FNB claws back money after failed property loan
Dumisane Tembe, the businessman accused of buying a Durban city centre building but not paying for it, is in more legal hot water and has been ordered to hand two luxury cars back to the bank which lent him the money.
[Read More]Posted at 08:46AM May 22, 2012 by Editor in Home Loans | Comments[4]
Capetonians invited to vote for their city of the future
A giant ballot box has been set up where Capetonians can vote for what they want their city to look like in the future.
[Read More]Posted at 08:02AM May 22, 2012 by Editor in Cities and Towns | Comments[3]
Estate agents warned on ramifications of Consumer Protection Act
If one thing in the ongoing discussion as to how the Consumer Protection Act when applied in South Africa's property marketing sector is now clear it is that at this stage, says Trudie Broekmann, commercial director of the legal firm Gunston Attorneys, no one yet has the final answer as to how the act will be interpreted on many different aspects.
[Read More]Posted at 07:36AM May 22, 2012 by Editor in Market | Comments[5]
Tourism accommodation income up
Income from accommodation for the tourism industry increased by 15.1% year on year (y/y) in the first quarter, data from Statistics SA (Stats SA) on Monday showed.
[Read More]Posted at 07:30AM May 22, 2012 by Editor in Commercial | Comments[1]