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There are a few significant changes on the cards for the South African property sector in 2017.

There is a dire shortage of accommodation in Johannesburg for those looking for rentals between R2 000 and R3 000 per month. 

The raising of the threshold for transfer duty on properties sold for less than R900 000, up from R750 000, as announced in today’s National Budget, is positive news as it provides some relief for first time home buyers, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

South Africans can expect growth of 1.3% in 2017, which is expected to improve moderately to over 2% in the medium term, Finance Minister Pravin Gordhan said on Wednesday.

Tuesday, 21 February 2017 17:24

Maerua Mall begins interior upgrade

Maerua Mall, established in 1990, is Windhoek’s original shopping centre. Located close to the heart of Namibia’s capital city and bordering the eastern suburbs, it welcomes over nine million shoppers every year.

Tuesday, 21 February 2017 16:58

Energy efficient ways to light up your garden

The sun might be setting a little earlier than it did at the beginning of the year.

Acquisition of a new a grade retial shopping centre anchored by multi-national tenants with US dollar underpined leases.

South Africa’s Gross Domestic Product (GDP) grew by 0.2% in the third quarter of 2016, Statistics South Africa’s Joe de Beer said on Tuesday.

Financial services company Old Mutual and retailers Ackermans and the Clicks Group have been recognised by the City of Cape Town and its partners for helping to make sustainable progress possible as a result of their efforts to reduce their energy consumption.

Thursday, 27 October 2016 01:08

National Treasury revises growth down to 0.5%

South Africa’s economy has been revised down to grow at a rate of 0.5% in 2016, National Treasury said on Wednesday.

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