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Investing in Randburg leisure propertyThe South African hospitality industry experienced a decline in performance with demand for accommodation being affected over the past four years. Big revamp on WR shopping centreA large project of R212,5m is underway to redevelop Horizon View Shopping Centre in Roodepoort on the West Rand.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%.