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Cape Town's thriving tech city fuels property market and foreigners flock to the Atlantic SeaboardIncreasingly recognised globally as an emerging tech hub, attracting not only an influx of tech start-ups but also significant, rising interest from international call centres, particularly from the UK and USA.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.Biggest deal breakers for homebuyers While many buyers are willing to compromise on certain features, there are key deal breakers that can turn a once-promising property into a hard pass.