Latest News

Octodec distribution growth up 9.5% to 71.2c


20 Apr 2012
Octodec Investments on Thursday posted a 9.5% growth in distributions per link unit to 71.20 cents in the six months to February, from the same period a year

Tsogo to invest R24m in unified post-merger image


20 Apr 2012
AS PART of the integration of the Gold Reef Resorts assets absorbed by Tsogo Sun in their R21 billion merger last year, Tsogo will invest about R24 million t

Too much spent on state leases


19 Apr 2012
The National Treasury is concerned that R3 billion a year spent on leasing properties for state departments was too high, according to a report on Wednesday.

State bid to speed up infrastructure


16 Apr 2012
SHORT-term planning and political uncertainty could slow down its R800bn infrastructure spending plan, the government admits. It has nominated infrastruc

User still pays for toll roads: DG


16 Apr 2012
The principle of user pays had been upheld in relation to the SA National Roads Agency Limited (SANRAL) Treasury Director General (DG) Lungisa Fuzile said on

Gauteng estate agents point to demand in 1st quarter


15 Apr 2012
The first Quarter 2012 FNB Gauteng Estate Agent survey on Thursday revealed a mildly positive national view of the domestic residential property market, than

Property funds turn to capital markets for cash


15 Apr 2012
SA property funds looking to raise capital are increasingly turning to capital markets rather than the traditional method of borrowing from banks, as they ar

MTN embarks on a different course


15 Apr 2012
MTN is focusing its mergers and acquisitions strategy on expanding into new countries via standalone bolt-on acquisitions. This is in contrast to merging wit

Final reports expected on coastal power station


12 Apr 2012
CAPE TOWN — An independent expert was compiling the final environmental impact assessment report for a nuclear power station with a maximum capacity of

Vividend to focus on plans to recover charges


10 Apr 2012
Property loan stock company Vividend Income Fund CEO Ari Jacobson said on Thursday the main focus of the fund, over the coming months, would be to garner mor
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