Commenting on the decision by the Monetary Policy Committee meeting to keep the repo rate steady, Dr Andrew Golding, CE of the Pam Golding Property Group points out that while this contains inflation, a rate cut would have been a welcome move.
24 May 2013 10:55
On 15 May 2013, the 45th annual SAPOA International Convention and Property Exhibition at Sun City saw the announcement of the winners of this year's SAPOA Property Journalism Awards, recognising high achievers in SA's property media.
24 May 2013 10:51
Protea Hotels' chief executive Arthur Gillis is not happy about the 60% room occupancy levels across SA's hotel industry.
24 May 2013 09:28
Bill Rawson, chairman of the Rawson Property Group, says the decline in numbers of estate agents in South Africa could have problematic consequences for the industry. In three years, the numbers have dropped from over 90,000 to leave a relatively small and exclusive group of about 30,000 highly qualified individuals who could in effect corner the market and subsequently become complacent, resulting in poorer service delivery, says Rawson.
24 May 2013 09:46
Many people applying for bonds overlook two fundamental facts about the process and banks' credit criteria. This is according to Mike van Alphen, national manager for Rawson Finance, the Rawson Property Group's bond origination division.
24 May 2013 09:20
HARARE, ZIMBABWE: The Zimbabwe government vowed on Wednesday (22 May) it would not roll back on plans to seize 28,000 hectares of land leased to a local subsidiary of the platinum-mining giant Impala Platinum.
23 May 2013 10:56
The Office of the Ombudsman for Short-Term Insurance received 9‚123 complaints against insurers in 2012‚ an increase of 1.7% over 2011‚ according to the watchdog's latest annual report.
23 May 2013 10:14
Rebosis Property Fund on Wednesday (22 May) reported overwhelming support from its linked unit-holders with 99.9% of votes cast approving the fund's capital raising scheme to buy the Nthwese property portfolio.
23 May 2013 09:17
[Nick Hedley] Growthpoint Properties said on Tuesday (21 May) it was wants to raise R2.5bn by issuing new Growthpoint-linked units.
22 May 2013 08:32
The best practice management of South Africa's R800-billion secure gated residential sector will be the focus of estate managers from all over the country when they converge on Joburg for the first national management conference, from 29 to 31 May 2013, at the Eagle Canyon Golf Estate in the north-west of the greater Johannesburg area.
22 May 2013 06:21
Total income for SA's tourist accommodation sector rose by 15.9% year-on-year in March‚ Statistics SA's (Stats SA) tourist accommodation survey released on Monday (20 May) showed.
21 May 2013 09:56Omwieco has been approached by Investec Private Bank to take over the development of a liquidated estate and has agreed to embark on this venture as the project developer for the Onverwacht Estate. Its vision for the estate is for it to become the catalyst in integrating the Eastern Growth Region of the Helderberg Basin.
20 May 2013 14:43Private Property[Issued by Private Property] There are dozens of obvious and practical reasons why many individuals, families as well as businesses, rent property. For a start, renting provides the tenant with the benefits of fairly fast availability and choice. Although some may argue to the contrary, the flexibility enjoyed by tenants as a result of renting should be appreciated, as well as the relative freedom from unexpected or hidden costs and sudden market crashes. Tenants and landlords should enter into agreements with the intention of giving as well as getting reasonable value. In many cases, the attitude with which one approaches a deal will determine its long-term (or possibly short-term) viability and success.
20 May 2013 11:56 
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