economic growth is expected to be mildly better in 2017, this is not yet expected to be enough to turn Real Household Disposable Income growth positive on a per capital basis.