Although South Africa’s construction industry remains a major economic engine, the industry has struggled to maintain pre-2010 highs, when World Cup-related work kept annual growth in double digits. The years since have been marked by project delays, labour unrest and a subdued macroeconomic environment which saw figures for employment,...
Although South Africa’s construction industry remains a major economic engine, the industry has struggled to maintain pre-2010 highs, when work related to the 2010 FIFA World Cup propelled sector growth into the double digits. The interim has been marked by project delays, labour unrest and a subdued macroeconomic environment, which saw employment figures, profits and new projects decline in...
The second-largest economy in Africa after Nigeria, South Africa benefits from some of the most sophisticated financial markets in the world, paired with a robust regulatory system, and is also home to the headquarters of a number of major multinational players in the fields of industry, energy and financial services.
Real estate developers are quietly optimistic that new projects and a steady flow of investments into Iskandar Malaysia, the multi-purpose development zone in the southern state of Johor, will boost investor interest in property in the region, particularly in the overstocked residential segment.
As Ghana’s economy has garnered increasing international attention over the past few years, so has its previously rather overlooked real estate sector. Foreign investors have come in to finance office blocks, malls and residential development, bringing muchneeded modern property onto an undersupplied market. While the economic slowdown in 2014...
Like many emerging markets with fast-growing populations, Ghana faces a housing shortage. It must tackle a crunch between a public sector with limited resources to provide social housing and a private sector that sees little profitably in such developments.
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