insert_link World Raising revenue from land: what African cities might learn from Hong Kong’s unique land-lease system By Astrid R.N. Haas, University of Toronto Land prices across many African cities are soaring. This is because land is a city’s key asset. As urbanisation progresses, demand for land will rise, and therefore so will land prices, because the supply of land in cities is limited. Investments in public infrastructure, and zoning regulations that convert land to alternative uses, will also boost land value. In fact, […] todayAugust 12, 2024 15
insert_link Business / Economics Rising interest rates drive demand for extended rental agreements The FNB Rent Price Index has remained positive for two consecutive quarters, reaching a 12-month average of 4.7% in quarter three of 2023. The average rent price on a 12-month rolling basis is N$7 177. The bank’s Economist Ruusa Nandago says individuals are delaying property purchases and choosing extended rentals due to higher interest rates and affordability challenges. todayJanuary 29, 2024 41
