Africa's hotel market proves resilient in latest PwC findings

The hotel industry's potential for business growth has been reflected in the increase in the number of foreign and domestic travellers visiting the continent, as well as in the number of hotel chains established...

5 Jul 2018

THINC Africa 2018 a boost in African tourism

"There's a consistently negative stigma around travelling in Africa which has been snowballing for years. We need to position ourselves correctly and draw attention to the positive experiences that can be had here."

3 Jul 2018

Affordable housing solutions in pipes, containers and 3D printers

A critical shortage of affordable housing across the world is triggering creative solutions...

By Rina Chandran 7 Jun 2018

Another step towards Africa's digitisation

Digital transformation of service economy can drive growth across Middle East and Africa, says World Bank...

30 Apr 2018

Housing microfinance can be win-win for poor people and financial institutions

Housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa...

13 Apr 2018

Hotel Verde Zanzibar opens doors to guests, promotes responsible tourism

On 21 March 2018, Hotel Verde Zanzibar - Azam Luxury Resort & Spa will open its doors to guests for the first time...

6 Mar 2018

#BizTrends2018: The new rules of retail

If you're searching for proof that retail as we know it is changing, look no further than Shanghai's 24-hour, unstaffed, self-driving grocery store...

By Lauren Hartzenberg 29 Jan 2018

Africa needs coordinated strategies for urbanisation

Africa's rapid urbanisation can be a driver of industrialisation and there is an urgent need to connect policies and strategies for urban and industrial development...

25 Oct 2017

JLL report reveals growing demand for prime logistics space in Africa

According to JLL's 2017 Africa Prime Industrial Report, within Africa's more diversified economies, the prime industrial sector is set to emerge as an attractive asset class over the short to medium term...

31 Aug 2017

"Pockets of glory" for property investment in Africa

There are pockets of glory, particularly in East Africa - but property investors need to do their homework before venturing in...

4 Mar 2016

USD$10m investment into One Africa Media

SEEK, the world's largest online employment marketplace by market capitalisation, has announced the investment of USD$10m for an additional six percent equity ownership in One Africa Media...

Issued by Private Property 30 Apr 2015

African fund eyes JSE

JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.

By Joan Muller 20 May 2014

Rockcastle's African operations on track

ALTX-listed Rockcastle Global Real Estate‚ one of the Resilient group's rand-hedge property companies‚ said its African operations were on track‚ as it released financial results for the nine months to March.

By Alistair Anderson 16 May 2014

Zimbabwe central bank has 'no tools' to fix economy

Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.

8 May 2014

Homecoming Revolution London Expo around the corner!

Homecoming Revolution's London Expo will take place from 15-16 March 2014 and will feature a variety of exhibitors, guest speakers, workshops and case studies aiming to encourage Africans to return home.

25 Feb 2014

Marriott clinches deal to buy biggest African hotel chain

US hotel giant Marriott announced it had finalised a deal to buy the Protea group, Africa's largest hotel chain, for US$186m.

23 Jan 2014

Hyprop buys 87% of African Land for R768m

Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.

29 Nov 2013

Truworths slows drive into Africa

Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.

By Zeenat Moorad 30 Sep 2013

Africa fund heads for JSE

Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.

By Joan Muller 16 Sep 2013

Franchise sales up 16.8% for Famous Brands

Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region.

19 Jun 2013

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