Snippet 20-2024

PropertyTrends:Our residential rental market reflects the increasingly positive market outlook and stood at a record low vacancy rate of 5.07% in Q3/2024.Similarly, Growthpoint reports declining office rental vacancy space, stating that coastal regions outperform...

Snippet-15

Economy/businessTrendsA rising economic tide? Shakespeare could have been referring to our economy: “There is a tide in the affairs of men, which taken at the flood, leads on to fortune…”It has been 14 years since our real economy has had a rising tide – but change is...

Snippet 2024 – 14

Economy/businessTrendsBusiness appears to anticipate a repo rate cut in September by our Reserve Bank. Strangely, the Bank of America reportedly expects our Reserve Bank to start cutting interest rates soon – by 25 basis points at each of its following four...

Snippet 13 – 2024

Economy/businessTrendsThe IMF predicts a slowdown of the world economy to 3.2% – KPMG estimates a slowing to 2.5%. Our economy shrank marginally by 0.1% from the expected 0.7% to 0.6% growth in the first quarter of this year – the IMF predicts our growth for the year...

Snippet 2024 – 12

Economy/business Trends Our inflation rate seems to be abating with food prices especially having taken a significant turn for the better. The Reserve Bank governor reiterated an intent to lower our inflation rate (some 5.2% in May) to a midpoint average of 4.5. The...

Snippet 2024 – 5

Business Trends: Our SARB Governor says that our economy is not growing – at 0.6% growth thus far this year – and our living standards are falling.Taking inflation into account it is said that South Africans now earn on average what we did in 2006. Growth is limited...