Friday, May 25, 2018
   
Text Size

Site Search powered by Ajax


Please log queries with our helpdesk, email address helpdesk@veriagent.com 
image image image image
Court prohibits new conveyancing model A company that deals with the day to day administration of property transfers, while the conveyancer attorneys perform the legal side of transfers, ...
Big business 'not paying Joburg council rates' About 2 000 business accounts have been deliberately removed from the City of JoburgÂ’s billing database, ...
'Prepare for property valuation knock-on effects' As Johannesburg and Buffalo City residents deal with the aftershocks of their property valuation hikes, ...
Con artists phishing property transactions Confidential email communication between conveyancing attorneys and property buyers is increasingly being intercepted ...

Media Headlines

Latest News

REVEALED: Factors fuelling the fight over the City of Cape Town's controversial R1bn prime land tender

A lease payment method, forming part of a controversial R1bn tender for the upgrade of stretches of prime City of Cape Town land between Clifton and Camps Bay, means the City's political leadership will gain one mass of income from this rental, but then nothing for nearly half a century, a group of residents has argued in what is becoming a court battle.

In October, after News24 had asked whether the tender had been awarded, the City announced via a media release that it had - it is understood an offer of R1 014 244 500 was accepted.

This had upset some residents, who believed the move would result in the area only being affordable to the wealthy and less affordable to those with lower incomes.

The tender document for the mega development stated that the successful bidder would have to make "an upfront 'bullet payment'" covering a 50-year lease, which would include about 5 000m² for residential and retail facilities, as well as a 3 500m² stretch for a boutique hotel or serviced apartments.

Read more: REVEALED: Factors fuelling the fight over the City of Cape Town's controversial R1bn prime land tender

 
Move
-

Business

Top Headline

The higher inflation print for April makes a stronger case for the monetary policy committee (MPC) to keep the repo rate on hold, according to analysts.Statistics South Africa on Wednesday released April’s consumer price index which was at 4.5%, compared to 4.1%...

Read More...

Johannesburg – Five South African commercial banks are among the top 10 strongest brands in the country.Brand Finance, a business valuation and strategy consultancy company, mentioned ABSA, Capitec, FNB, Nedbank and Standard Bank among the top 10 strongest brands...

Read More...
Move
-

Politics

Top Headline

Cape Town - Audit outcomes for municipalities have continued to regress, with irregular and fruitless and wasteful expenditure each ballooning more than 70% for the 2016/17 year.This is according to the audit results for the country’s municipalities for the 2016/17...

Read More...

National Assembly Speaker Baleka Mbete says an external service provider has been appointed to look into the feasibility of moving Parliament to Pretoria.Former president Jacob Zuma first made the suggestion, in his 2016 State of the Nation Address, to move the...

Read More...
Move
-

Sports

Top Headline

Cape Town - Ashwin Willemse, Nick Mallett and Naas Botha have spoken publicly for the first time since Saturday night's drama on the SuperSport set following the end of the Lions v Brumbies game in Johannesburg. In scenes that have now been seen hundreds of...

Read More...

Cape Town - In a shock move, AB de Villiers has announced his retirement from all international cricket with immediate effect.The 34-year-old announced the news on his own app on Wednesday, posting a video to his followers. The decision comes as a massive blow...

Read More...

Property Search




 City
 Suburb
 Price From
 Price To

Top Headlines

  • 1
  • 2
  • 3
  • 4

Monthly Poll

Do you think SA can win the 2020 Olympic bid?

Latest News

Online Payments


Veriagent.com accepts Mastercard and VISA card payments on this website, powered by PayGate.

Disclaimer

IMPORTANT: DISCLAIMER. YOU ASSUME ALL RISK AND RESPONSIBILITY FOR YOUR DECISION TO USE THE VERIAGENT SERVICES. THE VERIAGENT SERVICES AND ALL RELATED SERVICES ARE OFFERED "AS IS" AND VERIAGENT DISCLAIMS ANY EXPRESS OR IMPLIED WARRANTIES INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
Website Security Test

Login Form


Version 1.3