South Africa's repo rate will increase by 25 basis points to 3.75%, South African Reserve Bank (Sarb) governor Lesetja Kganyago announced.

Reserve Bank increases Interest rates, Rand slides

The Reserve Bank has raised the interest rates by 25 basis points to 3.75% after it concluded its monetary policy committee which took place on Thursday afternoon.

Investing >>

A police officer arrests a looter inside a Cambridge Food store in Vosloorus on July 12 2021.

Amid SA's mayhem, SAPOA calls for punitive and decisive action

Following this weekend’s spate of unrest across the country, the South African Property Owners Association (SAPOA) strongly condemns the incidents of looting and malicious damage to retail property centers.

Gauteng >>

After 22 years of being a prime event space in Gauteng, the Ticketpro Dome (known as The Dome) closes its doors.

Another COVID-19 casualty, the Ticketpro Dome shuts down

The exhibitions, events, and entertainment industry has suffered another devastating blow after the announcement of the Ticketpro Dome at Northgate in Johannesburg will be closing down.

Western Cape >>

King Air Industria in Cape Town will host The Courier Guy in a 10,112m2 building facility.

R3bn Industrial development in Cape town gains momentum

Western Cape’s King Air Industria, a 72-hectare Industrial development close proximity to Cape Town International Airport, grows apace with Infrastructure completion for the first two phases of the project.

Mpumalanga >>

Trade and Industry Minister Rob Davies approved a licence for the establishment of the Nkomazi special economic zone (SEZ) in Mpumalanga.

R7bn to boost Industrialization in Mpumalanga’s Nkomazi

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large.

Economy >>

Dr Andrew Golding, chief executive of the Pam Golding Property group, said that the decision to hold rates was largely expected and is expected to benefit homeowners.

Property sector welcomes unchanged repo rate

The decision to keep the repo rate unchanged at 3.5% by The Reserve Bank, has been welcomed by the South African Property sector.

Infrastructure >>

Tabling his R1.95 trillion Budget in Parliament, Minister Tito Mboweni allocated billions to prioritize both national and provincial economic infrastructure

2020 SA Budget: Government allocates billions on Infrastructure

South Africa is set to benefit from a multi-billion rand fund, which will be spent on national and provincial economic infrastructure requirements, according to the National Budget 2020 announced on Wednesday by Finance Minister Tito Mboweni.