Broad-based black economic empowerment and transformation in general are burning topics in the country, especially with many sectors of the economy still lagging on this front. The Property Sector Charter Council plays a key role driving the transformation agenda in the broader property sector. On this latest episode of The Property Pod, PSCC CEO Portia Tau-Sekati shares her insights on B-BBEE in the industry she is so passionate about.
Balwin’s BEE deal gets green light at AGM [Aug 2021] “So how that kind of conversation would start would be that kind of organisation. There are quite a few, including the law companies, those kind of companies. Then they would go to the landlords and say, Mr Landlord, you are our biggest procurer. However, unfortunately you don’t have the right B-BBEE credentials, and that impacts our scorecard.
What the PPA means for Community Housing Schemes “In total, the register, the estate agencies, there are about 15 000 that are registered with the regulator and very few brands, if any at all. I mean, 27 brands out of that 15 000 actually account for close to 70% of what they make in that industry. There haven’t been very big strong ones, if any at all, that are normally from previously disadvantaged.
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