Friday, 01 May 2020 10:22

Disappointment at S&P downgrade

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

The sudden announcement of the lockdown by President Ramaphosa understandably raised serious and immediate concerns in the building industry.

Thursday, 02 April 2020 21:46

Sisulu calls for a suspension of evictions

The Minister of Human Settlements, Water and Sanitation, Lindiwe Sisulu, has appealed to municipalities and private property owners to suspend evictions during the current lockdown as a result of the COVID-19 pandemic.

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.

Wednesday, 18 March 2020 13:20

Attacq Limited - Response to COVID-19

On 15 March 2020, President Cyril Ramaphosa declared a National State of Disaster in response to the global Covid-19 pandemic.

The Department of Human Settlements has kick-started a series of national public information sessions to ensure that more South Africans become accustomed to the content and purpose of the draft regulations to give effect to the Property Practitioners Act.

As anticipated, President Cyril Ramaphosa spoke to the urgency for economic growth and the need for a serious and sustainable increase in the employment rate in his State of the Nation address last night. 

Herschel Jawitz has cautiously welcomed President Ramaphosa’s State of the Nation address, which addressed most of the critical issues facing the country but not necessarily in enough detail.

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.

The South African Institute of Black Property Practitioners supports the call at the recent State of the Nation Address (SONA) for land reform, and expediting the transformation of the property sector.

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