After years of attempted collaboration with the Estate Agency Affairs Board (EAAB) to rectify the Board’s ongoing service delivery issues, the Real Estate Business Owners of South Africa (REBOSA) has turned to court action against the regulator.
Biden’s pick of Janet Yellen as U.S. Treasury Secretary will help see stock markets reach record highs during 2021, predicts the CEO of one of the world’s largest independent financial advisory organizations.
The SARB Monetary Policy Committee is set to hold the repo rate at the 19-21 January meeting, according to 93% of economists.
The residential property market is expected to start losing some of its 2020 momentum soon, even though inflation is likely to remain depressed by a number of factors and the Reserve Bank is likely to keep interest rates low until at least 2022.
Repo Rate unchanged – reminding buyers to make the most of the lending rate
57% of economists on Finder’s panel think the repo rate should hold and 43% are in favour of a rate cut.
SAIBPP, South African Institute of Black Property Practitioners, notes with concern the announcement made by President Cyril Ramaphosa on the launch of the Mooikloof MegaCity Development.
The SA REIT Association, the representative umbrella body for South Africa’s listed property sector is rolling out a repositioning strategy and additional capacity to support South African REITs adjust for long-term sustainability.
Amdec announces the development of a R500 million affordable housing estate in Ottery, Cape Town.
The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is welcome news, especially for first-time property buyers.
The legendary founder and pioneering property investor and developer Marc Wainer had retired from the company at the end of August 2019.
Marina Constas, BBM LAW Following the declaration of a national state of disaster by President Cyril Ramaphosa to curb the spread of Covid-19 in South Africa, the trustees and directors of community schemes like townhouse complexes, retirement villages and residential estates must ensure that the measures implemented by the President are complied with, says specialist […]
By Carl Coetzee, BetterBond CEO On Sunday night President Cyril Ramaphosa addressed the nation about coronavirus, declaring the outbreak of Covid-19 a national disaster in terms of the Disaster Management Act. He assured us that all necessary measures and systems will be mobilised to contain the spread of the virus and to limit the effect […]
Land reform is a prevalent concept in the documents of various political parties contending for governance in South Africa. Not only does mentioning this concept win parties some votes, but leads to panic for most of South African citizens. It massively frightens businesses, property owners, farmers etc. Comments about land reform in the country are […]