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Linbro Park and Modderfontein in Gauteng a new develpment hotspotThe area is developing rapidly with 1000s of new residential units set to be built in 2018, while property prices have risen by a whopping 339% over the past decade.Busamed Private Hospital opens in Modderfontein New CityThe new tertiary hospital and oncology centre will offer comprehensive healthcare services to communities in and around Modderfontein.
Expectations 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%.