Last week NERSA decided to allow a further above-inflation tariff hike.
Whilst the 9.4% increase granted for 2019 wouldn’t appear too harsh
in isolation, one has to evaluate the trend of tariff hikes well in
excess of CPI inflat...
With competition in South
Africa’s retail market intense, more than 25 million square meters of formal
retail space is currently in excess of 2000 existing shopping centres, close to
three million square meters of formal retail space in the pipel...
Hyprop has successfully refinanced/raised R4 billion in the
space of three months since December 2018, effectively addressing the
concern of Moody’s that the group may be challenged to refinance its R5
billion of debt falling due in the nex...