With the South African Reserve Bank’s announcement of interest rates cut of 100 basis points and earlier transfer duty exemption for properties below R1 million by the Minister of Finance, local regulations have made it attractive for first-time home buyers to enter the market.

In line with market expectation, the Reserve Bank has cut the repo rate by 100 basis points to 5.25% per annum, Governor Lesetja Kganyago announced on Thursday.

The residents of Mzuri, a new residential estate in Somerset West, will not be left in the dark during load shedding, thanks to the developer’s forward-thinking investment in alternative energy options.

The South African Gross Domestic Product (GDP) contracted by 1.4% in the fourth quarter of 2019, Statistics South Africa (Stats SA) has revealed.

Apart from the tax reprieve announced by Finance Minister Tito Mboweni in the National Budget, with no major tax increases and even personal income tax relief across the board.

A number of significant amendments to the City of Cape Town’s Municipal Planning By-laws of 2015 were promulgated this month (3 February), impacting both home owners and property owners in the hospitality industry who offer short-term and holiday accommodation.

Emira Property Fund today reported a 1.7% year-on-year increase in distributions for its half-year ended 31 December 2019, in line with its positive market guidance.

Will electricity supply reliability and cost increases become a key issue again in 2020?

Tuesday, 19 November 2019 10:12

10 Reasons why city living is awesome

The inner city has become an increasingly popular residential choice among various groups, including young families, creative professionals, and entrepreneurs.

President Cyril Ramaphosa says the financial and operational challenges faced by power utility Eskom are not caused by the Independent Power Producer (IPP) programme.

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