South Africa's April producer price index (PPI) is expected to increase by a median of 3.6% y/y, according to an I-Net Bridge survey of private sector economists. The range of forecasts is from 2.7% y/y to 4.0% y/y.

Papi Mphahlele, the first black president of the Sapoa, says the groundwork is in place for transformation within the white male-dominated property sector.

Fear that the new Property Rates Bill will affect home owners, as well as the agricultural and communal land sectors, may be exaggerated.

Where does the local office market stand?

Correction of outdated rental figures could bode well for rate cuts, analysts say.

Two of last year's four interest rate hikes could have been unnecessary should it be found that Statistics SA overstated annual consumer inflation by as much as 2 percent, Colen Garrow, an economist at Brait, said yesterday.

Thus, a removal of any distortions to the data would be welcomed, economists said.

CAPE TOWN Health, home and beauty retailer New Clicks Holdings will spend about R100m over the next three to four years to convert its stores to accommodate pharmacy dispensaries after the changes in Pharmacy Act regulations gazetted earlier this month permitting nonpharmacists to own pharmacies.

Sales of property to foreign buyers are booming despite the rand's rebound, according to the Pam Golding Property Group (PGP).

A growing number of international assignments underscores Old Mutual Properties’ ability to compete globally and to meet a demand for superior service.