The popular South African semigration towns where properties are rented for R70,000 per month

Rental markets in Paarl, Franschhoek, Langebaan and Vredenburg are booming as semigration and lifestyle demand push luxury rentals as high as R70,000 per month in parts of the Winelands and West Coast. View online Thursday, 28 May 2026 Your daily update The popular South African semigration towns where properties are rented for R70,000 per month Rental markets in Paarl, Franschhoek, Langebaan and Vredenburg are booming as semigration and lifestyle demand push luxury rentals as high as R70,000 per month in parts of the Winelands and West Coast. You have finally finished paying the government South Africans only began effectively earning money for themselves on 22 May 2026, as a growing tax burden pushed Tax Freedom Day to its latest point yet. New R3.2 billion private Afrikaans ‘university’ is taking shape The new R3.2 billion Akademia campus in Pretoria East is quickly taking shape, with construction now well underway. One company paying South Africans R50 million every working day Liberty paid out R12.63 billion in insurance claims in 2025, with cancer and cardiovascular diseases remaining the leading causes of claims. Business and Technology News Pick n Pay burning billions to save itself from collapse Pick n Pay CEO Sean Summers says the retailer had to effectively “burn” more than R10 billion to prevent the broader group from collapsing. All the South African tech companies Johann Rupert owns While most of billionaire Johann Rupert's $16.1 billion (R263.4 billion) net worth is attributable to his stake in luxury goods maker Richemont, he holds significant shares in local tech and telecoms firms. Must read End of an era for the 93-year-old South African retailer behind K-Way and Old Khaki Cape Union Mart is looking to tap into a new generation of outdoor customers with a brand platform that better reflects the expanded definition of "adventure" for modern-day consumers. Top banking CEO says ‘No, thank you’ to the ANC Absa chief executive Kenny Fihla has told the ANC that he is not interested in serving as the party’s mayoral candidate in Johannesburg. Reserve Bank Governor Lesetja Kganyago’s hands are tied The Reserve Bank is tasked with solving a problem that interest rates can do very little about. Yet, not staying tough on inflation risks causing even more problems for South Africa's economy. Mining giants push for big BEE changes South Africa’s mining lobby group said it’s pleased by discussions with the government over draft legislation to regulate the sector, but remains wary about the potential for an unwelcome shock. More stories

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