Soweto businessman Richard Maponya plans to invest just over R1.1 billion within two years in building another mall and a motor dealership network.
Eskom said it is unlikely that the closure of the Medupi and Kusile construction sites for two weeks will have any impact on the delivery of the power stations on time.
A private game farm situated in the Waterburg Reserve in Limpopo, one of the most scenic and wildlife rich areas in South Africa, will be brought to auction during Auction Alliance’s commercial Multiple Auction to be held on May 19
Nedbank Corporate Property Finance: Gauteng has funded the development and refurbishment of various properties within the Twin City portfolio located in Mpumalanga and Limpopo
Nedbank Corporate Property Finance: Affordable Housing has approved a loan facility to a subsidiary within the Safrich Group of Companies to install services and infrastructure for the construction of 192 homes in Riverlea, Soweto
Owning shares in Hyprop Investments and Resilient Property Income Fund, means investors own some of the best retail property in SA.
Building materials supplier, Afrimat, has reported a 25.7% rise in diluted headline earnings per share to 50.9c for the year ended February 2010 from 40.5c a year ago.
Coal of Africa confirmed on Friday that its talks for a public-private partnership with Transnet Freight Rail to boost future export capacity were still in progress.
Afrimat said that despite a slower trade performance in the year to February 2009, improvement is already evident in the months since year-end.

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