Edition 44 of 2004, Friday 26 November 2004
The fast food group McDonalds has said goodbyes to its CEO Charlie Bell. He left the group to battle the colon cancer that he has been struggling with. The previous CEO of McDonalds was lost due to a heart attack. My question to you this week, is fast food good or bad for you?
This week we look at what the real estate industry is doing in the United Kingdom as British house prices fell at their sharpest rate since the recession of the early 1990s. - Real Estate in the UK.
Interest rates down and when? .."The numbers are good, but given the seasonal uncertainty, I do not expect a rate cut in December." and yah.."The interest rate environment looks favourable and I think we will see a rate cut in February next year"
Hibberdene, Port Shepstone, Margate, Southbroom and Port Edward form the core of this South Coast 'beach holiday mecca' of KwaZulu-Natal. Quite simply, the very last word in gracious and relaxed subtropical seaside living_plus thrilling, adrenalin- fuelled adventures to boot! Living up to its name, our southernmost Hibiscus Coast dazzles with iridescent blooms against a lush green backdrop, meeting a perennially-warm saltwater playground along 70-kilometres of picture perfect hideaway coves and seemingly endless golden sands, read more in Focus on
Boom times are here and more South Africans are positive about the future
than ever before, a ground-breaking survey has revealed. For the first
time since 2000, more than half of adults surveyed said they saw a rosy
future for themselves and their children in South Africa - Good
times roll for SA
|>> Real Estate in the UK|
Rates derail UK property boom
British house prices fell at their sharpest rate since the recession of the early 1990s in the three months to October, a survey revealed this week the latest solid evidence that the housing boom in the UK is over...
|>> Apprehension at consumer spending|
WHILE conversation appears to focus on the domestic residential property market and the possibility of a "bubble" situation developing, less attention is being given to the financial situation of South African households.
Their financial position is key to determining the sustainability of
the current house price levels and, while showing some signs of experiencing
increasing pressure, on average the household situation appears strong...
|>> Good times roll for SA|
Peoples optimism soars as economy powers ahead in longest boom since war.
BOOM times are here and more South Africans are positive about the future than ever before, a groundbreaking survey has revealed.
For the first time since 2000, more than half of adults surveyed said they saw a rosy future for themselves and their children in South Africa.
|>> Cape Flats home buyers get a boost|
The first bricks in an innovative housing scheme - to help first-time
buyers in historically disadvantaged areas - will be laid on Thursday
in Blue Downs on the Cape Flats.
|>> Interest rates down? If yes..when?|
DAWIE ROODT, chief economist at the Efficient Group: "Both CPIX and CPI came in exactly where we expected. (CPIX) is a good number. The interest rate environment looks favourable and I think we will see a rate cut in February next year."
ANNABEL BISHOP, economist at Investec: "October's CPIX inflation
rate came out slightly above our expectations. We expect the inflation
target will be achieved in the rest of 2004 and over most of 2005. However,
it could still be threatened on the low side in April 2005."
|>> Focus on the Hibiscus Coast, Kwazulu Natal, South Africa|
A Detailed Overview of the Hibiscus Coast of KwaZulu-Natal: Delights Down South
Two modes of carriage beckon for the 100-kilometre journey from cosmopolitan downtown Durban to the Hibiscus Coasts gateway resort of Hibberdene a gleaming dual- carriage expressway to whisk you past sugarcane fields and palm- dotted landscapes in less an hour, or a wood-panelled railway carriage to rekindle that almost forgotten feel of unhurried travel. Both run parallel to the shoreline and present spectacular sea vistas, while calling to mind our Zulu Kingdoms long, intricate and fascinating past.
|>> Property of the week|
Search for property in your area
|>> Kaunda keeps on building houses for SA poor|
|>> Have fun!!|
You should have known this
The Estate Agency Affairs Board (EAAB) has castigated some estate agents for colluding with conveyancers, a practice that puts house consumers at a disadvantage because it results in higher conveyancing fees.
In response to Moneyweb questions, board CEO Clive Ashpol said the EAAB has teamed up with the Association of Law Societies and set up a special task team with a view to stamping out these bad practices...
|>> Be in the frontline|
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