Monday, 30 March 2009 02:00

For sale: beachfront town, suits ghosts

Two entire towns on a remote stretch of South African coast littered with shipwrecks, diamonds and mine dumps are up for sale.

SUNGATE is the first-of-its-kind mixed-use development, situated on 408ha of prime real estate directly adjacent to the Hosea Kutako International Airport, Windhoek, Namibia.

Wednesday, 11 February 2009 02:00

Regional cement sales down

Cement sales in January in southern Africa were down 4.7% year-on-year to 935,913 tons from 982,424 tons at the same time a year ago, data from the Cement and Concrete Institute showed on Tuesday.

Construction IndustryThe institute noted that January 2009 had one less sales day than January 2008.

"If the decrease in sales days is taken into account, total regional sales were only 0.2% lower than January 2008," it said.

Regional sales are down 4.7% at 935,913 million tons on a year-to-date basis in 2009.

The moving annual total in southern Africa was down 4.0% year-on-year in January to 14.7 million tons.

Exports to other countries excluding Swaziland, Botswana, Lesotho and Namibia rose by 376.5% to 31,986 tons – up 376.5% on a year-to-date basis.

 

SUNGATE is a mixed-use development situated on 408ha of prime real estate directly adjacent to the Hosea Kutako International Airport, Windhoek, Namibia

Hospitality in Namibia is set to get a new vibrant and sophisticated asset: the six-star boutique African Pride Eliakim Namundjebo Plaza Hotel

Wednesday, 14 January 2009 02:00

Regional cement sales up

Cement sales in southern Africa were up 0.8% year-on-year (y/y) in December to 921,570 million tons, data from the Cement and Concrete Institute showed on Tuesday.

The institute noted that December 2008 had two more sales days than the same month last year, and if the increase is taken into account, total regional sales were 9.3% lower than in December 2007.

Regional sales are down 3.9% at 14.719 million tons on a year-to-date basis.

The moving annual total in southern Africa was down 3.9% y/y in December to 14.7 million tons.

Exports to other countries excluding Swaziland, Botswana, Lesotho and Namibia rose by 158.1% to 18,385 tons, bringing total exports sales since the beginning of the year to 153,065 tons - down 28.2% on a year-to-date basis                                                        

Construction Industry

In the first and largest development of its kind in Namibia, Windhoek will soon have its own mixed use precinct – with retail, residential, hotel, entertainment and offices all interlinking in a single vibrant location.

Madison Property Fund Managers have reported an interim distribution of 39 cents per linked unit for the period to 30 June 2008, representing an 8.3% increase from the prior interim distribution period

Tuesday, 12 February 2008 02:00

SA cement sales up 5.8%

The moving annual total of cement sales in South Africa increased 5.8% year-on-year (y/y) in January 2008 from the 7.4% y/y increase reported in December, according to Cement and Concrete Institute (CNCI) data released on Monday.

At the end of January 2008, cement sales were reported up to 15.290 million tons from the 14.448 million tons reported a year earlier.

Construction IndustryTotal sales in January, however, amounted to 982,424 tons from 1.008 million tons in January 2007, a decrease of 2.5%.

Exports of cement in January decreased 79.7% to 6,713 tons from 33,430 tons a year earlier.

Sales to Botswana, Swaziland, Lesotho and Namibia amounted to 1.191 million tons of the total sales in January, up from 1.030 million tons a year earlier.

Cement sales in South Africa grew 6.6% in 2007 to a record 14.1 million tons. This followed an 11.0% rise in 2006, an 11.6% gain in 2005, a 17.4% surge in 2004 and a 7.0% climb in 2003.

The 2010 soccer World Cup stadia, some new dams and the Gautrain project have been adding to cement demand.

 

Cross border property transactions have been identified as the next wave of opportunity for property companies, and internationally, organisations have been gearing themselves up to create shareholder value and diversification away from their traditional hunting grounds

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