The Pearl Valley Hotel by Mantis is situated on the Jack Nicklaus Signature Pearl Valley Golf Course at the international award-winning Val de Vie Estate just outside of Paarl in the Cape Winelands. Arguably the best address voted number one Residential Estate in South Africa and recently voted Best Leisure Development in the world, it offers investors an opportunity to cut their tax bills, with special hotel rewards. In this interview, Deon Lewis of Futureneers speaks to Jackie Cameron of BizNews about this 12J investment offering. Click here for more information. Or register here for a webinar on the investment opportunity. – Jarryd Neves
Pearl Valley Hotel - 12J Investment Fund
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These are the wealthiest cities in Africa, which thousands of dollar millionaires call home
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The fastest-growing area in South Africa for dollar-millionaires
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AfrAsia Bank in collaboration with New World Wealth has published its African wealth report for 2021, highlighting the wealthiest cities on the continent by total wealth held.
The group defines ‘total wealth’ as the private wealth held by all the individuals living in each city. It includes all their assets – including property, cash, equities, business interests – less any liabilities.
Using this metric, the data shows that Johannesburg is the city with the most millionaires (15,100) on the continent, followed in a distant second by Cape Town (6,500). New World Wealth defines millionaires as those with a net worth of $1 million or more.