Suren is an award-winning business journalist, deputy editor of Moneyweb and host of the Property Pod. He has a keen interest in covering the property, retail, state-owned enterprises and tourism sectors.

Real estate investing in Africa and the transition from the mighty dollar

10 May 2022 /  Suren Naidoo
Property pundit Kevin Teeroovengadum speaks about the dollarisation of African real estate assets, why he believes it’s important for the continent to transition to local currencies when investing in the sector, and the need for African countries to develop their own capital markets.

Premium-trading Equites Property Fund reports 5.2% increase in FY dividends

4 May 2022 /  Suren Naidoo
Declares 100% of distributable earnings, but shareholders still have the option to reinvest via group’s dividend reinvestment programme.

Up-for-sale Newlands Rugby Stadium site could make way for mixed-use development

19 Apr 2022 /  Suren Naidoo
There has been a lot of interest from listed and private property entities, landlords and property owners, and some international developers and investors: Wes Cowan, Galetti associate director.

Mr Price in another surprise acquisition, secures R3.3bn controlling stake in Studio 88

13 Apr 2022 /  Suren Naidoo
Latest expansionary move ‘will be fully funded through existing cash resources of the group’.

SA Reit sector shows negative performance for first quarter of 2022

5 Apr 2022 /  Suren Naidoo
Anton de Goede of Coronation Fund Managers discusses the sector’s Q1 performance and shares his views on Reits that published results in the recent reporting season.

Arrie Rautenbach appointed Absa CEO with immediate effect

29 Mar 2022 /  Suren Naidoo
Rautenbach is the group’s first internally appointed CEO since 2006.

Sarb increases repo rate to 4.25%

24 Mar 2022 /  Suren Naidoo
Shying away from an even higher hike in the face of spiralling oil prices amidst the Russia-Ukraine conflict.

SAB to invest R920m in its Prospecton and Ibhayi breweries

24 Mar 2022 /  Suren Naidoo
Group ups local investment commitment to R4.5bn at the latest SA Investment Conference.

Attacq slashes debt, but still no dividends

23 Mar 2022 /  Suren Naidoo
Latest property counter not to declare an interim dividend, together with the likes of Hyprop and Fortress.

Ramaphosa’s reform agenda gets a broadband boost

18 Mar 2022 /  Suren Naidoo
As Icasa concludes ‘historic’ spectrum auction, raking in over R14.4bn for the fiscus.

JSE plunges below 70 000 points on Naspers/Prosus fallout

15 Mar 2022 /  Suren Naidoo
The slide continued on Africa's biggest stock exchange on Tuesday, with the bourse closing over 1.7% down following news of Chinese tech giant Tencent facing a record fine.

Improvon partners with Nedbank to develop R1.3bn Dakota Precinct

15 Mar 2022 /  Suren Naidoo
Stefano Contardo – CEO of the R9bn Africa-focused warehousing, distribution and logistics-focused property developer and investor – speaks about the group’s latest project in Midrand.

Standard Bank’s core SA business ‘bounces back strongly’

11 Mar 2022 /  Suren Naidoo
Boosting the group’s overall 2021 financial performance.

GDP rebound sees Nedbank’s return to paying FY dividends

9 Mar 2022 /  Suren Naidoo
Group’s headline earnings surge 115% to R11.7bn, but remains 7% below 2019 levels.

‘Extraordinary growth in sales and profits’- Shoprite CEO

8 Mar 2022 /  Suren Naidoo
First-half profit surges over 25%, as group sees double-digit increase in sales despite impact of the July unrest in KwaZulu-Natal and parts of Gauteng.

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