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Wealth Building

Facebook

Flash Briefing: Facebook caught cheating advertisers; GameStop’s Roaring Kitty exposed; interest rates; Covid vaccines

18th February 202118th February 2021

A Facebook employee warned that the company reported revenues it “should have never made” by overstating how many users advertisers could reach.

Expropriation will be the death of SA’s ailing financial sector – Gabriel Crouse

17th February 2021

While expropriation has many obvious consequences, Gabriel Crouse takes a closer look at some of the more insidious effects of government’s property grabbing plans.

Cape Town property

Cape Town luxury property: Sellers under financial pressure, buyers looking for value on Atlantic Seaboard

9th February 20219th February 2021

‘Don’t sit back and wait, this market will recover. It’s only a matter of time. Cape Town is a desirable place’, says property expert Lance Cohen.

Golden Visa

LX Living: Gaining access to the EU through property investment

3rd February 202129th January 2021

BizNews founder Alec Hogg talks to Malcolm Lobban of LX Living about the Golden Visa programme – obtained through investing in property.

SA rich

SA’s rich: where they live, what they studied, how they grow assets – wealth expert

8th January 20216th January 2021

South Africa has more rich people – HNWIs – than Greece or Portugal, though it only has a few billionaires in US dollar terms, says analyst.

Micro-living: Would you trade your big luxury space for a smaller apartment in a central location?

5th January 2021

Once seen as a necessary evil of city living, micro-living apartments have been elevated to luxury status with high-design makeovers.

short-term rentals

Flat vacancy rates already in double-digits rise further; weaker rental growth expected

5th January 20214th January 2021

Flat vacancy rates increased further to 13% in the fourth quarter of 2020, weaker rental growth is expected in the short-term – report.

Chris Hart

The Alec Hogg Show: Meet Chris Hart, gentle giant still standing after mugged by mob #2020

24th December 202026th December 2020

Chris Hart shares a fascinating story of a life punctuated with series of testing personal challenges, including the murder of his identical twin brother. Yet he remains in service of his less fortunate fellows.

Eskom

Eskom CEO De Ruyter shares plan to offload properties worth R10bn

3rd January 202125th December 2020

South Africa’s state-owned power utility Eskom will offload its non-core property assets valued approximately R10bn over the next five years.

Clifton

Cape Town’s Clifton home has price tag of R200m: Can this property beat best price ever?

24th December 202024th December 2020

Nettleton Road, Clifton, is South Africa’s most expensive address. But is this price tag for a slice of prime Cape Town real estate too rich? See recent sales.

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