Posts tagged with 'Suid-Afrika'

 

Shocking number of skilled professionals leaving SA – for every one professional coming to the country, eight are leaving – black emigrants exceeds whites

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Shocking number of skilled professionals leaving SA - for every one professional coming to the country, eight are leaving

Qualified and skilled professionals are leaving South Africa in droves in search of better opportunities for them and their families. The ongoing problems of crime, economic uncertainty, political problems, affirmative action, BEE and unemployment are driving citizens to look for greener pastures overseas. The loss of skills through emigration is enormous – for every one..
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Fourth suspect in Isis-linked murder of British couple killed in SA, to apply for bail

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Fourth suspect in Isis-linked murder of British couple killed in SA, to apply for bail

The fourth accused in the Isis-linked murder case of Cape Town-based British botanists Rodney and Rachel Saunders will make a formal application for bail in the Verulam Magistrate’s Court, north of Durban, on Thursday. Ahmad Jackson Mussa, a 35-year-old Malawian citizen better known by his alias “Bazooka”, will apply for bail after being held in..
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Marthinus van Schalkwyk Suid-Afrika se nuwe hoëkommissaris in Australië

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Marthinus van Schalkwyk Suid-Afrika se nuwe hoëkommissaris in Australië

Marthinus van Schalkwyk, voormalige minister van toerisme en eertydse premier van die Wes-Kaap, is Suid-Afrika se nuwe hoëkommissaris in Australië. Die 59-jarige Van Schalkwyk, wat die laaste paar jaar Suid-Afrika se ambassadeur in Athene, Griekeland, was, het Dinsdag in Canberra, die Australiese hoofstad, sy geloofsbriewe aan sir Peter Cosgrove, dié land se goewerneur-generaal, oorhandig. Van..
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Seven South Africans amongst injured passengers on Egypt tourist bus when horrific roadside bomb caused explosion

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Seven South Africans amongst injured passengers on Egypt tourist bus when horrific roadside bomb caused explosion

An explosion targeting a tourist bus injured at least 12 people near a new museum being built close to the Giza pyramids in Egypt on Sunday, two security sources said. Most of those injured were foreign tourists, the sources said. One security source said they included seven South African nationals. There were no reports of..
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International students gets warm welcome in SA – Armed gang robs foreign students, at Mamelodi East school during outreach programme

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Armed gang robs foreign students, at Mamelodi East school during outreach programme

A group of 19 international students and two professors were robbed at the Viva Foundation School in Mamelodi East. The South African Police Service (SAPS) on Monday launched a massive manhunt for a group of armed men who robbed visiting foreign students at a school in Mamelodi, east of Pretoria. Gauteng’s SAPS spokesperson, Brigadier Mathapelo..
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French Tourist mugged, robbed and stabbed in historic Bo-Kaap, South-Africa – Tourists are increasingly being warned to avoid South Africa because of the huge incidence of violence

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French Tourist mugged, robbed and stabbed in historic Bo-Kaap, South-Africa

A woman was reportedly mugged, robbed of her backpack and stabbed in the neck on Tuesday morning in the historic Bo-Kaap, formerly known as the Malay Quarter. According to IOL, the woman – a French national – was attacked in Chiappini Street – the famed street that draws hundreds of tourists daily thanks to its..
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Shocking number of South Africans selling up and leaving the country

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The FNB Estate Agents Survey results for the first quarter of 2019 has shed some light on the current market activity and sentiment. Shockingly, the survey reveals a massive jump in the number of people selling up and leaving the country. According to the lender, estate agents did not perceive further slowing in housing demand in the first quarter of 2019. Their average estimate for “serious viewers per show house prior to sale” was 9.97 viewers per show house, virtually the same as the estimate of the prior quarter. This, however, still languishes behind the historical average of 11.95 viewers since 4Q06, noted FNB economist, Siphamandla Mkhwanazi. In addition, agents did not perceive a further weakening in the balance between demand and supply in the first-quarter survey. The average time of homes on the market moved sideways at 15 weeks and 3 days from 15 weeks and 6 days in 4Q18, putting a break on a broadly rising trend since the end of 2015. “This is significantly lower than the most recent peak of 17 weeks and 6 days in 3Q18. “Notwithstanding, this suggests that current demand levels are still insufficient to mop up available supply of housing stock on the market, when compared to the long-term average of 13 weeks and 4 days since inception of the survey question in 4Q04,” said Mkhwanazi. Reasons for selling Estate agents perceive “Downscaling because of life stage” as still the most prominent reason for selling a property in South Africa, with such sales accounting for 23% of all sales, flat from the previous quarter, FNB said. However, emigration-driven sales now account for 14.2% of all sales, a big jump from 10% in 4Q18. “In fact such sales, according to estate agents, have doubled in the past two years and are, as expected, more prominent in the coastal areas and in upmarket segments,” Mkhwanazi said. On a slightly positive note, although downscaling due to financial pressure has become increasingly prominent in the past year, the estimated proportion of such sales eased to 15.9% in 1Q19, from 19% in 4Q18, FNB said. Of those who sell due to financial pressure, an estimated half opt for the rental market, and the other half opts for a cheaper property. The proportion of those who opt for rentals has, over the past year, been rising, only retreating in 1Q19 at approximately 49.01% from 68.01% in 4Q18, the lender said. “However, these trends do not appear to have benefited the rental market, as vacancies are reported to be increasing and rental inflation continues to languish below inflation. One explanation could be that households are consolidating in the rental market, opting for shared space,” said Mkhwanazi. Similarly, the survey showed a rising trend of communal living property purchases. FNB define this as people buying property jointly with friends or other extended family members with a view to living together to share expenses/repayments. The 1Q19 results show that 15.9% of respondent agents are seeing this trend increasing in their respective markets, up from 12.7% in 4Q18. “This consumer behaviour is not surprising when viewed in the context of housing expenses outpacing wage growth, and consistent with other manifestations of consumer pressures in adjacent markets, such as the passenger car market wherein total volumes are declining but the proportion of SUVs (family-oriented cars) is rising,” said Mkhwanazi.

The FNB Estate Agents Survey results for the first quarter of 2019 has shed some light on the current market activity and sentiment. Shockingly, the survey reveals a massive jump in the number of people selling up and leaving the country. According to the lender, estate agents did not perceive further slowing in housing demand..
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Murdered Irish aid worker John Curran’s ‘killer’ to apply for bail in April

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Murdered Irish aid worker John Curran's 'killer' to apply for bail in April

Mitspa Mzakomba Onyoka, 24, was seen on CCTV in a lift in the apartment building where murdered John Curran lived in Buitengracht Street in Cape Town. Mitspa Mzakomba Onyoka, 24, was seen on CCTV in a lift in the apartment building where murdered John Curran lived in Buitengracht Street in Cape Town. The man accused..
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Zionists have joined the campaign against the University of Cape Town’s proposed academic boycott of Israeli universities

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Zionists have joined the campaign against the University of Cape Town's proposed academic boycott of Israeli universities

The SA Zionist Federation has asked UCT alumni for “urgent assistance in taking a stand against this dangerous attempt to attack Israel and undermine academic freedom at UCT”. In a statement on Tuesday, federation chair Ben Swartz and Cape chair Rowan Polovin said a boycott, which goes to the vote at the UCT council meeting..
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Going abroad shouldn’t have to mean that you get cut off from all the local content that you enjoy – How to catch South African sports and shows abroad

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Going abroad shouldn’t have to mean that you get cut off from all the local content that you enjoy - How to catch South African sports and shows abroad

In 2016, a report by PPS—an investment, insurance, financial planning and healthcare firm for graduate professionals—indicated that 54% of South African graduates plan to move abroad for work within five years of graduating. Moreover, the report goes on to state that 69% of those who intend to move will also make a point of staying..
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