JLL, one of the world’s leading real estate investment and advisory firms, today released its Q1 South Africa Real Estate Market Performance report which outlines the implications that Covid-19 will have on major sectors across the country.

Friday, 01 May 2020 10:22

Disappointment at S&P downgrade

Government has expressed disappointment at rating agency S&P’s decision to downgrade South Africa’s sovereign rating amidst the COVID-19 pandemic.

The data doesn’t lie: when women occupy positions of leadership, businesses are more resilient, employees more engaged, and bottom lines more robust.

The South African Gross Domestic Product (GDP) contracted by 1.4% in the fourth quarter of 2019, Statistics South Africa (Stats SA) has revealed.

Wednesday, 26 February 2020 20:27

Economic growth revised downward to 0.9%

South Africa’s economy is expected to grow by 0.9% in 2020, National Treasury said on Wednesday.

Major global data centre markets are seeing soaring construction costs as development in new and emerging hubs continues to heat up, according to research from global professional services company Turner & Townsend.

Thursday, 16 January 2020 16:27

Repo rate cut by 25 basis points

The Reserve Bank has reduced the repo rate by 25 basis points to 6.25% in line with market expectation.

Last week’s NERSA decided to allow a further above-inflation tariff hike.

Tuesday, 05 March 2019 22:17

GDP grows by 1.4% in the fourth quarter

South Africa’s Gross Domestic Product (GDP) soared by 1.4% in the fourth quarter of 2018, Statistics South Africa announced on Tuesday.

Wednesday, 20 February 2019 19:45

Growth revised down to 1.5% in 2019

National Treasury has revised down the South African economy’s growth to 1.5% in 2019.

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