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The real estate industry is facing a perfect storm with the imminent convergence of both the National Minimum Wage Act and the soon-to-be-promulgated Property Practitioners’ Act.
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Real estate vulnerable to cybercrime According to the South African Banking Risk Information Centre Annual Crime Statistics report for 2018, digital crime increased by 4.9% from the previous year, amounting to R2.6 million in losses for unsuspecting victims. |
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Speakers Corner Many agents reacted strongly to the news that the EAAB cancelled their contract with PrivySeal, after stalling for five months to renew said contract yet received services without paying for it. Here are some of the comments received. |
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It’s time to step up It is time for the previously disadvantaged majority, especially women, to step up within the real estate industry says Nondumiso Mthwa, CEO of Idwala Property Group. She recently delivered this address at the Standard Bank Top Women’s Regional Conference.
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Growing trend: change office blocks into apartments Right in line with global trends, many empty office buildings in Johannesburg CBD have been turned into affordable apartments and property developers are confident the trend is spreading to more cities in the country.
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