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Wednesday Dec 02, 2015

Residential property prices at 'boom time' levels

House prices, excluding the impact of inflation, remained at "boom time" levels despite having lost some ground since the end of 2007, according to FNB.

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Cape Town water restrictions to start on January 1

Water restrictions in Cape Town will start on January 1 - and the price of water is to increase.

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Tuesday Dec 01, 2015

Waterfront turns on solar power system

Solar power came to Cape Town's V&A Waterfront yesterday as the popular destination switched on 7 500m2 of rooftop panels to help meet its energy needs.

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Zimbali's neighbours in property feud

Feuding former neighbours, who between them scored R185 million in a once-in-a-lifetime cash property deal with a businessman with ties to Zimbabwean President Robert Mugabe, are embroiled in a heated legal battle with one claiming he is owed R5 million for introducing the businessman to the other.

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Royal Durban goes for indigenous trees

Plans are afoot to improve the biological health of one of the largest green spaces left in central Durban.

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Dig-out port goes on to back burner

Durban's proposed "dig-out" port will eventually become a reality, but has been put on the back burner for the moment, with the Transnet Port Authority's chief executive declining to even set a date.

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Monday Nov 30, 2015

Residential rental index take a dip

The quarterly PayProp residential rental index has indicated a downward dip in the average residential rental rate in South Africa, which is just above R6 500 a month.

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No festive cheer as the repo rate is hiked amid slowing economy, claim experts

There will be a little less to cheer about this festive season following the Reserve Bank's Monetary Policy Committee ( MPC) latest announcement that the repo rate is hiked by 25 basis points from 6 percent to 6.25 percent, with the base home loan rate up from 9.5 percent to 9.75 percent.

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Cape Town vows to continue fight against tolling proposals

Western Cape residents should not have to shoulder the costs of the proposed tollgates on the N1 and N2 freeways, and the City of Cape Town is determined to take the case to the highest court, the city said on Friday.

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MyCiTi stations given historic local makeover

Cape Town's MyCiTi bus stations will exhibit the talent of local artists and give visitors a "sense of who we are."

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