Unknown to many people in Nigeria, the Rainbow nation - South Africa - is a haven of real estate investments. It costs much less to acquire equivalent properties in South Africa than in Nigeria and with the impressive growth rate, a prudent investor can go to bed with two eyes closed.

A study compiled by Research Worldwide shows that, “low interest rates, the emergence of a rapidly growing black middle class and the longest period of uninterrupted economic growth in half a century,” have contributed to the current housing boom in South Africa...

PROPERTY buyers have been warned that postponing existing sales agreements to take advantage of the lower transfer duties from March 1 may be tantamount to fraud.

Few new sales are expected to be recorded in the South African residential property market up until March 1 because potential buyers would rather wait to take advantage of the cost savings introduced by the treasury...

Supplied by Dave Welmans www.thepropertygame.co.za

There's a great competition that's just been run by a casino and radio station where the winner gets a multi-million rand house as first prize. The house is also furnished (or a budget is allocated to furnish the house) as well as a very nice car is thrown into the overall winner's prize. That value of the prize is easily calculated as around R2.5 million rand but the sponsors have gone to great lengths to point out how much more the prize is actually worth...

After a search and waiting period of six years, Russell Rivombo is about to move into his luxury three-bedroom, double-garage home.

His pride and joy is not in the northern wealthy suburbs of Johannesburg but in Soweto, a township south of South Africa's financial capital created for black people under apartheid.

"I asked the agents for the place a while ago, I had the approval (loan)... but there was just nothing in the areas I wanted," Rivombo said...

Growth in commercial property developments is expected to overtake residential property developments this year.

Growth in commercial property developments is expected to overtake residential property developments this year, responding to a long-term decline in vacant warehouse and industrial space, says FNB property strategist John Loos...

Krugersdorp owes it's origin to two important events in the history of South Africa,namely The Transvaal War of independence (1881) and the discovery of the Witwatersrand Goldfields (1886).

These two occurrences with their far-reaching political and economic consequences,were mainly instrumental in causing the establishment of two townships,originally apart,but subsequently united under the name of Krugersdorp...

View Properties in Gauteng | View Properties in Krugersdorp

Gauteng, Krugersdorp, Krugersdorp North Bedrooms: 3 Bathrooms: 2 Garages: 2 This is a great townhouse - it has all the benefits of townhouse living : security (electric fencing all round) and garden services. It is very private - with it's own entrance. The garden is not small - in fact it's the biggest in the complex. You could easily fit a splash pool! The kitchen / lounge is an open plan area. The kitchen has space for dishwasher, the oven has an extractor fan, large work surface! The master bedroom has a walk-in-closet that leads into the en suite bathroom. The second and third bedrooms also have built in cupboards. The finishes are superb - quality light fittings and switches. The outside is all face brick, paving and tiled roof - NO MAINTENANCE! This unit is not yet a year old, it was completed March 20th 2005. No previous owners. Almost BRAND NEW!This is a Private Sale - come have a look and make me an offer! Take advantage of the new budget announced 15 Feb 2006 - you save approx R30K on transfer costs!

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By Caroline Pardilla - www.Edmunds.com

As automotive journalists, we at Edmunds.com tend to be a little more practiced on the road than the average driver. Not only is driving cars our job but we're required to go to high-performance driving school every year "for insurance purposes." So take it from us when we say we know a thing or two about how to avoid a car accident. We're not talking about obvious tips your mom told you, like, "Look both ways before you enter an intersection" or "Don't tailgate." Rather, tips we've picked up in the field, interacting with L.A. drivers in particular, driving cross-country, and testing cars on the track.

Residents ask Mbeki for schools and houses

Better houses, toilets, helping grandparents with school fees and voting for the ANC were the topics Thaba Nchu residents discussed with President Thabo Mbeki on Thursday.

Mbeki was visiting the former Bophuthatswana town, now part of the Mangaung local municipality, about 80km east of Bloemfontein as part of the African National Congress' door-to-door campaign for the local government elections on March 1.

Philipena Motlhalanyane, 75, lives in an old two-room mud house in Moroka township in Thaba Nchu and looks after six children, of whom three are at school...

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