SA’S NON-LISTED COMMERCIAL PROPERTY STILL UNDER PRESSURE

April 2012: Recent reports on the growth of commercial property in South Africa have indicated that the industry has dramatically improved. However, while listed property funds have enjoyed good results, there is still significant pressure on non-listed commercial property.

BIG BANKS SHIFT AWAY FROM RESIDENTIAL INVESTMENT PROPERTY LOANS

February 2012: The impact of the recession on the value of residential developments and new stringent legislation in the banking sector have resulted in it becoming almost impossible for South African property owners to secure a loan from the major banks where the security for the loan is residential investment property such as secondary flats or houses rented out to 3^rd parties. 

SELF-EMPLOYED SOUTH AFRICANS WILL NEED TO FIND ALTERNATIVE FINANCING FOR THIER BUSINESSES IN 2012

November 2012: As increased economic and regulatory pressure on the banking sector forces banks to pursue new income streams such as unsecured lending with higher margins, securing finance to start or grow a business is likely to be an even greater challenge for self-employed South Africans. However, there are other alternative sources of funding options available to companies and entrepreneurs with sound business prospects for 2012.