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Construction underway on Paledi Mall's R130m expansion

Construction underway on Paledi Mall's R130m expansion

27/05/2019 - 15:22
Building contractors are on site at Paledi Mall in the rural Limpopo town of Mankweng, with construction underway on the 7000m² third phase expansion of the centre that will take it to 32,000m² in size. The project will entrench the mall’s position as a regional shopping centre for the community with several new stores, service offerings, and leisure spaces. read more
Construction index reflects big downturn in building materials sales

Construction index reflects big downturn in building materials sales

20/06/2018 - 09:36
The Afrimat Construction Index for the first quarter of 2018 shows a large downturn year on year as SA’s mining and construction industries remain mired in negative territory.  read more
22 000 jobs created, data shows

22 000 jobs created, data shows

31/10/2014 - 09:40
Pretoria - 22 000 jobs have been created between the second and third quarters of this year, Statistics SA said on Thursday. read more
Hangala Group sets sights on new commercial and retail investment, Namibia

Hangala Group sets sights on new commercial and retail investment, Namibia

23/04/2014 - 11:29
With a mixed residential property valued at approximately N$60 million, the Hangala Group has set its sights on Otavi. The property will consist of general residential erven, a retail centre, a private hospital, a filling station, business and light industrial parks in conjunction with the Namibia Development Corporation, aimed at housing carpenters, plumbers and electricians, to mention but a few. read more
Kenya's Village Market embarks on retail upgrade

Kenya's Village Market embarks on retail upgrade

17/04/2014 - 11:12
Nairobi's prime shopping and recreation complex, Village Market, is set to undergo a major redevelopment starting next month after securing a Sh5 billion loan. read more
Namibia's GDP slows to 4.4%

Namibia's GDP slows to 4.4%

07/04/2014 - 10:01
Namibia’s GDP growth is estimated to have decelerated to 4.4 % in 2013, preliminary data released by the Namibia Statistics Agency (NSA) showed this week. read more
Auas Valley construction pains hint at smarter retail complex

Auas Valley construction pains hint at smarter retail complex

14/03/2014 - 10:48
The first phase of the upgrade and extension work at the Auas Valley centre, Agra’s largest property, is in full swing. Work inside the Auas Valley Shopping Mall has commenced where major changes are made to upgrade and enlarge the retail area.  read more
Construction on 77 On Independence retail complex to begin in 2014, Namibia

Construction on 77 On Independence retail complex to begin in 2014, Namibia

12/03/2014 - 09:24
The Ohlthaver & List Group announced earlier last month that construction of ‘77 on Independence’ will start during the second quarter of 2014. This new CBD development in Windhoek is a joint venture between Ohlthaver & List Group of Companies and Howard Chamberlain Architects. read more
Construction sector to drive Namibian growth in 2014

Construction sector to drive Namibian growth in 2014

12/03/2014 - 08:47
Prospects for growth are higher on account of a construction boom, an IPPR overview of expected economic performance, released earlier last month, stated.  read more
Oryx spends most of Absa loan on shopping mall upgrade

Oryx spends most of Absa loan on shopping mall upgrade

04/03/2014 - 10:04
Oryx Properties has used most of the N$330 million development loan facility it borrowed from Absa Bank to finance the Maerua Mall extension and upgrade, the firm says in financial results for the six months ended 31 December 2013. read more
Financial challenges hamper Millenium Mall works, Ghana

Financial challenges hamper Millenium Mall works, Ghana

07/02/2014 - 13:10
Construction work on the US$15 million Millennium Shopping Mall at Mitengo Housing Complex in Ndola is progressing slowly because of financial challenges faced by Gomes Haulage Limited the owners of the mall. read more
Investor to build Madiba Mall in Kenya

Investor to build Madiba Mall in Kenya

06/02/2014 - 00:08
Investor Githinji Kinyanjui, launched the construction of a Sh700 million shopping mall in Nyeri town. The ceremony was attended by senior government officials and all Nyeri county MPs.  read more
Bulawayo mall hangs in the balance

Bulawayo mall hangs in the balance

04/02/2014 - 08:57
BULAWAYO - The much-vaunted Bulawayo City Council project where popular Basch Street Terminus is supposed to be upgraded into a regional public transport hub hangs in the balance as the South African contractor, who won the tender, is yet to sign the contract. read more
Maerua Mall gears up for competition, Windhoek

Maerua Mall gears up for competition, Windhoek

31/01/2014 - 09:21
With a few months away from The Grove Mall of Namibia opening, The Economist approached Mr Stefan de Bruin, Managing Director of Oryx Properties Group to gauge his expectations for the opening of the much anticipated Grove Mall. The Grove Mall of Namibia, being a retail project of such magnitude, is expected to have a significant impact on the Windhoek retailer environment.  read more
Zambia’a Kafubu Mall contributes to economic development

Zambia’a Kafubu Mall contributes to economic development

22/01/2014 - 10:56
Construction of the US$20 million Kafubu Mall in Ndola is nearing completion and the trading facility is expected to create more than 300 permanent jobs once completed.  read more
Zambia's Foreign Direct Investment increases

Zambia's Foreign Direct Investment increases

22/01/2014 - 10:24
Zambia's Foreign Direct Investment (FDI) hit slightly below US$2 billion in 2013, up from the US$1.6 billion recorded the previous year, Finance Minister Alexander Chikwanda has said. read more
Chinese firm to invest over $2 billion in Shama industrial park, Ghana

Chinese firm to invest over $2 billion in Shama industrial park, Ghana

08/01/2014 - 11:16
Chinese firm, Huasheng Jiangquan Group, is indicated it will invest over $2 billion for the construction of an industrial park in Shama in the Western Region.  read more
Kenyan retailers snap up new buildings as demand for retail space grows

Kenyan retailers snap up new buildings as demand for retail space grows

20/12/2013 - 11:51
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
Gauteng’s new Cradlestone Mall set to attract shoppers from near and far

Gauteng’s new Cradlestone Mall set to attract shoppers from near and far

10/12/2013 - 10:34
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
R140 million Victoria Wharf Construction at V&A Waterfront completed

R140 million Victoria Wharf Construction at V&A Waterfront completed

28/11/2013 - 23:11
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
Macy’s Herald Square’s unveils revamped beauty department

Macy’s Herald Square’s unveils revamped beauty department

18/11/2013 - 09:51
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
North West on drive to create 20 000 new jobs

North West on drive to create 20 000 new jobs

15/11/2013 - 08:07
The North West provincial government is on a drive to create 20 000 jobs, starting on December 1. read more
Top retailers secured for new Eyethu Orange Farm Mall, opening September 2014

Top retailers secured for new Eyethu Orange Farm Mall, opening September 2014

04/11/2013 - 16:25
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
Super-regional Cradlestone Mall opens for trade in Mogale City on 20 November

Super-regional Cradlestone Mall opens for trade in Mogale City on 20 November

04/11/2013 - 16:07
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
Commercial space rent doubles in Nakuru town, boosted by retail chains

Commercial space rent doubles in Nakuru town, boosted by retail chains

01/11/2013 - 08:27
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
UNZA shopping mall to cost K248m. Zambia

UNZA shopping mall to cost K248m. Zambia

22/10/2013 - 09:06
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
ZEMA halts Mukuba Mall construction, Zambia

ZEMA halts Mukuba Mall construction, Zambia

10/10/2013 - 12:26
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
Walvis Bay construction project, gateway to SADC trade, Namibia

Walvis Bay construction project, gateway to SADC trade, Namibia

19/07/2013 - 08:39
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
J.C. Penney debuts new home department

J.C. Penney debuts new home department

07/06/2013 - 10:51
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
Newtown's R1.3 billion mall development on track

Newtown's R1.3 billion mall development on track

10/05/2013 - 09:01
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
Construction of Zambia’s largest mall to start soon

Construction of Zambia’s largest mall to start soon

23/04/2013 - 10:05
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
Namibia: Grove Mall considers expansion

Namibia: Grove Mall considers expansion

04/04/2013 - 08:45
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
V&A Waterfront announces temporary closure of a section of Breakwater Boulevard

V&A Waterfront announces temporary closure of a section of Breakwater Boulevard

03/04/2013 - 10:38
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
Namibia: Property groups move ahead with large Windhoek retail development

Namibia: Property groups move ahead with large Windhoek retail development

27/03/2013 - 12:00
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
New multi-million rand plant for SAB

New multi-million rand plant for SAB

26/02/2013 - 08:57
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
Zambia resolves to avoid debt trap

Zambia resolves to avoid debt trap

06/02/2013 - 08:18
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
British manufacturing output slumps

British manufacturing output slumps

14/01/2013 - 07:35
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’s economy to grow at 7.3 p.c. in 2012′

‘Zambia’s economy to grow at 7.3 p.c. in 2012′

10/01/2013 - 09:46
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
Walmart Canada opens 200th supercenter

Walmart Canada opens 200th supercenter

10/12/2012 - 09:58
Mississsauga, Ontario -- Walmart Canada on Friday opened its 200th supercenter, in Edmonton, Alberta.  read more
Benchmark index tops 33,000 for first time

Benchmark index tops 33,000 for first time

01/11/2012 - 08:44
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
Construction recovery quickens

Construction recovery quickens

17/10/2012 - 07:45
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
British economy shrinks by 0.5%

British economy shrinks by 0.5%

27/08/2012 - 09:49
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
Mpumalanga creates most jobs

Mpumalanga creates most jobs

20/08/2012 - 09:31
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
Small flutter gives hope in Free State

Small flutter gives hope in Free State

10/08/2012 - 11:37
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
Western Cape economy cools down

Western Cape economy cools down

13/07/2012 - 08:05
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
Cashbuild revenue up

Cashbuild revenue up

08/11/2011 - 09:15
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
South Africa's Transnet may spend $14.6 bln on new port

South Africa's Transnet may spend $14.6 bln on new port

17/03/2011 - 10:32
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