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‘Zim poised for real estate boom’

Zimbabwe is primed for a real estate and construction boom according to pan-African housing financier — Shelter Afrique — a development expected to drive rapid economic growth in the country, chief executive Mr Andrew Chimpondah has said.


Implementing mortgage guarantee programme to enable home-ownership

Like many other good ideas before it, implementation is a major challenge that close industry watchers say is already affecting the mortgage guarantee programme that has just been introduced.


Growthpoint acquires Capital & Regional for R2.9bn

South Africa’s largest listed real estate company, Growthpoint has signed one of the biggest merger and acquisitions deals yet with a R2.9 billion takeover of U.K based Capital and Regional. Growthpoint Group CEO, Norbert Sasse joins CNBC Africa for more.


Investment experts eye pension funds $500b for projects

Investment experts from Africa and their development partners have weighed the possibility of sourcing about $500 billion from pension funds.


Investec to sell 10% of asset manager in March spin-off

Anglo-South African financial services group Investec will sell about 10% of its asset management business, to be renamed Ninety One, when it is spun off as part of a demerger expected in March.


Housing for poorest Nigerians gets boost as Senate queries FG’s implementation

The Senate on Thursday queried the effort of the Federal Government to implement workable initiatives that could provide adequate shelter to the masses, as it felt irked by the lack of affordable housing for the poorest Nigerians.


Vukile to sell non-retail assets in deal aimed at advancing transformation

JSE-listed Vukile Property Fund will sell its remaining non-retail property assets to Mbako Property Fund in a deal that it says will contribute to economic and gender transformation in the South African property sector.


Advanced Concrete Technologies Launches Fourth Generation Construction Solutions

Nigeria’s premium construction chemicals manufacturer, Advanced Concrete Technologies (ACT) has launched a new range of fourth generation construction solutions – the first and only fourth generation crystalline waterproofing admixtures in Nigeria at the moment.


T-Bill rates crash to 4-year low as investors place N383bn in failed bids

Fixed-income investors seeking high-yielding securities in the light of the prevailing developments in the markets have once again been disappointed, as attempts to buy the federal government short-term debt instruments at attractive rates were denied.


Affordable housing for poorest Nigerians get boost as Senate queries FG’s implementation

Disturbed by lack of affordable housing for poorest Nigerians, the Senate on Thursday queried the effort of the federal government to implement workable initiatives that can provide adequate shelter to the masses.


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