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Impact of interest rate hikes on SMEs, Agriculture and Commercial Property

A more significant 50 basis point hike, leads us to expect that we may see some renewed slowdown in sales activity in the commercial property sector in the 2nd half of 2022, says John Loos, Property Sector Strategist at FNB Commercial Property Finance. The South African Reserve Bank’s decision to increase the repo rate by […]
South Africa’s credit outlook upgraded by S&P

Standard & Poor’s (S&P) upgraded its outlook on South Africa’s credit rating to positive from stabl Standard & Poor’s (S&P) upgraded its outlook on South Africa’s credit rating to positive from stable while affirming the long-term foreign and local currency debt ratings at ‘BB-’ and ‘BB’, respectively. According to S&P, recent favourable terms of trade […]
Delta Property Fund’s new CEO dishes out maiden results

Siyabonga Mbanjwa, a seasoned construction and property executive, was appointed the new CEO of Delta Property Fund last November. The new boss of SA’s black-managed and substantially black-owned REIT, Delta Property Fund, today dished out record financial results for the year ended February 2022, emerging as a turn-around story. Siyabonga Mbanjwa took over the reins […]