by Daan Steenkamp | Nov 3, 2024 | Business, Practice, Property, Snippet
PropertyTrends: With inflation seemingly under control, the expectation is that more aggressive interest rate cuts will follow, which should stimulate our property market.The residential market has stabilised, with isolated spots showing real price increases, such as...
by Daan Steenkamp | Oct 13, 2024 | Business, Practice, Property, Snippet
Practice News Legal PractitionersDr Hlope has been in the news quite often of late; the MK party’s application for leave to appeal the decision that Hlope be prohibited from serving on the JSC will be heard on the first November.Dali Mpofu SC is a well-known...
by Daan Steenkamp | Sep 2, 2024 | Business, Economy, Practice, Property, Snippet
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...
by Daan Steenkamp | Aug 6, 2024 | Business, Economy, Practice, Property, Snippet
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...
by Daan Steenkamp | Jul 23, 2024 | Business, Economy, Practice, Property, Snippet
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...
by Daan Steenkamp | Jul 8, 2024 | Business, Economy, Practice, Property, Snippet
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...
