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Cape Town Economy Holds During Covid

Cape Town Economy Holds During Covid

The economy of the Cape Town CBD remained stable in 2020 despite Covid-19, with the official nominal value of all property set at R43.8 billion by the City of Cape Town – and at least 31 new developments worth more than R6.9 billion in the pipeline.

Property Sector Thoughts on Medium-Term Budget Speech

Property Sector Thoughts on Medium-Term Budget Speech

While the primary focus of the 2021 Medium-Term Budget Speech was the government’s plan to narrow the budget deficit and achieve a surplus by 2024/2025 , property sector insiders welcomed the news that the country’s economic growth outlook has improved.