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NHFC to help subsidise 7 000 homes for first-time buyers in 2021/22

By: Yvonne Silaule     Updated 7 hours ago Development finance institution the National Housing Finance Corporation (NFHC) has allocated R3.2-billion towards the Finance Linked Individual Subsidy Programme (FLISP) for the 2021/22 financial year. The aim is to subsidise more than 7 000 homes across the country, Human Settlements, Water and... 

Calgro stabilises cash flow, doubles units under development

By: Schalk Burger     17th May 2021 JSE-listed residential property investment company Calgro M3 has restructured the process of handing over units to ensure a consistent number each month, which has stabilised cash flows and reduced the company's capital exposure. The company has also restructured its debt with only R70-million in... 

Western Cape asks public for input on Inclusionary Housing Policy Framework

By: Marleny Arnoldi     14th May 2021 The Western Cape government on May 14 published an Inclusionary Housing Policy Framework for public comment. The framework will help municipalities in the Western Cape facilitate the inclusion of more affordable housing units in developments in their municipal areas.  

New unit designed for efficiency

7th May 2021 Industrial products provider, BMG’s new NORD DuoDrive unit, an integrated geared unit that combines the recently launched NORD IE5+ synchronous motor and a single-stage helical gear unit in one compact housing, has been designed for optimum system efficiency.  

PIC acquires Deloitte building in Midrand to add to GEPF portfolio

By: Donna Slater     6th May 2021 The Public Investment Corporation (PIC) has concluded a purchase agreement to acquire 100% of the leasehold rights, which include the office building and letting enterprise, housing Deloitte as the anchor tenant, in the prime location of Waterfall City, in Midrand, Gauteng. The asset was... 

Housing authority delivered 14 000 units in 2020, asks for budget reform

By: Marleny Arnoldi     6th May 2021 Social Housing Regulatory Authority (SHRA) council chairperson Bathabile Dlamini says the 2019/20 financial year had seen “encouraging” performance in that 13 projects were completed, delivering almost 14 000 units. Although the target for the year was not met, it is a solid achievement, she... 

Standard Bank partners with MIT on innovative housing and food project in Namibia

3rd May 2021 Standard Bank Group, the Massachusetts Institute of Technology's (MIT’s) Center for Bits and Atoms, and US-based architecture firm redhouse studio have partnered on an innovative social upliftment project in Namibia that uses fungal material from mushrooms to develop housing and food products.... 

On-The-Air (30/04/2021) 

By: Martin Creamer     30th April 2021 South Africa’s platinum group metals are being used in an ever increasing number of applications; The multiplier magic of exploration and mining can bring the biggest number of jobs to South Africa; and The eThekwini municipality is embarking on a new journey of developing the hydrogen economy. 

Mining policy should be hugely supportive of exploration’s multiplier magic – investor  

By: Martin Creamer     28th April 2021 Mining, preceded by exploration, is the greatest economic multiplier of all business activities, including government expenditure, says Integral Asset Management chief investment officer Bruce Williamson. It therefore makes huge sense for government to enact attractive investment-friendly... 

EIB steps up funding in Africa

By: Tasneem Bulbulia     23rd April 2021 Finance institution the European Investment Bank (EIB) says it provided €5-billion for new private and public investment across Africa during 2020. This represented the largest yearly EIB engagement in 55 years of operations on the continent and the largest support for climate action and... 

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