9 Apr 2013

Property & Real Estate



Horn o' puke

In a bid to counter rhino poaching for their horns, the horns are being given non-lethal toxic infusions so that consumers overseas will risk becoming seriously ill. There are many people in this country who probably wish that the infusions were lethal, so that the trade dries up altogether.

Meanwhile, our president is a bit miffed over what he terms newspapers' 'selective' reporting. Well, what about giving us a complete and believable account of how 13 of our troops ended up dead in the CAR?

Have you flown SAA recently? No, nor have I - but quite a bit of my tax monies are going to the airline anyway. One who is not taking it lying down is Comair's Erik Venter, who's flying high as his court battle looms. Quite rightly, in the eyes of a great many people, he's sick of seeing our inefficiently run national carrier being bailed out by the billions. Private and state airlines in SA should compete on a level playing field - and that's not what is happening now.

Feeling like you're being taxed into poverty? Join the club - because you have contributed your bit to SARS collecting R814bn in taxes for the 2012/13 fiscal year. That's R4bn more than what Finance Minister Pravin Gordhan had projected when he delivered the National Budget in February.

Any chance firm measures - more than merely meaningless words - can be taken to ensure ALL of our hard-earned cash is used properly? You know... not stolen, not misspent, not wasted on new ministers' cars and luxury travel and luxury accommodation... and parties?

Finally, Zando.co.za, together with its partners Bizcommunity.com, Build-A-Bear Workshop, CourierIT, Dialogue and Infidels have set up a campaign to get those less fortunate school kids shoes in time for winter. Join in - do the right thing.

Rod Baker: Content Director

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

Top stories

FNB survey finds that residential property demand is increasing
[Tony Clarke] The latest FNB Property Barometer, issued on 19 March, has encouraging news for residential property investors. Its findings tie in with those of the Rawson Property Group, which is now looking at a 36% year-on-year increase in sales turnover. Read more >>


Editorial news

Property & Real Estate
High rates hinder appreciation in the upper price bracket
[Bill Rawson] The unprecedented rises in Cape Town's rates and taxes on residential property, especially those in the upper price brackets, will inevitably mean that the city's more expensive homes will not appreciate significantly in value in the next one to two years. Read more >>

Tshwane to accelerate land restoration process
[Nthambeleni Gabara] PRETORIA: The executive mayor of the City of Tshwane, Kgosientso Ramokgopa, has vowed to accelerate the process of restoring land to the dispossessed people. Read more >>

What collaterals could banks find acceptable for bond applicants?
[Mike van Alphen] Rawson Finance, the Rawson Property Group's bond origination division, is currently involved in a research exercise to establish what collaterals, if any, the South African banks might accept from mortgage bond applicants - and the good news is that the banks are proving to be exceptionally helpful and surprisingly flexible in their approach to this tricky subject. Read more >>


Commercial
Redefine to 'redefine' Fountainhead
[Nick Hedley] Redefine Properties has a number of plans for Fountainhead Property Trust's assets and structure‚ which it is comfortable it can implement given how it is placed to block Growthpoint Properties' bid for Fountainhead's assets. Read more >>

Sugar farmers seek assurances over land
The government could bring greater stability to the agricultural sector if it speeds up the settlement of gazetted land claims in the sugar industry, which is reeling because of unresolved cases affecting 40% of commercial, productive cane farms, according to the South African Sugar Association (Sasa). Read more >>


Property Management
Durban's Golden Mile gets R220 million investment
Tsogo Sun has announced the refurbishment, consolidation and relaunch of the Southern Sun Elangeni and Southern Sun North Beach hotels into one magnificent complex - Southern Sun Elangeni & Maharani. Read more >>


Residential
FNB survey finds that residential property demand is increasing
[Tony Clarke] The latest FNB Property Barometer, issued on 19 March, has encouraging news for residential property investors. Its findings tie in with those of the Rawson Property Group, which is now looking at a 36% year-on-year increase in sales turnover. Read more >>

Consumer indebtedness leading to seller's market
[Claude McKirby] Fewer family homes are coming onto the property market in the southern suburbs part of Cape Town, creating a seller's market in mid-range neighbourhoods. Read more >>


Government
Gas prices may drop for some users
Smaller users of piped gas might see prices drop soon, according to the National Energy Regulator of SA (Nersa) although larger users may face price increases. Read more >>

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2013 Biz Trends Report

93 pages
49 contributors
41 contributions

New people on biz
Stefan Prinsloo
Mr at Readam SA
Callie Van Heerden
Owner at Floors up
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Consultant at .
mpho nchabeleng
intern at Equipsa
Claude McKirby
Owner of Lew Geffen Sotheby's International Realty

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