A group of construction industry stakeholders has urged the industry to return to basics in order to overcome its current challenges successfully.

A new, 100%black-owned hotel operator is to soon enter the local market following a multi-million rand deal signed this week between Afrirent Holdings, Top Toyo Investments and Indalo Hotels & Leisure Management in terms of which an R280 million, focused service Hampton by Hilton hotel will be built in Sandton, Gauteng.

Gross Domestic Product for the 2nd Quarter of 2016 showed some mild improvement, returning to positive growth after a 1st Quarter contraction.

Wednesday, 08 June 2016 19:26

GDP contracts in first quarter of 2016

South Africa’s Gross Domestic Product (GDP) contracted by 1.2% in the first quarter of 2016, Statistics South Africa (Stats SA) announced on Wednesday.

Thursday, 24 March 2016 13:55

Shopping centres grow as purses shrink

The question is whether SA can support another mall.

Real Retail Sales growth for December 2015 continued to record an exceptionally healthy growth rate under the weak economic circumstances.

The South African Council of Shopping Centres says there was some welcome good news coming out of the country’s malls and retailers at the end of 2015, not with standing tough trading conditions in local markets.

Total income for SA's tourist accommodation industry rises 8.1% in nominal terms in July 2015 compared with July 2014.

Total income for SA's tourist accommodation industry rises by 8% year on year in nominal terms in October

Tuesday, 25 November 2014 17:54

GDP increase by 1.4% in the third quarter 2014

South Africa's Gross Domestic Product (GDP) increased by 1.4% in the third quarter, Statistics South Africa (Stats SA)

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