News by Country
Published stories attached to South Africa.
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Page 6 of 38
Moladi founder Hennie Botes wants South Africa's housing crisis to become an engine for local business, using reusable plastic formwork and a stokvel-inspired model that trains residents to build their own homes.
Business and property owners in Secunda say unauthorised structures and occupation along Walter Sisulu Drive are dragging down property values, even as they continue to pay municipal rates.
The Patriotic Alliance has put municipal bills at the centre of its election pitch, promising a three-month property rates holiday for qualifying homes, transfers of council houses to long-standing tenants and protection of municipal land for affordable housing.
eThekwini is courting the superyacht industry with a proposed 24-hectare marina precinct in the Port of Durban, a R1.9 billion private investment pipeline and a target of 2,500 direct jobs by 2030.
Public Works Minister Dean Macpherson has approved a plan to protect 235 hectares of sensitive state land near Cape St Francis while releasing a separate portion for future housing.
Delsa Investments, held by a trust of which South African property tycoon Des de Beer is a beneficiary, bought 5.5 million Lighthouse Properties shares for about R44.8 million, extending a buying run that has topped R77 million since June.
More than 208 shacks were destroyed in a fire at Masinenge informal settlement in KwaZulu-Natal, where the province is building 882 permanent houses and has already moved 586 residents into new homes.
Cape Town's proposed short-term letting by-law would push heavily let properties into the commercial rates category, and a property practitioner argues the knock-on effect on net income could shift what investors are willing to pay.
The Johannesburg High Court has rescinded a R269,448 default judgment and an execution order against a Sandhurst Towers sectional-title owner after finding the summons was served on the body corporate's own building manager and never reached her.