
Young South Africans still value homeownership, despite market pressures
Rhys Dyer, CEO of ooba Group, believes property ownership remains accessible to youth, who see it as a route to generational wealth, though they’re entering
Rhys Dyer, CEO of ooba Group, believes property ownership remains accessible to youth, who see it as a route to generational wealth, though they’re entering
The Western Cape remains South Africa’s most desirable property market, but soaring prices—especially in Cape Town—challenge first-time buyers. Despite this, entry-level activity persists as buyers
Rising insurance premiums for South Africa’s built environment are creating systemic economic inefficiencies, impacting landlords, tenants, and taxpayers. Offshore reinsurers’ risk models inflate costs, while
Seeff Property Group welcomes the 25bps rate cut but calls it insufficient. With inflation low and growth lagging, chairman Samuel Seeff urges deeper cuts to
Subdued economic growth, low inflation, and declining consumer confidence prompted a 25bps interest rate cut at May’s MPC meeting, lowering the repo rate to 7.25%.
The 25-basis point rate reduction signals another milestone for the residential property sector, decreasing the repo and prime lending rates to 7.25% and 10.75%, respectively,
South African Reserve Bank’s Monetary Policy Committee urged to cut interest rates by at least 50 basis points, citing a surge in unemployment to 32.9%
The global trend of ‘rentvesting’ is quickly gaining ground in South Africa. This unique investment strategy sees homebuyers – particularly young homebuyers – buying properties
The latest Olympic Games showcased cutting-edge technology, with IoT and AI enabling smart crowd management, biometric security, and real-time athlete stats. Smart cameras detected faults
Affordable housing remains an important need and continues to be one of the most pertinent topics of our time. As urbanisation continues and population growth
The news that the CPI inflation rate has dropped to just 2.7% in March, from 3.2% in February, boosted by the falling oil price, is
After more than a decade of sluggish growth, Johannesburg’s residential property market is showing promising signs of recovery, signalling the possible bottom of the cycle.
Why agility is the blueprint for scalable growth beyond IT. Where speed, adaptability and customer centricity define competitiveness, business agility is a strategic requirement for
South Africa’s VAT will likely rise by 0.5 percentage points on 1 May 2025 with another 0.5 percentage point hike set for 1 April 2026.
With the current economic landscape, including the widening growth differential between EM and DM, it might be a good time to consider diversifying into EM,
While it is unfortunate that the Reserve Bank has decided to hold the repo rate steady, three previous cuts have had a noticeable impact on
In an environment of rising living costs, affordability remains a major factor. The MPC’s decision to hold interest rates and concerns over economic growth will
Rhys Dyer, CEO of the ooba Group provides his comments in the release below, maintaining the decision is still a positive signal for homeowners and
The decision by the Monetary Policy Committee of the SARB to retain the interest rate at the current level of 7.50% (prime rate at 11%)
“With the February 2025 consumer inflation rate unchanged at 3.2% – below market expectations – the Monetary Policy Committee’s decision not to reduce the repo
House price growth, especially outside of the Western Cape, has largely been dismal over the last two years. After growing at rates of between 5%
Dr Andrew Golding, chief executive of the Pam Golding Property group commented on the budget speech presented on 12th March, “It was positive to note
South Africa’s National Treasury has simplified the approval process for public-private partnerships (PPPs) under R2 billion to boost infrastructure projects and attract private investment. This
In his 2025 address, President Cyril Ramaphosa emphasized transforming South African cities into economic hubs through central housing and reclaiming hijacked buildings. TUHF, a leader
In South Africa, the impact of climate change is no longer a distant concern – it’s a harsh reality that is already reshaping the landscape.
Landsdowne Property Group, one of South Africa’s largest residential real estate managers and estate agencies, says using a qualified rental agent is a game-changer in
South African food inflation has been at its lowest level in 14 years, bringing significant relief to cash-strapped consumers. According to Justin Thom, Director at
Mortgage originators such as ooba have started reporting notable increases in home loan applications following the interest rate cuts last year, and the market is
For CFOs in technology, innovation is not just a consideration but a core priority. While there might be a lot of pressure on businesses and
For the commercial property sector, lower interest rates can ease some financial pressure on businesses by reducing the cost of financing while supporting increased investment
Although this month’s (January 2025) rate cut was widely anticipated, the outlook for interest rates for the remainder of the year is far less clear
Today’s announcement by the South African Reserve Bank (SARB), coupled with the potential for further relief, will aid growing momentum in South Africa’s residential property
A 50bps cut would have been far more meaningful, and says Seef there was adequate support for the Reserve Bank to counter the economic stagnation
The 25 basis point interest rate cut is a positive step for the property market, particularly in Johannesburg, where lower rates unlock significant value. The
Despite economic headwinds and high inflation, South Africa’s rental market showed resilience throughout 2024. However, a quick succession of interest rate cuts has caused many
The residential rental market has entered 2025 with strong momentum and optimism. Key trends suggest real-terms rental growth will continue, buoyed by tenant income increases
There is strong sense of optimism around a 25 basis point reduction at the end of this month, bringing the total reduction to 75 basis
One significant trend is the rising preference for land sales over pre-developed properties. The interest rate cuts and talks of potential further reductions have led
Culture shapes the way organisations and their people operate, impacting everything from office design to lease negotiations. Navigating these differences can be challenging for international
Despite global economic uncertainty, managed IT services are one field set to keep growing steadily. By some estimates, it’s expected to grow by 12,7% worldwide
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