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Banks lending levels improving?Banks have apparently increased their lending on budget properties in areas such as Tembisa, Kaalfontein, Ivory Park and Ebony Park in Midrand... Progress gives Ivory Park vigourWork is forging ahead on formalising Ivory Park. Roads are being built, lighting is being installed and houses are going up. By Ndaba DlaminiCapital 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.