MortgageMax Digest I 09 May2025

Dear Business Partners,

Welcome to your weekly roundup of newsworthy articles. Please share with your clients and developers so that they’re kept up to date with what’s happening in the market.

Your suggestions and comments are always welcome – we’d love to hear from you.

Enjoy!

The MortgageMax Team
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Eskom targets solar users with new fees

Solar users could soon face higher electricity bills as Eskom proposes new tariffs to offset reduced revenue from grid defection.

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MEC Duma slams failed R4.6bn road project

After a multi-billion-rand road project collapsed, MEC Sipho Duma has criticised underperforming contractors and promised stronger oversight.

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Durban water crisis linked to tanker mafia

City officials in Durban report that water supply teams are being blocked by criminal networks controlling water tanker access.

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George Municipality battles developer over collapse

After a tragic building collapse, the George Municipality says it’s struggling to recover funds from the developer involved.

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01

KZN warns contractors: Deliver or face blacklisting

The KZN Public Works MEC is taking a hard line on contractors who deliver poor work or abandon projects – promising blacklisting and legal action.

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02

Joburg loses R313m in transport funding


The City of Johannesburg has forfeited a major Rea Vaya expansion grant due to delays and failure to spend allocated funds.

Read more >>
03

KZN to cut ties with road project delays

The KZN government says contractors stalling roadwork will be removed and replaced to prevent further public disruption.

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04

Good news for investors in South Africa

South African investors can breathe a little easier as positive policy shifts and stability bring renewed confidence.

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05

VIDEO: Joburg cracks down on unsafe buildings

The City of Johannesburg is taking action against abandoned and dangerous buildings, with enforcement now in full swing.

Watch now >>
06

Housing allowance increase for public workers


The government has increased the housing allowance for public servants – a move aimed at supporting affordability.

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Stokvel savings hit R13.3bn – FNB

South Africans are saving more through stokvels than ever before, with deposits reaching a record R13.3 billion.

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Joburg Deeds Office flooded after warnings ignored

Neglected maintenance has led to costly flooding at the Joburg Deeds Office, disrupting services and sparking criticism.

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Upcoming Events

The Western Cape Property Developers 12th Annual Conference

Join top property leaders at the CTICC on 4–5 June to unpack key trends, policies, and opportunities shaping the Western Cape property market.

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The Reside Conference Sandton

South Africa’s premier residential investment summit returns – bringing together the full value chain for two days of insight, networking, and deal-making.

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