In2assets announces the release of 53 ha of extraordinary development land, earmarked for a Business Park, fronting the N3 Freeway on the outskirts of Pietermaritzburg

A new wave of high quality developments aimed at the affordable housing market is gaining momentum in the country. One such development is Beacon Views, located in the Beacon Hill Country Estate in Pietermaritzburg

On behalf of its clients, Futuregrowth's Development Equity Fund, has purchased a 12.5% equity stake in Johannesburg urban renewal property group TUHF (Pty) Ltd for R25m which will boost affordable housing in Johannesburg CBD. TUHF provides commercial property finance to emerging and established entrepreneurs to purchase and refurbish affordable rental housing residential buildings in the inner cities of  Gauteng, Durban, Pietermaritzburg, Port Elizabeth and surrounding areas

Pietermaritzburg’s Oribi airport and Ulundi’s Prince Mangosuthu Buthelezi airport are undergoing a R85m upgrade funded by the KwaZulu-Natal provincial government.

For those businesses who prefer not to formally engage tenant representative firms because they choose not to sign formal contracts / agreements, answer this:

KwaZuluNatal has unveiled another multi-million rand stadium to show its readiness for the 2010 World Cup.

Fireworks were the order of the night when the lighting of the arch above the Moses Mabhida Stadium was celebrated in Durban on Saturday.

The who’s who in the political and soccer fraternity were present at the ceremony on Saturday. Local Organising Committee chairman Irvin Khoza, Sports Minister Makhenkesi Stofile, Premier S’bu Ndebele, and MEC Zweli Mkhize were among the dignitaries at the glittering event.

Ndebele said the completion of the arch symbolised unity.

“It is a celebration of teams working together to create not only an architectural and engineering masterpiece, but to physically create an icon that symbolises and spans years of history, hope and work, to let all South Africans feel the pulse of unification,” he said.

“South Africa is ready to host the 2010 Fifa World Cup. KwaZulu- Natal and Durban are ready to host the 2010 Fifa World Cup.”

Ndebele said South Africa was poised to make the 2010 World Cup an African event – one that will help spread confidence and prosperity across the entire continent.

“As hosts of the 2010 Fifa World Cup, South Africa stands not as a country alone – but as a representative of Africa, and as part of an African family of nations,” he said.

The stadium is named after one of the country’s most iconic struggle leaders, Moses Mabhida.

In 2006 the provincial government went to Mozambique and brought back the remains of Mabhida. He was laid to rest outside Pietermaritzburg.

Ndebele hailed the eThekwini municipality, saying the city was on track to complete the iconic stadium that will serve as a symbol of pride.

“We celebrate the completion of the stadium arch, which is a proudly South African architectural, engineering and construction milestone. ”

For the first time in history, more people are living in urban areas in SA than in rural communities. This is one of the findings of a report released by the South African Cities Network, comprising the six metros as well as Pietermaritzburg, Bloemfontein and East London.

Municipal Finance Management Act could be major tool for bringing stability in the finances of municipalities.

THOSE of us who live in SA's major cities (37% of us, according to a new report) know very well the dramatic contrasts which make up our large urban environments, but we seem to struggle to come up with new ways of thinking about where we are going.