People & News

2005 Budget speech

24 February 2005

In his 2005 budget speech on 23 February, the Minister of Finance, Trevor Manuel, raised the transfer duty exemption threshold, thereby slightly lowering transfer duty.

No property bubble

24 February 2005

Views on the effect of the budget on property.

Developers flout law

17 March 2005

Companies and developers who flout environmental regulations face a R5m fine or 10 years in jail, according to the amended National Environment Management Act.

Developers up in arms

24 March 2005

SARS has allegedly refused to grant transfer duty receipts to property buyers whose tax affairs were not in order.

Home loans net widens

31 March 2005

Housing Minister Lindiwe Sisulu and the Banking Association of SA are expected to sign an agreement today to spread the home loans net.

House price growth relaxes

07 April 2005

According to Absa's House Price Index, house price growth continues to decline with March recording a nominal year-on-year growth of 26% as opposed to last year's highs of 35%.

Breathing space for foreigners

14 April 2005

Land and Agriculture Minister Thoko Didiza told Business Times that she does not plan to limit non-citizens' property rights.

Tshwane name change

14 April 2005

Recent press reports about the proposed change of name from Pretoria to Tshwane have caused confusion.

Regulation of estate agents

21 April 2005

The government may review the regulatory framework governing estate agents.

Black conveyancers association

05 May 2005

According to De Rebus, a black conveyancers association is to be launched in Cape Town.
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