Comments below by Dr Andrew Golding, chief executive of the Pam Golding Property group With the inflation outlook deteriorating since the previous Monetary Policy Committee meeting – with the headline inflation rate again breaching the upper limit of the 4-6% target for the second consecutive month at 7.4% in June 2022, it was inevitable that […]
Given the fragile state of the local economic recovery, with high unemployment, rising poverty levels and household finances under pressure from rising prices – including the prospect of another significant hike in the fuel price next month (June) as government’s temporary R1.50 per litre general fuel levy subsidy ends, one could argue that any increase […]
This was a carefully balanced budget, acknowledging that an increased tax burden would threaten economic recovery, while using the tax revenue windfall to stabilise debt and provide additional support to vulnerable households and SMEs struggling in the wake of the pandemic, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “With a […]
Given the vulnerability of South Africa’s economy in the wake of last week’s unrest, as anticipated, the Monetary Policy Committee adopted an accommodative approach by deciding to keep the repo rate steady at 3.5%, which leaves the prime rate at 7%, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “That said, […]
With the arrival of Covid-19, a real life, remote working experiment has been put to test, and whilst it has had its challenges, such as the loss of control and a sense of disconnection amongst peers, it has also opened our eyes to the potential of employees working effectively from home, supported by smart IT […]
While in general, auctions, including on-line auctions, have for some time been an accepted way of marketing and selling residential property to an ever-growing audience, there are still a number of misconceptions which exist, which have prevented home buyers from embracing what is an attractive and highly beneficial sales channel, says Tania Smit, head of Pam […]
As the world grapples with the uncertainty surrounding the long-term implications of Covid-19, there is a measure of agreement on one thing – the global pandemic has fast-tracked numerous trends which were already emerging prior to the crisis. Says Anthony Stroebel, head of New Business Development for Pam Golding Properties and a director of the […]
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The Monetary Policy Committee’s decision to keep the repo rate stable was not entirely surprising, as the 300bps rate cuts for the year to date are still taking effect, given the fact that the economy was in lockdown during Q2, and with restrictions not yet fully lifted, says Dr Andrew Golding, chief executive of the […]
As South Africa continues gradually emerging from the national lockdown, the luxury residential property market is showing promising signs of increasing activity, says Dr Andrew Golding, chief executive of the Pam Golding Property group. Among most recent sales by Pam Golding Properties is a home in Clifton on the Cape’s Atlantic Seaboard purchased ‘sight unseen’ […]