CONSTRUCTION NEWS ON FASTMOVING

Commercial property development in Kitale town is on a roll, with those splurging huge sums reaping big, thanks to growing demand for retail space. - See more at: http://www.the-star.co.ke/news/article-145255/retailers-snap-new-buildings-kitale-town#sthash.8AX5Q0mt.dpuf read more

On the edge of the Cradle of Humankind, one of eight UNESCO World Heritage sites in South Africa, Cradlestone Mall has been built to serve the needs of the growing residential and business population to the northwest of Johannesburg. read more

Undertaking an extensive expansion programme while minimising the impact on an estimated 24 million visitors per annum is no small feat. In a R140 million upgrade to its Victoria Wharf Shopping Centre, the V&A Waterfront has managed to not only improve its retail trade performance over the nine month construction period, but also increase the number of visitors to the Centre over the same period. read more

New York -- Macy’s Herald Square store has taken the wraps off a dramatic makeover of its beauty and fragrances department. Re-fashioned within a brand-new 24,000-sq.-ft. space, the new department includes brand new counters, shops and bars for brows, blow-outs and nails. read more

The North West provincial government is on a drive to create 20 000 jobs, starting on December 1. read more

Sporting an appealing mix of successful retailers guaranteed and construction progressing apace, the vision for the R400 million Eyethu Orange Farm Mall to become a successful, profitable asset for the community of Orange Farm is within reach.  read more

The super-regional 76 000sqm Cradlestone Mall is set to open its doors in Mogale City on 20 November 2013, with more than 200 stores offering unparalleled choice to shoppers, both local and from further afield. read more

Construction of commercial space is turning out a lucrative venture for landlords in Nakuru as letting prices appreciate. Prices have doubled from Sh20-30 per square foot a month three years ago to Sh60-70 per square foot, a spot check by the Star reveals. read more

The construction of a shopping mall to be the property of the University of Zambia (UNZA) Great East Road campus will cost K248 million. read more

The construction of the US$40 million Mukuba Shopping Mall in Kitwe has hit a snag after being halted by the Zambia Environmental Management Agency (ZEMA). read more

Earlier this week Namport announced two new mega-projects that will elevate the ports authority to an international level and enable it to service a diverse range of customers over most of southern Africa.  read more

Plano, Texas -- J.C. Penney Co. on Thursday took the wraps off its highly anticipated new home department. More than 500 stores received a complete home department revamp, with updated flooring, accent lighting, custom fixturing and a widened pathway. read more

The big hole being dug in Newtown is the start of a R1.3 billion retail and office development incorporating some of Johannesburg's most historic buildings, it was reported on Monday. read more

The construction of the US$200 million shopping mall in Kitwe which is expected to be the largest in Zambia will finally take off in the next two months. read more

Windhoek - The developers of the massive N$920 million Grove Mall project in Windhoek’s Kleine Kuppe might have to consider expanding the development due to a mushrooming of interest from local and international retailers.  read more

A section of Breakwater Boulevard at the V&A Waterfront will be temporarily closed from 8 April 2013 as work starts on a vehicle and pedestrian tunnel that will link basement parking in Victoria Wharf to the Breakwater Parking Garage.  read more

South African property investment and development company Atterbury, Demashuwa Properties and Namibia-based Safland Property Group are moving ahead with what they believe will be Namibia’s largest commercial property development – the 54 000 m2 Mall of Namibia – The Grove, in Windhoek. read more

Johannesburg – The South African Breweries (SAB) has announced a R700m investment in a state-of-the-art new maltings plant in Alrode‚ Gauteng‚ as part of its continued efforts to support the local economy and drive job creation. read more

Lusaka - Zambia will be careful not to fall back into unsustainable levels of debt as state-owned firms look to borrow from international markets to invest in infrastructure projects, Deputy Finance Minister Miles Sampa said on Tuesday. read more

London - British manufacturing output fell in November and industrial production was weaker than expected, official data showed on Friday, sparking renewed speculation that the economy shrank at the end of 2012. read more

Zambia will record an economic growth rate of 7.3 per cent this year, slightly higher than the 2011 growth rate of 6.8 per cent, the World Bank has projected.  read more

Mississsauga, Ontario -- Walmart Canada on Friday opened its 200th supercenter, in Edmonton, Alberta.  read more

South Africa's benchmark stock index closed above 33,000 for the first time in its 17-year history on Wednesday, booking a record close for the third straight day as investors piled into oversold mining firms such as Anglo American. read more

Johannesburg - A recovery in the construction sector gained momentum during the third quarter, First National Bank (FNB) and the Bureau for Economic Research (BER) said on Tuesday.  read more

London - Britain's economic output fell by 0.5% in the second quarter, which was better than previously thought but still left the country mired in recession, official data showed on Friday.  read more

Economists have praised Mpumalanga’s 4.4% employment growth in the second quarter of 2012, but have cautioned that ending unemployment remained a mirage in the current economic and labour climate. read more

Bloemfontein – The Free State Barometer fared slightly better in June than in May – but as in the rest of the country this province's economy is showing lacklustre growth for 2012. read more

Cape Town – Together with the chilly Cape weather the Western Cape economy is also cooling down, as is evident from the May Sake24 and BoE Private Clients Western Cape Barometer.  read more

Retailer of building materials and associated products, Cashbuild (CSB) on Monday reported an 8% rise in revenue in the first quarter from the previous comparative period. read more

JOHANNESBURG (Reuters) - South Africa's logistics group Transnet plans to spend at least 100 billion rand to build a new port in Durban, the Business Report newspaper reported on Tuesday. read more