Latest News & Developments
budget2025
A VAT increase could transform South Africans into lifelong renters, change property market
The recent VAT increase in South Africa's 2025 Budget may reshape the property market, influencing buyer affordability and rental demand.
Rising rental prices in Cape Town's northern suburbs amid economic challenges
The rental market in Bellville, Durbanville, and Parow is thriving, driven by increased demand and a slight VAT increase, according to property experts.
South Africa's water crisis: smart technology could prevent national crisis
South Africa faces a critical water infrastructure crisis with demand set to outstrip supply by 17% within five years. As municipalities battle restrictions and systemic failures, experts advocate for smart technology solutions to avert a national catastrophe. Discover how IoT-powered meters and AI could transform the country's water management system.
Inner-city property owners slam Expropriation Act for hijacked buildings as a farce
Inner-city property owners are caught in a precarious situation as they navigate the challenges posed by the Expropriation Act and the growing menace of hijack syndicates. With over 1,100 buildings hijacked in Johannesburg alone, these owners struggle to reclaim their properties while facing threats from criminal groups and government intervention aimed at repurposing abandoned buildings for affordable housing.
R28. 9bn allocated to keep 9 300 healthcare workers employed, National Health Insurance gets 9. 9bn
Finance Minister Enoch Godongwana announced a substantial R941. 5 billion budget over the medium-term expenditure framework to enhance public health services, ensuring the employment of 9,300 healthcare workers.
Key Budget highlights: Early retirement, health funding, and VAT changes
Finance Minister Enoch Godongwana reveals significant budgetary changes for 2025/26, including early retirement for government employees, adjustments to social grants, and a proposed VAT increase.
BUDGET 2025: transfer duty threshold increase good news for buyers, VAT increase not
A mixed bag for property and a warning that an increase in VAT will impact already cash-strapped consumers, particularly those who can ill afford it.
MKP slams 'racist' banking practices as Cosatu protests VAT hikes
MKP's Luther Lebelo launches scathing attack on South Africa's major banks over alleged discriminatory practices and licensing bias, while Cosatu simultaneously protests Treasury's proposed VAT increases - highlighting growing tensions in SA's financial sector.
Budget 2025: R28,9bn allocated to keep 9,300 healthcare workers employed, NHI gets 9,9bn
Finance Minister Enoch Godongwana announces a substantial R941. 5 billion budget over the medium-term expenditure framework to enhance public health services, ensuring the employment of 9,300 healthcare workers.