Latest news with #Kritzinger
The Citizen
4 days ago
- Sport
- The Citizen
iLembe Sharks U12 team crowned kings of KZN
The iLembe Sharks made history by clinching their first-ever U12 KZN Invitational Primary School Soccer Association football tournament title. The Ian MacLeod football tournament, held at Kearsney College over the weekend of July 12 and 13, featured intense competition as 13 district teams from across KwaZulu-Natal battled for honours. This is only the second year the North Coast district has entered a team into this prestigious football festival, delivering an outstanding performance to lift the trophy. The iLembe Sharks played 12 matches, winning 11, drawing just one and conceding only a single goal throughout the tournament in a dominant run to the title. Goalkeeper D'Artagnan Munro and midfielders Sibusiso Shaba, Jordan Wright and Kayden Duncan were all selected for next year's KZN U13 trials. Wright was also named Most Valuable Player of the tournament. Saturday brought wet and misty conditions, but the Sharks' spirit remained undampened. The team played eight matches on the opening day, winning seven and drawing one. 'It was a physically and mentally demanding start, yet the boys powered through with focus and energy. The following day, we brought fresh intensity,' said head coach Jakez Kritzinger. The Sharks were awarded one walkover and then won their remaining two group matches, setting up a high-stakes final clash against the unbeaten Durban North Pumas, who had won all 11 of their games. 'We had to win the final game to lift the trophy,' said Kritzinger. 'A draw would have handed the title to the North Durban Pumas.' The final match was a tense, fast-paced affair with everything on the line. Both teams played with heart and discipline. With less than five minutes remaining, playmaker Rugolo O'Neal broke the deadlock, scoring the goal that sealed a 1-0 victory. 'To see these boys give everything, especially under pressure and in difficult conditions, was inspiring,' said Kritzinger. 'This team made history and they truly earned it. They played as a band of brothers and showed their quality.' Stay in the loop with The North Coast Courier on Facebook, X, Instagram & YouTube for the latest news. Mobile users can join our WhatsApp Broadcast Service here or if you're on desktop, scan the QR code below. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
Zawya
18-04-2025
- Business
- Zawya
Strong start to 2025 highlights resilience of South Africa's multifamily sector
The South African multifamily residential rental sector entered 2025 on a robust footing, with data from the South African Multifamily Residential Rental Association (SAMRRA) revealing continued strength in both occupancy and rental collections, as well as record high leasing activity, across its substantial member portfolio. Based on a representative cross-section of the association's members, who collectively manage more than 75,000 residential units valued at over R40 billion, the first two months of 2025 recorded a positive weighted average occupancy rate of 95.8%. Indicating tenant stability and strong credit diversification across various portfolios, SAMRRA members have consistently achieved bad debts of less than 1% of what is billed, comparing favourably with other real estate sectors and emphasising the reliability of multifamily returns. 'These figures reinforce the fundamental strengths of purpose-built, professionally managed rental housing in South Africa,' says Myles Kritzinger, CEO of SAMRRA. 'Consistently high occupancy and quality income streams are more than a function of demand but also reflect skilled management and developments that resonate with appealing multifamily living.' SAMRRA's membership base includes institutional landlords who own and manage large-scale, multifamily residential rental properties. The sector's operational performance in early 2025 suggests a sustained demand for well-located, professionally managed rental accommodation like housing estates and apartment buildings, particularly in a market where affordability, lifestyle flexibility and reliability of services are increasingly valued by tenants. In fact, several SAMRRA members have reported record Q1 letting activity, indicating robust and unmet demand in this sector. Kritzinger adds, 'The strong start to the year is encouraging not only for our members but for investors and stakeholders across the value chain. It continues to demonstrate that multifamily rental assets are both resilient and investable, even as the broader macroeconomic environment remains complex.'
