JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company... 

The FNB/BER Building Confidence Index, which measures sentiment in the building sector, increased to an eight-year high of 43 (a gain of nine index points) in the fourth quarter of this year. The... 

ArcelorMittal South Africa (AMSA) has indicated that it will enter discussions with buyers of its noncommodity long-steel products in an effort to limit the disruption that is set to arise because... 

JSE-listed Vukile Property Fund achieved a 10% increase in its cash dividend to 52.1c a share and a 5.2% growth in its funds from operations (FFO) to 85c apiece for the six months ended September... 

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 

The amended Extended Producer Responsibility (EPR) regulations, instituted in November 2020, require product importers and manufacturers in the packaging industry to contribute towards the... 

Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.” 

Automation and energy management company Schneider Electric has rejoined the Green Building Council of South Africa (GBSA). The company says the move confirms its commitment to promoting and... 

Energy technology provider Midea Energy Solutions, a product division of global appliance and air conditioning manufacturer Midea, has partnered with local distributors Livance Distributors and... 

Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.” 

Construction on The Fynbos development is set for completion at the end of next year, with the first apartments ready for occupation in early 2025. The R1.2-billion building is located in Bree... 

The Umoyilanga hybrid renewables-battery project, which will supply 75 MW of dispatchable electricity daily from 05:00 to 21:30 when built, has officially achieved commercial and financial close... 

Business Unity South Africa (Busa) president Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with government on electricity, logistics and crime is... 

ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business... 

Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and... 

Electricity Minister Kgosientsho Ramokgopa attributed the “unwelcome” ramp up in the intensity of loadshedding to Stage 6 to a need for Eskom to rebuild its emergency reserves that had been... 

Contract changes within the construction industry and conditions that are slashing margins are becoming a growing threat to contractors, “contributing to the downward spiral of the construction... 

JSE-listed cement and construction materials company PPC has reported a 20.9% year-on-year increase in revenue to R6-billion for the six months ended September 30.  Its earnings before interest,... 

Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are... 

JSE-listed construction materials supplier PPC has concluded an agreement to sell its 51% shareholding of Rwandan integrated cement manufacturer Cimerwa for $42.5-million to Kenya-based National... 

Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned... 

Cement manufacturer PPC's share price on the JSE rose by nearly 9% on November 9, after the company reported an expected swing to earnings a share for the six months ended September 30. The company... 

The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction whereby Afrimat intends to acquire Lafarge, with conditions. The commission found that the... 

JSE-listed real estate investment trust Spear has broken ground on its R400-million investment into the Airport Business Park, in George, in the Western Cape. The 19.5 ha development will provide a... 

JSE-listed Emira Property Fund has posted an 18% year-on-year decrease in distributable earnings of R310-million for the six months ended September 30, mainly owing to disposals and lower income... 

JSE-listed real estate investment trust Dipula Income Fund increased its revenue by 3% year-on-year to R1.4-billion and its net asset value (NAV) by 2.1% year-on-year to R6.1-billion for the... 

JSE-listed real estate investment trust Equites has raised R500-million through the public auction of a five-year listed senior unsecured floating rate note in the South African debt capital... 

Financial services firm Liberty has finalised the acquisition of real estate investment trust Liberty Two Degrees' (L2D's) minority shares at R5.55 a share and terminated the listing of L2D shares... 

Precast construction company Peikko South Africa completed the columns for the 5 100 m² Reserve 5 factory and warehouse project, in Cape Town, for Cream Properties in one week. The factory and...