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Affordable housing contract signedSouth African banking group Absa (ASA) and the Development Bank of Southern Africa (DBSA) have signed a memorandum of understanding (MOU) that will see the construction of a number of countrywide, affordable housing projects, infrastructure projects and human settlement developments. I-Net BridgeTulisa Park gets affordable unitsUnits in Kegramata, an affordable townhouse development in Tulisa Park in Johannesburg South, are expected to sell fast.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.