Real Estate Investor Magazine South Africa May/June 2015 | Page 7
INVESTOR TALK
‘South Africans Clean up your Mess!’
FROM THE PUBLISHER
T
he news of attacks on
foreign nationals by a
few disgruntled locals
protesting against the lack of
service delivery, as well as the
unavoidable rolling blackouts
due to lack of skills and
management incompetence,
is
impacting
businesses
negatively. This follows the
defacing of statues and the
general mayhem by the poor
who are demanding action
by government. The current
situation is now starting to
have a negative impact on our
economy and our future as a
sustainable country.
Celebrity property billionaire and businessman, Donald
Trump, who features in our cover story this month, has
long voiced his opinions on the state of South Africa. He
recently tweeted that, ‘South Africa is a total and very
dangerous - mess. Just watch the evening news.’ When I
met Trump in Sydney, Australia in September 2011, he
told me that South Africa was a challenging place to do
business. His detractors have challenged Trump regularly
but this time around it is starting to get out of control.
recently returned from a trip to the United States, where
it is becoming more difficult to defend those statements
to investors and businessman who are willing to invest. If
we want South Africa Ltd to become a winning nation,
then we have to follow the example of other countries
like the United States, Germany and Switzerland. These
countries all have liberalized economies that welcome
foreigners and understand their immense contribution
to the local economy. Our government does not realize
the implications of their decisions, which is putting our
economy in an extremely vulnerable position and verging
on a collapse. True leaders please step up! It is your time!
At REIM, we support the notion of transformation
through ownership of property. We know that as a result
of the Land Act of 1913 and the Group Areas Act of 1957
many black South Africans have had occupation rights
but no property rights. Wealth is built on property rights.
REIM, as always, is the prime educator for those who are
both first time homebuyers and seasoned investors.
We hope you enjoy this issue with more new ideas,
tips, tools and resources to help any start-up or seasoned
investor grow their wealth through property.
Enjoy the read!
NEALE PETERSEN
We need new leaders to start initiating some positive
action instead of government being in constant denial. I
FOUNDER AND EDITOR-IN-CHIEF
Time to Lead by Example.
FROM THE EDITOR
B
usinesses and are being
negatively affected by
Eskom’s power crisis
causing rolling blackouts.
Economic growth is steadily
decreasing.
South Africa’s economic
outlook has dropped by 2
percentage
points, from
2.7% last year to 2.5% this
year. This is according to the
World Bank.
We need new leaders who
are willing to fix the myriad
of problems we are faced
with daily. It is time for
these leaders to focus on re-
building our country by firstly, improving upon service
delivery and constructing infrastructure.
Despite changes and shifting trends in the market the
right mindset and attitude goes a long way in helping you
to benefit from your real estate investment journey and
reap the rewards.
In this edition, learn how to invest like Donald Trump
with his’ 10 secrets to property success.
See how you can become a multi-millionaire through
property.
Discover how safe your retirement home is from the
rising cost