Finance Minister Enoch Godongwana delivered his maiden budget speech yesterday with few surprises. A R181 billion tax windfall, primarily as a result of a commodities boom, has helped to improve the state’s fiscal situation.

Emira Property Fund (JSE: EMI) declared a final dividend of 66.65 cents per share, taking the dividend for its full financial year to 30 June 2021 to 118.65 cents per share - up 13.7% on the previous year.

Wednesday, 25 August 2021 13:55

What to make of negative interest rates

A decade ago, few of us would have contemplated the idea of negative monetary policy rates, let alone negative market-determined bond yields.

Consulting Engineers South Africa (CESA) strongly condemns the actions of vandals and the continued opportunism exercised by criminal elements and political opponents that are currently running amok destroying the lives and livelihoods of citizens. 

According to a recent report, Africa needs 700 data centre facilities to meet growing demand for capacity and density in today’s digitally-driven operating environment.

Yael Geffen, CEO of Lew Geffen Sotheby’s International Realty, welcomed the government backtracking in this budget speech on its earlier decision to increase personal income tax, as well as providing a further R2.2 billion in tax relief through raising personal income tax brackets and rebates by 5%.

Thursday, 25 February 2021 09:38

Optimistic budget masks a number of key risks

Finance Minister Tito Mboweni’s budget has been received very positively, as demonstrated by the reaction from markets.

The South African Institute of Valuers (SAIV) has welcomed the State of the Nation Address (SONA) by President Cyril Ramaphosa on Thursday, 11 February.

President Cyril Ramaphosa’s State of the Nation address was lacklustre at best, failing dismally to reassure investors that the country has tangible short- to medium-term plans to effect an economic turn-around, comments Joff van Reenen, Director of specialist real estate auction company, High Street Auctions.

The Minister of Human Settlements, Water and Sanitation, Lindiwe Sisulu has issued a clarion call to potential investors including the banking institutions to assist government’s efforts in meeting the demand for social housing units by investing into social housing projects. Sisulu says the investment opportunities are spread across the country’s metros. 

Page 1 of 72

Most Popular

Impact of fuel price increase on commercial property

Jun 02, 2022
John Loos
It is well-known that the cumulative fuel price increase has added significantly to…

Fluxmans signs long lease with Growthpoint Properties for Illovo Corner offices

Jun 02, 2022
Illovo Corner
South African law firm Fluxmans has signed a long lease with Growthpoint Properties (JSE:…

Rebosis Property Fund bids farewell to Dr Anna Mokgokong, the founding independent non-executive director and chairperson

Jun 02, 2022
Dr.-Anna-Mokgokong
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

A strategic pillar of GMI Property Group is developing retail centres with the vision to drive growth

May 26, 2022
SkyCity Mall
A strategic pillar of GMI Property Group is developing retail centres with the vision to…

Rebosis reports improved operational performance for six months to end February 2022; focus remains on portfolio optimisation

Jun 01, 2022
Otis Tshabalala Rebosis Property Fund
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

Please publish modules in offcanvas position.