[TOP STORY] Locals priced out as Cape Town’s luxury property market soars

Loading player...
‘I think we need to just take the R1 billion and put it into perspective - at the average purchase price for foreign buyers of R2.7 million, it's actually only about 370 properties,’ says Grant Smee, CEO of the Only Realty Property Group.
15 Oct 9AM English South Africa Business News · Politics

Other recent episodes

Transnet CEO on freight rebound and shrinking losses

Order. Eat. Repeat: Uber Eats unpacks SA’s wildest food habits of 2025. SA farmers left reeling after Botswana reimposes sudden vegetable import ban. And what to check before switching insurers as new premiums and risk profiles roll out.
15 Dec 5AM 30 min

Brazil and SA meet for urgent talks on meat security

New vehicle finance business up 12% as demand accelerates. South Africa’s digital banks still run on decades-old systems – and it’s driving up costs, says expert. And why it’s not your bonus that is broken, but your budget.
12 Dec 5AM 32 min

[TOP STORY] Not into wine? Try water tasting, the Cape’s latest hit

‘It's quite an emotional experience to have a glass of water that fell as rain about 200 000 years ago. As a sommelier, I take the taste of that water, and I pair that with a wine, a whiskey, a brandy or with some food,’ says international water sommelier, Nico…
11 Dec 7AM 7 min