DURBAN - An event held jointly by the South African Property Owners Association, Women’s Property Network and the South African Institute of Black Property Practitioners discussed the issues that are affecting the property sector.
The event took place at the Durban ICC on the 13th of February 2019.
The first-of-its-kind event was held to unite these three associations and government towards addressing transformation, land reform and other issues affecting the property industry.
The three renowned property organisations collaboratively hosted the event with the main theme, "Transformation in the Property Sector Transformation – Unite KZN".
The theme was aimed accelerating transformation within the property sector and to engage on the topical land reform matters. Key note speakers shared insights on land expropriation, bulk infrastructure, catalytic projects and other challenges facing the industry on a national level.
Bernadette Khumalo, regional chairperson of SAPOA in KZN and Chief Executive of Rokwil Civils said, "We wanted to break down the stereotypes and show a united front in KZN. Each association faces and deals with the same challenges and working together on common issues is better than each trying its own approach".
Queen Mjwara, KZN chairperson for WPN said, “Considering the property sector charter and its codes, we are making slow progress towards the benchmark. This breakfast was a reminder for our three organisations to prioritise and drive transformation in the property industry.”
National keynote speakers were Portfolio Committee Acting Chair and ANC Whip, PJ Mnguni from Land Reform and Rural Development, and eThekwini Municipality Deputy City Manager of Economic Development, Phillip Sithole.
Key topics for the Deputy City Manager included urban renewal, improving bad building practices, redressing the social housing backlog and public space management to attract investors and tourists.
Sithole also mentioned that the City is committed to working with the private sector and has already hired a head of catalytic projects to assist with unlocking developments and the necessary bulk infrastructure. The KZN Economic Development, Tourism and Environmental Affairs’ Provincial Acting Deputy Director General and Chief Director, Dr Sixtus Sibeta spoke about transformation and empowerment.
SAIBPP Director and KZN Chairperson, Andile Mnguni who is also a Portfolio Executive for Tongaat Hulett Developments said,, "The breakfast was a great success providing us with the platform for government at all levels to share and advise on the latest developments and challenges facing them to strengthen and build relationships between government and private sector organisations".
Approximately 200 people attended the event and the mix of delegates included brokers, attorneys, executive property developers, banks, property owners, managing and estate agents, eThekwini municipal officials and executives from government owned enterprises such as Dube Tradeport and Transnet.