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Property News

Time almost up for timeshare industry

24 Nov 2017

Stuck with a holiday club membership that you were ambushed into signing? Mystified by the booking process? Told you cannot cancel the contract? Paid exorbitant annual levies and never seen any benefit?

Unfair practices in the timeshare industry have been in the ...

Tourism accommodation industry posts modest revenue increase

22 Nov 2017

Total income for the tourist accommodation industry rose 1.8% in September from a year earlier, Stats SA showed on Monday.

The industry made R2.08bn in September compared with R1.927bn in September last year.

Income from accommodation - which excludes rest...

Illegal estate agents 'due to a lack of proper industry regulation'

17 Nov 2017

The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.

Jan le Roux, Chief Executive of Rebosa (the Real Estate Business Owners of South Africa) questioned these figures and want...