After your bond is paid up on commercial and industrial property in South Africa, the bond does not automatically cancel itself in the Deeds Office. You must initiate a formal, statutory process to remove the bank's encumbrance from your property title deed. Here is what happens in the process and the actions required:1. The Cancellation Process (Steps to Take)

• Notification: You must notify your bank in writing of your intention to cancel the bond.
• Notice Period: Banks generally require a 90-day notice period to avoid penalty interest, even if the bond is already paid up.
• Appointment of Attorneys: The bank will appoint a cancellation attorney from their panel to handle the removal...

As economic activity continues to strengthen across South Africa, one of the most exciting developments this year is the official advance of ORTIA SEZ Precinct 2 – a major industrial expansion that positions the OR Tambo International Airport area as a global export and advanced manufacturing hub.

Strategic Expansion at OR Tambo

The OR Tambo Special Economic Zone (SEZ) – developed and operated by...

South Africa’s exit from the FATF greylist restores credibility and eases a costly drag on confidence, but lasting gains will depend on sustained fiscal discipline and deeper reform.

South Africa’s removal from the Financial Action Task Force (FATF) greylist marks an important step in restoring its reputation as a credible, compliant participant...