“In an unexpected but welcome announcement, the Monetary Policy Committee today (14 April 2020) announced a further 100bps cut in the repo rate, reducing it to just 4.25%.

The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has cut the interest rate by 100 basis points.

The Property Industry Group has announced an industry-wide assistance and relief package for retail tenants that are hardest hit by complying with South Africa’s lockdown in the face of the COVID-19 pandemic.

Currently we all speak from a position of absolute ignorance.

The Minister of Human Settlements, Water and Sanitation, Lindiwe Sisulu, has appealed to municipalities and private property owners to suspend evictions during the current lockdown as a result of the COVID-19 pandemic.

Dube TradePort Special Economic Zone is poised to introduce to the Durban property market a R90 million mini-factory complex development, providing the ideal platform for Small, Medium and Micro Enterprises (SMMEs) requiring small-scale manufacturing and office space. 

As the global community is grappling with COVID-19 and its ramifications, parties to commercial agreements have not been spared from panic in respect of the adverse effects of COVID-19 on commercial agreements.

The Moody’s downgrade of South Africa’s credit rating should have happened long ago.

Government has identified 17 land parcels for resettlement purposes for people who stay in informal settlements should the need arise, as the country deals with the spread of COVID-19.

As we are all too aware, as a business (or property) owner, the current power crisis in South Africa is having an extremely negative impact on many levels.