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Big Property Developments expected to fire up Cape Town

A number of new modern commercial and luxury residential developments, including hotels, are on track to come out of Cape Town’s soil, setting existing establishments in the area aflutter with dreams of tourist gold.

Foschini Group builds on bumper 2019

Retailer The Foschini Group [JSE:TFG], whose brands include Foschini, American Swiss, and Markham, went against the prevailing retail trend by producing positive trading updates in a difficult economy.
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Soweto's humble Property Giant, Richard Maponya praised for Township Development

Business icon Richard Maponya, who died early on Monday, has been praised for establishing Soweto's mega R650m Maponya Mall that opened in 2007. It was the first investment of its size in a township in South Africa.
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Green light for R14 billion Harbour Arch in Cape Town

Amdec Group, which co-owns the vibrant Melrose Arch in Johannesburg, today received approval from Municipal Planning Tribunal meeting to develop its ambitious R14 billion Harbour Arch mixed-use precinct in Cape Town.
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KZN gets R1.3 billion Warehouse facility to house Pepkor

Equites Property Fund (JSE: EQU), whose footprint extends to the UK, said on Tuesday that it will be developing a 122 734 square metre logistics warehouse facility in Hammarsdale, KwaZulu Natal to house JSE-listed retailer Pepkor (PPH).
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R7bn to boost Industrialization in Mpumalanga’s Nkomazi

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.
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Eskom chairman calls its quits, electricity rationing resumes

Eskom on Friday announced that its group chairman, Jabu Mabuza has tendered his resignation just after a week into renewed electricity rationing, as the utility failed to keep the lights on.
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