International Housing Solutions (IHS), an international joint venture between MuniMae of the US and top Irish property group Howard Eurocape, has launched its operations on the African continent for the first time, opening its head office for Africa in Rosebank, Johannesburg, in January.

Global Credit Rating Co has maintained Murray & Roberts Holdings Limited's short and long term domestic ZAR currency rating of A+ and A1 respectively

WBHO and Group Five emerge as star performers, but bigger companies take a hit from dodgy contracts in Africa.

The strong property market boosted construction and engineering company Group Five's building and manufacturing activities

Pretoria - Unit holders in Shops For Africa, the listed property loan stock company, have approved the sale of the company's entire property portfolio to listed property company ApexHi for R415.3 million.

The managers of the property portfolio of Shops For Africa, the listed property loan stock company that proposes to sell its entire property portfolio to rival ApexHi for R415.3 million, yesterday denied claims the amount being withheld to cover costs was too high.

The property loan stock company continues to provide investors with a sustainable income through its innovative unit structure, limited gearing and a strategy to maximise value in secondary located properties with sound tenant profiles

Listed South African retail property income fund Shops for Africa (SFA) has reported a headline loss per share for the six months to end-October 2003 of 0.83 cents, compared to a loss of 0.39 cents per share a year earlier.

Black economic empowerment pioneer Mvelaphanda could start construction of a state-of-the-art biotech facility in South Africa early next year, Mvelaphanda Holdings founder and executive chairman Tokyo Sexwale said yesterday.

MARMORAN, makers of specialist coatings for the building industry, have won one of the largest contracts of its kind to be awarded in Africa.