MBA North: 2.3% construction upswing not a true reflection of the state of the industry
Labour issues, late payment and slow growth ‘catastrophic’ for the sector, says Master Builders’ Association North.
Private Sector propping up growth in construction expected to be short lived- industry confidence levels the lowest ever!
The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2018 recently released indicates positive news, that the construction sector has seen growth for the first time in six quarters.
Downgrade risk returns as SA enters recession
Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.
Relief at Q4 2017 GDP figures
Better than expected GDP figures for 2017 released today brought sighs of relief all round after an unquestionably tough year economically for South Africa.
China sees outbound flow of funds increase by 1,500% in a decade
China has seen an increase in outward investment by almost 1,500%* in a decade (2005 - 2015) according to the Knight Frank Wealth Report, 2016.
South Africa’s GDP growth revised downwards to 0.9% in 2016
This is according to Finance Minister Pravin Gordhan who tabled the 2016 Budget during a joint sitting of the National Council of Provinces (NCOP) and the National Assembly, in Parliament, on Wednesday.
The South African Exchange Rate: It's because the President messed up right?
According to Instinctif Partners, the rapid acceleration in the depreciation of the South African exchange rate in December 2015 has widely been seen as evidence of South Africa’s poor macro policy and ultimately a reflection of worsened foreign investor sentiment following the controversial changes at the National Treasury.
2015 average house price growth was slightly slower than that of 2014 as a whole
In December 2015, the FNB House Price Index inflation rate continued its mild year-on-year growth uptick of recent months.
Accelerate Property Fund continues on its upward trajectory
Accelerate Property Fund, the JSE listed Real Estate Investment Trust with significant exposure in the dynamic Fourways node, Johannesburg, today reported strong interim results despite a challenging economic environment.
Research indicates traditional Shopping centre model fundamentals are changing
The traditional shopping centre model is turning on its head, according to indicators emerging from research covering two million square metres of retail space across South Africa.
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