SA Economy News

South Africa’s downgrade

South Africa’s downgrade One investment grade remains, which is enough… for now On the 24th of November 2017, Standard & Poor’s downgraded South Africa’s government debt denominated in local currency to sub-investment grade, and debt denominated in foreign currency to BB from BB+.

South African Budget Speech 2017

South African Budget Speech 2017 On 22 February 2017, the South African government’s budget for the fiscal year 2017/2018 was presented by Pravin Gordhan, Minister of Finance and the framework for the next three years was defined.

2019-02-14T09:24:35+01:00Mar 17th, 2017|Categories: SA Economy News|Tags: , , , |

Property news in South Africa

In a recent article by Dr Andrew Golding, it is evident that Cape Town’s property market outperforms the rest of South Africa. saCape Town’s coastline and mountains act as a major constraint on the city’s ability to expand, which goes some way towards explaining the out performance of the Cape housing market.