Traders are waiting for Iran’s response to a nuclear deal proposal that could raise the country’s exports
There’s no need for fancy large-scale equipment or out of town contractors
Some in the industry believe a ban on the export of scrap will mean a more competitive steel industry, with lower prices passed on to consumers
Voting for the top five positions of the provincial leadership continued late into Sunday evening
Nevertheless, the bank says it has ‘an exceptional amount of capital’ on its balance sheet to withstand a potentially tougher economic climate
An employee at the Kruger National Park opened a case at the Skukuza police station in Mpumalanga
Four electoral commissioners disown result and shots fired as Odinga supporters storm podium
Skipper Kolisi says they would have loved momentum ‘but we can’t let our heads drop for long’
Porsche Taycan Turbo S laps the famous German circuit in seven minutes and 33 seconds
South African commercial property investors have traditionally not been active in the US, the world’s largest market, but initial success achieved by Emira Property Fund there has started to inspire others.
South African companies had avoided the US in the past due to numerous challenges including time-zone differences, having insufficient capital to make significant investments and a lack of market knowledge. But recently they have decided they can invest in partnership with US companies in specialised real estate markets. One of the South African companies that believes it can succeed in the US is privately owned property investment and development company Stonewood Alchemy Real Estate, which is growing its portfolio in the US.
In a $85m deal, the group led by director Eldon Beinart; its US partner, Denver-based EastSide Investment Partners; and South African investors bought 16 extended-stay style American hotels in Texas and Oklahoma in 2018 under the Extended Stay America brand...
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