South African Commercial Property, Buy Sell or Rent Commercial Property in South Africa
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Aug 21, 2008: June build plans passed down 24,5%
The value of South African recorded building plans passed at constant 2000 prices in June decreased by 24,5% year-on-year (y/y) from a revised decrease of 35,5% (36,2%) in May, Statistics South Africa (Stats SA) data on Wednesday showed.
N...
Aug 11, 2008: Cement sales down 0,7% y/y
Cement sales in Southern Africa fell 0,7% year-on-year (y/y) in July to 1,368m tons from a 1,9% y/y fall in June, data from the Cement and Concrete Institute showed on Friday.
The institute noted that July 2008 sales had one more sales day...
Aug 11, 2008: Rising building costs cramp profits
Drastic increases in building materials have affected developers' profits, with some planned developments having to be scrapped and the future of others hanging in the balance.
And those planning to build their own homes have either had to incr...
