SA's already booming shopping centre industry will be boosted by the
construction of what is set to become the biggest mall in Africa.
The mammoth Mall of Africa, due to open for business in April next
year, will be the crowning glory of South Africa’s strong shopping
centre industry. The country already ranks in the global top 10 in
terms of highest number of shopping centres as well as total floor
space.
According to research from Urban Studies, which conducts feasibility
studies for shopping centres, South Africa has the highest number of
shopping centres in the world after the United States, Japan, China,
Canada and the United Kingdom. South Africa ranks sixth in the world
when it comes to number of shopping centres, with over 2 000 shopping
centres. When it comes to floor space South Africa ranks 7th highest
globally, with 23-million square metres.
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