Convention is expected to draw some 200 professionals from across the property sector

Posted On Tuesday, 29 July 2008 02:00 Published by eProp Commercial Property News
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The annual convention of the South African Institute of Black Property Practitioners (SAIBPP) takes place at the Helderfontein Conference Centre on 31 July 2008.

Monde MnyandeThemed ‘Stretching the Frontiers’, SAIBPP President Nyameka Madikizela says the convention will address all the prevailing issues, fundamental to the transformation of the sector.  “There remain serious challenges facing the transformation agenda in the property industry. 

Our black practitioners are still frustrated and cannot break the glass ceiling that continues to exist in the industry.  It’s crunch time.  It’s now or never.”

SAIBPP’s vision is to lead transformation in the property industry.  This vision will have been realised when the following is evident:

• A number of historically disadvantaged in the industry will mirror the population of the Country
• Historically disadvantaged found in all levels of the industry
• Programs that facilitate a developmental environment for the disadvantaged
• Partnerships that foster the interests of the disadvantaged
• A property industry that is known to all sectors of society for its equitable treatment of participants
• A sustainable institution through resources and membership

“SAIBPP’s programs and initiatives will be revolutionary in the next 3 years. Watch this space!” she says. “This year’s convention is the beginning of that process; where we will be identifying true partners who will support 100% BEE.

We have already lost a strategic partner, who will remain nameless because of that vision. However, we also need to recognise that “as black people we need to work harder!” 

She says that prospective black property professionals need to make it their business to acquire enough depth of knowledge.  “To move the transformation agenda to the next level, we need to release the culture of entitlement which has been rampant in the BEE space. 

A strong skills base which allows for innovation will have to be our answer, particularly in the prevailing difficult trading conditions characterised by hyper inflationary pressures and high interest rates.”

Delegates at the SAIBPP convention will be addressed by prominent industry experts, including Dr Monde Mnyande, Chief Economist and Executive General Manager at the South African Reserve Bank, who will shed light on the impact of interest rates on the sector. 

Yousuf Haffejee, Market Development Manager at Eskom will address the energy crisis and give a perspective on how South Africa’s energy planning will improve property investments and developments in the future.

A panel discussion, led by Abdul Milaz, Associate Editor at the Sunday Times, will revolve around the difficulties accessing black skills in the property industry while Manye Moroka, Director General of the Department of Public Works, will elaborate on the department’s asset management strategy and delivering on the goals of the Property Transformation Charter.

Last modified on Thursday, 29 May 2014 10:02

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