Latest News 9/15

How many burgers McDonald's needs to sell to cover its monthly rent at Green Point in Cape Town

Staff Writer

Jul 152 min read

How many burgers McDonald's needs to sell to cover its monthly rent at Green Point in Cape Town

The McDonald's in Green Point, Cape Town has recently renewed its lease, committing to a monthly rental of R420,000.

Why property auctions are increasing in Joburg's northern suburbs

Staff Writer

Jul 153 min read

Why property auctions are increasing in Joburg's northern suburbs

Observant individuals may have noticed a growing number of "On Auction" signs on homes in Johannesburg.

Western Cape drives national residential property price inflation

Staff Writer

Jul 121 min read

Western Cape drives national residential property price inflation

South Africa's residential property price inflation reached 2.6% in February 2024, an increase from a revised 2.5% in January 2024.

South Africa economic activity yet to align with 'new normal'

Staff Writer

Jul 103 min read

South Africa economic activity yet to align with 'new normal'

South Africa economic activity as the country ‘new normal’ that could awaken a more positive outcome in the medium term The...

South Africa's biggest banks over 8 major metrics

Staff Writer

Jul 102 min read

South Africa's biggest banks over 8 major metrics

The Banker has published its 2024 ranking of the world's top 1000 banks based on tier 1 capital levels, with six South African banks...

Global net wealth stages strong recovery

Staff Writer

Jul 103 min read

Global net wealth stages strong recovery

Global net wealth staged a significant recovery of 4.3% in 2023, after a difficult year in 2022, says Boston Consulting Group. Much of...

Interest rate cuts anticipation spurs first-time home buyer resurgence: Standard Bank

Staff Writer

Jul 102 min read

Interest rate cuts anticipation spurs first-time home buyer resurgence: Standard Bank

Despite record-high interest rates, Standard Bank has observed a resurgence in first-time homebuyer activity in South Africa, potentially...

Top 20 municipalities with highest spending per resident in SA

Staff Writer

Jul 92 min read

Top 20 municipalities with highest spending per resident in SA

South Africa’s 257 municipalities play a crucial role in delivering essential services like water, electricity, refuse removal, and...

Ireland: Visa-exempt status to end for nationals of South Africa

Staff Writer

Jul 92 min read

Ireland: Visa-exempt status to end for nationals of South Africa

Effective July 10, 2024, nationals of Botswana and South Africa will no longer enjoy visa-exempt status in Ireland and will need to have...

Cape Town vs Joburg vs the rest: How long it takes to sell your home

Staff Writer

Jul 82 min read

Cape Town vs Joburg vs the rest: How long it takes to sell your home

Nominal property sales prices have shown a consistent rise over the years. The average sales price increased from just under R150,000 in...

KPMG cautiously optimistic about global GDP growth

Staff Writer

Jul 83 min read

KPMG cautiously optimistic about global GDP growth

KPMG International predicts a slowdown in global growth from 2.7% in 2023 to 2.5% in 2024, with a recovery to 2.7% anticipated in 2025....

Beware these hidden pitfalls when buying a home in South Africa

Staff Writer

Jul 73 min read

Beware these hidden pitfalls when buying a home in South Africa

Proximity, price and security have become such big factors in the choice of home that it is easy to miss some warning signs that should...

Filing Season for taxpayers set to start in July

Staff Writer

Jun 302 min read

Filing Season for taxpayers set to start in July

With Filing Season for the 2024 tax year set to commence in July, the South African Revenue Service (SARS) has announced that the pool of...

Staff Writer

Jun 281 min read

Good news for fuel prices in July

The Automobile Association (AA) anticipates significant fuel price decreases in July, based on unaudited data from the Central Energy...

SA's largest REIT reveals Pick n Pay plans as V&A Waterfront shines

Staff Writer

Jun 274 min read

SA's largest REIT reveals Pick n Pay plans as V&A Waterfront shines

Growthpoint Properties Limited, the largest South African primary REIT listed on the JSE, has released its trading update for the nine...

Proposed global wealth tax on ultra-rich could raise up to $250 billion

Staff Writer

Jun 262 min read

Proposed global wealth tax on ultra-rich could raise up to $250 billion

In a significant move aimed at addressing global income inequality, a proposal for an internationally coordinated minimum tax on...

Dip in average monthly earnings for South African employees

Staff Writer

Jun 263 min read

Dip in average monthly earnings for South African employees

According to the Quarterly Employment Statistics (QES) survey for the first quarter of 2024, released by Statistics South Africa (Stats...

Staff Writer

Jun 252 min read

Standard Bank says rate cuts are coming

Standard Bank anticipates the Reserve Bank will reduce interest rates twice before the end of 2024, influenced by the optimism...

Affluent South Africans rely on credit cards for monthly expenses

Staff Writer

Jun 242 min read

Affluent South Africans rely on credit cards for monthly expenses

Middle and upper-class South Africans continue to rely heavily on credit cards to cover monthly expenses, with many struggling to repay...

How much you should have saved for retirement by the age of 40

Staff Writer

Jun 212 min read

How much you should have saved for retirement by the age of 40

A crucial question in financial planning is: “How much do I need to save to comfortably maintain my standard of living in retirement?”...

Property prices in coastal towns buck national trends

South Africans draw on retirement savings to manage rising festive costs

Report highlights changing trends in billionaire wealth

Retiring in South Africa: here's how much you will need

Top university highlights South Africa’s racial wealth gap

Property Review

Your Trustworthy Property Destination

Property Review