Featured Properties
Restored Victorian! Muizenberg!
590 sq meters plus a council owned strip measuring 300 sq meters ... Read more
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Lifestyle Farm in Bredasdorp!! Urgent sale, price reduced for quick sale.
Two Guest Cottages, Amazing Entertainment Indoor & Outdoor Areas, Splash Pool, Open Plan Flatlet, Huge Workshop, Double Garage, Open Plan Kitchen, Indoor Braai, Loads Of Accommodation, Office Space, Open Plan Dining Room ... Read more
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Large, Bright & Sunny Apartment R2.65mil
Well appointed, 3 bed apartment in great location. Almost on the beach.
Exclusive, upmarket very spacious with loads of cupboards. State of the art kitchen, great for entertaining. ... Read more
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Awesome View! Kalk Bay! R2.5mil
A place for all seasons, its unique in every way, unbelievable value, where in the world can you buy a beautiful piece of land with views such as these and be within walking distance of the local village shops?
VACANT LAND ... Read more
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Interest Rate remains unchanged |
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SARB increased its CPI inflation forecast to a peak of 6.6% in 2Q2012 due mainly to a weaker Rand and staying above 6% for all of 2012, only re-entering the 3%-6% target in 1Q2013 and ending 2013 near 5.5%. At the same time, SARB lowered its growth forecast to 2.8% in 2012 and 3.8% in 2013, with a widening of the output gap.
The main risk to the economy continues to come from global developments. Given these conditions, SARB decided to keep rates unchanged, feeling that monetary tightening at this stage would not be appropriate and favouring a stable interest rate environment under present circumstances. Thus South Africans will continue for the time being to enjoy interest rates that are at a long term low, with prime at 9%, benefiting borrowers in all the various credit categories. As things stand, these low interest rates may continue to prevail throughout 2012 and even into 2013, depending mainly on how global developments affect our inflation and growth. |
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