Government of South Africa

Draft land Expropriation Bill — Here's what you need to know

The Minister for Public Works, Thulas Nxesi, on Friday released a draft Expropriation Bill that gives a summary of the conditions under which the state can take land without paying for it for public comment. ... Full story

UK PM supports S.Africa’s land reform

British Prime Minister Theresa May says the United Kingdom has for some time supported land reform in South Africa - as it is a process carried out in a legal, transparent and democratic manner. ... Full story

Government, key partner to SA’s thriving Property Sector

Commercial property industry representative body, the SA Property Owners Association (Sapoa) met with Cape Town Mayor, Patricia de Lille to strengthen partnership and improve relations, the owners said on Friday last week. ... Full story

Why Municipal Elections are Important for Property Owners and Investors

Local government plays a major role in governance and the provision of basic public services in the country. Whoever governs the municipalities holds the key to South Africa’s success and attract property developers and investors. ... Full story

Government pension fund pours R10.5bn to boost Affordable Housing

The Government Employees Pension Fund (GEPF), SA's largest pension fund, has approved R10.5 billion facility to lender SA Home Loans, in-order to boost government employees and the public access to housing. ... Full story

R15bn irregular municipalities expenditure shock for SA

Pretoria — Irregular as well as unauthorized expenditure in the SA’s municipalities has more than doubled since the current administrations took office five years ago, to R14.75bn, Auditor General Kimi Makwetu revealed Wednesday. ... Full story

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