Standard & Poor's Global Ratings has again downgraded SA's foreign and local currency ratings by one notch each to BB and BB+ respectively.

Whether investing in property for long-term returns or for resale in the short term, taxpayers are often faced with the question of how their decisions affect their tax liabilities.

When times are tough and consumer budgets are under pressure we hear a lot about mortgage defaults and home repossessions, but failing to pay your home loan instalments is actually only one of several ways you can cause your home to be attached and auctioned off?

The first month of 2017 saw the value of outstanding credit balances in the South African household sector rising by a much subdued 0,6% year-on-year (y/y) to R1 494,2 billion, after growth of 0,7% y/y at end-2016.

The 2017 national Budget was tabled in the South African Parliament by the Minister of Finance, Pravin Gordhan, on Wednesday, 22 February 2017.  

Wednesday, 22 February 2017 19:01

Good news for affordable housing market

As Finance Minister Pravin Gordhan tabled what appeared to be a pro-poor budget, he has announced that relief will be given to the affordable housing market.

There are several pitfalls one may encounter when attempting to rate VAT at 0% for a commercial property transaction.

Monday, 28 November 2016 23:10

Tsogo Sun hikes payout

Tsogo Sun hikes its interim dividend 10% to 34c per share despite adjusted headline earnings for the 6 months to end-September being static at 88c per share.

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.

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