black property bodies in push for change
31 July 2008

The SA Institute of Black Property Practitioners is set to launch a "revolutionary" three-year programme of initiatives to speed up transformation of the commercial property sector.
Nyameka Madikizela, the president of the institute - which has about 400 members, most of them commercial property brokers - said on Friday that the transformation would start at the institute's convention this week, with the identification of true partners that would support black economic empowerment (BEE).

The Black Conveyancers' Association last month stated there had been little transformation in the property industry. Johann Appies, the association's national chairman, said the industry was still 94 percent owned, controlled and managed by white people and most services procured were from white service providers.

Click here to read full article by Business Report - South Africa