Many South Africans are of the mindset that it is better to purchase their own home - if they can - rather than rent, and effectively pay off someone else’s bond.

Finance Minister Tito Mboweni says the South African Revenue Service will collect R15.4 billion less than earlier projected.

The Firstrand economic team expects a 25 basis point interest rate hike this week when the SARB (South African Reserve Bank) MPC (Monetary Policy Committee) meets to deliberate on interest rates.

As expected, the Monetary Policy Committee kept the repo rate stable, with analysts and market commentators ahead of today’s announcement (24 May 2018) pointing to a more hawkish stance amid a weaker rand.

We expect reasonable growth from global markets this year but within a more volatile environment. We do, however, expect that these headwinds will eventually slow global activity, likely causing growth around the world to disappoint in late 2019 and early 2020.

Renewed energy has been the hallmark of the Gauteng market since the beginning of the year; the change underpinned by a more positive national sentiment prompted by the change in national political leadership.

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

The City of Cape Town, trade unions and a host of civil society organisations opposed Eskom’s request for an average annual increase of 16 percent over five years at Nersa’s hearings on Eskom’s tariff application.