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Johannesburg pensioners' property rates rebates to continue automatically in 2026/27
The City of Johannesburg says pensioner homeowners already approved for property rates rebates will not need to re-apply for the 2026/27 financial year.
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Catch up on the latest real estate news, updates, and development stories from African markets.
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Latest News
NREIT profit jumps 328% to N6.05 billion in H1 2026, declares N1.72 per unit distribution
Nigeria Real Estate Investment Trust grew pre-tax profit by 328.17% year on year to N6.05 billion in the first half of 2026 and declared a N1.72 per unit distribution.
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Kenya's KDF housing project in Nanyuki reaches 98% completion ahead of handover
Construction of 790 Kenya Defence Forces housing units at Kwambuzi Military Camp in Nanyuki is 98 per cent complete, part of 3,069 units being built for KDF personnel under a public-private partnership.
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Tanzania clarifies land rent rules: six-month grace period before interest applies
Tanzania's Deputy Minister for Lands, Housing and Human Settlements Development has clarified that landowners get a six-month grace period to pay annual land rent before interest is charged, at 0.5 per cent per month.
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South Africa launches real estate learnership programme to deepen property sector transformation
South Africa has launched a real estate learnership programme in Mpumalanga, the second province to roll it out, to equip young people from historically disadvantaged communities with skills for careers in the property sector.
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Kenya explores new funding model as housing levy falls short of 200,000-unit annual target
Kenya is exploring long-term financing options, including with the World Bank, after the 1.5 per cent housing levy proved insufficient to fund its target of building 200,000 affordable homes a year.
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Kenya's lands CS urges built-environment professionals to back draft practitioners bill
Lands Cabinet Secretary Alice Wahome has urged Kenyan architects and quantity surveyors to reach quick consensus on the proposed Architectural and Quantity Surveying Practitioners Bill, warning that delay could hurt its legislative timeline.
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Limpopo emerges as South Africa's second-fastest growing property market
Official data from Statistics South Africa shows home values in Limpopo rose 9.5% year on year, making the province the country's second-fastest growing residential property market behind the Western Cape.
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K-Haven Luxury Homes to expand property development to Abuja, Lagos
Abuja-based K-Haven Luxury Homes and Properties says it will begin property development in Abuja and Lagos, targeting quality construction at reasonable prices and offering diaspora Nigerians managed building projects with progress monitoring.