Budget draws mixed responses from property sector
Finance Minister Pravin Gordhan's first Budget speech drew mixed reactions from property bosses on Wednesday, with some welcoming and others describing it as "disappointing".
[Read More]Posted at 09:37AM Feb 18, 2010 by Editor in Market |
Illegal heritage site developments razed
Three unauthorised commercial developments in the Coastal Forest Reserve section of the iSimangaliso Wetland Park were dismantled yesterday by an independent contractor.
[Read More]Posted at 09:35AM Feb 18, 2010 by Editor in Commercial |
Year results poor in building industry
As it has been anticipated, 2009 was not a good year for the South African building and construction industry.
[Read More]Posted at 09:29AM Feb 18, 2010 by Editor in Industry |
Housing judgment 'could see municipalities go broke'
The financial stability of the City of Cape Town could be jeopardised by a recent High Court judgment that makes municipalities responsible for providing rent or accommodation to illegal squatters, Mayco member for finance Ian Neilson has revealed.
[Read More]Posted at 09:21AM Feb 18, 2010 by Editor in Residential | Comments[1]
Climate change could make parts of SA 'uninsurable'
As the effects of climate change intensify, large areas of South Africa could become uninsurable, according to Santam's chief executive Ian Kirk.
[Read More]Posted at 09:19AM Feb 18, 2010 by Editor in Market |