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From 2000 to 2008 Nairobi’s added 72 000 square meters of retail real estate to East Africa’s largest commercial hub.
While the South African business sector is faced with many challenges, particularly as a result of uncertainty around the future leadership of the ANC, there is significant opportunity for growth sectors of the local industry during 2018.
There’s nothing quite like the healing power of nature when it comes to relaxation.
Equity Express Securities Exchange (EESE) today launched operations with the listing of Ukhamba Holdings Proprietary Limited, the broad-based black economic empowered partner of Imperial Holdings Limited. Ukhamba has a market capitalisation of R 340 million.
With much still riding on the outcome of the ANC elective conference later this month (16-20 December 2017) which, coupled with the Budget Speech in February next year (2018), will impact on business and consumer confidence and market sentiment in general.
This year has seen a number of severe catastrophes take place across South Africa: the devastating Knysna fires in June and the storms that lashed both Gauteng and Durban in October.
In a groundbreaking real estate transaction, Barloworld, Atterbury and African Rainbow Capital have partnered as co-investors in the redevelopment of the prime Barlow Park Campus, situated at 180 Katherine Street, Sandton.
South African consumers took to the shopping centres around the country to maximise on the Black Friday deals on offer hosted by retailers representing all categories from toys to electronics.
South Africa’s largest self storage property fund, JSE REIT Stor-Age, has continued on its acquisition trail and has entered into a R95-million transaction for the development and subsequent acquisition of a new property in Craighall, Johannesburg.
South Africa is facing severe economic headwinds and many companies are hesitant to move into bigger spaces even if they need them.