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Tag: high interest rates

Cash-strapped buyers join forces to invest in property

South Africans are nothing if not resourceful so it's not surprising that many house buyers are pooling their income to invest in property as a collective. “Instead of walking away from...

Collins converts to Reit, increases dividend by 50%

Collins Property Group has in the year to end February doubled its profit from continuing operations from R516.9m in 2023 to R1,21bn. The company, which was converted to a REIT during the...

Investors are snapping up prime properties in the Western Cape 

There is a major surge in investment in buy-to-let properties across South Africa, with the Western Cape leading the pack. "We're seeing a 15 year high in national investment applications, which rose...

Disposable income on the rise for South African tenants

South African tenants are in a better financial position than at the end of 2022 despite high interest rates and inflation – great news for rental agents and landlords who rely...

FNB – The Week Ahead – Another busy week on the corporate earnings calendar

Locally, we expect releases from: Glencore (3Q23 Update) – Per guidance for FY23, copper production is expected between 1 010 and 1 070 kilo tonnes (kt), Cobalt is set to come...

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City proposes modification of weirs at Zeekoevlei and Rondevlei to improve...

THE City of Cape Town proposes the redevelopment and upgrade of the weirs at Zeekoevlei and Rondevlei that are located within the False Bay...

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