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Housing · South AfricaSource: Supplied. Palesa Mkhize, chief executive officer of The South African Multifamily Residential Rental Association (SAMRRA).Under the theme “Foundations for the future: Housing the new world,” the 17th I.H.S. Affordable Housing Conference opened with the announcement that Nedbank Corporate and Investment Banking (CIB) has joined The South African Multifamily Residential Rental Association (SAMRRA). Read more...See the Story
Bridging the gap: Nedbank CIB and SAMRRA’s strategic housing alliance

South Africa · South AfricaShoprite Group results for the 52 weeks ended 29 June surpassed a N$250 million mark, the group announced on Tuesday. Chief executive officer Pieter Engelbrecht said the group achieved sales growth of N$20.6 billion for the period. Engelbrecht said the group returned N$16.5 billion at point of sale while successfully maintaining its selling price inflation at only 2.3% in its core Supermarkets RSA segment. The group has 30 million customers, an…See the Story
Shoprite Sales Growth Reaches N$20.6 Billion – News Stand

BRICS · South AfricaWell before the great COVID-19 leveler, the South African property development and construction industry already faced enormous challenges from which it has yet to recover. Among these, decades of rising material costs, declining private investment against growing interest rates, standstills in policy making and procurement, and the construction mafia. These have all significantly eroded labour...See the Story