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Wednesday Feb 10, 2010

BCM backtracks on water tariff

Buffalo City Municipality has backtracked on plans to introduce stiff punitive water tariffs from this month.

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Delay in upswing for retail centres

Prospects for the retail sector, and by implication also shopping centres, are likely to remain subdued in the first half of this year because consumers remain under financial pressure.

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Absa to exit Pinnacle Point at huge loss

Absa will sell its entire shareholding in Pinnacle Point Properties for R150 million to the Trilinear Empowerment Trust, Pinnacle said yesterday.

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Cape Town's draft Problem Building By-law endorsed

Following a successful public participation process, the City of Cape Town's Planning and Environment Portfolio Committee (PEPCO) has endorsed the draft Problem Building By-law which will aim to address the health and safety risk posed by dilapidated buildings in the city.

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