JSE diversified REIT, Dipula Income Fund, continued to weather the tough economy to post growth of 13% in distributable earnings and 7,1% in distributions per combined share for the six months to February 2016.
Competition Commission announces the appointment of a panel for the grocery retail sector market inquiry which is due to tackle the exclusivity of lease agreements at shopping malls.
A partnership between the Gauteng province and Massmart will result in the establishment of 500 retail shops within the province’s townships.
Massmart added its voice to the growing calls for the end to lease exclusivity clauses by filing a formal complaint with the Competition Commission.
Pick n Pay intends to aggressively step up efforts to stop Massmart from expanding its food offering in Game stores across SA.
Retailers are responding to increased demand from consumers in Africa, and in particular expanding operations on the continent from South Africa, reports Malcolm Horne, CEO of Broll Property Group.
Massmart opens its second Builders Warehouse store in Botswana‚ in line with its African expansion strategy.

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