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Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported sound results for the financial year ended 28 February 2017, declaring a dividend of 97.24 cents per share, up 7,1% on the prior financial year and in line with the Group’s growth forecast.
The International Monetary Fund (IMF) has raised South Africa’s growth forecast to 1% this year.
Real estate consulting firm, JLL SSA, has released its 2016 Investment Review of the South African property market with analysis reporting a R28.8bn increase in investment (from 18,5bn in 2015), and a similar 52.8% increase in gross lettable area (2 million square metres).
Consulting Engineers South Africa (CESA) and the National Treasury is hosting a seminar from 28 February to 01 March 2017 at Birchwood Hotel & OR Tambo Conference Centre.
South Africans can expect growth of 1.3% in 2017, which is expected to improve moderately to over 2% in the medium term, Finance Minister Pravin Gordhan said on Wednesday.
Department of Public Works starts renegotiating its leases with PIC as part of the government's drive to effect R25bn in savings over the medium term.
The National Treasury has welcomed the decision by ratings agency Standard and Poor (S&P) not to downgrade South Africa.
SOUTH Africans spend more time in the traffic commuting than their counterparts in 22 similar countries – and when taken into account the country’s poorest citizens typically live on the fringes due to the legacy of spatial fragmentation – the impact of the transport challenges are most significantly felt by those least able to afford them.
Government is considering introducing a new long-term multiple-entry visa to boost tourism.
Government is working hard to promote greater private sector investment in a range of sectors.