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Multi-property October auctions Commercial auctions will be held in Joburg and Durban featuring an array of properties including some exceptional development opportunities.Township retail's impact on CBDsAccording to John Loos, property economist for FNB's Commercial Property Finance division, retail purchasing power in townships does not pose a threat to CBD rejuvenation. By Kara MichaelsExpectations for another interest rate cut in November On 21 November 2024, the Monetary Policy Committee will deliver their decision regarding the interest rate. With South Africa's inflation easing and global central banks cautiously beginning rate cuts, the overall sentiment is that there is likely to be a further cut of around 0.25%.