The new rules are an improvement, but proper implementation is vital, writes Murray Hunter and Cherese Thakur.
More sun than clouds. Cool.
Members of the Cape Chamber of Commerce & Industry are anxious about being able to afford high rents and City Council rates as the economy shrinks.
The Reserve Bank's quarterly projection model signals two repo rate cuts of 25 basis points in 2020. However, this is a broad policy guideline which could change.
Ultimately, the payment of municipal utilities and taxes is the responsibility of the property owner, explains an attorney.
The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area economy.
People in Zimbabwe are worried about what could happen if their livelihoods are tied to the country's new currency.
The announcement was made by the central bank's governor Lesetja Kganyago at a media briefing in Pretoria on Thursday afternoon.
The rand gained 1.9% against the US dollar on Wednesday, following the US Federal Reserve Bank's announcement to keep rates on hold.
Much higher rates are on the cards.
The City of Johannesburg now has more than R16 billion owing from residents that it does not expect to recover. Meanwhile, its own councillors owed it more than R1 million on their own consumer accounts at the end of its financial year.
Ferial Haffajee was looking forward to seeing what the DA was going to do with Johannesburg. What followed, she says, was disappointment and dirt.
A rates cut might provide the stimulus needed to bolster the SA economy, but other reforms are still necessary, says an economist.
National Treasury has released a new draft law that will standardise the fees municipalities charge for new property developments.
Kganyago noted that economic activity remains weak.
As expected, the Reserve Bank cut interest rates by 25 basis points on Thursday.
If your property's new municipal value increased by less than 22%, your property rates bill could go down.
Economists expect the SA Reserve Bank's monetary policy committee to keep the repo rates unchanged at 6.75% on Thursday.
The JSE retreated on Wednesday as it tracked other global markets lower ahead of the US Fed’s rate decision.
Inflation for manufacturers decreased 0.8% from December 2018 to 4.1% in January 2019.
The Joburg city council definitely fell well short of its targets on repairing potholes and issuing rates certificates – but the Auditor-General can't judge by how much because of the state of its books.
Inflation for December moderated to 4.5%, in line with market expectations.
Cape TownTumaini ConsultingR500 000.00 - R600 000.00 Per Year
MilnertonWest Coast PersonnelR15 000.00 Per Month
Western CapeAdvanced Projects and People (Pty) LtdR10 000.00 - R15 000.00 Per Month
Apartments / Flats
R 1 750 000
R 4 500 000
R 3 300 000
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