Commercial banks First National Bank (FNB), Nedbank, Standard Bank as well as Absa have all announced they will cut their prime lending rates by 0.5% from 10.5% to 10%. This follows ...
Property company Hyprop Investments (HYP) announced Wednesday that Redefine has entered into an agreement to acquire an additional 19,687m Hyprop units from Coronation Asset Manageme...
The accountancy profession is increasingly hamstrung by problems at the Companies and Intellectual Property Registration Office (Cipro). Madelein Burger-van der Walt, a partner at le...
Separate zoning schemes to be replaced with one covering entire city. The decision by the Planning and Building Management Department of the Cape Town City Council to replace the cit...
Heineken and Diageo have concluded talks with a South African investor to build a R500m to R550m barley-malting facility at its brewery in South Africa. The facility is part of the t...
An exciting new hotel and office development is nearing completion.Over the past few months, Fourways residents have watched with interest as The Pivot development has sprung up in t...
Petrol prices could be hiked at the end of March by at least 50c/litre. The country's daily unleaded petrol price has averaged an under-recovery of 24.3c/litre so far this month, acc...
Has launched 23,000sqm high-end mini- and midi- units in Meadowdale at the landmark Growthpoint Industrial Estate. Growthpoint Properties (JSE:GRT) Limited, South Africa's largest li...
Seventy seven percent of South Africans with internet access are shopping online, according to a survey released by Mastercard Worldwide on Tuesday. Music and movies top the list of ...
Cash-strapped consumers who fear the fury of next month's 24.8 percent electricity increase will also have to brace themselves for a hefty hike at the petrol pumps on 7 April. Financ...
Owners of bed and breakfasts are gearing up for a potential double boost to their business from football's biggest sporting event to be held in South Africa in just 82 days. Although...
Cape Town has promised that the stench often hanging over Mouille Point will be gone before the World Cup. Residents have complained about the smell coming from the Green Point marin...
Diamond miner De Beers Consolidated Mines (DBCM) is to dispose of its Jagersfontein Diamond Property in the Free State, the company said late Thursday. The mine operated from 1870 to...
Defying expectations workers are back on site racing to get the hotel ready for the World Cup. Wessel Witthuhn, president - Africa & Indian Ocean for IFA Hotels & Resorts is ...
Last week prospective buyers were falling over their feet in crammed halls to bid for hotel assets put under the hammer by Auction Alliance. At an auction held at the new Crystal Tow...
Internet service provider company MWEB announced the launch of SA's cheapest uncapped ADSL connections on Thursday. Packages start at R219 for home, and R349 for business customers. ...
This month Woolworths is launching a new, more affordable product range, Woolworths Essentials, to help lift its sales figures. By May there should be more than 200 product lines - f...
Sandton-based investment bank and asset manager Investec forecast a small rise in operating profit for the year to the end of March, lifted by its robust international units, as its ...
The Companies and Intellectual Property Registration Office (Cipro) website will only be available intermittently until technical problems with a corrupted server have been resolved....
Industrial property rentals in the greater Cape Town area are likely to remain unchanged for much of this year, according to Andy Beddow, a director of Baker Street Properties. Beddo...
With stricter credit laws in place and an economy less affected by the recession than South Africa, Namibia's commercial property market has remained stable and resilient over the pa...
Recorded building plans passed at constant 2005 prices in South Africa in January were -20,5% year-on-year (y/y), Statistics SA reported on Wednesday. The data showed that the value ...
The City of Johannesburg has decided to acquire and redevelop Chancellor House in the interest of the public. The building will not be demolished but will be restored to an office bu...
A massive solar water-heating system for the Legacy Da Vinci hotel on the Nelson Mandela Square in Sandton has just been announced. The 117 solar panels will deliver hot water to the...
Despite its challenges the African continent offers a mountain of opportunities to would be investors, particularly those of the Asian persuasion. According to Tony Twine, a senior a...
The South African Post Office was expected to produce a much lower net profit in the year to March than the previous financial year, group chief financial officer Nic Buick said yest...
Open road tolling is an equitable method for motorists to pay for what they use, the SA National Roads Agency said on Tuesday. "This is because the capital raised via tolls is d...
The sun has set on controversial businessman Mzi Khumalo's Metallon Hotels & Leisure. The final order had been granted by the South Gauteng High Court to liquidate Metallon Hotel...
The go-slow in the surveyor-general's office has intensified with land surveyors estimating that R4,5-billion worth of property developments have been delayed in KZN as a result of t...
Occupation figures in SA’s five-star hotels are under pressure, but experts are of the opinion that the Soccer World Cup will relieve the pressure. According to the STR Global ...
