The major banks were quick out of the starting block to cut interest rates on Thursday afternoon after the South African Reserve Bank's Monetary Policy Committee (MPC) announced that it was reducing the repo rate by 150 basis points from 13.5% to 12%.

Market reacts positively

PROPERTY unit trust prices – especially the listed loan stock of these companies – have climbed 40% or so over the past few months.

PROPERTY unit trusts are the bright stars in the dark investment universe of the past three years

There is little doubt that the Reserve Bank will reduce interest rates by at least 1 percentage point after its two-day monetary policy committee (MPC) meeting ends tomorrow.

Lack of focus and integration has rendered many waterside designs unsuccessful

GOLDING Commercial Properties, has sold UK commercial property worth £23m to SA and European investors in the past 12 months.

Most economically dynamic province

MONTHLY real wages in the formal sector dropped sharply in February, fuelled by large declines in wages in the transport, storage and communication sectors.

The property market in Johannesburg is shackled because of constant billing problems in the city's revenue services.