Dubai World's Istithmar 'significantly' scales down Cape Town office
Dubai World investment arm Istithmar World's chief executive, David Jackson, resigned on Wednesday following an announcement earlier this month that the group would be closing down its Cape Town office.
[Read More]Posted at 10:31AM Jan 22, 2010 by Editor in Market |
Cracks widen in building sector data
The building industry is likely to experience a further decline in activity levels in the first half of this year because of the collapse of activity in the non-residential sector.
[Read More]Posted at 10:27AM Jan 22, 2010 by Editor in Residential | Comments[1]
N2 Gateway, Phase 2, delivers 43 out of 3000 units
Launched amid much fanfare in 2007, the housing project to build middle-income houses in Joe Slovo in Langa has failed to deliver.
[Read More]Posted at 10:12AM Jan 22, 2010 by Editor in Market | Comments[2]
Cape Town mid-term budget prioritises World Cup transport
There will be no adjustment to rates and tariffs in the current financial year, the City of Cape Town announced during its mid-term adjustments budget.
[Read More]Posted at 10:02AM Jan 22, 2010 by Editor in Market | Comments[2]
Solar water heaters can save 30% electricity
The City of Cape Town's Mayoral Committee Member for Utility Services, Alderman Clive Justus, says that the installation of a solar water heater can save up to 30% of the electricity usage in an average household, while reducing harmful carbon emissions.
[Read More]Posted at 09:57AM Jan 22, 2010 by Editor in Residential | Comments[3]
Agency launches World Cup rental platform
With world cup accommodation at a premium, property group Fine & Country has launched a system whereby prospective 2010 World Cup attendees can rent South African properties for the duration of the tournament.
[Read More]Posted at 08:24AM Jan 22, 2010 by Editor in Residential |