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

Edcon gets lifeline from the public, landlords and lenders

2 Mar 2019 /  Suren Naidoo   15
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

1 Mar 2019 /  Suren Naidoo   5
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

28 Feb 2019 /  Suren Naidoo   16
Toy shop chain has already closed one of its biggest stores.

Failing retailers a headache for Liberty Two Degrees

26 Feb 2019 /  Suren Naidoo  
Retail vacancies down and trading densities up as space vacated by Stuttafords is filled.

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

25 Feb 2019 /  Suren Naidoo   11
Billionaire boss pledged the high-tech investment during Ramaphosa’s investment summit in October.

Restructured Resilient posts lower dividends

18 Feb 2019 /  Suren Naidoo   1
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

18 Feb 2019 /  Suren Naidoo  
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

UPDATE
15 Feb 2019 /  Suren Naidoo   18
Settlement brings final end to 14-year spat.

US props up Emira distributions

14 Feb 2019 /  Suren Naidoo  
Had Emira not invested in the US, its half-year distributions would have showed barely any growth.

Reits on the recovery path

12 Feb 2019 /  Suren Naidoo   6
Sector up 9.17% in January, sparking talk of a rerating.

Land reform not driving farm sales

7 Feb 2019 /  Suren Naidoo   20
Policy uncertainty remains a concern, but farmers continue to invest.

Edcon continues ‘downsizing’ stores as it awaits R3bn lifeline

4 Feb 2019 /  Suren Naidoo   5
Retailer closes 115 stores and reduces retail space by 7% in 18 months.

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

25 Jan 2019 /  Suren Naidoo   13
'Complete lifestyle destination' set to take title from Carlton Centre.

Limpopo plans multi-million rand marula hub

23 Jan 2019 /  Suren Naidoo   9
Rural communities have cultivated the wild fruit, known as the ‘elephant fruit’, for centuries.

Start-up property fund eyes student accommodation gap

23 Jan 2019 /  Suren Naidoo   13
Inkunzi Wealth founder plans to raise R250m privately for student housing development.
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