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Foreigners continue their pursuit of South African property

Foreign ownership in the local property market has experienced an encouraging upsurge over the last several years. In 2017, property market data and analytics provider Lightstone Property released a foreign investment report that indicated the increased appetite within this buying market. Many postulated that this figure would decrease in the following months, but this was not the case. In fact, analysis of current foreign ownership in South Africa shows an increase of 42% in January 2018 compared to the same period in 2017.

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Cummins eyes fishing sector

Cummins Inc. the largest independent diesel engine manufacturer globally produces both diesel and alternative fuel engines used extensively in transport, mining, construction and as electrical generator sets, are now aggressively targeting an increase in market share of the trawler and fishing vessel market with a range of diesel engines from 2.8 to 95 litres.

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