MidCity News

You Don’t Need More Money – You Need Better Money Habits

By Sheldene Alester, Senior Accountant – Ascendant Financial Services (Pty) Ltd Most people believe that earning more money is the only way to achieve financial freedom. While this may differ from person to person, depending on lifestyle and circumstances, it is not the only path. Financial freedom and wealth are built on consistent money habits

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Crypto Assets and Taxes in South Africa: What You Need to Know

By Sheldene Alester, Senior Accountant – Ascendant Financial Services (Pty) Ltd Crypto assets have become a major part of the digital economy, offering innovative ways to store and exchange value. But with these opportunities comes an important responsibility—tax compliance. If you’re trading, mining, or using crypto for transactions, understanding how taxes apply is essential to

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WHY UPDATED CONDUCT RULES MATTER IN SECTIONAL TITLE SCHEMES

By Bennie van Dyk, Senior Operations Manager: Community Schemes Management – MidCity Property Services Sectional title schemes function as micro-communities where clear, fair, and up-to-date rules are essential for harmonious living. Governed by the Sectional Titles Schemes Management Act (STSMA), these rules regulate the behaviour of owners, tenants, and visitors within the scheme. As lifestyles,

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Beware of the Latest SARS Settlement Scam: What You Need to Know

By Ascendant Financial Services (Pty) Ltd South African taxpayers are being targeted by a new phishing scam that impersonates the South African Revenue Service (SARS). The fraudulent email, titled “Settlement Notification – Action Required by 13 October 2025,” is designed to create panic and urgency, tricking recipients into making payments to scammers. This article outlines

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Understanding Fidelity Fund Protection in South Africa’s Property Sector for Community Schemes

By Bennie van Dyk, MidCity Property Services (Pty) Ltd, and Herman Liebenberg, Insure City Insurance Brokers (Pty) Ltd A Fidelity Fund Certificate (FFC), issued by South Africa’s Property Practitioners Regulatory Authority (PPRA), is a legal requirement for anyone operating as a property practitioner. It serves as both proof of compliance and a financial safeguard for consumers. Fidelity

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Ensuring Legal and Safe Trading in Tshwane

By Liezel Kruger, Commercial Property Portfolio Manager: Property Administration and Facilities Management – MidCity Property Services At MidCity, we take compliance seriously, not only because it’s a legal requirement, but because it protects our landlords, tenants, and the communities we serve. Following recent developments and social media reports highlighting the City of Tshwane’s enforcement actions

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How to Adjust Your Financial Strategy When Interest Rates Decline

By Ascendant Financial Services (Pty) Ltd Interest rates are a powerful force in the financial world. When they decline, the ripple effects are felt across the entire economy, from cheaper loans to reduced savings yields. Whether you are borrowing, saving, or investing, a shift in interest rates can either work to your advantage or catch

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Navigating Improvements to Sectional Title Units in South Africa

By Bennie van Dyk, Senior Operations Manager: Community Schemes Management – MidCity Property Services Sectional title living offers a unique blend of private ownership and shared responsibility. However, when it comes to upgrading your unit — whether enclosing a balcony, installing solar panels, or modernising a kitchen — the process involves more than simply hiring

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Four Decades Under One Roof: A Tenant’s Story of Home, Community, and Change

By Diounie Strydom, Senior Residential Portfolio Manager: Property Administration and Facilities Management – MidCity Property Services In a world where people often move from one place to another in search of something better, one tenant has shown that the best place can sometimes be the one you never leave. For more than 40 years, Ms

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