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May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
Johannesburg - A property owner in Clifton on Cape Town's Atlantic Seaboard has secured house rental of $1m for the duration of the 2010 Fifa World Cup.
Clinton Braude, director at Ronnie Matthews Estates, said in a statement the month-long rental is the agency's highest deal to date, and most likely a new record for South Africa.
"The villa has been rented to an undisclosed international celebrity to use as a base during a month-long visit while in South Africa during the World Cup in June, and is situated in sought-after Clifton - Cape Town's millionaires' playground," Braude said.
He added more deals would be closed after finalisation of the tournament draw on Friday. "Many visitors to the world cup have been holding out for the draw before confirming their accommodation," he said.
Braude said the agency has several properties on its books for the world cup, priced from R10 000 to R350 000 per day.
- Fin24.com