When it comes to the socially responsible shopper that chooses to follow and support conscious brands, gifting can be a hair-raising experience. Especially when you need that something special that shows thought and consideration. But with the conscious shopper top of mind, Bay Harbour Market in Hout Bay offers a unique and quirky range of products that will leave you spoilt for choice. We round-up some ideas for your green gifting: • Carvings by Dennis Influenced by his interactions with locals and tourists alike, Dennis Maguma draws his inspiration for his carvings from the wild landscapes that Africa is known for. His meerkats and hearted figures are a very popular choice and add so much character to any space. Dennis also makes custom items on request. • Whitestone Cactus From moisturisers to bath scrubs and soaks, Whitestone Cactus offers everything you need for healthy happy skin. Pure, organic and chemical-free, the soothing aloe vera moisturiser is a firm favourite. • Bamba Zonke Bamba Zonke is a range of vibrant, multipurpose bags and accessories made from local materials and fabrics. Manufactured in Cape Town, garments feature authentic wax prints and their own-designed PVC prints,made using Shweshwe fabrics. With 125 traders under one roof, Bay Harbour Market continues to be one of Cape Town’s most popular and loved shopping destinations. So when it comes to gifting for any occasion, it is highly recommended you grab your dearest and head to the market – delicious food, live music, craft beers on tap and a vibe like no-other. CLICK HERE to submit your press release to MyPR.co.za. . . .
At the release of the PayProp Rental Index Annual Review of 2017 it was suggested that the lending rate could fall in 2018. Johette Smuts, head of data and analytics at PayProp, noted: “Economists are talking about a possible rate cut, which will boost not just the economy but also the rental and the housing market.” We asked Paul Stevens, CEO of Just Property, to give us his thoughts on the possibility. 1.How likely is a rate cut in your opinion? Stevens: Given the change on the political front, I do think that a large degree of confidence has been restored. While there are still many uncertainties, this sense of hope will slowly start to affect our economic situation. We have already seen the rand strengthen over the past weeks and at the time of writing it is currently trading at the lowest it’s been for a couple of years. With the stabilising and strengthening of the rand our rate of inflation should start to decline, and this in turn will hopefully lead to a rate cut. The next Monetary Policy Committee meeting is late in March but I would think that any cuts are only likely from the middle of the year. If they come, the cuts will probably be conservative – around 25 basis points and I do not anticipate much more than 50 basis points during the course of the year. 2. How soon would a cut in interest rates affect the housing market? Stevens: Rate cuts take time to filter through to the housing market but if they’re linked with more political stability and lower inflation, there is no doubt of a positive effect on the property market. 3. Should buyers fix the interest rate on their bonds if the prime lending rate does drop? Stevens: When rates are on a downward cycle, it is easier to fix your interest rate than in an upward cycle. Whether to fix or not depends on one’s appetite for risk – if you want to know what you are going to be paying on your home loan every month so that you can budget accordingly, fixing is a good idea. When one is . . .