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Building confidence rising – FNB/BER

The FNB/BER building confidence index rose by four index points to a new four-year high of 41 in the second quarter this year. The index is up from 37 index points in the first quarter. According to the latest report, issued on Wednesday, this marks the highest reading of the index since 2008 and the […]

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First Pelican Park residents receive keys to new homes

The first residents of the Pelican Park integrated development have received their keys, in a significant milestone in the construction of one of Cape Town’s biggest housing development projects. The environmentally-friendly development, which is situated between Zeekoevlei and Strandfontein Road on False Bay, will eventually include over 2 100 State-subsidised houses, 696 single-storey semi-detached GAP […]

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Housing scam probe recovers R10.6m

Durban – An investigation into a housing scam has led to the recovery of more than R10.6 million in subsidies, which unscrupulous government employees defrauded from the provincial government through their illegal occupation of low-cost houses. This emerged when KwaZulu-Natal Human Settlements MEC Ravi Pillay gave his budget speech to the provincial legislature in Pietermaritzburg […]

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Govt to soon hand over Mandela Legacy bridge

Pretoria – Government will soon handover the Nkosi Dalibhunga Mandela Legacy Bridge constructed at former President Nelson Mandela’s birthplace, Mvezo village, in the Eastern Cape. “We will soon hand over a 141m long bridge over the Mbhashe River, which is dedicated to the world’s greatest bridge-builder,” said Rural Development and Land Reform Minister, Gugile Nkwinti, when […]

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Auction Alliance in court over failed property transaction

Embattled auction house Auction Alliance is on the receiving end of another court action – instituted in the Western Cape High Court by a businessman who is also the chairman of golf course construction and design company Golf Data. The case, which was settled before the court had an opportunity to decide the merits, centred […]

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