Spiralling electricity costs and the escalating energy crisis have fuelled a fast-growing trend towards energy-efficiency and green building principles during the past decade, but ecological awareness could prove a costly exercise for Cape home-owners who fail to comply with new regulations.

Tuesday, 04 September 2018 17:29

Downgrade risk returns as SA enters recession

Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.

SAPOA is concerned over the lack of feedback from the City of Johannesburg on the latest General Valuation (GV) Process.

Perceptions about the property market improved in the third quarter.

The payback period on commercial solar photovoltaic (PV) systems has decreased substantially and many companies can now expect solar panel installations to pay for themselves within five years or less. 

Growthpoint Properties today launched the first and only property portfolio in South Africa to be highly rated by both the South African Property Owners Association (SAPOA) and the Green Building Council South Africa (GBCSA), aptly named the Thrive Portfolio.

The latest ruling by the Constitutional Court, allowing Eskom to retrospectively ask the National Energy Regulator of SA (Nersa) to claw back additional tariffs from consumers could lead to further hikes in the price of electricity for South Africans.

Two key infrastructure projects – a 288 unit residential facility and the complete rebuild of the electricity substation – have been completed at the University of Zululand’s main KwaDlangezwa Campus.

JSE listed Balwin Properties has partnered with SolarAfrica to introduce solar energy to its upmarket developments.

Hyprop Investment Limited’s Gauteng-based regional shopping centre, Clearwater Mall, has added additional solar photovoltaic (PV) to their roof.

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