Budget relief for prospective property investors: Expert - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Finance Minister Tito Mboweni has provided some relief to prospective buyers looking at investing in South Africa’s property market via SABCNewsOnline

delivered on Wednesday afternoon, Mboweni adjusted the threshold for transfer duties, with zero-duty payable to properties valued at under R1 million.

Growth Head at FNB Home Finance Buyisile Maseko says this move will positively impact prospective buyers and help encourage home ownership in South Africa. Chief Executive Officer of Pam Golding Property Group Dr Andrew Golding has lauded the Finance Minister’s efforts in making it easier for first time home buyers to now afford housing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2020 budget revised down by R10.7 Billion - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Of which 6 billion is going down the SAA toilet
Source: SABC News Online - 🏆 32. / 51 Read more »

Pegmin mineworkers down tools - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Mine and general workers at Pegmin Micronized Mine at the small farming town of Mica outside Hoedspruit in Limpopo have downed tools over salary increase. sabcnews 10 million unemployed people out there...
Source: SABC News Online - 🏆 32. / 51 Read more »

Unemployed people to march ahead of budget speech - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.As Finance Minister Tito Mboweni puts the final touches to his budget speech, about 200 unemployed people will march to Cape Town municipal offices as part of their programme of action under the slogan “the cry for the excluded “. Budgetspeech SABCNews
Source: SABC News Online - 🏆 32. / 51 Read more »

South Africa, Australia set for thrilling T20 decider at Newlands - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa and Australia will meet at Newlands Cricket Ground on Wednesday in a series-deciding T20 international. Go Proteas! We're behind you... OfficialProteas ... I hope the proteas make us proud. Sunday game was nerve racking. It reminded me of Chris Gayle chasing us alone. All the best for the boys
Source: SABC News Online - 🏆 32. / 51 Read more »

Mediators cautiously optimistic South Sudan peace will hold - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.As South Sudan moves to form a government of national unity, after years of civil conflict, mediators to the country's peace agreement are cautiously optimistic that the peace will hold. So people are killing each other in South Sudan because of this two guys.
Source: SABC News Online - 🏆 32. / 51 Read more »