12 Mar 2013

Property & Real Estate

 



SAAF, Denel agree to retain skilled jobs

If there is one thing that is common in SA today, it is a shortage of skills, so it's good news to see that Denel and the SAAF have agreed to retain 139 skilled jobs. So at least sense has prevailed in this instance.

How was that last braai you had? You enjoyed the steaks? Do I hear you say 'nay'? Well, if you found out your tasty steak was actually the last nag in the Bod Raker Handicap at Kenilworth last Saturday, you might not be able to get a payday out of it... Even if you do happen to be an old lady who swallowed a horse....

If you thought the board antics at the SABC was the stuff of soap operas, then SAA's board antics seem to be trying to follow on, as minister of public enterprises Malusi Gigaba says aiKona to South African Airways suspended acting CEO Vuyisile Kona.

And the buck stops... where? Corruption is robbing this country of billions, so it's nice to hear that a new anti-corruption bureau is to fast track cases against public servants. Now, one hopes that will apply across the board - right to the very top... you know... the cabinet, if evidence of corruption is found?

Finally, our very own bright spark, motoring editor Henrie Geyser reckons that the new baby Chevrolets now spark even brighter. Just like Henrie then.

Rod Baker: Content Director

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Property & Real Estate

New board of governors for Estate Agency Affairs Board
Human Settlements Minister Tokyo Sexwale on Thursday announced 15 new governors for the Estate Agency Affairs Board (EAAB). Read more >>

Now on YouTube: Media Career Guide episode with Bizcommunity
[Issued by Bizcommunity] Now available for viewing on small screens everywhere, via Bizcommunity's YouTube channel, is the Media Career Guide TV interview with our editor-at-large, Simone Puterman, which flighted on SABC1 during February 2013. [video] Read more >>  visit press office >>


Commercial

Redefine 'redefines' Fountainhead
Redefine announced on Monday (11 March) that it won't proceed with plans to buy the property portfolio of Fountainhead allowing the board to focus fully on the active management and administration of the company. Read more >>

SABMiller to build new brewery in Namibia
[Zeenat Moorad] The world's second-largest brewer‚ SABMiller (SAB) will begin construction of its planned 260‚000 hectolitre brewery in Namibia next month‚ the company said on Wednesday (6 March). Read more >>

Africa's own silicon valley
The Western Cape is on track to establish itself as Africa's Silicon Valley, which bodes well for the province's drive to become a centre of business excellence, the Cape Chamber of Commerce said last week. Read more >>

Fraudulent practices taking place in the property industry
[Tony Clarke] Although it happens only rarely and the practice is not widespread, there are still some home sellers and buyers who, with the help of their agents, agree to "load" the sale price of the home being bought so as to make it possible for the buyer to qualify for a bond that is large enough to cover the deposit and the transfer fees. Read more >>


Property Management

Fairvest buys half of Sebokeng Plaza
Property company Fairvest is buying 50% of the Sebokeng Plaza for R34m‚ it said on Wednesday (6 March). Read more >>


Rental

Get it in writing: Resolving disputes between tenants and landlords
[Michelle Dickens] When it comes to landlord-tenant disputes, interpreting legal obligations can be tricky. The varying nature of issues that might arise is endless in possibility, which means that there is no well-defined guideline as to how to handle a highly specific set of circumstances. Read more >>

Mahlangu wants market-related rent for govt property
PRETORIA: Gauteng MEC for Infrastructure Development, Qedani Mahlangu, has called on all tenants of state residential and commercial property currently not paying market related rentals to approach the department's Corner House Headquarters in Johannesburg. Read more >>

The many advantages of buy-to-let property investing
[Tony Clarke] In the South African property sector, there is a growing interest in buy-to-let property investment right now - and this makes good sense because the advantages of this type of investment far outweigh its disadvantages. Read more >>


Residential

Students left with no place to stay
The ANC urged the University of KwaZulu-Natal on Monday (11 March) to arrange accommodation for students left with no shelter in Durban during the weekend. Read more >>

R1,4bn to upgrade student accommodation
Historically disadvantaged universities are to receive R1.4bn this year to build new student accommodation and refurbish existing dormitories. Read more >>


People on the move
  • Lew Geffen Sotheby's welcomes Emelia van der Linde - more info


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