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This is what’s really happening in Somerset West’s property marketStatistics might be painting a bleaker picture of Somerset West’s property market, but looking more closely, homeowners and buyers have nothing to worry about.Cape Town’s affluent golf estate homesCape Town's Greenways Golf Estate in the Strand is a property buyer’s den with increased property sales in the first seven months of the year. Budget 2025: 0.5% VAT increase proposed for 2025 and 2026To raise the revenue needed, the government proposes to increase the VAT rate by half- a percentage point in 2025/26, and by another half-a-percentage point in the following year. This will bring the VAT rate to 16 per cent in 2026/27.