Reacting to the President’s address, Yael Geffen, CEO of Lew Geffen Sotheby’s International Realty, said South Africa was the living embodiment of the “good news, bad news” paradigm.

Rudi Botha, CEO of SA’s leading bond originator BetterBond, says the SONA was very wide ranging and covered a huge number of initiatives, but that there were definitely some highlights for the real estate market.

Berry Everitt, CEO of the Chas Everitt International property group, says that the very detailed State of the Nation Address dealt with all of the economic and social issues that are currently of concern to the real estate industry, including the need to rebuild investor and consumer confidence in SA, stimulate economic growth, accelerate job creation and eliminate widespread corruption.

“South Africa’s residential market is in for an interesting time in 2019, but our predictions for the year are all positive, and we believe that home buyers and investors who take the plunge and buy early will be well-rewarded.”

The Firstrand economic team expects a 25 basis point interest rate hike this week when the SARB (South African Reserve Bank) MPC (Monetary Policy Committee) meets to deliberate on interest rates.

Foreign exchange and inflation have stabilized in Nigeria amid emerging market pressures.

Tuesday, 06 November 2018 21:32

Africa Investment Forum a game-changer

This week’s inaugural Africa Investment Conference is expected to be a game-changer for the development and economic growth prospects of the continent, organisers said on Monday.

As the continent’s largest economy, international development experts, innovators and funders increasingly believe that Nigeria is positioned to provide a market-driven solution to one of the continent’s most significant challenges and opportunities: Affordable Housing.

JSE listed REIT Octodec Investments Limited today announced its full year results which were impacted by pressure on rental income growth, the lag effect of the let-up period at recent developments, and competitive pressures. A distribution of 203.4 cents per share was declared for the period.

The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2018 recently released indicates positive news, that the construction sector has seen growth for the first time in six quarters. 

Page 1 of 34

Most Popular

Sky City Mall to open in April 2019

Jan 21, 2019
Sky City Mall Front view
Residents in and around Palm Ridge, Katlehong and Sky City can soon expect to visit an…

New year, new brands to shop at Morningside Shopping Centre

Jan 21, 2019
SHARON HENRY
Morningside Shopping Centre is ringing in 2019 with 10 new shops from great brands…

Bank lending remains positive despite 2018’s sluggish property market

Jan 21, 2019
RHY DYER OOBA CEO
2018 was a challenging year for the South African property market, with negative real…

Unchanged repo rate positive, while buyers gradually return to the market

Jan 20, 2019
Andrew Golding
After an unexpectedly tough 2018, but with the welcome announcement that the repo rate…

Overall residential building activity remaining subdued up to late 2018

Jan 20, 2019
Jacques Du Toit Absa  Home Loans
Private sector-financed building activity (see explanatory note) in the South African…

Please publish modules in offcanvas position.