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Property expected to continue downward price slide  Cape Town house prices are expected to continue their downward trajectory, which is good news for buyers, but not so much for sellers.
Single and buying property? Read this  Not only are more homes being bought by singles, increasingly the majority are women, say analysts. By Alan Simmonds
Single person households present multiple opportunities  Half of South African adults are single, with 95% of men and 86% of women under 34 never married and not living with a partner – survey.
Why people rent instead of buy their homes  Being a tenant offers more flexibility than buying, but sometimes dwellers have no choice because of affordability.

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Retirement: The good, the bad and the ugly

Lack of affordable housing for elderly South Africans a major problem urgently in need of government help.

The dearth of affordable retirement accommodation is putting many elderly people under pressure to find somewhere to live out their golden years.

Even many of those who have worked for decades are struggling to find the peace retirement is supposed to offer. While the problem is country-wide, in Cape Town there is an “acute shortage” of affordable housing for retired people, says Gavin Weir, deputy director of Noah (Neighbourhood Old Age Homes). 

Many organisations that provide accommodation for middle-income individuals have waiting lists of elderly people looking for a place to call home. The biggest reason for this retirement accommodation shortage, he says, falls under the wider shortage of public housing in the country.

“Not enough affordable accommodation is being built to keep up with the demand for affordable accommodation for those with limited incomes. If a person put their name down on the City of Cape Town’s list for housing provided by the city, it is estimated it would be 60 years before they would be offered accommodation.”

Read more: Retirement: The good, the bad and the ugly

 
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Youth-owned businesses in the agricultural sector are invited to apply for SAB KickStart's Urban Agriculture programme.Now in its second year, the Urban Agriculture programme looks to invest in high potential farming businesses by integrating technology solutions...

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Steinhoff International Holdings has requested consent from creditors to extend the date for the completion of the group's restructuring from August 9 to August 19, 2019, it said in a note to shareholders on Thursday.In the note, Steinhoff said it had decided to...

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Politics

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A company that allegedly facilitated a gift of cattle to former president Jacob Zuma at the behest of former North West premier Supra Mahumapelo has refused to provide the national government with a report on all the contracts it has undertaken for the North West...

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Former senior prosecutor Nomgcobo Jiba has approached the Western Cape High Court, challenging Justice Yvonne Mokgoro's report which found she was unfit for office.Jiba launched the judicial review application on Wednesday, her lawyer Zola Majavu confirmed to News24. ...

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Sports

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Cardiff - Jean Kleyn has the chance to stake a late claim for a place in Ireland's Rugby World Cup squad after he was selected for their first warm-up match against Italy on Saturday.The 25-year-old South Africa-born lock, who won the 2014 Currie Cup with...

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Cape Town - Proteas star batsman Hashim Amla on Thursday called time on one of the great international careers of the modern era when he announced his retirement from all formats of international cricket.He will continue to be available for domestic cricket as...

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