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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - April 2026
Message from the Managing Director

It did not come as much of a surprise when the Reserve Bank’s Monetary Policy Committee unanimously voted to keep our repo rate unchanged at 6,75% during their March sitting.

With the war in the Middle East showing no signs of abating, there is a substantial possibility that the rising fuel prices will quickly lead to the increase of consumer goods. In themselves, this will lead to a rise in inflation, which may then usher in the first repo rate hike in almost three years.

I had my hopes pinned on a few more interest rate reductions for the remainder of 2026, which would have converted many tenants into new homeowners when they realise...

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Featured Residential Developments

iThemba is our first of three residential complexes within the Melokhule Estate, situated in Albertsdal, East of Johannesburg. The complex is comprised of ninety-seven simplex homes with either a two-bed-one-bath or three-bed-two-bath configuration. iThemba was completed late in 2025 and we only have eleven homes still available to purchase off plan, which will save the prospective buyer thousands of Rand in bond and transfer fees.

Featured Listings
Brand new residential development in Albertsdal.
iThemba is our third residential development in Albertsdal and all homes are now ready for occupation! The ninety-six home security complex comprise of both two and three bedroom simplex units with single or double bathrooms. Each home has a walled and pet friendly garden and either a single or double allocated...

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Latest News
High Court warning for anyone buying property in South Africa

A recent High Court judgment serves as a notable warning for anyone buying or selling property in South Africa.

The case centred on a property purchased in October 2013. Less than a year later, in August 2014, a wooden deck on the property collapsed, prompting legal action from the buyers.

However, judgment was only handed down on 25 February 2026—more than 12 years after the sale and over 11 years after the defect first emerged.

The court...

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Launching Shortly

Our first teams have moved onto site at Kaelo, also found within the well-guarded perimeter of the Melokhule Estate in Albertsdal. With the site already cleared, the installation of bulk services must be completed before a construction team can commence with the placement of the first brick on site. I expect that our skilled teams will make light work of the construction and completion of all fifty homes within the project.

More info at www.renico.co.za

Latest Listings
R28,980 pm
322m² Warehouse To Let in Factoria
These medium-sized units within the popular Factoria Industrial Estate do not spend too much time on the open market. This premises has an office component with kitchenette and ablutions with 90% of the total floor area utilized as warehouse space. The unit...

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R2,595,000
3 Bedroom Townhouse For Sale in Craigavon
Welcome Fourways! Harlow Estate will offer fifty-seven duplex homes, all free-standing and bursting at the seams with either three or four bedrooms, two bathrooms, guest loo, sun-drenched bedrooms fitted with ample cupboard space, an ergonomically designed...

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Regards
RENICO Construction (Pty) Ltd
Tel 011 794 1177
Fax 011 794 1159
Email info@renico.co.za
www.renicoconstruction.co.za
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