Not enough pull industrial development
Without incentives to attract foreign investors, Coega, SA’s premier industrial development zone, may never realise its full potential.
Castellano-Beltrame factory fetches R12.2m
A winning bid of R12.2m brought the hammer down on the old Castellano-Beltrame factory in Woodbrook, East London at an auction this week.
R29m EL estate up for sale
One of East London’s most expensive properties ever to go on sale is on the market for a cool R29million.
Two retail centres go under hammer
The Eastern Cape saw its biggest ever auctions recently when two shopping centres, one in East London and the other in Port Elizabeth, went under the Auction Alliance hammer
OR tambo's R17bn facelift
About 90% of the R17 billion upgrading at the OR Tambo International Airport for the 2010 Fifa World Cup has been completed.
Developer turns to US to sell upmarket flats
The developer of the upmarket Furstenburg Grand in Nahoon has turned to overseas investors after failing to sell dozens of flats in the pricey development.
R753m earmarked for Cape rail links
Transnet will spend R753m on railways in the Eastern Cape over the next five years.
EL port in need of rescue plan
The future of East London’s harbour is in doubt and business has been challenged to put forward a plan to rescue it.
residential rental index rises despite pressures
The Trafalgar residential rental index rose by 11,2% in the year to June despite signs of SA’s residential tenants coming under increasing financial But most of that happened last year.
Maintaining stadia after 2010 will be important
As South Africans we are very proud to be hosting the 2010 Soccer World Cup, and much work is going into creating world class stadia, either new or refurbished, in which to host matches.
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