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Foreign Buyer Property Solutions has warned foreign buyers that using the wrong Balance of Payments codes can result in capital being frozen.
The latest inflation print is well-above the Reserve Bank’s target, but peace between the US and Iran could halt any further interest rate increases.
South African-born Elon Musk is closing in on a net worth of over $1 trillion, which is nearly equal to the combined net worth of all 65 million South Africans.
The South African Reserve Bank is now expected to keep interest rates on hold this month following Israel and America’s attacks on Iran.
The South African Reserve Bank (SARB) Monetary Policy Committee has voted to hold South Africa’s interest rates.