The favorable economic environment and stability in the property sector has positive outcome to the local property sector value with the average price for residential properties 11% up to P800K, Market for office space remains weaker due to COVID-19 and Construction developments at Gabs CBD to unlock growth, economic development analysts have said. Read more.
Tags : economic recovery
The Board of Directors of the African Development Bank Group has approved a $20 million flexible loan to finance Seychelles’ Governance and Economic Reforms Support Program, expected to help drive the island nation’s macroeconomic stability and recovery from Covid-19 in the medium-term. Read more.
The lending rate in South Africa is still accommodating to support the recovery of the country’s economy, and The Automotive Original Equipment Manufacturers (OEMs) in partnership with South African government are working towards an acceleration in the development associated with the manufacturing for new energy vehicles in the country. Read more.