top of page

Phone Number

010 826 1580

Email Address 

admin@maanocapital.co.za

Physical Address

33 Ballyclare Drive, Bryanston, 2191, Johannesburg
16 St George's Mall, Foreshore, 8001, Cape Town
179 Vhuawelo Street, Sibasa, 0970, Thohoyandou

Maano Capital Pty Ltd, 2013/181382/07 is an authorized financial services provider (FSP 55112) in terms of section 8 of the Financial Advisory and Intermediary Act 37 of 2002. Maano Capital is authorized to provide advice and intermediary services in the following categories: money market instruments, derivative instruments, long and short term deposits, structured deposits, participatory interests in CIS, shares, bonds, debentures and securitized debt, forex investments and short-term commercial insurance. Maano Capital is a registered credit provider NCRCP22459.

Finance News Update | 26 Aug 2026

  • Writer: Masego M
    Masego M
  • Aug 26
  • 3 min read

General Headlines Johannesburg’s financial position is improving, Mayor says Johannesburg’s finances are showing slight improvement. The city now has 16 days of cash available to cover expenses, up from 14 days last month, though still short of the National Treasury’s 30-day benchmark. Mayor Dada Morero says better revenue collection in recent months is helping ease the crisis.The city started the financial year with a R2.1 billion unfunded budget and a projected R7 billion deficit, caused by mismanagement and poor revenue collection. It plans to ring-fence income for its waste service provider, Pikitup, from September, after protests disrupted refuse removal.Johannesburg also settled R5.26 billion in overdue electricity bills owed to Eskom last week, marking progress in tackling its fiscal challenges. (MoneyWeb) Markets and Investments Dipula seals R2bn acquisition of retail portfolio Dipula Properties is buying shopping centres from Moolman Group and partners for R2 billion, its biggest deal yet. The acquisition adds nine retail assets across four provinces, boosting its national presence and diversifying its portfolio.The company also raised R1.1 billion in new equity through a private placement. After the deal, its debt ratio will stay within the safe range of 35–40%. The portfolio covers nearly 90,000m² of retail space with major tenants like Checkers, Shoprite, Game, Cashbuild, and Makro. Key assets include a 50% stake in Lephalale Mall (Limpopo’s largest), plus centres in Polokwane, Musina, Bloemfontein, and Sasolburg.(MoneyWeb)

Rand breaks through R16 to the dollar The rand briefly strengthened to R15.99/$ on Monday, breaking below the key R16 level for the first time in six months before returning to R16. This improvement signals renewed investor confidence, though it doesn’t fully erase earlier losses from the US–Iran war earlier this year.Investec Chief Economist Annabel Bishop explained that while the move was expected, the currency needs stronger momentum to stay below R16. She added that the rand’s gains have been supported by a weaker US dollar, which has been declining since late July.(BusinessTech)

Property and Real Estates  V&A Waterfront unveils The Bower, a new hospitality-led later-living development The V&A Waterfront has launched its first later-living project, The Bower, a 147-unit community forming part of the Granger Bay development. Located on Breakwater Boulevard near the InterContinental Table Bay Hotel and Victoria Wharf Shopping Centre, it offers one-, two-, and three-bedroom apartments under a Life Rights model. Designed by international firm KPF, with healthcare partners providing on-site primary care, 24-hour nursing, and a memory care centre, The Bower combines hospitality and wellness. Residents will enjoy concierge services, curated events, a restaurant, private-chef dining, wellness facilities, gym, cinema, library lounge, and a communal garden. The building’s design preserves ocean views for the nearby hotel, references Cape Town’s maritime heritage, and incorporates local motifs like strelitzia, protea, and kelp forests. Apartment sales open on 28 August 2026, with occupation expected in February 2028. (PropertyWheel) Bad news for anyone buying a house in Cape Town South Africa’s property market is drawing strong interest from foreign buyers, which is pushing up prices and making it harder for locals to afford homes. About 6% of all property purchases are by foreigners, and nearly 39% of homes worth over R20 million are bought by non-South Africans.While the Western Cape leads with the highest number of foreign buyers, provinces like Gauteng, Limpopo, and parts of KwaZulu-Natal’s north coast (Zimbali, Ballito, Salt Rock) also see high levels of foreign investment. In December 2025, Western Cape property prices rose 7.5% year-on-year, adding to concerns that locals may be priced out. Rising demand is driven not only by foreign buyers but also by semigration, where South Africans from inland provinces move to Cape Town and other coastal areas for lifestyle and better living standards. (BusinessTech)

 
 
bottom of page