Architectural perspectives of the upgraded entrance of Boardwalk Mall scheduled to open in 2021.

PE’s Boardwalk Precinct gets R600m Retail project

The Boardwalk Casino and Entertainment World in Port Elizabeth is undergoing an R600 million extend and upgrade in the retail area.

Limpopo’s Elim Mall, which is located in Makhado (formerly Louis Trichardt), is undergoing an expansion at a cost of R120m.

Elim Mall to spend R120 million on extensions

Investing >>

Municipalities in terrible state

MOST South Africa’s municipalities are in a financial state so terrible, threatening their ability to deliver services, says Auditor General (AG) Kimi Makwetu on Wednesday.

Companies >>

NEPI Rockcastle’s CEO Alex Morar said: “Listing as the largest property share on the A2X brings an additional [R73 billion] market capitalization to the A2X.

NEPI Rockcastle to list shares on South Africa's A2X

NEPI Rockcastle will still retain a listing on the Johannesburg Stock Exchange and Euronext Amsterdam listings.

Gauteng >>

Deserted factories to be converted into low-cost Affordable Housing

The City of Johannesburg (COJ) says it has identified abandoned factories in the city that it plans to expropriate in order to allow the private sector to turn them into low-cost affordable housing.

Western Cape >>

Mayor Dan Plato said the budget was geared towards improving safety, urban renewal and human settlements.

City of Cape Town's R50 billion 2019/2020 budget

The Cape Town council has approved a budget of just over R50 billion for the 2019/2020 financial year.

KwaZulu-Natal >>

Makro Store will be housed within the Cornubia Ridge Logistics Park, which is adjacent to the Gateway precinct and accessible from all major highways including the M41 and the N2.

Makro expands in Durban’s booming Cornubia

Cornubia, a multi-billion rand mixed-use development in the northern corridor of Durban, has welcomed the new state-of-the-art Makro Store scheduled to start operating this week.

Free State >>

Seen on the opening ceremony is Eric Stouder, the Senior Vice President of Sasol Base Chemicals and Izandla Property Fund CEO Nonhlanhla Mayisela.

Izandla Property Fund announces Inauguration of first development project

A new black-empowered property group, Izandla Property Fund, which is backed by Investec Property (IP) and Investec Property Fund (IPF), opens its first development project.

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large.

Economy >>

South Africa's real Gross Domestic Product (GDP) declined by 3.2%. The manufacturing sector contributed most to the quarterly contraction, falling 8.8%, statistician-general Risenga Maluleke said on Tuesday.

SA economy slows as growth dips to 3.2%

South Africa's real Gross Domestic Product (GDP) declined by 3.2% in the first quarter of 2019, Stats SA announced on Tuesday, showing a larger contraction than expected.

Infrastructure >>

Eskom said that there will be no load shedding this week as the outlook looks favorable, with plants performing better than last week.

Eskom suspends load shedding after days of blackouts

Over the weekend, Eskom said that there will be no load shedding this week as the outlook looks favorable, with plants performing better than last week.

International >>

Forward-thinking shopping centre owners are collating myriad data sets, including shopper behaviour, retailer sales and the performance of retail categories into advanced analytics tools that provide highly visual insights.

How advanced data analytics is boosting shopping centre performance

Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop with WiFi – to stay relevant and profitable.