Spear’s sharp focus on Cape Town pays off

Spear Reit’s stellar performance in 2019 has justified its decision to focus on Cape Town, as the city’s property market continues to outperform the rest of the country.

The fund grew its dividend 7% in the six months to August, beating other JSE-listed property funds, which have struggled to grow their dividends or seen them shrink in 2019.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

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Motorists warned to avoid parts of Cape Town CBD due to taxi protests | Cape TimesTaxis are blocking roadways and motorists are advised to avoid those sections of the CBD and utilise alternative routes out of the CBD. CapeTimesSA AshwinReynecke
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Pretoria to Cape Town without a single drop of fuelSA stages inaugural Electric Vehicle Road Trip as carmakers call for reduced EV import duties Im in Germany doing an advance training on EVs. SA needs to have a legislation in place, awareness campaigns incase of accidents and specialised training for the fire fighting department. Once massive production starts EVs will become cheaper than combustion engine cars. How do you charge with all the load shedding?
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Cape Town taxi drivers vow not to pay fines amounting to millionsTaxi drivers owe the City of Cape Town more than R30 million in fines. I can almost hear the profanities when making this vow 🤣🤣🤣 Julle se Ma se ... Do expect them to pay fines for failing to stop at this intersection?🤷‍♀️ That’s fine, SA vows to take those tacos off the road
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Cape Town mayor Dan Plato addresses refugees camped outside the UNHCRRefugees and asylum seekers have camped outside the United Nations Refugee Agency (UNHCR) at the Waldorf Arcade in Cape Town for over a week. Abahambe ngolahlobo bangene ngalo yinton enzima? NXA These people are chancers , abusing the hospitality of South Africans and the stupidity of South African government!
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Kaizer Chiefs edge Cape Town City on penalties in TKOBoth teams started on a high, even though the match kicked off 15 minutes later.
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Kaizer Cheifs through to TKO quarterfinals after shootout win over Cape Town CitySamir Nurkovic scored a late equaliser as Kaizer Chiefs came from behind to claim a 4-2 victory on post-match penalties against Cape Town City after the teams had played to a thrilling 1-1 draw in the Telkom Knockout Last 16 in front of almost 35,000 fans at the Cape Town Stadium on Saturday. Plus 12+ corners It should've been a red card. Such disrespect to the match official.
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