The South African Reserve Bank’s Monetary Policy Committee (MPC) raised the key monetary policy interest rate – the repurchase, or repo rate – by 25 basis points from 5,75% to 6% per annum.

The cost of living in the country's economic hub will rise substantially as of July 1.

Well-established property counters have posted strong annual results over the past few weeks.

Property leaders, Hyprop Investments Limited ("Hyprop") and Attacq Limited ("Attacq") have restructured their investment in African Land Investments ("African Land"), whereby Hyprop, through its wholly-owned subsidiary, Hyprop Mauritius,willhold 50% in Manda Hill, African Land's only asset.

The Consumer Price Index (CPI) rate rose to 5.9% in February, Statistics South Africa (Stats SA) said on Wednesday.

Monday, 22 October 2012 10:37

Old Mutual Property: Market Highlights

The September release of the South African Reserve Bank (SARB)’s quarterly bulletin provided some key national accounts and balance of payments data for the second quarter (Q2) of 2012. Of particular significance for the commercial property sector will be the deficit on the current trade account which recorded its largest deficit in nearly four years during Q2 as exports declined, mainly as a result of muted global demand.

Thursday, 09 September 2010 02:00

Property buyers face a bleak 2011

As the global economic outlook remains uncertain, property investors should brace themselves for a slowdown in the capital appreciation of their existing assets.

Wednesday, 01 September 2010 02:00

Redefine unveils private placing results

Redefine International has successfully placed 168,069,337 of its linked units with qualifying investors for an aggregate amount of R955.6m.

The South African Reserve Bank Governor’s recent 0.5% hike in the repo rate has put a dampener on the local equities market, with listed property shares, and Property Unit Trusts (PUTs) in particular, among the victims.

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