The presidency has been hit by a wave of resignations as doubts grow about his political survival, Key advisors to President Cyril Ramaphosa have been quitting as signs grow that support for the African National Congress (ANC) will below 50% of the vote in the 2024 national and provincial elections. This would require the party to form a coalition to govern in which case, Ramaphosa is likely to resign voluntarily, or be forced to do so by the party s national executive.
In the current market, with prevailing high interest rates, challenges for landlords are evident, notably with Cape Town s Parow Centre defaulting on payments to Investec.