Wednesday, 20 February 2019 19:17

Property insights- Budget week

Minister Tito Mboweni’s 1st Budget is likely to be a “tough” budget, with economic weakness constraining revenues along with a seemingly endless list of urgent spending priorities, some bordering on crises, giving him little room to manoeuvre.

The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than the 2018 Budget estimate of 3.8%.

South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday.

In the 2nd Quarter 2018 FNB Estate Agent Survey Buy-to-Let demand is perceived to be slower of late, along with moderating near term expectations amongst agents.

South Africa’s economy grew by 3.1% in the fourth quarter of 2017 ending the year on a strong footing, Statistics South Africa (Stats SA) announced on Tuesday.

While the South African business sector is faced with many challenges, particularly as a result of uncertainty around the future leadership of the ANC, there is significant opportunity for growth sectors of the local industry during 2018.

Bryte Insurance, a proactive business risk specialist, today released its Construction Activity Monitor for the period ending June 2017.

Thursday, 21 September 2017 22:37

Repo rate remains unchanged at 6.75%

The repo rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.

Friday, 15 September 2017 14:59

SA's current account deficit widens

South Africa’s current account deficit widened to 2.4% in the second quarter of 2017, the Reserve Bank said on Thursday.

Tuesday, 05 September 2017 16:04

SA economy exits technical recession

South Africa’s Gross Domestic Product (GDP) grew by 2.5% in the second quarter of 2017, Statistician General Pali Lehohla said on Tuesday.

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