Latest news with #PamGolding
The South African
25-04-2025
- Business
- The South African
R45 million dream home hits the market in Cape Town
R45 Million dream home hits the market in Cape Town, here's why everyone wants in. The Mother City's luxury property boom shows no signs of slowing, with Camps Bay leading the charge. Cape Town's Camps Bay continues to dominate headlines in South Africa's property market, and the latest listing proves why. A jaw-dropping family home, boasting architectural brilliance and uninterrupted ocean views, has just hit the market for just under R45 million. According to Pam Golding Properties, the house spans three levels, features five en-suite bedrooms, and embraces seamless indoor-outdoor living, all wrapped in striking contemporary design. Completed in 2022, the home offers a luxury lifestyle few can match. Soaring ceilings, vast open-plan lounges, and floor-to-ceiling glass sliders ensure that every corner makes the most of Camps Bay's iconic views—from the rugged peaks of the Twelve Apostles to the sparkling Atlantic coastline. 'This home is a masterpiece of design,' Pam Golding stated. 'Wall-to-wall glazing offers panoramic views, and every detail speaks to quality and luxury.' With two swimming pools, a curated garden, and an astro turf lawn, the property was clearly built with entertainment in mind. High-end finishes include solar backup power, double glazing, electric blinds, and solid oak flooring. A garage that fits up to five vehicles—and additional covered parking—rounds off this luxury offering. Camps Bay isn't just stunning—it's surging. Luxury property prices have jumped from R13.18 million to over R24.1 million since the start of the decade. Only Clifton and Bishopscourt rank higher in Cape Town's property hierarchy. 'Access to lifestyle amenities—including high-end restaurants, top-tier schools, and blue-flag beaches—drives property values upward,' said Claude McKirby, Co-Principal of Lew Geffen Sotheby's International Realty. Cape Town's Atlantic Seaboard has become a magnet for both South African and international buyers. Seeff Atlantic Seaboard's Ross Levin reported a record-breaking Q1 2025, with over R1.6 billion in high-end sales. R45 million Camps Bay home sold to a South African buyer R21 million purchase by a German investor R33.75 million shares sale to a British buyer Levin explained, 'High-net-worth buyers see Cape Town as a safe and appreciating store of wealth.' International demand continues to soar, especially from cash buyers in the UK and Germany, while a steady stream of semi-urban migrants from Gauteng and KZN are trading big-city chaos for coastal luxury. Why Camps Bay remains the crown jewel Beyond the beaches and the views, Camps Bay offers unmatched lifestyle appeal—vibrant nightlife, luxury spas, fine dining, and proximity to Cape Town's CBD. Its combination of exclusivity and natural beauty keeps demand high and prices climbing. Whether you're buying to live, invest, or simply soak in the sunset, Camps Bay real estate is proving to be one of South Africa's most valuable assets. Stay tuned with The South African as R45 Million dream home hits the market in Cape Town. Let us know by leaving a comment below or send a WhatsApp to 060 011 021 1. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X, and Bluesky for the latest news.
The Citizen
25-04-2025
- Entertainment
- The Citizen
Fun Bubbles 5km night run brings Bryanston Country Club community together
The Bryanston Country Club transformed its grounds into a magical night run experience, drawing over 40 enthusiastic participants for the Fun Bubbles 5km Easter Run on April 22. This inaugural event marked the club's first night run in nearly a decade, providing an exciting opportunity for community members to embrace health, wellness, and social connection as part of the Easter festival. Leigh-Ann Coles, the club's sports manager, expressed her excitement about the event. 'We wanted to do something different this year, as part of our Easter festival. Hosting a night run was the perfect way to bring families and friends together while promoting health and wellness.' Also read: Morningside Country Club defeats Wanderers Club, securing top spot in bowls premier league The Fun Bubbles run was all about uniting participants in a spirit of camaraderie, with various sponsors like Decathlon, Light Optics, and Pam Golding stepping in to support the event. 'Having generous sponsors has made a huge difference. Decathlon and Light Optic are not just providing prizes; they're also setting up stands to engage with the runners. Pam Golding is ensuring everyone stays hydrated,' Coles added. Read more: Bryanston club honours Paralympic bronze medallist through partnership With this successful night run, Coles hopes to build a foundation for regular events in the future. 'We would love to make it an annual or bi-annual affair. Our aim is to incorporate health and wellness in a way that brings people together to have fun and enjoy life,' she concluded. Follow us on our Whatsapp channel, Facebook, X, Instagram and TikTok for the latest updates and inspiration! Have a story idea? We'd love to hear from you – join our WhatsApp group and share your thoughts!
The Citizen
25-04-2025
- Business
- The Citizen
MTN hit by 'cybersecurity incident', customers details compromised
An unknown third-party claimed to have accessed data linked to parts of MTN's systems. MTN said some customer details were compromised across cetain markets Picture: Moneyweb Mobile network operator MTN has fallen prey to a 'cybersecurity incident' that resulted in 'unauthorised access to personal information' of some of its customers in 'certain markets'. However, MTN late on Thursday said it found no evidence that any of its critical infrastructure platforms or services had been compromised. Cyberattack 'Our core network, billing systems and financial services infrastructure remain secure and fully operational. 'An unknown third party has claimed to have accessed data linked to parts of our systems. At this stage, we do not have any information to suggest that customers' accounts and wallets have been directly compromised,' MTN said. ALSO READ: WhatsApp account hacked? This is what you need and must do Investigations MTN added that it activated its cybersecurity response processes, including informing the South African Police Service (Saps) and the Hawks of the cyberattack. 'We also informed the relevant country authorities and will continue to update them on an ongoing basis while working closely with them and law enforcement agencies in supporting their investigations.' Confined to SA? MTN did not disclose which markets had been affected by the cyberattack. However, it may just be related to its South African operations. 'We are in the process of notifying affected customers in compliance with local legal and regulatory obligations'. Precautions MTN has urged customers to remain vigilant and follow regular security measures. 'To mitigate any fraudulent consequences, a fraud alert can be placed on an individual's credit report at any of the major credit bureaus. Keep MTN, MoMo and banking apps and devices updated. 'Use strong, unique passwords for accounts and change them regularly. Be cautious of unexpected messages and do not click on suspicious links,' MTN said. MTN has also urged customers not to disclose information, such as passwords, PIN's, and OTP's, when asked to do so by phone, text message, or email. 'Where multifactor authentication is available, it should be activated,' the mobile network operator said. ALSO READ: Pam Golding hacked: Real estate giant investigating data leak
Zawya
13-03-2025
- Business
- Zawya
South Africa: National budget boosts infrastructure investment in key property areas
The national budget reflects increased infrastructure investment in key property growth hubs, despite concerns over the disappointing Vat hike, says Dr Andrew Golding, chief executive officer of the Pam Golding Property group: It was positive to note that the critical need for infrastructural improvements has been highlighted in today's National Budget, as investment in sound infrastructure with a focus on energy, clean water supply and effective sanitation, well-maintained roads and other transport facilities, as well as affordable and effective broadband connectivity, promotes economic growth, and fosters employment opportunities. It also ultimately attracts new businesses and both residential and commercial property development and helps foster thriving economic hubs. This is evidenced by the semigration trend, which continues to see home buyers relocate to municipalities with good infrastructure and sound management. Investment in owning one's own home is recognised as a key aspiration for people across all sectors of the market, with benefits including capital appreciation and potential rental income. According to Pam Golding's Residential Property Index, national house inflation continues to gather momentum, rising to +5.75 in January 2025, which is higher than the post-pandemic peak of +5.6% in May 2021. While the National Treasury was faced with a challenging balancing act in delivering the National Budget, the increase in Vat, albeit 0.5% in the short term – with a further 0.5% the following year (2026/27) - will impact already cash-strapped consumers, particularly those who can ill afford it – this despite the increase in zero-rated foods to cater for the poor. With citizens about to be hit with hefty electricity hikes – which will attract increased Vat, this simply increases financial pressures on consumers who must also pay Vat on other municipal tariffs – all of which adds up to a sizeable share of their monthly income. From a property perspective, there are a number of Vat-inclusive services associated with the purchase of a home, for which buyers will need to allocate additional budget, which will impact particularly on first-time buyers seeking to gain a foothold on the first rung of the property ladder. The transfer duty threshold was last adjusted to R1m in 2020/21 which compares to the average purchase price paid by a first-time buyer of R1.24m. Obviously, it was difficult to adjust again with current pressure on the fiscus, but an adjustment is due particularly given the surge in inflation in the wake of the pandemic. Furthermore, purchasers of new-build units will also be affected, as Vat is incorporated in the purchase price of new developments when brought to market by developers. The fact that the fuel levy has not been increased is positive, however, South Africans across the board will be negatively impacted by the lack of inflationary adjustments for personal income tax bracket creep, and for medical tax credits. It is hoped that a clear focus on fiscal consolidation will bear fruit, with the stabilising of debt. As noted in the Budget speech, the key issue that needs to be addressed is the lack of economic growth. This requires macroeconomic stability – which this budget delivers even as it places pressure on households.
