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Happy Friday!
Real Estate Investor Magazine digital certificate was issued yesterday, and our circulation has breached the 18,000-circulation mark for the October to December period according to ABC. Kudos to the REI team for achieving that milestone. For advertisers and marketing partners who would like to reach that audience can contact us or request a media kit to reach this growing audience.
On another note, it is clear that the South African public in general and private sector is ‘gatvol’ with how government is handling the electricity crisis and the mismanagement of state-owned entities. Government have announced a state of disaster and by doing so admitting to their failures that has destroyed an economy already on its knees. The failure of government to deliver a steady supply of electricity needs to be fixed rapidly. The only solution is private sector participation to address the inefficient, incompetent, and corrupt government we are saddled with.
Industrial Parks company Inospace has sent out an impassioned plea for government with cries of financial relief for SMEs on electricity crisis. This initiative should be fully supported given the damage that loadshedding has caused our economy. Investments as a result have grown offshore and today we look at Swiss investment residences as an offshore investment opportunity
We also learn about top trends influencing the SA property market in 2023, how you can really pay zero tax on your money, note not profits. We also give some sage advice on buying your first property in 2023.
Successful investing!
Neale
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