Market News

A very dear friend has reminded me on numerous occasions that one must not let yesterday take up too much of today. However, the end of a year does provide good perspective and an opportunity to glance back over the past year while keeping a clear focus on the future.

As another year draws to a close, we find ourselves with the opportunity to reflect on what 2018 has brought with it: the challenges faced and the successes we have enjoyed personally, professionally and as a country.

For the first time in 25 years, the Value Added Tax (VAT) rate in South Africa will be increased by 1% from 14% to 15%. Here’s what this means for property transactions…

2016 has been labelled an all round poor year, and while the impact of economic and political crises – both locally and internationally – cannot be ignored, the South African property market has continued to weather the storm.