Tomorrow, Finance Minister Tito Mboweni will deliver his maiden budget speech in what is expected to be a difficult address. The outcome of this speech will impact the South Africa property sector in numerous ways, with the commercial property industry likely to feel a significant impact. While SONA 2019 left uncertainty in some areas, it

A highlight on South Africa’s political calendar kicks off tomorrow at 17h00. The State of the Nation Address (SONA) 2019 marks the official opening of Parliament for the new year and will give President Cyril Ramaphosa an opportunity to address political policies and key challenges that lie ahead. This address will have a direct impact

Galetti have gone full circle. When the company was formed in 2006 we couldn’t have seen how much we were going to achieve in 12 years. Our initial partnership with Knight Frank, a global property group spanning the Americas, Europe and APAC, allowed us to increase our client list of noteworthy investors, business-owners and corporates

Rumbie: So, picking up from where we left off, we were about to discuss some of the ways that blockchain can be incorporated into the property sector. Daniel: Well, the first way is that blockchain is completely immutable; that means you can’t reverse a transaction, you can’t go backwards. If I accidentally pay the wrong

Rumbie: Hi Daniel, thanks for joining me for this chat. Daniel: It’s my pleasure. Rumbie: Ok so let’s get straight into it. What is cryptocurrency, and why all the hype around it? Daniel: So, there’s still a massive amount of learning happening in the blockchain space. People are still trying to figure out where it’s going

  Blockchain has become one of the biggest buzzwords in the world in the last 12 months. But not many people actually understand it or know what is it, what it does, or the purpose its serves. Blockchain is synonymous with cryptocurrencies, in particular, Bitcoin. They are two separate elements, however. Blockchain is the underlying

The Cape Town water crisis has been the topic of discussion on most media channels for many months now, resulting in a lot of panic and speculation. The looming threat of Day Zero had many all packed up and ready to leave, and had a lot of daunting, dramatic and depressing press coverage, further adding

After about a decade of a boom, (or in the opinion of others, a speculative bubble) Cape Town rental prices are facing their first decline. Rentals are stagnating and in some areas even decreasing, thus also impacting residential sale prices. Although many speculated that the drought may decrease property prices in Cape Town, the drought

As with the majority of the other continents, coworking has seen a steep increase on the African continent. Although many of the factors that have caused a global increase in popularity of coworking are global, there are some which are more pertinent and more specific to Africa than others. Africa has the youngest global population,

Due to the increase in the population and thus increased pressure on resources (amongst other reasons), the globe is starting to turn towards a sharing economy. This change in sentiment regards sharing is multi-facetted. Other reasons are from wanting to reduce time in traffic, effects of pollution and decreased availability of space just to name