Despite the headwinds facing the world economy, the global construction sector entered 2019 with significant momentum, having seen growth of five percent in 2018.

The UK Department for International Trade (DIT) has appointed professional services company, Turner & Townsend, as partner of choice in leading their UK-China Initiative in Africa.

The geopolitical landscape is a treacherous one, with many global economic powerhouses being exposed to a variety of risks seemingly around every corner.

According to the report, a few commercial buildings were completed in the first half of 2018, increasing the total office supply to about 1.74 million sq m of Gross Leasable Area (GLA).

We expect reasonable growth from global markets this year but within a more volatile environment. We do, however, expect that these headwinds will eventually slow global activity, likely causing growth around the world to disappoint in late 2019 and early 2020.

The Middle East is weak. Europe, Hong Kong, Macau and Canada continue to experience strong price rises. But China, Russia, Japan, and most of the Middle East are experiencing either house price falls - or a sharp deceleration of house price rises

Thursday, 20 October 2016 13:50

Karl Lagerfeld checks into the hotel business

Fashion icon Karl Lagerfeld announces he plans to launch his own branded hotel chain, with the first property set to open in the Chinese gambling hub of Macau in 2018.

Wednesday, 31 August 2016 14:38

Sod turning ceremony to mark R11bn investment

The Coega Development Corporation (CDC) on Tuesday hosted a sod turning ceremony to mark the R11 billion investment by the Beijing Automobile International Corporation (BAIC) at the Coega Industrial Development Zone.

Chinese property and entertainment giant Wanda Group will buy at least three more sports companies this year.

Real gross domestic expenditure gains momentum on the back of households consumption, while both household debt-to-disposable income and debt-service cost ratios inched higher in the first quarter of 2015.

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