Africa, International Property News (1216)
Good tenants are so rare these days.
South African banking group First National Bank (FNB) - part of Firstrand (FSR) - is to establish a banking operation in Lesotho.
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An investment guru derided for predicting the dotcom bubble would burst cast his gaze on the property market this week and said British house prices were set for a crash…
Nedcor and Old Mutual were negotiating a merger between their investment in Zimbabwe, the Merchant Bank of Central Africa (MBCA), and Trust Holdings, the shareholder of Zimbabwe's Trust Bank Corporation,…
Chinese real estate developers have been pouring money into new investments at a frantic pace.
Eskom, the state-owned electricity firm, has expressed an interest in bidding for a stake in the Lesotho Electricity Company (LEC).
Game Stores, which is owned by Massmart, this year will open two new outlets outside South Africa, bringing its stores in other African countries to eight.
International banks are starting to compete for a slice of the growing African commercial banking market
Nairobi - An international conference aimed at attracting foreign capital to Kenya has wrapped up with investors pledging to set up projects in the country, government ministers said.
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Multi-million dollar oil and forestry plans could be thrown into doubt if Canada's Supreme Court rules in favour of native peoples in a dispute over the use of their ancestral…
Fortunes are being invested in emerging property markets, but SA is far behind
Luanda - Investment in Angola's non-oil and diamond sectors more than tripled to $185 million (R1.2 billion) last year and looked set to keep growing, the manager of the country's…
IFA, Kersaf Investments Group and Sun International announced at the weekend that they had signed an agreement to develop billion-dollar resorts in Dubai, Zanzibar and South Africa
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The Democratic Republic of Congo will invite tenders worth $270-million in April, kicking off a massive donor-funded programme to rebuild its war-shattered infrastructure, officials said on Friday.
Last year, Jones Lang LaSalle, the global real estate services company, signed a five-year agreement to manage all 13.8 million square feet of corporate real estate owned or leased by…
There is not a TV program, newspaper, magazine or business discussion these days that does not involve the topic of jobs.
Listed company Quyn Holdings has won an interim interdict against the CEO of one of its wholly-owned subsidiaries, Colliers Developments. It was alleged that he tried to scupper a $50m…
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Dubai aspires to construct more, higher and faster
The Industrial Development Corporation, the prime governmental agent for development of the economy, is taking the unfolding oil and gas exploration and production scenario along the West Coast of Africa…
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