OFM The OFM Business Hour

Online real estate auctions gaining traction in SA

--:--
Online real estate auctions are gaining traction in South Africa. The Chief Executive Officer (CEO) of Galetti Corporate Real Estate, John Jack, tells the OFM Business Hour that South Africa is only now following in the line of more developed nations like the United States of America and the United Kingdom whose real estate auctions have long gone online, in light of the sizes of those countries. SA is now following suit in part because of Covid-19. Jack assures sceptics that online auctions are quite safe, and no transactions are taking place on the auction portal, just bidding. He gets into the benefits of online auctions in the conversation below.
11 Nov 2021 11AM English South Africa Business · Daily News

Other recent episodes

Wat behels proses van omgewingsmagtiging vir grootskaalse projekte? (die tweede deel)

Ons hoor gereeld hoe gewild sonplase is en hoe boere probeer om oplossings te kry vir die voortslepende energiekrisis in Suid-Afrika. Baie min word egter gesê oor die omgewingsmagtigingsproses wat verseker dat sonkragontwikkelings ooreenstem met ekologiese volhoubaarheid en bestaande regulering. Marélie Botha en Lisa de Lange, albei direkteure by Blue…
17 Apr 1PM 4 min

Wat behels proses van omgewingsmagtiging vir grootskaalse projekte? (die eerste deel)

Ons hoor gereeld hoe gewild sonplase is en hoe boere probeer om oplossings te kry vir die voortslepende energiekrisis in Suid-Afrika. Baie min word egter gesê oor die omgewingsmagtigingsproses wat verseker dat sonkragontwikkelings ooreenstem met ekologiese volhoubaarheid en bestaande regulering. Marélie Botha en Lisa de Lange, albei direkteure by Blue…
17 Apr 1PM 4 min

Earning above R21,198 per month? Take note

South Africa's Department of Employment and Labour recently implemented revisions to the earnings threshold, a crucial determinant under the Basic Conditions of Employment Act (BCEA). This alteration signifies a shift for workers whose salaries surpass R21,200 per month in 2024, as they will forfeit certain automatic protections. Shedding light on…
12 Apr 2AM 6 min

Call for meritocratic appointment of executives and board members in SOEs

According to the South African government’s official website, there are about 123 State Owned Enterprises in the country, operating at national, provincial and local levels. They are crucial to the development of South Africa, they play an instrumental role in ensuring success in a wide range of areas, and are…
28 Mar 8AM 11 min
All episodes