Our views on the property market

What do fracking in the Karoo and your new townhouse in Gauteng have in common?

by David de Waal on August 6, 2014

Fracking activities and new land development projects, which often require the crossing of water courses, need water-use licences in terms of the National Water Act. In a water-scarce country like South Africa it is important that we have effective laws to safeguard our water supply. The Department of Water and Sanitation is responsible for issuing [Click to continue …]

Foreign property investors should not be discouraged

by David de Waal on July 28, 2014

The motives behind land and rural development Minister Gugile Nkwinti ‘s comments regarding foreign land ownership in South Africa are unclear as South Africa currently does not have a “problem” with foreign buyers crowding out local buyers. Nkwinti said the principle is that foreign nationals should not own land in the country but should rather [Click to continue …]