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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

Marriott's AC Hotels brand makes its debut in Africa

NASDAQ-listed Marriott International recently announced the official opening of the AC Hotel Cape Town Waterfront at The Yacht Club, marking the debut of the brand first in Africa. ... Full story

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