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Foreigners spent over R1 billion to live in one South African city
International buyers have spent over R1 billion buying properties across the Western Cape’s City of Cape Town.
Economy
AfDB awards SA $1m grant to boost green jobs
South Africa is facing a growing youth unemployment crisis. But developing its green economy may be a way out.
En savoir plusEthiopia has finished building mega-dam on Nile, PM says
Ethiopia says it has completed building a mega-dam on the Blue Nile that has long been a source of tension with Egypt and Sudan.
En savoir plusBig changes coming to South Africa’s only private international airport
Lanseria International Airport, South Africa’s only privately owned and operated airport, is preparing for several major upgrades to compete with others like OR Tambo International Airport.
En savoir plusThe small property company taking on South Africa’s hidden R750 billion sector
Dipula Properties is benefitting significantly from its retail portfolio located in underserved areas of the country, including townships.
En savoir plusCheapest province in South Africa to rent a house
The North West is the cheapest province in South Africa to rent a house or apartment, while the Western Cape is the most expensive.
En savoir plusNestlé invests R124 million to boost Southern African cereal production
Nestlé has announced a $7 million (R124 million) investment to expand its cereal manufacturing facility in Harare.
En savoir plusMercedes-Benz factory shutdown in South Africa, and price pain hits households from today
The rand remained stable on Monday following the release of mixed domestic data from the country’s central bank, the revenue service agency, and the National Treasury.
En savoir plusSkubu refill store debuts in South Africa, slashing plastic waste and costs
Reportedly South Africa’s first-of-a-kind refill store, Skubu, with the aim to reduce single-use plastic packaging, has officially launched in Diepsloot, Johannesburg, by Sonke in collaboration with the Council for Scientific and Industrial Research (CSIR) and the Department of Science, Technology, and Innovation (DSTI), under the Circular Economy Demonstration Fund.
En savoir plusSouth African youth expenditure: Promising and pragmatic
Despite concerns about the economy they may inherit, South African youth continue to display resilience by making pragmatic financial decisions. While students were most surprised by the cost of groceries, according to the 2024 Varsity Vibe Student Spend Report, the priorities of the youth remain intact as 58% of their income goes to essentials.
En savoir plusHow green building certification boosts real estate profits
Climate change is often framed as a distant problem for governments to solve, but in reality, the property sector holds one of the biggest levers for impact. Buildings account for nearly 40% of global carbon emissions (UNEP 2023), making developers, owners, and investors central to the climate solution.
En savoir plusForestry sector webinar highlights career pathways for unemployed youth
In celebration of Youth Month, South Africa’s forestry sector placed the spotlight on youth employment opportunities with the launch of the inaugural FSCC Youth Webinar.
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