Jacob Zuma

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

Described to be the most high profile auction event of the year, one of the properties in the affluent leafy suburb of Saxonwold in Johannesburg, belonging to the controversial Gupta family was sold for R2.6 million on Monday morning.

South Africa celebrates 23rd birthday — Freedom Day

SOUTH AFRICA today celebrates 23 years of Independence. Twenty-two million South Africans cast their votes in the national elections on 27 April 1994, marking the dawn of democracy.

SA Listed Property Growth Has Taken a Dive

There was very little in the way of positive news for South Africa’s listed property investors as the sector is down 1% in the year-to-date due to a number of reasons.

South Africa's Credit Rating demoted to Junk Status

Ratings agency, Standard & Poor’s global on Monday announced South Africa's sovereign credit rating has been downgraded to junk status, following the removal of finance minister Pravin Gordhan.

Finance Minister Gordhan replaced at a time of Weak Growth

President Jacob Zuma on Thursday dismissed respected finance minister Pravin Gordhan and deputy Mcebisi Jonas as part of a major Cabinet reshuffle — a move that has tumbled South Africa's markets and currency.

SONA lacked the excitement to boost Property Market, says Estate Agent

President Jacob Zuma’s 2017 State of the Nation Address (SONA) lacked the excitement needed to boost the economy and property market, the chairman of one of South Africa’s estate agency said on Thursday.

We were recovering until Minister Pravin Gordhan's NPA saga

Johannesburg — Until news of renewed Cabinet tussle between Finance Minister Pravin Gordhan and the National Prosecuting Authority (NPA), the South African economy has steadily been recovering.

Fitch maintains South Africa’s credit rating at investment grade

One of the influential financial rating agency Fitch, on Wednesday affirmed South Africa’s investment grade credit rating and maintained its outlook on stable, but warned that political and growth concerns posed a risk.

SA’s urban development framework set to create vibrant spaces

Pretoria – South Africa’s recently adopted Integrated Urban Development Framework (IUDF), aims to create vibrant spaces that are geared towards inclusive living and growth in the country’s towns and cities.

Uncertainty looms ahead of Pravin Gordhan's case

Newspaper reports say Finance Minister Pravin Gordhan is facing imminent arrest for his role over the rogue unit formed during his tenure as South African Revenue Service (SARS) commissioner.

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