12 Feb 2013

Property & Real Estate

 



SA business school ranks among world's best

Our basic education system might be, what many people reckon, somewhat of a shipwreck, but there are centres of excellence of which we can be very proud. In this case it is UCT's Graduate School of Business that is one of them - it has held its ground in two global MBA ratings.

There's always someone, isn't there... So beware of any messages you get from "SARS", the genuine one of which has issued a scam warning to taxpayers. SARS (the genuine one) says taxpayers should be wary of a scam using the SA Revenue Service (SARS) logo to defraud people.

"Members of the public are randomly emailed with spoof emails made to look as if these come from SARS, but are in fact fraudulent emails aimed at enticing unsuspecting taxpayers to part with personal information, such as bank account details," SARS spokesman, Marika Muller said.

It was pretty obvious, wasn't it... When you add more than 50% to a wage bill, something has got to give, and in this case, it was farmers giving... retrenchment notices...
So farmworkers are losing their jobs after the wage hike.

Agriculture has shed hundreds of thousands of jobs since minimum wages were first implemented in 2000 and analysts warn that thousands more will be lost when the new wage, increased by 50% by Labour Minister Mildred Oliphant, comes into effect on 1 March 2013.

But to rub salt into the wound, the Department of Labour has cautioned non-compliant farmers and says action will be taken against employers who do not comply with the new sectoral determination for farmworkers.

Finally, our very own champion, motoring editor Henrie Geyser, reckons the new Golf 7 has champion stamped all over it.

Rod Baker: Content Director

Submit your company news to propertynews@bizcommunity.com. Exclusive contributions may be sent to contributors-property@bizcommunity.com.

Top stories


Editorial news

Property & Real Estate

End of transition period for compliance with new Companies Act: what it means for HOAs
The new Companies Act came into force on 1 May 2011. All of the new act's provisions to do with directors' duties, conduct and liability, members' rights to receive notice or have access to information, directors' and members' meetings and the adoption of resolutions automatically applied from that date. Any other provisions of the company's memorandum of incorporation (MOI) that were in conflict with the new act still applied, but only for the duration of the "transition period", which ends on 30 April 2013. Read more >>

Auctioneers face dual challenge when auctioning property
"Most auctioneers today," says Tanya Jovanovski, franchisee for Rawson Auctions in the Western Cape, "find that it is not difficult to get stock, however getting a realistic reserve price can be a real challenge." Read more >>

The bond cancellation notice clause
Despite regular warnings from a wide cross section of property sector spokespeople time and again, home sellers fail to give the banks the obligatory 90 day notice - and then end up paying a penalty for not doing so. Read more >>

Buying a house? Your credit rating is the most important asset
If you're thinking about buying your first home, get your financial affairs in order as soon as possible. You need a clean credit record to secure a home loan. Read more >>


Commercial

Sanlam's sub-Saharan fund launches soon
[Nick Hedley] Financial services group Sanlam is due to launch its sub-Saharan Africa Real Estate Fund at the end of March‚ which it intends to list on the Stock Exchange of Mauritius. Read more >>


Property Management

Time to revisit the five year rule says Richard Gray, Harcourts Real Estate
It's time to the revisit the five year rule for buying a home, says Richard Gray, CEO of Harcourts Real Estate. Speaking after the release of FNB's first Property Barometer for 2013, which shows that the average house price in South Africa for 2012 as a whole rose by 5% compared with 2011, Gray said home buyers needed to take a longer term view than they had since the country's real estate boom, which peaked in 2008. Read more >>


Residential

Continued low interest rates beneficial to SA housing sector
The South African Reserve Banks' decision to hold the repo rate at 5%, although almost universally anticipated, will help bolster the residential property market for the foreseeable future, says Bill Rawson, chairman of the Rawson Property Group. Read more >>

Beneficiaries encouraged to value their low cost houses
PRETORIA: North West MEC for Human Settlements, Public Safety and Liaison, Nono Maloyi, has called on beneficiaries of low cost houses to treasure their RDP houses and turn them into homes that their families will enjoy for generations. Read more >>

Home sweet home, with love from your Valentine
[Issued by Private Property] Privateproperty.co.za says that owning property is a great idea if you're looking to attract a life partner. This seemingly whimsical notion is backed up by a recent survey, in which an overwhelming majority of respondents said that potential partners are more attractive to them if they already own a home. Read more >>  visit press office >>


International
Vast casino project for Spain
MADRID, SPAIN: US firm Las Vegas Sands said on Friday (8 February) that it will go ahead with the construction of a vast casino project near Madrid which could create up to 200,000 jobs, the Madrid regional government said. Read more >>

More International...


Jobs offered
Executive PA - Dunkeld West
If you have solid executive PA experience and know how to maximise a two busy executives' working day to the full, you could be our perfect match. Read more >>


Click here to customise your jobs section


All industry news

Marketing & Media


Medical


Retail


Government


Mining


CSI


Finance & Insurance


Agriculture, Horticulture & Forestry


Arts & Entertainment


Building & Construction


Environment & Conservation


Human Resources & Recruitment


Legal


Manufacturing


Security & Military


Education & Training


Tourism, Travel & Hospitality


IT & Telecommunications


Maritime & Fishing


Sport


Logistics


Science & Technology


Lifestyle


Automotive


Print - Print any item in this newsletter.
Email - Email any item in this newsletter.
Comment - Comment on any item in this newsletter.




Today's weather

Cpt

30°C
17°C
Jhb

29°C
16°C
PE

28°C
19°C
Dur

26°C
21°C
Bloem

31°C
14°C

Click here to customise weather


Jobs offered


Click here to customise your jobs section

New people on biz

Sue Jagesur
Real Estate Manager at Bata
Tarun Shienh
Managing Director at Premia Projects Ltd
Wernich Crause
P.A / Admin clerk at Real Ridge Realtors
Mulalo Ratshibai
Sales Excecutive at Grofo Properties
Rosemary Gough
Operational Manager at Asetian Property

Industry sectors



Follow us

       
Press releases: Distribute your news professionally to over 170 000 subscribers across various industries. Read more about our press offices.

Editorial: We welcome your news, views and comments! Email press releases, invitations, interview requests, and proposals to propertynews@bizcommunity.com and exclusive opinion pieces to contributors-property@bizcommunity.com.

Advertising: We welcome your sales enquiries! Email sales@bizcommunity.com and read more about our advertising rates.

Location: Cape Town (head office): tel +27 (0)21 680 3500 | 24 On Main, Main Street, Rosebank, Cape Town, 7700, South Africa. Johannesburg: tel +27 (0)11 612 3003 | Sutton Square, The Business Centre, 8 Gemsbok Road, corner 12th Avenue, Rivonia, Gauteng.

Subscribe/unsubscribe: Invite your friends, colleagues, suppliers, customers and partners to subscribe!


© 2013 Bizcommunity.com. All rights reserved.
Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein.

Unsubscribe, Manage subscriptions. Subscribe. Change email address. Change frequency to DAILY.