Julius Malema’s Polokwane home has been auctioned for R1.45m to an ANC member, who insists there is no political motive behind the purchase.

Expelled ANC Youth League president Julius Malema’s half-built Sandown mansion has fetched over R2-million more than expected at an auction.

Vehicle repossessions in South Africa appear to have bottomed out, a sign that the worst of the recession might be over.