Real estate industry to explore diversification solutions
Tuesday, October 06, 2015
Responding to Mmegi Business inquiries, REIB president Modiredi Maruping said as an industry and professional body, the institute wants to provide economic solutions that could generate sustainable growth, thereby creating employment and wealth of lifetime for the nation.
“The conference will be focusing on the central district which has the highest growth potential, opportunities in real estate funding, structures and facilities that are supported by local frameworks but are not being provided as solutions, and infrastructure development opportunities and challenges to real estate,” he said.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...