Gerhard Kotzé, MD of the RealNet estate agency group, says that while the real estate sector is currently performing very well in spite of the major contraction in the economy this year.

Berry Everitt, CEO of the Chas Everitt International property group, says the most positive news to emerge from the Medium-Term Budget Policy Statement delivered by Finance Minister Tito Mboweni today is that the economy is expected to “rebound” in the final quarter of 2020, and return to positive growth next year of 3,3%, following an expected decline of 7,8% this year.

Those in the business community have shown significant interest in the Government's plans to revive the economy in the wake of the Covid-19 pandemic and its negative impact economically.

The Dube TradePort in Durban will formally become a special economic zone.

Monday, 09 June 2014 15:33

Hotel business booming in Lagos

Tsogo Sun is South Africa's biggest hotel group, but it is its hotel in Lagos, the Southern Sun Ikoyi, that lays claim to the second-highest average room rate in the group, trailing only a boutique hotel in Seychelles.

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