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BEST RETIREMENT OPTION? LIFE RIGHTS OR SECTIONAL TITLE

The term “Life Rights” may seem unfamiliar to those outside of the retirement community. Far from climbing the property ladder, it could be considered the equivalent of finding a steady balance on the top rung… What is a Life Right? An investment in a retirement development, which guarantees the holder a safe and secure home for […]
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NORVAL FOUNDATION GALLERY AND ZEITZ MOCAA ADD NEW DIMENSIONS TO CULTURAL CAPE TOWN

A hike up Table Mountain, the floral fantasy of Kirstenbosch Botanical Gardens, watching sunset from Signal Hill, enjoying the passing parade of people from all over the world at the V&A Waterfront, the stunning views from Cape Point and Chapman’s Peak Drive – these are among the many incredible experiences iconic to Cape Town, South […]
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SARS WANTS IN ON CRYPTOCURRENCIES

The South African Revenue Service recently stated that it will not treat cryptocurrencies such as Bitcoin and Ethereum as currencies for tax purposes. Instead, tax principles will apply to cryptocurrencies as if they are intangible assets. Despite (because of?) the statement, uncertainty remains regarding the tax consequences of a cryptocurrency gain. The Money Show’s Bruce Whitfield interviewed […]
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VAT HIKE: THE GOOD, BAD, AND UGLY

The good news about the VAT hike is the government decision to exempt 19 food items from VAT, to ease the burden on the poor, says Jonathan Hurvitz, financial director at Teljoy and retail industry expert. These are maize, rice, brown bread, vegetables, dried beans, fruit, samp, vegetables oils, maize rice, legumes, pilchards, eggs, dried […]
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AIRBNB DATA HIGHLIGHTS THE IMPACT OF HOME SHARING

Cape Town – Despite criticisms and clampdowns by cities of listings on Airbnb, their new data for 2017 appear to show positive impacts on local communities and getting tourists off the beaten track. Currently the house sharing website has 4.85 million listings in over 191 countries around the world, citing that 79% of travellers prefer […]