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Market news

Published stories attached to the Market news category.

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News

South Africa’s Luxury Property Boom Continues With R1 Billion Lamborghini Estate

A R1 billion luxury branded development is heading to South Africa’s coast. The project signals growing global appetite for high-end lifestyle estates in the country.

News

South African Homes Are Selling Faster Despite High Interest Rates

Higher borrowing costs were expected to slow the housing market—but buyers aren't backing down. Homes across South Africa are now selling faster than they were just months ago.

News

Bulawayo Property Fires Jump 60% as Faulty Wiring Sparks Concern

Property fires in Bulawayo have surged 60% this year, with ageing electrical systems emerging as the biggest threat. City officials warn that poor wiring, overloaded circuits and weak safety compliance are putting homes and businesses at growing risk.

News

Tanzania’s Mortgage Market Tops TZS 720 Billion

Tanzania’s mortgage market grew nearly 11% year-on-year despite relatively high lending rates. Rising housing demand and steady economic growth are helping drive expansion across the sector.

News

Winter Heating Risks Are Turning Deadly as South Africans Face Rising Property Fires

As temperatures drop, everyday heating methods are becoming a major danger in South African homes. Authorities warn that preventable fires and carbon monoxide incidents are claiming lives and destroying property.

News

Mafia’ Syndicates Now Target Solar Panels, Batteries and Gas Bottles in Homes

A new wave of organised crime is hitting South African households. Criminal syndicates are now targeting specific high-value items that many homeowners don’t even realise are at risk.

Article

Rupert Wins R2.3bn Stellenbosch Power Battle Against Former Friend

South Africa’s richest man has come out on top in a fierce boardroom fight over a R2.3 billion Stellenbosch property deal. The dispute, which broke down a long-standing friendship, has now been settled in his favour.

Article

R9.8m UIF Fraud Case Triggers Property Freeze in KZN

A Hillcrest home has been frozen after investigators linked it to a multimillion-rand UIF relief fraud scheme. Authorities say the property may have been bought using funds meant for pandemic worker support.

Article

SouthAfrican Homeowners Face Growing Threat of Title Deed Theft

Your home could be transferred to someone else without your knowledge. Experts warn title deed fraud is becoming a growing threat, with criminals using forged documents to steal and even sell properties.