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PSG Group invests R675m in local property business Amdec

Industry News September 21, 2017

South Africa’s PSG Group spent R675 million ($50.77 million) for a 50% stake in Evergreen Lifestyle, part of local property business Amdec, as it eyes expansion into the lucrative retirement property...

Multi-billion rand hotel investment announcement

Industry News October 5, 2016

The world’s largest hotel company is showing its commitment to the future of South Africa, through a multi-billion Rand investment partnership, with a local developer that will create massive employment opportunities,...

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Cape Business News, founded in 1980, is a specialist online platform that provides business readers with comprehensive news, with extensive coverage of general business trends, events, statistics, new products, services and projects.

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