The positive impact of lower interest rates is still being felt, with BetterBond reporting an almost 10% increase in bond applications for the 12-month period ending December 2021, says chief executive officer, Carl Coetzee. Source: BusinessTech
The end of the festive season typically sees an expected rise in the onset of divorce actions. Source: BusinessTech
While South Africa’s economy continued to feel the full effects of the pandemic in 2021, the country’s residential property market moved from strength to strength, with soaring sales, levelling prices, booming rentals, a growth in foreign investment, a semigration surge, increased demand for micro-living, and a growing call for mixed-use developments. Source: BusinessTech
Before applying for a home loan, buyers need to run through a series of checks to assess whether the property of their dreams is affordable. Determining the right price range is an essential first step to avoid wasting time when looking for properties. Source: BusinessTech
Basic Education minister Angie Motshekga says her department is developing a new framework to help regulate the rise of online schools in South Africa. Source: BusinessTech
Health minister Joe Phaahla says the government is working on new proposals to lift South Africa’s national state of disaster. Source: BusinessTech
President Cyril Ramaphosa has announced the commencement of the Property Practitioners Act (PPA) from 1 February 2022, with the Act expected to bring significant changes to the property sector. Source: BusinessTech
The Automobile Association (AA) has welcomed the High Court ruling which found that the controversial Administrative Adjudication of Road Traffic Offences Act (Aarto) was unconstitutional, and proposed a way forward for traffic laws and fines in the country. Source: BusinessTech
In 2020, the South African ecommerce market grew by 66% and is now expected to be valued at R225 billion by 2025. Source: BusinessTech
IT workers and digital talent in Africa lead the pack in their willingness to change jobs and relocate for better career opportunities, with a significant number keen to switch roles. Source: BusinessTech
