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Friday May 04, 2012

New banking rules may make home loans 'more difficult and more costly'

Basel III, the soon to be implemented new rules on banking capital and liquidity, will undoubtedly make it more difficult and more costly for homebuyers to obtain mortgage finance, Rudi Botha, CEO of BetterBond, says.

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Rea Vaya's new routes to help ease pain

The Rea Vaya bus rapid transit (BRT) system extended its services yesterday, opening up four new stations and launching a new express service.

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Is it a raffle? No... it's a (chaotic) billing benefit

They first gave him a hefty bill.

Then they threatened to terminate services that would have plunged him into darkness and cut off the water supply to his Randpark Ridge home.

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Retired staff to fill eThekwini skills gap

Retired engineers, electricians and technicians are being lured to the eThekwini Municipality in a desperate bid to address a critical lack of skilled personnel.

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Still long wait until Athlone towers property development

Capetonians shouldn't hold their breath for movement on the R1 billion Athlone towers site happening any time soon - the "decommissioning" phase of the former power plant along is to take at least three years.

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Family's property rights have expired, court hears

A local family's right to the restitution of a prime Constantia property has expired, the Land Claims Court has heard. This was among the closing arguments presented by Joe van der Westhuizen SC, advocate for the respondents in the land claim - Hein Badenhorst and two entities, Jazz Spirit 12 and Yamiv.

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