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Buying a home in KZN Midlands The tranquil ambience and variety of homes and estates are attracting buyers of all ages in the KZN Midlands and Pietermaritzburg areas.Steady sales in KZN's PMBConsistently experiencing steady demand, the residential property market in Pietermaritzburg continues to sustain steady sales despite the current slowdown experienced in many other areas of the country.Capital gains tax in South Africa: What you need to know In South Africa, Capital Gains Tax (CGT) applies to the disposal of various types of assets, including immovable property.