Friday Jan 29, 2010

FNB measures slight increase in residential property demand

There is a very slight strengthening in demand for residential property, the FNB Property Barometer survey released on Thursday found.

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Government spheres cooperate to fix N2 Gateway mistakes

Human Settlements Minister Tokyo Sexwale is working closely with Western Cape Premier Helen Zille to rectify mistakes made in the N2 Gateway Housing (N2GP) Project.

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Camps Bay beach property auctions for R20 million

A building on the Camps Bay beachfront "strip" was sold for R20 million at auction yesterday.

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DA proposes dedicated fund for road maintenance

The Democratic Alliance on Thursday proposed a dedicated fund for road maintenance be established.

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Durban to profit from waste-generated electricity

Electricity generated from waste was expected to generate huge profits for the eThekwini Municipality, an official said on Thursday.

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Heritage threat investigated in Nelson Mandela Bay

In a dramatic development last night, Mayor Zanoxolo Wayile appointed a multiparty task team to investigate deteriorating buildings in Nelson Mandela Bay.

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Cape Town warns on N2 Gateway impact

The N2 Gateway housing project could take a heavy toll on Cape Town resources, since it has not been provided for in the budget, Cape Town mayor Dan Plato has warned.

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Thursday Jan 28, 2010

'Eskom hikes to shock property sector' - Sapoa

THE commercial property sector will be hit hard by Eskom's proposed electricity tariff increase of 35 percent annually over three years.

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QE2 won't dock in Cape Town for World Cup

Dubai's cash-strapped owner of Queen Elizabeth 2 says it will not sail the famed British ocean liner to South Africa to serve as a floating hotel during the World Cup this summer.

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'Rate decision won't derail housing demand growth'

Tuesday's repo rate decision by the SA Reserve Bank (SARB) is not expected to derail housing and mortgage demand growth, FNB property strategist John Loos said.

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