5 Feb 2013

Property & Real Estate

 



The wages of sin

No business can survive by selling its products for less than it costs to produce those same products. Hence, Agri SA reckons that the just-announced minimum wages for farmworkers will drive farmers to make tough decisions. As Johannes Möller, president of Agri SA says: "The 52% increase in the minimum wage for farmworkers, as announced by the Minister Oliphant ... will have drastic implications for this sector and related industries." It's also as well for farmworkers and Cosatu to realise once and for all, that it is government that sets the minimum wage.

Police Minister Nathi Mthethwa has vowed to strengthen public order policing, and says public order policing in South Africa needs to reflect the ethos of human rights and dignity. Not before time, but it will be an uphill battle, given the somewhat less than stellar record when it comes to police brutality directed at the public, suspects and protesters... Tatane and Marikana spring to mind.

One cannot help but feel that Eskom knows that they will never get the massive hikes they are demanding, but on the basis of go in high and settle for less, the Eskom public hearings kicked off in Gauteng. More than one player pointed out what impact such hikes will have on poverty, investment and a range of other issues, if granted.

Perhaps one of the first things Eskom could do is stop placing ads on TV telling us how great they are and how they care about us.

Chris Moerdyk asks whether there is light at the end of the Telkom tunnel, and points that perhaps... there is... and that is good news for consumers who for decades have been subjected to call and internet costs that are way out of kilter with what is reasonable.

Rod Baker: Content Director

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Property & Real Estate

Online collaboration software set to revolutionise the property transfer process
[Dawie Verryne] Buying a property is something that most consumers will only go through a few times in their lives. As a result, would-be homeowners have come grudgingly to accept the arduous nature of the property transfer process, taking comfort in the fact that it needn't be undertaken regularly. Read more >>

Confusion surrounds Electric Fence System Compliance Certificates
According to the Electrical Machinery Regulations of 2011, as issued under the Occupational Health and Safety Act 85 of 1993, property sellers now need to obtain Electric Fence System Compliance Certificates, just like they need Electric and Plumbing Certificates and, in the coastal regions, Beetle Certificates. Read more >>

Real estate and the family business
[Linda Erasmus] There is one golden rule in business that actually applies to life in general as well, which should not be ignored by the individuals wanting to make a success of the family business. Read more >>

Win BIG in the BizBigBucks Competition and celebrate Valentine's Day your way!
[Issued by Bizcommunity] Come on, admit, you'd love R5000 in cash, right? Whisk your true love away for a romantic St Valentine's weekend... or not... Maybe it's that set of golf clubs you saw that need your fingerprints all over them... Well, here's your chance to do just that, and it's so easy... Read more >>  visit press office >>


Commercial

SA is selling sub-standard cement say manufacturers
Local cement manufacturers maintain that importers are bringing sub-standard and underweight bags of cement into SA. Read more >>

Green Nedbank keeps getting greener
Nedbank Corporate Property Finance continues to pour money into green buildings after granting a loan to the Improvon Group to buy and install the reticulation on land in Gosforth Business Park, so it can develop the first phase of a warehouse with ancillary offices. Read more >>

Capital Property Fund increases distribution for 2012
[Nick Hedley] Property unit trust Capital Property Fund reported on Wednesday (30 January) a 6.32% increase in total distributions to 69.78c per unit for the year ended December. Read more >>

Lively year expected for property companies
[Nick Hedley] After two years of significant listing activity in the South African property sector‚ industry pundits expect an eventful year in terms of corporate activity among the new listings. Read more >>


Property Management

Revolutionise the property transfer process
Buying a property is something that most consumers will only go through a few times in their lives. As a result, would-be homeowners have come to grudgingly accept the arduous nature of the property transfer process, taking comfort in the fact that it needn't be undertaken regularly. Read more >>

Property Barometer - Emigration and foreign buying
2012 won't go down as one of South Africa's great economic years. It wasn't bad if one looks at overall economic growth for the year. But it was very much a "tale of two halves", with the first half showing reasonable growth, whereas by the thrid quarter there was mounting pressure on the economy from widespread industrial action most notably, though not only, in the mining sector. Read more >>


Rental

New CPA rules entitle a tenant to cancel a lease, but it can be costly
[Wayne Albutt] A fair amount of confusion and dismay has become evident among landlords and tenants following the promulgation of the Consumer Protection Act (CPA), which, among other things, allows a tenant to cancel a lease immediately, no matter what the original agreement specified. This is on the condition that the CPA is deemed to apply to the lease with regards to supplier (landlord) and consumer (tenant) relationships and its relevance in terms of a lease, being a fixed-term agreement, accordingly. Read more >>


Government
Youth wage subsidy jobs plan to go ahead
In a dramatic about turn, the government is set to implement its jobs-for-youth plan despite opposition to it by sections of the ANC and its alliance partners. Read more >>

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