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Newsflash | Interest rate is unchanged

The South African Reserve Bank met earlier this afternoon and we are pleased to advise that the repo rate was left unchanged at 8.25%, meaning that the current prime lending rate remains at 11.75%. Since the interest rate hiking cycle

Newsflash | Medium Term Budget Speech

The Minister of Finance warned in recent months that government will need to tighten its belts and implement budget cuts amidst the low revenue collection. As South Africans we know that such cuts are necessary—the Treasury on Monday reported that

Newsflash | Email Fraud Notice

The sending of fraudulent emails, used for phishing or delivery of viruses and with the intention to compromise the recipient’s email account, is rife across the globe. The fraudsters will often use a recognised brand name to mask their identities.

Newsflash | PPRA’s recent notice on mandatory disclosure forms

Last week, on the 2nd of October, the PPRA sent a Practice Note and a draft exemption application to its database of property practitioners. Unfortunately both documents are riddled with apparent typing errors and other legal oversights and we are

Newsflash | FIC’S Directive 6 deadline looms

In March this year, the Financial Intelligence Centre (‘the FIC’) issued Directive 6 which required of estate agents (and other accountable institutions) to complete the Risk and Compliance questionnaire enclosed in the Directive and submit it to the FIC. Compliance

Newsflash | Latest on the Interest Rate

The Reserve Bank’s Monetary Committee announced a moment ago that it has decided not to hike the interest rate. The prime rate will therefore remain at 11.75% for the time being. The Committee meets again in November and we hope

Property Law Update | Issue 12 – 2023

HOA COLLECTING DEBT: CHOOSE THE METHOD WISELY Waterkloof Boulevard Homeowners Association (Association Incorporated under Section 21) v Yusuf and Another (028945/2022) [2023] ZAGPPHC 737 (28 August 2023) A creditor, armed with a judgment debt in its favour, is often still

Property Law Update | Issue 11 – 2023

EVICTING STUDENTS: NOT ALL LEASES ARE ALIKE Stay At South Point Properties (Pty) Ltd v Mqulwana and Others (UCT intervening as amicus curiae) (1335/2021) [2023] ZASCA 108 (3 July 2023) In this matter the Supreme Court of Appeal held that

Newsflash | Some good news from us Interest Rates

The Reserve Bank’s Monetary Committee announced a moment ago that it has decided not to hike the interest rate again. The prime rate will therefore remain at 11.75% for the time being. The Committee meets again in September, and we

Property Law Update | Issue 10 – 2023

UNINCORPORATED HOA: PRESCRIPTION ALERT Long Beach Owners Association v Miles N.O – Trial (624/2020) [2023] ZAECMKHC 71 (30 May 2023) When does a debt prescribe that an owner owes to its unincorporated homeowners’ association? Section 13(1)(e) of the Prescription Act

Newsflash | Interest rate is unchanged

Newsflash | Medium Term Budget Speech

Newsflash | Email Fraud Notice

Newsflash | PPRA’s recent notice on mandatory disclosure forms

Newsflash | FIC’S Directive 6 deadline looms

Newsflash | Latest on the Interest Rate

Property Law Update | Issue 12 – 2023

Property Law Update | Issue 11 – 2023

Newsflash | Some good news from us Interest Rates

Property Law Update | Issue 10 – 2023

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