The ratings agencies have been circling for months with many fearing a downgrading to junk status, and South Africa’s economic growth rate has been narrowed from 0.8% in February to 0.5%.
Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced a solid set of results for the six months ended 31 August 2016.
While much has been made of the proposals contained in the first interim report of the Davis Tax Committee on estate duty, particularly those related to trusts, as well as in this year’s Budget Speech, these structures remain viable and useful instruments.
Economic activity in the property sector contributed R191.4 billion to the economy last year, reveals the Property Sector Charter Council study released on Tuesday 27 May 2014
Prices rose for the seventh consecutive quarter between June and September, but there are signs that the market is slowing. Oliver Knight examines the latest figures.
The South African Property Owners' Association (SAPOA) is pushing ahead with a pivotal initiative to lay bare the current property tax regime in South Africa, with the appointment of Business Enterprise at the University of Pretoria in partnership with specialist consultants Rates Watch (Pty) Ltd.
SOUTH Africa has renegotiated its double tax agreement with Mauritius following earlier concerns by the South African Revenue Service (SARS) and the Treasury that South African multinational were abusing the current treaty negotiated in 1996.

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