JSE-listed property developer Balwin Properties has increased revenue by 6% to R3.3-billion and group profit by 20% to R437-million for the year ended February 28. The company also declared a final gross dividend of 14.1c a share, bringing the total dividend for the year to 24c, up from 20.9c a share in the 2022 financial year.
The court interdict against residents from Munyaka Estate who were protesting being without power since Sunday restrained them from blocking any authorised activity in the building.