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Market news

Published stories attached to the Market news category.

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Page 5 of 27

News

African contractors urged to capture share of US$330bn construction market

African contractors must position themselves to win a meaningful share of a continental construction market projected to reach US$330 billion by 2031, the Zimbabwe Building Contractors Association says.

Article

South Africa's housing boom could backfire as affordability pressures build

A housing market that performs well for investors can perform poorly for the people who need somewhere to live, writes independent economist John Loos, who argues South Africa should judge the market by supply and affordability, not just capital growth.

News

Inospace opens fulfilment centre in Johannesburg as industrial landlords add services

South Africa's largest privately owned multi-let industrial property company has opened an outsourced fulfilment operation at Electron Exchange in Johannesburg, following a successful rollout in Cape Town.

News

Kenya Army rolls out KDF mortgage scheme to boost homeownership for personnel

The Kenya Army has briefed troops at Kahawa Garrison on a newly established Kenya Defence Forces mortgage scheme that aims to give military personnel and their families structured access to affordable homeownership.

News

FG inaugurates 15-member committee to implement housing sector reforms

Nigeria's housing ministry has set up a 15-member ministerial committee to turn validated stakeholder recommendations into an implementation framework for housing sector reforms, giving it six weeks to deliver a work plan.

News

Bulawayo police hunt suspect after home seekers lose US$83,750 in stand scam

Zimbabwean police are hunting a 40-year-old Bulawayo man accused of defrauding six home seekers of US$83,750 and R143,000 in a residential stand scam dating back to 2017.

Article

Tanzania's 14.3 million buildings expose the scale of its Vision 2050 housing challenge

The Tanzania Building Census 2022 counted 14,348,372 buildings, overwhelmingly low-rise, privately owned homes, highlighting the built-environment gap the country must close to reach its Vision 2050 goals.

Article

Inflation is lifting Lagos property values while making housing less affordable

Rising construction costs and a weaker naira are pushing up Lagos property prices and rents even as many tenants and buyers are priced out, a Lagos estate surveyor argues.

News

Ghana Property & Lifestyle Expo marks 10th anniversary with London launch

The Ghana Property & Lifestyle Expo launched its 10th anniversary edition at Ghana's High Commission in London, marking a decade of connecting diaspora investors with the country's property market.