News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Land Reform and Rural Development Minister Mzwanele Nyhontso told Parliament the latest figures date from a 2017 audit that found foreign nationals owned 0.56% of South Africa's land, and that new legislation on foreign landholding is being drafted.
Public Works Minister Dean Macpherson says the department will refurbish all nine buildings in the long-vacant Telkom Towers precinct, with a Request for Information due to the market as early as next week.
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.
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.
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.
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.
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.
The City of Cape Town has approved closing the R7.6-million Seawinds park in Overcome Heights so the site can be used for the Overcome Heights Housing Project.
Kenya's affordable housing programme absorbed Sh122.2 billion in the 2025-26 financial year but completed and handed over only 1,836 units, the Controller of Budget's latest review shows.