The Department of Human Settlements has kick-started a series of national public information sessions to ensure that more South Africans become accustomed to the content and purpose of the draft regulations to give effect to the Property Practitioners Act.

The National Home Builders Registration Council (NHBRC) has deregistered seventeen (17) contractors and builders from its database of approved homebuilders following the outcome of the disciplinary hearing processes.

While this has probably remained below the radar for many home owners, amendments to Regulation 68 47/1937 of the Deeds Registries Act which were published in January this year (2019) means that there’s a longer, more onerous - and no doubt costlier route you need to follow if you’ve lost the original Title Deed to your property.

The Department of Trade and Industry (dti) has announced that Sector Charter Councils in South Africa now have until 15 November to submit their updated and aligned sector codes to the Minister of Trade and Industry (Minister) for approval, and that all existing sector codes that have not been submitted by this date will be repealed.

New Treasury regulations, soon to be published under the Public Finance Management Act, could have major implications both for property developers and human settlements departments vying to gain access to well-located, non-core land owned by state-owned enterprises. 

Delta, the JSE’s sector specialist with unique exposure to commercial assets with a predominant government underpin announced that it has maintained its Level 2 Broad-Based Black Economic Empowerment (B-BBEE) Contributor status.

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