MortgageMax Digest I 21 March 2025

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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Tshwane house valuation: From R930k to R11m!

A property owner in Pretoria got the shock of his life when he recently received a notice that the house where he has been living since 1992 has been valued at R11 million, up from the current R930 000.

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Rising rental prices in CT’s northern suburbs amid economic challenges

The rental market in CT’s northern suburbs is experiencing strong growth, experts advised, amid the slight VAT increase announced by Finance Minister Enoch Godongwana, which may raise the cost of purchasing properties.

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George building collapse: Latest report finds building inspection procedures not followed

Minister of Human Settlements, Thembi Simelane said that if the final report reveals breaches of the Housing Consumers Protection Measures Act, her department will take legal action.

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The Money Show with Stephen Grootes

Catch the latest full weekday episodes of the award-winning program hosted by Stephen Grootes.

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01

FlySafair launches new route in South Africa


Low-cost airline, FlySafair has launched a new route between Lanseria International Airport and George Airport.

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02

Standard Bank sees rand hitting R17.75 to the US dollar

In its base scenario for the year, Standard Bank expects the rand to be at R17.75 to the United States dollar at the end of 2025.

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03

What are the City of Cape Town’s plans for the unfinished bridge?

Lester spoke to Councillor Roberto Quintas, Mayoral Committee Member for Urban Mobility at the City of Cape Town, to discuss whether there are any plans for the foreshore’s unfinished highway.

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04

Can Joburg fix itself before the G20 Summit?


It really was quite something to see President Cyril Ramaphosa addressing a council sitting in the City of Joburg earlier this month. Presidents don’t typically show up to council meetings.

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05

Western Cape calls for explanation over housing budget cuts

The WC Department of Infrastructure has requested an explanation from the National Department of Human Settlements following its decision to cut R300 million from the housing grant allocation.

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06

Lower interest rates: Simon Brown on renting vs buying a home

With three Sarb repo rate cuts, has Simon Brown, the founder of Just One Lap and host of the MoneywebNOW show, changed his mind about buying? Find out on The Property Pod on Moneyweb.

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Coega mill confident SA can be continent’s green-steel hub

South Africa’s steel production output last year reflects the significant contribution being made by secondary-steel producers to the economy and efforts to curb carbon emissions.

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Upcoming Events

Western Cape Property Developer Forum 12th Annual Conference

The 2025 Conference will be held at the CTICC in Cape Town, on Wednesday 4 and Thursday 5 June.

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The Reside Conference Sandton

The 3rd Annual Residential Investment & Development Summit is SA’s opportunity to bring together the entire residential value chain to share knowledge, collaborate and do business.

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