The United Kingdom’s Department for International Trade (DIT) says it has the ability to facilitate the provision of billions of Pounds Sterling in lending and guarantees to African countries to help them address a chronic infrastructure backlog that the World Bank estimates to be about US$93 billion a year in the Sub-Saharan region alone.

In January 2018, the FNB House Price Index showed a slowing in year-on-year growth compared with the revised December 2017 rate.

This year marks a significant milestone for the City as the eThekwini Municipality prepares for the much-anticipated start of service of the first route of the new GO!Durban integrated public transport network from Pinetown’s CBD to KwaMashu’s Bridge City.

In a landmark partnership for collective economic growth in South Africa, the Department of Small Business Development (DSBD) is joining forces with Property Point, a Growthpoint Properties initiative, to develop more small businesses for South Africa’s property sector.

Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.

Those hoping for good news for the South African property market in the 2018 budget speech were likely disappointed by the lack of change to the sector’s key influencing factors.

The continent continued to attract new regional and global investment, whilst economic and political events, currency shifts and fluctuating tourism demand brought both risks and rewards to hotel markets across the region.

The Middle East is weak. Europe, Hong Kong, Macau and Canada continue to experience strong price rises. But China, Russia, Japan, and most of the Middle East are experiencing either house price falls - or a sharp deceleration of house price rises

Monday, 26 February 2018 12:41

No wealth tax but taxing the wealthy

In his 2018 Budget Speech, Finance Minister Malusi Gigaba has found a balance between raising taxes on the wealthy, broadening the tax base and providing a safety net for the poor.

In the 4th Quarter 2017 FNB Estate Agent Survey, the secondary home demand percentage was mildly lower than in the prior quarter, representing the 3rd successive quarter of decline.

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