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ECONOMIC REVIEW

Sinking like a bric? To certain extent the vagaries of currency markets reflect the belief others hold in one

BUSINESS REVIEW

Prof Jansen, the UFS vice-chancellor is well publicised as a result of what he says. His latest comment on access versus success to/in education comes from statistics that 6 years ago that university

PROPERTY REVIEW

FNB reports that house price growth in the former black townships continues to outstrip that of the former white suburbs. These prices grew by 17% year-on-year in the 2nd quarter of this year as opposed to the 7.4% for the house price index for the major metro regions.

JJL reports that the Johannesburg office vacancy rate improved to 11.3% in the 2nd quarter of this year. This improvement is driven mainly by A space where the vacancy rate fell to 8.8%. It is said that rental growth should be maintained in the larger regional and super-regional malls whilst smaller centres might struggle.

The house price growth for holiday towns has increased by only 1.9% in the 2nd quarter of this year.

Sanlam says that listed property in South Africa is currently overvalued and that direct ownership is more likely to bring strong returns.

PRACTICE

A perfect storm; the best thing to happen to the profession since the Seventh Commandment! The latest salvo in the release of information from an infidelity website is reported to be great for business; think lawyers, therapists and cyber security.

Jibberish: Those who govern us seem unable to understand that appointing persons tainted in controversy simply does not work. The appointment of adv. (her current title

CASES

Communal property associations, Act 28/96

The latest Concourt decision deals with non-registration of communal property associations and the effects thereof.
Bakgatla Case 231/14

Selling sectional units in an proclaimed development

The case below provides that sectional units may be validly sold in an un-proclaimed development within Gauteng. This is contrary to the intent of the relevant legislation which prohibits the sale of stands in such a township. This lacuna is owing to an argument that sectional title is not an erf as defined in the relevant Ordinance.
Erf 441 Robertsville 2007 (2) SA 197 (W)

Outstanding levies revisited

Is an HOA entitled to compel the payment of outstanding levies older than 3 years old

QUOTABLES

Be who you are and say what you feel, because those who mind don

WEIRD & WONDERFUL

Our Commission for the Promotion and Protection of the Rights of Cultural and Religious and Linguistic Communities

LIGHTEN UP

Never say this to a lawyer:

Gentle Reader

Gentle Reader,

She-Who-Must-Be-Obeyed and I will be taking a break which will cause a hiatus of a month in the delivery of Business Bytes.

On matters relating to holidays: Can you remember those ancient risqu