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Divergent trends in property values across Africa

22nd October 2021 By Roger Long, Director of Valuation & Advisory Services, Broll Property Group The onset of the COVID-19 pandemic not only affected people and communities, but also impacted commercial property values across the world. This report looks at the effect of the pandemic on property values in Africa,... 

Consumer price inflation ticks up to 5%

By: News24Wire      20th October 2021 September inflation rose marginally to 5% from 4.9% recorded in August, data from Stats SA shows. The slight uptick was in line with the expectations of economists and still easily within the target range of between 3% and 6% set by the SA Reserve Bank. The consumer price index increased by 0.2%... 

Airports company reports massive impact of Covid-19 on its 2020/21 results

By: Rebecca Campbell     19th October 2021 State-owned Airports Company South Africa (Acsa) reported on Tuesday its financial results for the 2020/21 financial year (which ended on March 31). It stated that the impact on aviation and tourism of the Covid-19 pandemic during that period had been “devastating”. The company had, for only the... 

Efficient and Reliable Plotter Rentals 

18th October 2021 Digital printing equipment supplier Midcomp Azero offers a value proposition to clients to future-proof their business if it requires A1 to A0+ printing and scanning as part of its workflow. 

Calgro M3 ahead of years-long net debt reduction targets

By: Marleny Arnoldi     18th October 2021 Property developer and investor Calgro M3 says it has come a long way since its portfolio streamlining and transformation efforts started in 2016, particularly as the company is also coming out of what had been heavy Covid-19 impacts. The group posted a 262% increase in headline earnings a... 

New-vehicle sales momentum continues, despite shortage of some models

By: Irma Venter     15th October 2021 The South African new-vehicle market continued to recover some momentum in September, following the disruptions experienced in the economy during July, says WesBank. “Building on August sales successes, September sales . . . provided some reassurance for a stronger final quarter.” 

More than 30 developments in the pipeline in Cape Town CBD – report

By: Irma Venter     14th October 2021 The economy of the Cape Town central business district (CBD) remained stable in 2020, despite Covid-19, with the official nominal value of all property set at R43.8-billion by the City of Cape Town, and with 31 new developments worth more than R6.9-billion in the pipeline. This is the key finding... 

House price growth continued to slow in September – FNB

By: Schalk Burger     11th October 2021 The slowing trend in house price growth continued in September, with financial services company FNB's House Price Index decelerating to 3%, from 3.6% in August. This means house price growth averaged 3.5% in the third quarter of this year, down from a peak of 4.8% in the second quarter. 

New pumps series now available

8th October 2021 Multinational manufacturing company Atlas Copco has extended the WEDA electric submersible pump series to include slurry, drainage and sludge units, which feature several enhancements in a bid to meet the fast growing demand for these high performing, compact, rugged, reliable and efficient... 

Sarens is the global leader and reference in crane rental services, heavy lifting, and engineered transport

6th October 2021 At Sarens Siba, we have the noble mission to be the reference in crane rental services, heavy lifting, and engineered transport for our clients in the region of Southern Africa.  With state-of-the-art equipment and value engineering, we offer our clients creative and intelligent solutions to... 

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