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Menlyn Park Shopping Centre to cement its place as Africa’s largest mall

Despite a slowdown in consumer spending across South Africa, Pretoria’s Menlyn Park Shopping Centre is undergoing a R2.5-billion revamp that will make it the largest mall in Africa, unseating Durban’s Gateway Theatre of Shopping. ... Full story

Mara Delta splashes out $40m on coastal resort in Mauritius

Multi-listed Real Estate Investment Trust (Reit), Mara Delta has entered into agreement with Nereide Ltd, a unit of Lux Island Resorts Ltd to buy Tamassa Resort, located in Bel Ombre on the south western coast of Mauritius. ... Full story

Mauritius beats South Africa, ranks most competitive economy in Sub-Saharan Africa

Mauritius is ranked most competitive economy in Sub-Saharan Africa, beating powerhouse South Africa, according to the latest ranking of ‘The Global Competitiveness Index,’ by the World Economic Forum (WEF). ... Full story

Green Building Council SA hits milestone following 200 Green Star certifications

The Green Building Council South Africa (GBCSA) is entering its 10th year of operation on a high note with a milestone 200 buildings rated with Green Star SA certifications. ... Full story

Namibia’s economy Shrank in Second Quarter

WINDHOEK – Namibia’s economy shrunk by 1.2 percent in the second quarter of 2016 compared with a revised 3.4 percent expansion in the first three months of the year, data on the statistics agency’s website showed on Tuesday. ... Full story

Zimbabwe’s bond notes introduction, a setback for property sector

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

Tourism, Airbnb growth boost demand for Cape Town CBD Apartments

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

SA's Murray & Roberts plans grand exit in Construction business

South Africa's largest listed construction group, Murray & Roberts (JSE: MUR) which participated in landmark projects such as the 2010 FIFA World Cup, is to sell its infrastructure and building businesses. ... Full story

PPC's Zimbabwe cement plant nears completion

PPC's cement plant in Zimbabwe is on track for completion this year — with SA’s largest cement maker aiming to increase sales in the rest of Africa. ... Full story

Pan-African property fund confidently invests $110m in Mozambican real estate

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. ... Full story

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