Moneyweb Radio Moneyweb@Midday

[TOP STORY] Locals priced out as Cape Town’s luxury property market soars

Loading player...
‘I think we need to just take the R1 billion and put it into perspective - at the average purchase price for foreign buyers of R2.7 million, it's actually only about 370 properties,’ says Grant Smee, CEO of the Only Realty Property Group.
15 Oct 2025 9AM English South Africa Business News · Politics

Other recent episodes

Who is to blame for the BATSA closure?

Cracks in the blue? Inside Dion George’s DA exit. The economic risk behind SA’s matric success. And AI is moving faster than SA’s ethics, blind spots could cost millions.
16 Jan 4AM 32 min

Limpopo floods force road closures and Kruger shutdown

Agoa renewal gets bipartisan support in the US House – but South African exporters wait on clarity. Sahpra warns of harmful ‘immune boosters’ sold to children. And how weak maths results undermine SA’s growth.
15 Jan 5AM 32 min

Wildfires take a toll on the Western Cape

Discovery Health boss speaks on the group taking a hit after claims system error. Behind Iran’s struggle: What’s fuelling the bloodiest crackdown yet? And, new rules could reduce the cost of school uniforms.
14 Jan 5AM 33 min
All episodes