Johannesburg's City Power had a mark-up of 117 percent on electricity it obtained from Eskom and resold, which was much higher than other cities in the country and a threat to the manufacturing industry, the National Energy Regulator of SA (Nersa) hear...
It's late, it's wet and could take months and a heap of money to fix. An engineer's plan for sorting out the Gautrain tunnel water problems indicates this could take 10 months and could cost up to R100 million.
Property prices for upmarket apartments in the city centre are in a deep slump and the owner of one of the city's flagship developments - the highprofile Mandela Rhodes Place - is planning to sell off its residential holdings in the complex.
The luxurious R600 million Fairmont Zimbali Hotel and Resort stands proudly on the North Coast, its beauty adorns the pages of glossy magazines and its splendour attracts upmarket guests from South Africa and abroad.
The second SAPOA Office Vacancy Survey of 2011 confirms very little movement in the Cape Town office market with most of the vacancy figures remaining relatively static, says Dave Russell, a director of Baker Street Properties.
Fresh attempts to lease Durban's most popular water sport beach to a development company to build a luxury hotel, flats and yacht marina were put on hold again yesterday after strong criticism by opposition parties - and at least one member of the A...
Property values in South Africa’s commercial property sector have improved, but are still lagging behind levels prior to the international economic recession according to information released by the Investment Property Databank (IPD).