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South African Rand Falls 2% as Government Indicates Recession – Report

Stats SA, the official website of the South African government released its 2018 Q2 figures for GDP showing a fall of 0.7% in the quarter of April-June. Data from currency exchanges, comparing USD to Zar showed a drop of 2% following the release of this report. This is the first time since 2009 that South […]

Buyers Benefit as Banks Lends Out Home Loans More Freely in South Africa

Reports are coming in from South Africa’s biggest bond organization ‘BetterBond’ suggest that banks have an appetite to hand out loans and buyers snapping at this opportunity of a long-term future investment. Rudi Botha the CEO of BetterBond says: “According to our latest statistics*, the average approved bond size in SA is currently 6,05% higher […]

Is Residential Buy-To-Let Properties Still Profitable in South Africa?

People of South Africa are currently wondering if it’s a good idea… During this tough economic time “is residential buy-to-let property still profitable” keep reading this article, you will find your answer. Gareth Bailey has made a statement from Pam Golding Properties “In uncertain economic and political times people are still eager to invest in […]

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