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Kyalami Racetrack up for auction The iconic Kyalami Racetrack which started back in 1961 will be auctioned on 24 July at Summer Place in Hyde Park, Johannesburg at 12pm.SUN1 Midrand's budget hotel propertySUN1 Midrand in Gauteng, formerly Hotel Formula 1 property, has been rebranded and opened with a fresh look and affordable price of R435 per night. 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%.