Sunday Tribune 2024-02-11

Ian Wyles Auctioneers will be auctioning a modern sectionalised office suite in the upmarket area of Kloof on February 28 at 11am. The property, Unit 2, 68 Old Main Road, forms part of a modern office development that comprises six sectionalised units accommodated in double-storey and single-storey buildings. The property is readily accessible from the M13 and in proximity to Kloof Village Mall and Kloof Country Club. The unit, which is on the first floor of the double-storey building, has with quality finishes throughout. It comprises: Two offices and an open-plan office leading out onto a balcony. A communal reception and boardroom. Communal toilets and a kitchen. A storeroom. Available wi-fi. Designated and additional parking The auction will be live, and online via ZOOM, at The Oyster Box, uMhlanga. Viewing…

In2assets will be hosting the Xpress Homes auctions of two luxurious properties on February 15 at noon. The first property is Unit 607, Coral Reef Apartments, 228 South Beach Road, La Mercy. The beach-front flat is on the sixth floor of the esteemed building and features panoramic sea views, contemporary design and access to premium amenities. It has an extent of 127m², three bedrooms, two of which have en-suite bathrooms, an enclosed balcony and secure undercover parking. The second property is at a premium address in uMhlanga Rocks. Unit 404, uMhlanga Arch, 1 Ncondo Place, uMhlanga Ridge, has an extent of 92m² and is fully furnished. The property features innovative designs and is within walking distance of bespoke retail offerings and the Legacy Yard, which offers artisanal food and craft…

Auctions are a dynamic and efficient method of selling goods. They are transparent, competitive and versatile, and provide sellers with the potential for higher returns and a faster sales process. The top 5 reasons for choosing to sell goods via auction: 1. Auctions create a competitive environment, fostering a sense of urgency among potential buyers. The competitive bidding process often leads to higher prices, maximising the seller’s returns. The competitive nature ensures that the market determines the value of the item, reflecting its true worth at that moment. 2. Auctions provide a transparent platform, allowing all participants to witness the bidding process and the prices offered by others. The transparency builds trust among buyers as they can be confident that the item’s value is determined through open and fair competition.…

South Africa’s cost-of-living crisis just reached a new high with news that motorists will be hit with yet another petrol price hike. This follows the announcement by the Department of Mineral Resources and Energy of the official fuel price adjustments for February 2024, showing a jump in the price of both 93 and 95 unleaded petrol as well as diesel prices, as of Wednesday. Petrol prices went up by 75 cents per litre, which means consumers are now paying R22.92 per litre for 93 unleaded petrol, up from R22.17 in January, and R23.24 for 95 unleaded, up from R22.49 in the previous month. This means that petrol is inching back to R25 a litre, figures last seen in October 2023 when prices peaked at R25.86 a litre, reaching a high…

Cyril Ramaphosa’s State of the Nation Address (Sona) delivered this week has attracted widespread criticism, many saying the president tried too hard to campaign for the governing party. With the 2024 elections looming, Ramaphosa, throughout his speech, told the nation about the government’s achievements over the past 30 years. He also gave a strong indication government would stick to its new-found policy of relying on the private sector to fix the country’s energy and logistical crises, which are hindering economic activity. Ramaphosa said government would seek private sector players to plough money into expanding the country’s electricity transmission grid to accommodate additional renewable energy. Last year, National Treasury decided to shoulder R254 billion of the more than R400bn Eskom needed to relieve its balance…

Tourism industry players’ noses were out of joint after President Cyril Ramaphosa’s two-hour 2024 State of the Nation Address (Sona) this week failed to mention the sector. Rosemary Anderson, Federated Hospitality Association of SA’s (Fedhasa) national chairperson, said the association was deeply disappointed that tourism was not mentioned once during the Sona. “This oversight of tourism’s immense potential for job creation and economic growth is baffling. “The president spoke fervently about business needing to create more jobs. Yet his administration continues implementing obstacles that actively hinder the tourism and hospitality industry’s ability to meet this goal,” she said. The solution is simple: the tourism industry is the fastest route to tackling unemployment and creating jobs, equipping the very individuals noted in the Sona address with skills and livelihoods, she said.…