Today's Labour News

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EAABEngineering News reports that according to Estate Agency Affairs Board (EAAB) transformation committee chairperson Eugenia Kula-Ameyaw, estate agents in the property sector have long been bound by “dinosaur” legislation and the profession has remained untransformed since 1994.  

She was speaking at an EAAB event to discuss the board’s efforts to facilitate transformation in the sector and include more previously disadvantaged individuals (PDIs) by removing barriers to entry.  CEO Mamodupi Mohlala-Molaudzi said the EAAB would publish a detailed business plan in the next few months to share how it would implement transformation imperatives in the sector.  This would cover attracting more youth to the sector, promoting skills development and accommodating PDIs to enter the sector, as well as aiding matters of equity and enterprise development.  This comes as the Property Practitioners Bill is in the process of being promulgated within the next few months into legislation.  While the sector is awaiting the new legislation, the board has resolved to assist noncompliant estate agents to be issued with Fidelity Fund Certification (FFC), which is legally required by estate agents to operate.  Such applicants can base their justification for noncompliance with requirements on economic or social aspects that have hindered their progression in the sector.

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