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Suren is a passionate young South African business journalist with a keen interest in property, tourism, retail, media and sports.

Hyprop dividend hit by up-for-sale Nigerian and Ghanaian assets

Impairment costs of just over one billion rand, following downward adjustments in the value of its stakes in sub-Saharan African property assets.

Edcon gets lifeline from the public, landlords and lenders

Groundbreaking R2.7bn deal will see the PIC, through the UIF, landlords and existing secured lenders rescue the retail giant.

Massmart results ‘disappointing’, says CEO Guy Hayward

SA’s tough economic environment blamed for the poor showing, but R161 million in restructuring costs also hurt the group’s earnings.

Hamleys SA in business rescue as malls face more headwinds

Toy shop chain has already closed one of its biggest stores.

Failing retailers a headache for Liberty Two Degrees

Retail vacancies down and trading densities up as space vacated by Stuttafords is filled.

Mara Group to open R1.5bn smartphone factory in SA

Billionaire boss pledged the high-tech investment during Ramaphosa’s investment summit in October.

Restructured Resilient posts lower dividends

Company calls for swift conclusion to investigation into alleged share-price manipulation.

Grit to retain JSE listing as it eyes inclusion in SA property index

Following its LSE listing, the fund has grown the value of its portfolio to around $800m.

Comair R1bn SAA windfall another financial blow for SAA

Settlement brings final end to 14-year spat.

US props up Emira distributions

Had Emira not invested in the US, its half-year distributions would have showed barely any growth.

Reits on the recovery path

Sector up 9.17% in January, sparking talk of a rerating.

Land reform not driving farm sales

Policy uncertainty remains a concern, but farmers continue to invest.

Edcon continues ‘downsizing’ stores as it awaits R3bn lifeline

Retailer closes 115 stores and reduces retail space by 7% in 18 months.

Sandton’s R3bn Leonardo will be Africa’s tallest skyscraper

‘Complete lifestyle destination’ set to take title from Carlton Centre.

Limpopo plans multi-million rand marula hub

Rural communities have cultivated the wild fruit, known as the ‘elephant fruit’, for centuries.
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