South African property development company, Billion Group – known for its development of major malls – on Wednesday evening celebrated its inroads into hotel development with the opening of the four-star, R130-million Mayfair Hotel in Mthatha, adjacent to the company’s R1.4-billion BT Ngebs City regional mall.
The Department of Trade and Industry (dti) on Monday launched the new revitalised Vulindlela Heights Industrial Park in Mthatha, Eastern Cape.
Established in 1883, Mthatha, the capital of the former Transkei, is a hive of bustling activity and recognised as the leading city of the area.
The long-standing relationship between Nedbank Corporate Property Finance and leading SA property development and investment group, Billion Group, is once again delivering economic development opportunities in the Eastern Cape.

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