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Nedbank backs mall developments Nedbank Corporate Property Finance has provided R273 million and R1.36 billion loans for shopping mall developments in Gauteng and KwaZulu-Natal. Black investors enter townshipsIn a hotly contested bidding process, more than 700 township properties were sold under the hammer on Tuesday in Johannesburg at what is believed to be the biggest residential property auction ever held in South Africa. By Joan MullerCapital 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.