Tag Archives: City Press

This year’s hottest home

9 Sep

Author: Biénne Huisman

Publications:  City Press

Date Publiched: 9 September 2013

Architects and designers toast house of the year

South Africa’s house of the year boasts braais on two levels, a pizza oven next to a swimming pool and sweeping views of Cape Town.

A five-bedroom mansion on the slopes of Table Mountain beat 10 other finalists to clinch top honours in a national luxury-housing competition this week.

The country’s top address in Cape Town’s Higgovale is home to structural engineer Craig Sutherland, his wife, Colleen, their teenagers, Keegan, Adrienne and Casey, and their two dogs, Stitch and Mia.

“The stoep is my favourite. It’s lovely in summer with views up to the sea,” said Colleen.

“I have loads of entertainment options, which is just great,” added Craig.

The country’s foremost architects and home designers toasted the pair’s home at a function in Cape Town on Wednesday.

The winning property was voted for by readers of House and Leisure magazine, with about 20 000 votes cast in an online poll.

Commenting on the winning house, editor Naomi Larkin said: “It is a proper family home and yet it is extremely sophisticated.”

The Sutherlands bought the property 11 years ago and had major renovations done last year.

The air at the party was thick with intrigue as one of the competition’s top contenders was the Hermanus beach house built by Herman Pretorius, the alleged pyramid scheme fraudster who shot himself and a business partner in Cape Town last June.

The controversial sea-facing Voëlklip villa was featured on the cover of House and Leisure’s “luxury issue” in August 2012, which apparently went to print before Pretorius died.

It was alleged in court papers that the sprawling three-bedroom house was built with investors’ money.

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Suss investments before buying

12 Aug

Author: Maya Fisher-French and Liziwe Ndalana

Publications:  City Press

Date Publiched: 2012-08-12

It is imperative to be wary of the risk you may be taking on your returns when investing, write Maya Fisher-French and Liziwe Ndalana
The recent Relative Value Arbitrage Fund (RVAF) scandal in Western Cape that led to the suicide shooting of Julian Williams by his associate, Herman Pretorius, is estimated to have lost investors about R1.8 billion.
While investors and advisers who recommended the …………

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Behind facade, con man lived the high life

5 Aug

Author: Jacques Dommisse

Publications:  City Press

Date Publiched: 05 August 2012

WITH a Bible in one hand, an ex-cop smiled and swindled thousands of investors out of hundreds of millions of rands while living the life of the super-rich for more than a decade.

The story of Herman Pretorius (55), is that of a man who professed to have been a pillar of strength in his community and church, while siphoning off a fortune from investors through a network of companies, close corporations, trusts and schemes, which he mismanaged.

Pretorius, the brain behind the Abante group and now infamous Relative Value Arbitrage Fund

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