There is a need to achieve greater scale in delivery and improve conditions for private-sector investment in social housing, National Treasury pointed out in its 2021 Budget Review.

Finance Minister Tito Mboweni’s budget has been received very positively, as demonstrated by the reaction from markets.

Finance Minister Tito Mboweni faces a tough juggling act this afternoon, when he presents the 2020 Medium Term Budget Policy Statement (MTBPS) in Parliament.

Minister of Human Settlements, Water & Sanitation, the Honourable Lindiwe Sisulu will address the Social Housing Regulatory Authority (SHRA) Investment Seminar taking place virtually this coming Wednesday, 30 September 2020 highlighting the strategic role of social housing in the Human Settlements portfolio.

“Women in SA need to be given the opportunity to participate meaningfully, including in the construction industry,” said Department of Public Works and Infrastructure Minister Patricia de Lille.

Experts are divided on whether the South Africa Reserve Bank (SARB) Monetary Policy Committee (MPC) will hold or decrease the repo rate later this month, according to Finder’s panel of 11 experts.

Government has expressed disappointment at rating agency S&P’s decision to downgrade South Africa’s sovereign rating amidst the COVID-19 pandemic.

South Africa’s economy is expected to grow by 0.9% in 2020, National Treasury said on Wednesday.

From next month, consumers buying property valued at less than R1 million will no longer be required to pay transfer duties, the National Treasury announced on Wednesday.

Sub-1% economic growth insufficient to curb vacancy rate rise and unlikely to prop up real property values at recent levels'.