The South African Reserve Bank has just announced that it is holding the repo rate steady, as South Africa battles the second wave of the COVID-19.

JSE-listed Accelerate Property Fund today reported financial results for the six months ended 30 September 2020.

A silver lining amongst the many dark clouds dominating South Africa’s current economy is, thanks to recent interest rate cuts, commercial real estate - especially purpose-built quality logistics assets supporting the ongoing e-commerce boom in the country.

South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced results for the year ended 31 August 2020 against a backdrop of substantial economic headwinds, exacerbated by Covid-19 (or “the pandemic”) related lockdown measures (“the lockdown measures”.)

During the third quarter of 2020 (Q3 20), South Africa’s COVID-19 lockdown moved from Alert Level 3 through to Level 1.

South Africans are not only buying more homes, as the interest rate holds steady at its lowest in more than 50 years, they are also buying “more home”

The record-low interest rate and favourable lending environment has spurred Inospace, a leading owner and operator of business parks, into acquisition mode.

The rand has been surprisingly strong since early April, with a few reversals along the way. What is driving this and how long can it last?

Fairvest Property Holdings Limited (“Fairvest”) today announced results for the year to 30 June 2020, with total distribution for the year of 21.038 cents per share, down 3.4% decrease on the prior year. 

Further repo rate cut would have provided relief for economy and boosted housing market, says Dr Andrew Golding.