The board of real estate investment trust (Reit) Redefine Properties has resolved not to pay a dividend in respect of the 2020 financial year, in the face of ongoing Covid-19 uncertainty. The board explained in a January 22 statement that it had considered the needs of all stakeholders in the context of a rapidly changing […]

Steel industry association the Steel Tube Export Association of South Africa (STEASA) believes that the fast-tracking of the 50 strategic integrated projects and 12 special projects – announced in the Government Gazette this year – will present “tremendous opportunities” for locally manufactured steel tubes and pipes in various sectors. Engineering News reported in July that […]

With the National Development Plan’s (NDP’s) goals of achieving full employment and eliminating poverty by 2030 already out of reach ahead of the onset of the deadly Covid-19 pandemic, which has since obliterated the plan’s objectives entirely, the outgoing National Planning Commission (NPC) has outlined recommendations for a “course correction” in a 170-page analysis. The […]