Lisa Bathurst, Director at Hurst and Wills discusses whether now is a good time to move your money offshore.

Should you be taking your Money Offshore?

Last week’s news that Moody’s kept South Africa’s investment rating as one notch above junk but revised its outlook from stable to negative, seems to spell a junk status downgrade in the near future unless Government can take drastic action on key economic issues.

One of Gupta’s home in the affluent leafy suburb of Saxonwold in Johannesburg, was sold for R2.6 million on Auction.

Gupta’s Saxonwold home rakes in R2.6 million on Auction

Investing >>

The old town of Porto, the most traditional city and period architecture

Identifying Offshore Property Hotspots for the best Investment results

The key to a successful investment property is to buy in a ‘property hotspot’, but how does one identify a hotspot in areas you don’t know well?

Companies >>

Barend de Loor succeeds the long-standing CEO of 15 years, Warren Schultze.

Meet Eris Property Group's new chief exec - Barend de Loor

Serving as director of numerous property companies in Africa, the newly appointed CEO of Eris Property Group, Barend de Loor succeeds the long-standing CEO of 15 years, Warren Schultze.

Gauteng >>

At 178,000m², from 85,000m², the Fourways Mall is now larger than Pretoria's Menlyn Park at 169,000m², Sandton City, the 131,000m² Mall of Africa in Waterfall and the 166,636m² Gateway Theatre of Shopping in Durban.

Fourways Mall finally launches, becomes the largest shopping centre in SA

After missing several deadlines, the newly redeveloped multi-billion Fourways Mall has finally opened its doors, becoming the largest shopping centre in South Africa.

Western Cape >>

Mayor Dan Plato said the budget was geared towards improving safety, urban renewal and human settlements.

City of Cape Town's R50 billion 2019/2020 budget

The Cape Town council has approved a budget of just over R50 billion for the 2019/2020 financial year.

KwaZulu-Natal >>

Makro Store will be housed within the Cornubia Ridge Logistics Park, which is adjacent to the Gateway precinct and accessible from all major highways including the M41 and the N2.

Makro expands in Durban’s booming Cornubia

Cornubia, a multi-billion rand mixed-use development in the northern corridor of Durban, has welcomed the new state-of-the-art Makro Store scheduled to start operating this week.

Free State >>

Seen on the opening ceremony is Eric Stouder, the Senior Vice President of Sasol Base Chemicals and Izandla Property Fund CEO Nonhlanhla Mayisela.

Izandla Property Fund announces Inauguration of first development project

A new black-empowered property group, Izandla Property Fund, which is backed by Investec Property (IP) and Investec Property Fund (IPF), opens its first development project.

Mpumalanga >>

R7bn to boost Industrialization in Mpumalanga’s Nkomazi

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large.

Economy >>

In a move that may lead to lower property finance, auto and other loans, Reserve Bank Governor Lesetja Kganyago today announced the decision to cut the interest rate to 6.5%.

Reserve Bank slashes repo rate to 6.5%, bank loans may get cheaper

In a move that may lead to lower property finance, auto and other loans, the South African central bank reduced the lending rate by 25 basis points to 6.5 % per annum as of 19 July 2019.