Capital, the Geneva based property investment, development and asset management-business, and Neworld, a European-domiciled property development company, have today launched Reward Properties, a new joint venture which will offer investors unique opportunities to buy into the attractive high end residential Portuguese real estate market.

John Rabie, one of South Africa’s most successful property developers, has recently embarked on a substantial new venture in Portugal. 

Foreigners - including South Africans, wanting to acquire freedom of movement for themselves and their families to study, work and live anywhere in the European Union, are increasingly turning to Portugal to acquire EU citizenship, says Chris Immelman, MD of Pam Golding International.

Freedom of travel through Europe has become that much easier for South African investors, through Portugal's recently introduced Golden Visa Programme which provides unrestricted access to move within the 26 European countries in the Schengen zone.

The new Livingstone Hospital accident and emergency centre and the Gelvandale training stadium are nearing completion.

South Africa would pay more for Cahora Bassa hydropower if a new tariff scheme came into effect