Southern Africa
New Nedbank app incorporates a lifestyle enhancing virtual assistance
New home-buying kit and HeyNed virtual personal assistant makes the Nedbank MoneyApp about much more than banking. ... Full story
South Africa's land reform advisory panel makes progress
With a deadline of 15 March 2019 on the horizon, a ten-member expert advisory panel held its second colloquium on land reform to present, debate and suggest ideas on how to deliver an effective, productive and just reform policy. ... Full story
Budget 2019: No quick fix for South Africa, but there’s some hope
In what was arguably one of the most closely watched National Budget speeches in recent years, Finance Minister Tito Mboweni outlined Government’s plan to boost growth, increase tax collection and reduce debt, with strong attention paid to Eskom and SOEs. ... Full story
Property players worried as Malema renews call for Land Expropriation
South African property players are taking a cautious approach as Economic Freedom Fighters (EFF) leader Julius Malema renews his call for land expropriation without compensation. ... Full story
Bank lending remains positive despite 2018’s sluggish property market
2018 was a challenging year for the South African property market, with negative real price growth in the residential property market and slowing market activity. ... Full story
Zimbabwe is the best buy in Africa right now, says Finance Minister
Zimbabwe is facing its most serious economic crisis in a decade, but Finance Minister Mthuli Ncube has promised that he will tame inflation through fiscal discipline. ... Full story
SA REITs corporate governance under spotlight
Analysts say South African real estate investment trust (Reit) sector has to pull up its socks and provide better disclosure as it tries to lure back investors. ... Full story
Gauteng remains South Africa’s largest housing market
Gauteng remains South Africa’s largest housing market, with just over a third of the nation’s total housing stock. ... Full story
SA Reserve Bank maintains interest rates
South African Reserve Bank (Sarb) Governor, Lesetja Kganyago on Thursday announced the bank decided to keep the repo rate at 6.75% — with prime lending interest rate at 10.25%. ... Full story
Namibia may delink currency from volatile South African rand
The government in Windhoek is weighing options to amend the currency arrangement or forge a new path for the Namibian dollar, according to Namibian finance minister Calle Schlettwein. ... Full story
Most Popular
Watch: A Credible Market, the need for Standards in Property Industry
Valuation standards have a significant role to play in helping to regulate professional practice at national, regional and global levels, promoting professional ethics, integrity, impartiality and trust in valuer activities in the property industry. ... Full story