31 Jul 2012

Property & Real Estate

 



Nice about the heads, pity about the officials

Basic Education Minister "It's not my fault" Angie Motshekga has praised
Limpopo principals and curriculum advisors for their dedication in the face of what can only be described as a shambles - namely the textbook debacle in Limpopo. Pity she cannot say the same about some of the officials in that province.

On a good note, however, Avusa's matric Q&A supplement is out now - in last Sunday's Sunday Times and tomorrow's Sowetan.

On the manufacturing front, Trade and Industry (dti) Minister Rob Davies says that the best way for Africa to forge ahead and develop is by industrialising. Davies reckons it's the key to spur African growth. Still in the area of manufacturing, Volkswagen's engine plant is firing on all cylinders after an order for 12 000 engines came in from China.

Government, meanwhile, has kindly explained the ins and outs of the "blue light brigade", and how traffic fines relate to state vehicles. So nice to know.

Lastly, Bizcommunity's very own muscle-man in an anorak, Henrie "I am a rock" Geyser gets to grips with the VW Amarok and reckons it's smoother, and it flexes more muscle.

Rod Baker, content director

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Bizcommunity.com revamps recruitment business
Since its launch in 2001, Bizcommunity has always seen the benefit for our readers of having industry jobs available on the site, as well as the benefit to companies looking for applicants and recruiters and recruitment agencies having a targeted audience pool to search for good quality applicants and CVs. Read more >>

Higher tourist numbers help homes market says Ennik
[Greg Kukard] The announcement by Tourism Minister Marthinus van Schalkwyk that the tourist inflow to South Africa rose by 10,5% to 2,2-million in the first quarter of 2012 bodes well for the homes market - particularly if that level is sustained, says Ronald Ennik, chief executive of Gauteng luxury homes marketer Ennik Estates. Read more >>

Pilgrim's restlessness
Pretoria High Court judge Stanley Makgoba on Wednesday, 25 July 2012, questioned the transparency of the process that has led to 17 Pilgrim's Rest business owners receiving notices of eviction from their premises. Read more >>

How media influences property sales
Sometimes it is very difficult to understand the power which the media has over the public. The media is seen as a reliable source of information, and so it is. Even though you do find a lot of journalist that tend to give a bit of 'colour' to a story to make it sell, when it comes to the real estate there isn`t very much 'colouring' in to be done. Read more >>

Demand for retail property by lower income sector
Propertyloan stock firm Synergy Income Fund‚ which specialises in shopping centres catering to lower living standards measure (LSM) sectors‚ estimated on Monday it would take SA's property industry at least five years to catch up with today's demand for retail by lower income consumers. Read more >>

Hotel industry shaken by liquidation
The hotel industry in Durban has been shaken up by the forced liquidation of a boutique hotel management company following claims that its directors misappropriated money and were in effect running the business like a pyramid scheme. Read more >>

Property Management


Property market shows slow but steady growth - Korbitec
The South African property market has continued to show slow but meaningful growth despite a difficult post-debt crisis environment, in which the threat of a double-dip recession still remains a very real possibility. Key indicators suggest that confidence is gradually returning to the market and that a slow road to recovery is imminent. Read more >>

Investors eye Africa property market
South Africa has some interesting new real estate legislation in the pipeline that is destined to have an effect on how investors and property owners operate within the property sector. Read more >>

Property franchise division unveiled
[David Jackson] At the 10th Annual IPD Property Investment Conference, held in Cape Town last week, Liberty Properties introduced its latest offering - the Direct Property Investment Franchise - a new investment franchise created by migrating the asset management arm of Liberty Properties to its asset management unit, Stanlib. Read more >>


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