- The economy took centre stage on Thursday night as President Cyril Ramaphosa delivere...
- The City of Johannesburg has urged residents not to panic ahead of the planned servic...
- Minister of International Relations and Cooperation Naledi Pandor has reprimanded Sou...
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What landlords and tenants need to know about the Property Practitioners Act
The Property Practitioners Act now just needs the president’s signature to come into effect, and when it does it will bring about many significant changes in the property sector.
The Property Practitioners Act will not only replace the Estate Agents Act which has been in force since 1976, but considerably broaden the scope of that legislation to cover commercial property brokers, bond originators, home inspectors, home owners’ associations, companies selling timeshare and fractional title, property developers and property managers as well as “traditional” estate agents.
The new legislation also defines a managing agent, says Andrew Schaefer, MD of national property management company Trafalgar, as “anyone who collects or receives any money payable in respect of a leased property or business undertaking or who provides, procures, facilitates, secures or otherwise obtains or markets financing for or in connection with the management of leased properties.
Read more: What landlords and tenants need to know about the Property Practitioners Act
Business
The SA Reserve Bank will likely cut the repo rate by about 25 basis points at its Monetary Policy Committee meeting in July and then keep rates flat for a while, Nicky Weimar, senior economist at Nedbank, said on Wednesday.In her view, such a rate cut might lead...
Read More...It took a day to make the suit worn by President Cyril Ramaphosa on Thursday evening for his State of the Nation Address, and the company that created it hopes the presidential nod will inspire the nation to buy locally-made goods.The bespoke suit from House of...
Read More...Politics
Judgment in the land occupation case against EFF leader Julius Malema was reserved by the Bloemfontein Magistrate's Court...
Read More...A tense standoff is unfolding between former president Jacob Zuma and the state capture commission of inquiry, headed by Deputy Chief Justice Raymond Zondo.It is now increasingly likely that the commission will have to resort to employing its wide ranging powers...
Read More...Sports
Cape Town – You have to feel a bit for Ottis Gibson, standing over what are effectively the dying coals of the Proteas’ CWC 2019 campaign.It is his now monumental task, in tandem with unusually drawn-looking captain Faf du Plessis, to try to lift the national...
Read More...Cape Town - Former Proteas coach Ray Jennings says he does not believe that AB de Villiers made himself available for South Africa's Cricket World Cup campaign 24 hours prior to the team being announced."AB is the most sincere person - definitely not selfish...
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Everything you need to know about how Ramaphosa plans to fix the economy The economy took centre stage on Thursday night as President Cyril...
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'No need to panic' - City of Joburg assures residents ahead of planned water interruption The City of Johannesburg has urged residents not to panic ahead of...
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