Covid-19’s Impact on the commercial property finance industry and property markets

By Klaus-Dieter Kaempfer Head: Commercial Property and Equity Investments, Absa The COVID-19 outbreak has had a systemic impact on the global economy, affecting many asset classes adversely across many geographies. The International Monetary Fund (IMF) recently published projections  which indicated that global growth will decelerate by -3.0% in 2020 in…

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Can I move? Alert Level 4 rules for tenants and landlords

South Africa’s lockdown is set to move to Alert Level 4 tomorrow, 1 May. The latest Regulations relating to the Schedule of Services and Framework of Sectors was gazetted and released on Thursday night, 29 April. They repeal all previous Regulations issued in terms of the COVID-19 pandemic dealing with the forced…

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11-point plan to post-lockdown economic recovery for SA’s property sector

By Tholo Makhaola, President of the South African Institute of Black Property Practitioners The South African Institute of Black Property Practitioners says already-vulnerable township businesses will bear the brunt of this pandemic if clear measures are not put into action to ensure a proper post-lockdown economic recovery for SA’s property sector….

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Lockdown: Separated parents allowed to move kids between houses – new regulations

Separated parents are now allowed to move their children between houses during the nationwide Covid-19 lockdown, provided they meet certain legal requirements. While government had previously been unclear about the issue, new regulations regarding the matter were gazetted on Tuesday. Separated or divorced parents who want to move their children between them during the…

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It’s official, no movement of children during lockdown. Unless…

What are the exceptions to the lockdown directives? Under the current lockdown directives, no child is allowed to be moved between parental homes, and must instead stay at the home of the primary caregiver, or the caregiver who can offer the best circumstances during the lockdown, for the duration.  Section…

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