While the recent PayProp State of the Rental Industry Survey found that the key challenges agents currently face are a shrinking viable tenant pool, lower tenant affordability and high arrears, the Cape Town market continues to march to its own drum according to Lorraine-Marie Dellbridge, rental manager for Lew Geffen Sotheby's International Realty in Cape Town's Southern Suburbs, False Bay and Noordhoek.
The Kaya 959 board of directors is pleased to announce the appointment of Sibongile Mtyali as the new Kaya 959 managing director effective 1 June 2021. Mtyali replaces former managing director who stepped down from his position in December 2020.Issued byKAYA 959
Spur Corporation's recently retired CEO, Pierre Van Tonder, is in critical condition in a Cape Town hospital after an apparent suicide attempt on Sunday.
Pierre Van Tonder
According to a Daily Maverick report, Van Tonder shot himself in the basement of his Sea Point flat on Sunday morning, after a recent struggle with depression.
“Everyone at Spur is devastated at this news of our much-loved former colleague and we are doing all we can to support his family. We ask that everyone give his family space to be by Pierre’s side at this most difficult time,” said Val Nichas, the current CEO of Spur Corporation.
Van Tonder was MD and CEO of the Spur group for 24 years and retired in December 2020.
He joined the restaurant group in 1982 as a junior restaurant manager, and held several senior management positions before he became a director of Spur Steak Ranches and Spur Holdings in 1992.
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