THE North West government yesterday unveiled an economic development initiative based on the example of Gauteng's Blue IQ, and aimed at boosting the province's growth to 8% a year.

REACTION to the six-month results ending December 31, 2003 from Spearhead Property Holdings has been excellent and the company is now increasingly seen as being in the "category of real performers on the JSE Securities Exchange", says Mike Flax, CEO of Spearhead.

Over the past three years the South African listed property sector has grown in market capitalisation from R8.7 billion to almost R25 billion.

March 5, 2004 Growthpoint Properties Limited, South Africa's largest listed property loan stock company, announced an interim distribution of 33.5 cents per linked unit for its six-month period ended December 31.

Growthpoint Properties Limited, South Africa's largest listed property loan stock company, announced an interim distribution of 33,5 cents per linked unit for its six-month period ended 31 December 2003 representing a 4.7% increase in distribution over the comparable six-month period in 2002.

The R5 billion merger of Growthpoint Properties Limited and Primegro Properties Limited has been selected as one of the top 10 deals of the year by David Gleason’s DealMakers.

Profits and distribution up

Spearhead proves it claim to be top performer in property loan stock sector

Hyprop 'signifigantly' higher.

South Africa, hoping to copy the miracle that created Asia's tiger economies, is building a multibillion-rand duty-free industrial park, the first in a series aimed at boosting economic growth.