The South African division of leading independent global real estate consultancy, Knight Frank, has appointed John Jack as the new Chief Executive Officer.

Global retailers had been coming in to South Africa to look at what pushed the world's biggest retailer into spending $2.4 billion for control of South Africa's Massmart

Knight Frank, a global property company with 209 offices in 47 countries across six continents handling in excess of US$755 billion worth of commercial, agricultural and residential real estate transactions annually, has launched Knight Frank Commercial in SA

Combining SA and local interest, Gateway regional shopping centre in Lilongwe, Malawi – the largest ever in the country – is moving rapidly to completion

Construction would take 18 months and the development would see traffic diverted into three streams, one each for light vehicles, pedestrians and buses and trucks

Construction Group Raubex Group has pointed to a secured order book of R4.7bn to help see the group through continued challenging trading conditions in the short-term.

Raubex has reported headline earnings per share up 11% to 323.8c for the year ended February 28, 2010 from 291.7c previously.

JSE-listed construction firm Group Five continues to be dogged by contract problems outside SA, forcing it to stop work worth millions of rand.

Group Five is to revisit its level of over-border work as a result of the SA Government's infrastructure budget, says Mike Lomas, the company's CEO