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Budget 2024: Finance Minister urged to keep personal and property taxes unchanged - Vimarsana News

Budget 2024: Finance Minister urged to keep personal and property taxes unchanged

Minister urged to make no changes to personal and property taxes in order to maintain stability and financial predictability...

Joburg and foreign buyers are flocking to these areas in South Africa - Vimarsana News

Joburg and foreign buyers are flocking to these areas in South Africa

While 2021 has been a great year for property, the story of the year is the significant uptick in the R20 million-plus sector and sales to foreign buyers which…

Interest Rate Disappoints As Second Wave Could Eat Into Property And Economic Gains: Seeff - Vimarsana News

Interest Rate Disappoints As Second Wave Could Eat Into Property And Economic Gains: Seeff

iAfrica 2 months ago 2 min read Share with your network! The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing for the economy and property market, says Samuel Seeff, chairman of the Seeff Property Group. There is ample reason for a cut given the split decision and missed opportunity in November. Since then, the Rand has strengthened and inflation dipped to 3.1%, the lowest in 16 years. Although expected to rise, a...