Happy Friday, REI Community!
What a week in property and beyond! Despite challenges in the market and broader economy, we continue to see opportunity, innovation, and investor momentum driving things forward. Here's your power-packed roundup to keep you informed, inspired, and ready for your next move.
World Market Watch
This week saw mixed inflation forecasts for South Africa (with some predicting a rise to 5.5%), while the rand showed strength, edging toward R18 to the dollar. On the downside, Mercedes-Benz South Africa flagged 700 possible job cuts. Globally, oil and platinum prices are climbing, while concerns grow over U.S. Fed independence.
Local Property Pulse
Interview of the Week - Absa’s Nondumiso Ncapai
In case you missed it, we sat down with Nondumiso Ncapai, Managing Executive of Absa Home Loans, to unpack the Q1 2025 Homeowner Sentiment Index. From the rise of off-grid living to the confidence of younger buyers, it’s a must-watch. Watch the Interview Here.
