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R195m Kenako Mall in Port Elizabeth Measuring 20 000 square metres, the R195 million Kenako Mall in Ibhayi, Port Elizabeth in the Eastern Cape will be open on 25 April 2013. 8 properties win Corobrik-SAIA Awards Eight South African projects have been chosen from the 55 put forward into the 2011/12 Corobrik- South African Institute of Architects (SAIA) AwardsCapital 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.