> Home buyers and investors were given a welcome break in the 2011 Budget when Finance minister Pravin Gordhan announced that no transfer duties will be paid when buying a property up to R600 000 on purchase agreements concluded on or after February 23rd, 2011 – raising the threshold from R500 000. This is a saving [...]
It seems the world has long forgotten the Credit Crisis – the worst recession in 80 years that was spawned by the panic that followed the failure, in September 2008, of Lehman Brothers. The $4.2 Trillion that the Credit Crisis has cost the US government surpasses the $3.6 Trillion (adjusted for inflation) that World War [...]
Recent High Court decisions brought good news for landlords and body corporates. The decisions held that defaulting sectional title owners and tenants of leased property cannot hide behind the debtor protection provisions of the National Credit Act. In summary, the NCA debt counselling process, with its inherent delays and risks for the creditor, does not [...]
Manage your money like a business using discipline and common sense draw up a budget of your monthly income and expenses, to ensure a sound financial future. Working with a personal budget puts you in control of your money, helping you achieve your savings goals; or if you’re in debt, a budget is a proven [...]
Not too long ago Cees Bruggemans was admonished for being an alarmist when an article was published in which he warned that the world was heading into a recession. Following the previous post on this blog, it is somewhat prophetic that he release the following article today. (Take time to read also at REAP Club [...]
