Saudi Arabia's largest listed real estate developer, Dar Al Arkan, plans to buy assets in Asia as part of its strategy to diversify revenue streams

The report released by global property consultancy Knight Frank LLP, shows that South African buyers outperformed buyers from far wealthier countries such as Germany, Singapore, Saudi Arabia, Switzerland and Canada over the past 3 years. 

The R21-billion Rio Tinto Alcan aluminium smelter, which was scheduled to break ground at Coega in the second half of this year, could be delayed by as much as four years due to the area‘s current power shortages.

Pipes valued at more than R10-million and weighing over 1 500 t were recently manufactured by Group Five Pipe, in Meyerton, to fulfil a variety of contracts in Gauteng.