Reports abound of more and more South African companies doing business in Africa, but why are they not investing that money locally, are there challenges to making development work locally? Looking back over the last few quarters some disturbing stories have emerged.

Property group Rockcastle declares its maiden cash dividend at 4.56 USc per share for the nine months to December 2012.

A ground breaking multimillion rand venture known as the Newmarket Park Development is set to change the Alberton CBD with the belief that it will bring even more development to this growing area. 

Growthpoint Properties, South Africa’s largest JSE listed property company, has become one of only 12 companies included on the JSE 100 Carbon Disclosure Leadership Index (CDLI) after boosting its Carbon Disclosure Project score from 83% in 2011 to 95% in 2012.

Redefine Properties has been included on the JSE Socially Responsible Investment (SRI) Index for the first time. In doing so, Redefine has become one of only 76 South African companies on this index, which sets a benchmark for corporate sustainability management and disclosure.

DELTA Property Fund CEO Sandile Nomvete says the cloud hanging over state leases needs to be resolved as it makes it difficult for black empowered companies to get new leases.

Listed property unit trust Sycom Property Fund said it "accepted" the JSE’s censure regarding three general issues for cash in 2010 and 2012, for which Sycom did not obtain unitholder approval, and said it did not believe it would be in the interests of unitholders to take the matter further.