Well over 100 South Africans have already been pre-registered, and FICA approved for the sixty lots going under the hammer that form part of the City of Cape Town’s virtual land auction taking place o...
Eskom has decided to implement its final offer to unions of a 1.5% wage increase from 1 July. The power utility says that after engagements with unions via the Central Bargaining Forum since last mont...
Former minister of finance Trevor Manuel said government's response to the Covid-19 pandemic was imperfect and some mishaps could have been avoided. He added that it was very difficult to plan for the...
The R225 billion powerships deal may have been wrecked this week when the environment department refused to authorise the Turkish-led consortium's projects in three ports. The consortium's environment...
Old Mutual presented its 2030 strategy during its capital markets day on Thursday. So, it did a deep introspection on where it needs to rectify things. Rectifying past missteps, ditching cumbersome pa...
The creativity of fashion designers is a valuable resource that must be nurtured if African countries are to grow their fashion industries into competitive global players. This was the impassioned me...
Steinhoff said its half-year core earnings rose by 7%, as demand for value lines and a focus on home furnishings offset the impact of pandemic restrictions. During the South Africa-based retailer's Oc...
This article is part of the Africa Crossing Borders series by MFS Africa, focusing on the multi-layered meaning of African borders and how Africans have transcended them. See original here. As soon a...
Did the property market crash or was it just a blip in the road? The old argument is that ‘securing the roof over your head’ means there is an infinite need for housing stock and landlords can negoti...
Veteran mining executive Terence Goodlace has been appointed chairperson of the Kumba Iron Ore board, replacing Mandla Gantsho who retired May, the company said on Thursday. "As a widely respected lea...
Zimbabwe says another 150MW of energy will be made available by year end. With government-owned power utilities failing to provide adequate energy supplies, private companies have committed to invest ...
From 1 July, the City of Johannesburg's residents will be forking out more for services such as electricity and water and sanitation when the latest rates increase comes into effect. The increase for ...
Private business in Tanzania is set to expand rapidly as President Samia Hassan moves to reassure investors and improve the nation’s operating environment, according to billionaire Mohammed Dewji. Dew...
Tanzania’s semi-autonomous archipelago of Zanzibar aims to inoculate about 1.4 million people against Covid-19, pulling ahead of the mainland as it seeks to save its tourism-reliant economy. Children ...
Mining firm Sibanye-Stillwater has been given the green light to administer Covid-19 vaccines at four of its medical facilities in the country, the company announced on Thursday. The company, which is...
A new deal between Takealot and Fortress Logistics will see the online retailer take up 20 000 square metres of speculative warehousing at Eastport Logistics Park in Kempton Park, Gauteng, it was anno...
In a SENS announcement, Growthpoint Properties released its FY21 nine-month trading update for the period between July 2020 and March 2021. The REIT reported a bolstered balance sheet with a decrease ...
South Africa’s environmental authorities rejected an application by Karpowership to generate electricity at three of the nation’s ports. The Department of Forestry, Fisheries & the Environment blocked...
If you are unable to purchase real estate on your own, co-owning an investment property with friends or family can result in favourable returns. Yet, as with any investment, it is important to conduc...
Africa’s largest wireless carrier MTN Group. and Chinese technology company ZTE were accused in a US lawsuit of indirectly supporting an Iranian terrorist campaign that resulted in Americans being inj...
John McAfee, the creator of the eponymous antivirus software, was found dead Wednesday in prison outside Barcelona. He was 75. In recent years, McAfee became a prominent booster of cryptocurrencies, ...
Residential rental vacancy rates in the Western Cape have breached double digits, according to a new survey. The survey found that the Western Cape was the hardest hit of all provinces by a slowdown i...
Murray & Roberts' power business has faced a challenging working environment. Company CEO Henry Laas says the unit is struggling to keep its head above water. Renewable energy opportunities within the...
A new report shows that South Africa lost R1.5 trillion to corruption and state capture between 2014 and 2019. Business leaders say as long as people aren't going to jail, SA can't fight corruption. W...
An AIA-Oldcastle report looks closer at the coronavirus’s impact on design and construction. The coronavirus pandemic accelerated a shift toward architectural design work on existing buildings that al...
A new ground-up, five-story residential building has broken ground in the heart of East Orange, N.J. Blue Onyx Companies is developing the project. Dubbed 14 Summit, the 77,913-sf project includes 78...
As South Africans, we've become rather accustomed to the prices of just about everything going up on an annual basis. Electricity is no different. With Eskom, South Africa’s national energy provider,...
Springdale Green, a new office campus comprising two six-story office buildings totaling 872,500 rentable sf, has been granted approval in East Austin. The Gensler-designed project will include extens...
New on HorizonTV, oceanographer John Englander discusses his latest book, which warns that, regardless of resilience efforts, sea levels will rise by meters in the coming decades. Adaptation, he says...
A historic social compact was signed at the River Club redevelopment site yesterday between the Western Cape First Nations Collective Trust (FNCT) - a coalition of the Cape's First Nations leaders - a...
A historic social compact was signed at the River Club redevelopment site yesterday between the Western Cape First Nations Collective Trust (FNCT) - a coalition of the Cape's First Nations leaders - a...
The Environmental Protection Agency recently said it would repeal a rule that weakened pollution controls for wetlands and streams enacted by the Trump Administration. The so-called “Waters of the Uni...
“Conversions are not as easy as you think, and they don’t always make sense. Converted buildings are never quite as good as a property purpose built for residents,” he says. While there is a case to ...
“Conversions are not as easy as you think, and they don’t always make sense. Converted buildings are never quite as good as a property purpose built for residents,” he says. While there is a case to ...
The share price of UK supermarket group Morrisons has jumped by over 30% after a US private equity firm made an offer to buy it for £5.5bn. The bid by Clayton, Dubilier and Rice, which is being advis...
Murray & Roberts holds a 50% stake in the Bombela Concession Company that operates the Gautrain. The company says daily commuter numbers had dropped from 55 000 to 13 000 since the Covid-19 pandemic h...
In 2019, Cape Town’s CBD hosted 16 co-working spaces. 2020 ended with 15 – just one less, despite the devastation of lockdowns. This is according to research done by the Cape Town Central City Improv...
Under new proposals, services such as Netflix, Disney+ and Amazon Prime Video would face the same level of regulation as traditional broadcasters including the BBC, ITV and Sky. The British government...
Strive Masiyiwa, the telecommunications billionaire tasked with helping the African Union (AU) secure Covid-19 vaccines, said the shortage of doses on the continent was a consequence of deliberate act...
Long4Life, which was launched by Bidvest founder Brian Joffe, may unbundle its Sportsmans Warehouse business following a review of the group. Since its listing in 2017, the company’s share price has l...
People may be missing some human interaction and feeling exhausted by the never-ending Zoom calls but most don't want to go back to the office five days a week. FNB Property Finance says property bro...
Activity levels in the building and construction sector declined in the first quarter of 2021 compared to the previous quarter but remained close to pre-Covid-19 levels. The latest Afrimat Constructio...
Ivan Glasenberg, the billionaire boss of Glencore, said China’s efforts to cool surging metal prices can’t be sustained for long. "The Chinese are trying to push it down, bring it back to lower levels...
As the charity grapples with upheaval created by the divorce of its namesake founders. Warren Buffett resigned as a trustee at the Bill and Melinda Gates Foundation as the charity grapples with upheav...
Former minister Malusi Gigaba said Cabinet had every right to scrutinise the Financial Intelligence Centre Amendment Bill to ensure that it was consistent with the Constitution. Gigaba said Cabinet an...
US billionaire Warren Buffett has resigned as a trustee at the Bill and Melinda Gates Foundation. Buffett has contributed more than $27 billion of his own money to the charity over the past 15 years. ...
In May, annual consumer inflation reached the highest level in 30 months - climbing to 5.2%. Inflation is now above the 4.5% midpoint of the central bank’s target range for the first time in 15 months...
Virgin Active has been hit hard by lockdowns in South Africa and the UK, losing 25% of its members across the group. But its owner Brait has reported a profit after a huge loss in the previous year. T...