Daily Investor

5 days ago | dailyinvestor.com | Bianke Neethling

South Africa’s property market is more favourable for first-time homebuyers now compared to a year ago, thanks to an increased transfer duty threshold and lower interest rates. MyProperty Home Loans recently released its latest home loan statistics, comparing March 2024 to March 2025, which revealed significant shifts in the South African property market.

6 days ago | dailyinvestor.com | Bianke Neethling

Younger South Africans are increasingly opting to rent rather than buy, driving demand for rental properties across the country. Tyson Properties director Murray Haywood said the rental market is heating up in major centres across South Africa, driven by younger people. “Like young professionals the world over, newcomers to real estate are looking for convenience, amenities and flexibility, rather than first-time home ownership,” he said.

1 week ago | dailyinvestor.com | Bianke Neethling

FNB’s data points to a projected increase in spending over the Easter period, as South Africans are expected to pay for accommodation, flights, fuel, hardware and clothing. FNB projected this increase in spending as travel and family gatherings are traditionally the hallmarks of the Easter holiday period. The bank noted that, in 2024, spending during the height of the holiday period increased 7.41% year over year.

1 week ago | dailyinvestor.com | Bianke Neethling

South Africa’s competition watchdog has approved Pepkor’s acquisition of Shoprite Furniture, with some conditions. Pepkor is South Africa’s biggest clothing retailer, and owns brands like PEP, Ackermans, Shoe City, Tekkie Town, Refinery, Bradlows, Sleepmasters, Incredible Connection, and HiFi Corp. Shoprite is South Africa’s largest grocery retailer, and owns the Checkers, Usave, and Checkers Sixty60 brands.

1 week ago | dailyinvestor.com | Bianke Neethling

PSG Financial Services delivered strong results for its 2025 financial year, as the company benefited from favourable equity market conditions. PSG is one of South Africa’s top financial services groups and operates through three divisions, Asset Management, Insure, and Wealth, in both South Africa and Namibia. The company released its results for the year ended 28 February 2025 on Wednesday, 16 April, revealing a remarkably strong performance.