Finweek - English

Household resilience is tied to the house

ince 1994, the South African government’s national housing programme has completed an estimated 3.4m housing units and handed these over to the lowest-income families in the nation. An estimated 2m of these houses are formally registered on the deeds registry, and subsidy housing stock now accounts for just under one-third of all formally registered residential properties in SA. For the households who were fortunate enough to receive a subsidised house, it is probably the most valuable asset they

You’re reading a preview, subscribe to read more.

More from Finweek - English

Finweek - English3 min read
SA Gold Miners’ Stark Choice
gold has been mined in South Africa for about 140 years. Now, the maturity of the resource is beginning to show. It’s costly and risky accessing the deeper levels of economic resources, and it requires labour-intensive mining practices. Wage and elec
Finweek - English1 min read
On Margin
This issue’s isiZulu word is izinja. Izinja is dogs. The singular is inja. I don’t have izinja or any other pets. I don’t have pets because I don’t want to take care of an animal. I would never, even though my kids want izinja. I get it. But I also k
Finweek - English1 min read
Construction Picks Up Pace
BUY SELL HOLD Back in May, I recommended construction firm Raubex as a buy – it has gained about 20% since then. The company released solid results for the six months through 31 August on 8 November. Revenue jumped 52% compared to the same period a y

Related Books & Audiobooks