Growth in the value of outstanding credit balances in the South African household sector was on a rising trend in the first seven months of 2018, with these balances amounting to a total of R1 587,5 billion at the end of this period.

The 4th South African Women in Property Awards (SAWIPA) hosted their Gauteng Regional Awards at the Sanlam Art Gallery on the 22nd August 2018, where members of the Women’s Property Network (WPN) and women in the property industry were in attendance.

The planning phase of residential building activity improved in the first half of 2018, but the construction phase contracted sharply.

Cape Town, South Africa, 1 August 2018 – Women’s Property Network (WPN) hosted the Western Cape region for the fourth annual South African Women in Property Awards (SAWIPA), in conjunction with Airports Company South Africa (ACSA).

Uptick in household credit and mortgage balances growth in the first half of 2018, while home loan repayment patterns were divergent across income categories in the twelve months up to mid-2018

The South African Institute of Black Property Practitioners (SAIBPP) will be hosting its annual convention taking place between 7-8 August 2018.

Tuesday, 03 July 2018 19:20

Household credit and mortgage balances

Growth in the value of outstanding credit balances in the South African household sector (R1 574,0 billion) was relatively stable at 4,2% year-on-year (y/y) up to the end of May 2018 compared with 4,1% y/y at end-April as a result of little change in both secured and unsecured credit balances growth.

Residential building activity in the planning phase improved, with the construction phase contracting in the first four months of 2018.

The announcement on the 15 June 2018 that Basil Read Construction is applying for business rescue is a clear indication of the critical state of the construction industry, says Mohau Mphomela, Executive Director, Master Builders Association North.

Saturday, 02 June 2018 01:51

Kzn's time to shine

South Africa’s eastern province of KwaZulu-Natal, with its diverse culture, year-long sublime climate and abundant natural heritage sites and attractions, has the pull power to bring even more international and domestic tourists to its shores, and has the most potential nationwide to become the tourism capital of the country.

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