Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced robust results for the financial year ending 29 February 2016, delivering against its pre-listing forecasts.
Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings, certified by the Green Building Council of South Africa (GBCSA).
The Department of Trade and Industry (dti) will allocate more funds for the revitalisation of the Vulindlela Heights Industrial Park.
Adjustments to transfer duty on property in the 2016 national Budget are to impact only the upper end of the residential property market.
Efforts are being stepped up to alleviate electricity supply constraints, with government preparing to expand the Independent Power Producer (IPP) initiative, said National Treasury.
The Green Building Council South Africa (GBCSA) has urged the country to focus on electricity demand side management rather than just supply management, to consider a total energy debate.
The revitalisation of state-owned industrial parks will promote industrialisation and increase their contribution to job creation and South Africa’s economic growth, says Trade and Industry Minister Rob Davies.
The commercial property industry is hugely concerned with Eskom's proposed 16% electricity tariff increase which it believes will have a negative effect on the industry.

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