Sunday Tribune 2024-02-25

Cannon’s Auctioneers’ first on- line auction of the season will be on Wednesday and Thursday, from 8am daily. More than 700 carefully selected lots will be on offer. They are available to view at Cannon’s premises in Hilton or online. Day one will feature books, stamps, world ceramics, glassware, jewellery, electroplate and hallmarked silver, ending with collectables at 4pm. Day two will start with militaria, followed by clocks, scientific instruments, art, antique furniture and Persian carpets. Of great historical significance in the militaria section is The Natal Rebellion medal with 1906 clasp and CMG companion of the Order of St Michael and St George, which is an enamel and gold breast badge, with gold swivel-suspension bar and ribbon buckle on the original ribbon. Both were awarded to Alfred Fairlie Henderson…

Ian Wyles Auctioneers is hosting two auctions of property – a residential property and three residential stands – in Yellowwood on February 28 at 11am. The first property is at 42 Warbler Way, Yellowwood Park, and is in proximity to shopping centres and all amenities. The main residence of the family home comprises: A kitchen. A lounge with fireplace leading out on to a balcony. Three bedrooms (main en-suite). A family bathroom. A separate toilet. A swimming pool. A double garage. An automatic gate. The garden cottage comprises: An open-plan kitchen with a small lounge area. A bedroom. A bathroom. Cottage 2 comprises: A kitchen/lounge. Two bedrooms. A bathroom. The second property going under the hammer comprises three vacant residential sites. They are at 11, 13 and 15 Jacana Road,…

In2assets will be auctioning three properties that are ideal for investors and developers, on March 19 at 11am. The first property is a multi- tenanted industrial property park at 105 Nagington Road, Wadeville, Germiston. The lucrative industrial investment is in the established industrial suburb of Ekurhuleni, known as Wadeville, and is in proximity to highways connecting the area to the greater Gauteng city region. The development has an extent of 21 497m² and a GLA of 10 922.5m². It caters to the needs of SMMEs in the engineering spectrum. The property features buildings of varying sizes and a flexible internal configuration. Individual water meters and prepaid electrical meters are installed in each unit. There is also a large yard, suitable for delivery vehicles. On the same street as Elsburg…

Finance Minister Enoch Godongwana managed to tread a fine line with his 2024/2025 Budget Speech this past week. Pundits touted the platform as his opportunity to demonstrate the country’s commitment to reining in liabilities, as demands on public finances increase ahead of the national election schedule for May 29. His budget centred around a plan of action to tackle the fiscal deficit. Macroeconomic aggregates were very much in line with what economists expected – weak economic growth, sustained high inflation that impacts interest rates and high levels of unemployment and poverty – which motivated extending and increasing the social wage support grant. Neil Roets, the CEO of Debt Rescue, told Business Report that the minister delineated government plans to cut inefficient expenditure and spur economic growth potential to boost revenue…

The South African job market experienced the same level of hiring activity over the past two years (from Q4:2021 to Q4:2023), according to the Pnet Job Market Trends Report, which provides insight into recruitment and employment trends in the local market. Pnet’s research revealed that, year-on-year, hiring activity has neither increased nor declined (0%). The local job market saw a 1% decline quarter-on-quarter in the fourth quarter of 2023. This was driven by a big slump in hiring activity in December, it said. The 2024 Salary Guide found that earning was the number one reason why people looked for a job, took up a job or found a new job. According to Statistics SA, the average monthly salary in South Africa is R26 086. In the interest of job…

This week’s announcement of May 29 as the date of the next elections, as well as the successful delivery of the Budget speech, continues a flurry of positive news throughout this first quarter this of year, as South Africa prepares to celebrate 30 years of democracy and aims to attract more domestic and foreign investment. As South Africa prepares to hold its seventh national and provincial all-inclusive election, let us be reminded of a democracy that was won through a fierce Struggle against apartheid. Let us not take for granted the ability to hold elections at a promised time and have their outcome respected by all parties or use mechanisms like the electoral court to settle disputes. We must protect democratic institutions like the Electoral Commission of SA (IEC) to…