Pravin Gordhan

Government may consider selling Eskom

The South African government will soon debate whether to split up state power firm Eskom to make it financially viable, Public Enterprises Minister Pravin Gordhan said on Tuesday.

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.

Billions to be spent on South Africa’s Infrastructure: 2017 National Budget

Government will spend over R50 billion to fund national and provincial economic infrastructure requirements, according to the National Budget 2017 announced on Wednesday by Finance Minister Pravin Gordhan.

Good news for Buyers, not necessarily Owners

Minister Pravin Gordhan had a difficult budget speech to deliver as the economy struggles through its largest under performance since the 2009 recession, with the added challenge of a R30.4bn tax shortfall.

Some relief for first time property buyers in National Budget

The raising of the threshold for transfer duty on properties sold for less than R900 000, up from R750 000, as announced in today’s National Budget, is positive news as it provides some relief for first time buyers.

Budget 2017: Property under R900 000 will not attract Transfer Duty Tax

Tabling the South African National Budget Speech 2017 on Wednesday, Finance minister Pravin Gordhan revealed that properties under R900 000 (previously R750 000) wll not attract transfer duty tax.

Highlights of South Africa's National Budget Speech 2017

Cape Town – Highlights of South African National Budget Speech 2017/18 delivered by Finance Minister Pravin Gordhan to Parliament on Wednesday.

British Pound volatility brings hot opportunities for SA Property Investors

The weak post-Brexit pound has opened a window of opportunity for South Africans to invest in the UK property market.

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