'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.
[Read More]Posted at 09:47AM Jan 28, 2010 by Editor in Market | Comments[6]
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.
[Read More]Posted at 09:44AM Jan 28, 2010 by Editor in Residential |
'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.
[Read More]Posted at 09:42AM Jan 28, 2010 by Editor in Home Loans |
Pepper Club development irregular, says professor
A university professor is taking on the City of Cape Town and property developers the Solomon Brothers over the allegedly irregular approval of the Pepper Club development between Long and Loop streets.
[Read More]Posted at 09:30AM Jan 28, 2010 by Editor in Residential | Comments[1]
World Cup may not fill guest houses
Owners of local guest houses and backpacker hostels have said the expected rush for 2010 World Cup accommodation had not materialised and some fear rooms will stand empty during the tournament.
[Read More]Posted at 09:22AM Jan 28, 2010 by Editor in Market | Comments[7]