Property industry is on the cusp of real transformation

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Ireland News News

Opinion | Property industry is on the cusp of real transformation

Developing SMEs, and the industry working closely with the government and its agencies, will raise the value of property in the hands of the black majorityThe SA property industry is on the cusp of real economic transformation of the sector through small and medium enterprise development.

Too often the development of black SMEs is viewed as a box-ticking exercise by corporates eager to fulfil the requirements of the government’s codes for broad-based BEE The cost of attendance, logistics and exhibiting are some of the most prohibitive factors for SMEs and need to be addressed in the future. In addition, there is also a need to disseminate the content of the conference to broader audiences for the benefit of players throughout the sector.Global research indicates that big business connections can be critical for small companies.

How many companies conducting transformation programmes such as enterprise and supplier development in the sector can accurately quantify the real tangible returns? More importantly, how many SMEs can tell of the real impact on their lives?The sector seems to be doing well in ownership compliance, hitting its BEE requirements, according to the PSCC data. However, the value of black-owned property remains miniscule.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Young black farmers determined to reach greater heights in sugar-cane industryEntrepreneurs are intent on succeeding despite challenges faced by buyer Tongaat Hulett How is that even possible When the industry is on a downwards spiral
Source: BDliveSA - 🏆 12. / 63 Read more »

BUSINESS MAVERICK INVESTIGATION: Video Surveillance and Cybersecurity (Part Two): Chinese cyber espionage is a real threatChinese surveillance giant Hikvision has sold thousands of security cameras in South Africa and soon Joburg’s suburbs will see an unprecedented increase of Hikvision’s presence. But their products, along with Huawei and ZTE, face a ban in the United States following rising fears of Chinese cyber espionage. Unlike the US, however, South Africa’s State Security Agency – with its own shady past – has enjoyed a close relationship with China’s security forces. Daily Maverick delved into the details of the US ban and discovered chilling implications for South Africans.
Source: dailymaverick - 🏆 3. / 84 Read more »