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Published stories attached to the Market news category.
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Build One South Africa's Cape Town mayoral candidate Roger Solomons has proposed extending the city's municipal property valuation cycle from three years to five and auditing city spending, saying homeowners need more certainty when budgeting for rates.
KADGIS has warned the public against buying plots in six police barracks in Kaduna State, saying it never approved a land layout there or authorised Aftech Industries Limited to sell or allocate land.
A study by Moroccan property platform Agenz of nine sales in a single 2020-delivered residence found price-per-square-metre differences of up to 57%, showing that floor level, views and layout can matter more than a neighbour's sale price.
The Gauteng High Court in Johannesburg has dismissed an application for a declaratory order on fees imposed on property practitioners by residential estates, a ruling Human Settlements Minister Thembi Simelane says leaves the industry regulator free to keep enforcing the law.
Shelter Afrique Development Bank and Vista Group Holding have signed a memorandum of understanding to channel long-term capital into affordable housing across West Africa.
Shareholders of Infinity Trust Mortgage Bank have approved a N50bn capital raise that can be executed through a rights issue, private placement or public offer, as the mortgage lender positions itself for expected sector capital rules.
TDC Ghana says Tema Oil Refinery and VALCO owe a combined GH¢581.7 million in rent plus years of unpaid ground rent, with their leases expired and renewal negotiations yet to produce payment.
Kenya's Treasury has drafted proposals to exempt land transactions valued at Sh1 million or less from stamp duty, with progressive rates above that threshold, President William Ruto said at Mashujaa Day celebrations in Eldoret.
A Housing Development Advocacy Network report says African developers are building for a buyer class that does not exist in sufficient numbers, leaving affordable stock underserved even as demand for housing keeps rising.