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Tuesday Mar 27, 2012

Standard Bank grabs crown in home loans

Standard Bank has overtaken Absa to become the mortgage bond market leader in South Africa, increasing the size of its home loan book to R275 billion from R244bn over the past 18 months.

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Durban property levy awaits green light

The proposed development levy set to kick in from July has been put on ice at least until the national Treasury gives the eThekwini municipality the green light to implement the policy.

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Moody's positive over Johannesburg's finances

Two months after the City of Johannesburg received a qualified opinion for its latest financial year, Moody's Investors Service has come out with an upbeat assessment of the city's finances.

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Public Works owes property owner R3.5m in rent

Staff of two government entities were locked out of a central Johannesburg building yesterday because the Department of Public Works failed to pay rent.

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Poor workmanship sees RDP houses falling apart

Oil and mud tumbling down into the back walls of people's homes and water seeping through the walls and floors are what residents of Umlazi have experienced in their new RDP homes since moving in early last year.

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