While elections are just days away, the rand has remained relatively unresponsive to local elements ranging from politics to economic data.

Growth in the value of outstanding credit balances in the South African household sector.

Fortress REIT, the JSE-listed diversified property group, says the first phase of its White River Crossing development, a state-of-the-art retail and leisure centre near the Kruger National Park is nearing completion and is on course for its scheduled opening on 22 August 2019.

Kenya’s expanding economy has spurred the growth of its logistics property market with the economic hub of Nairobi experiencing a 15% year-on-year increase in new warehousing supply, Broll Property Intel’s latest Kenya Logistics Snapshot Report reveals.

It is nearly universally accepted that good infrastructure has significant benefits for the economy and peoples’ quality of life. Kenya currently has a predicted annual infrastructure spend of US$6.5bn a year by 2030.

It is nearly universally accepted that good infrastructure has significant benefits for the economy and peoples’ quality of life. South Africa currently has a predicted annual infrastructure spend of US$50bn a year by 2030.

The Monetary Policy Committee (MPC) of the Reserve Bank has once again decided to leave South Africa’s repo rate unchanged at 6,75% and prime interest rate the same at 10,25%.

4th Quarter 2018 SARB New Mortgage Lending data, released in the March SARB Quarterly Bulletin, showed a further year-on-year decline in the Value of New Mortgage Loans Granted, but it was a decline of a lesser magnitude than that of the prior quarter.

In the week ahead, the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will meet to deliberate on interest rates from the 26-28 March, and FNB expects it to leave its policy Repo Rate unchanged at 6.75%.

Fortress REIT Limited, the diversified property group, is preparing to welcome Makro as the first tenant in its 28 hectare Cornubia Ridge Logistics Park, which is strategically located close to Durban’s thriving business and residential hub of Umhlanga as well as King Shaka International Airport and the Dube TradePort.