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Market news

Published stories attached to the Market news category.

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Page 11 of 48

News

South Africa returns to court over 2,000ha Knoflokskraal land occupation

Public Works Minister Dean Macpherson says the government will ask the Western Cape High Court next week to contain the occupation of about 2,000 hectares of state land at Knoflokskraal, where plots are allegedly being sold illegally and holiday homes built.

News

Ramaphosa releases 2.5 million hectares of state land to black farmers with title deeds

South Africa is releasing about 2.5 million hectares of state-owned land to black farmers with title deeds under the Proactive Land Acquisition Strategy, President Cyril Ramaphosa said in his weekly newsletter.

News

FG, states push single-digit mortgage rates and 35-year repayment at Sokoto housing council

Federal and state governments have backed single-digit mortgage interest rates and a 35-year repayment window at the 15th National Council on Land, Housing and Urban Development in Sokoto, as Nigeria's housing deficit is put at more than 14.5 million units.

News

Ghana startup StashUp builds rent-financing product to tackle advance rent crisis

Accra-based Zongo Technologies is developing StashUp Rent, a product that pays a tenant's full advance rent directly to the landlord, as Ghana's 1963 Rent Act cap of six months' advance goes largely unenforced.

News

Banque Misr extends EGP 10bn financing to Founders Real Estate Marketing

Banque Misr has signed EGP 10 billion in financing agreements with Founders Real Estate Marketing, the marketing arm of Hyde Park Developments, to fund integrated residential, commercial and administrative projects in Egypt.

News

Lagos housing gap widens to over 3.3 million homes, says Sanwo-Olu

Lagos State Governor Babajide Sanwo-Olu says independent estimates put the state's housing gap at more than 3.3 million homes, as his administration reports delivering 10,623 homes over seven years.

News

State Housing Company targets nearly 600 units in 2027 as Surge Homes project opens

The State Housing Company Limited is targeting the delivery of nearly 600 housing units in 2027, its Managing Director John Bawah has said, as the developer opened its 195-unit Surge Homes project at Amrahia in the Greater Accra Region.

News

Court dismisses corruption petition against Lands CS Wahome over Southlands housing project

Kenya’s High Court has dismissed a petition accusing Lands Cabinet Secretary Alice Wahome of corruption, irregular procurement and abuse of office in the Southlands housing project, ruling that the claims were unsubstantiated.

News

Rents, construction costs to shape Nigeria’s property market in Q4 2026 – HDAN

Nigeria’s property market is expected to stay active but increasingly selective in the final quarter of 2026, with rents under pressure, construction costs high and mortgage access still the biggest obstacle, a Housing Development Advocacy Network report says.