While many areas are beginning to report a notable slow-down, Cape Town’s CBD and City Bowl areas are still just about as buoyant as you could ask for, especially if you are a seller of an apartment. .
Africa’s feverish growth has decelerated in recent years and many countries have buckled under the pressure of falling resource prices, security disruptions, fiscal imprudence and adverse weather conditions. .
HARARE - The decision by Reserve Bank of Zimbabwe (RBZ) to introduce a local currency known as "bond notes", equivalent to the US dollar, is set to have a major effect on the country’s real estate industry.... Full story
Sub-Saharan Africa (SSA) continues to make advances in real estate transparency despite other countries in the region requiring greatest attention.
Mozambique - The slowdown in Africa’s economic growth outlook, and currency volatility, have compelled property developers, retailers and institutional funds to reassess their investment strategies.
While growth has slowed in many commodity linked markets in Africa, non-commodity driven markets, particularly in East Africa, have continued to perform well.
JOHANNESBURG – South Africa's Hotel and gaming group, Sun International Ltd [JSE:SUI] announced on Monday that it will packing its bags exiting Nigeria, amid a number of factors.
Burundi’s real estate market has been stifled by unrest in the country for decades. Currently rebels in the country are trying to oust the country’s President Pierre Nkurunziza.
There is a scramble for African property assets as investors look to gain first mover advantage in the continent.
While many areas are beginning to report a notable slow-down, Cape Town’s CBD and City Bowl areas are still just about as buoyant as you could ask for, especially if you are a seller of an apartment. ... Full story