B-BBEE Advisory

BEE Advisory Services

B-BBEE Advisory Services Within the Real Estate Sector

South Africa's economic and social change is a developing and fluid subject, with our actions writing the rules as they go. These actions—both positive and negative—have been represented in the revisions made to the Revised Codes of Good Practice (RCoGP) during the past seven years and reflect the Department of Trade and Industry's assessment of the development to date. 

Today, BEE compliance is practically required for every firm. The real estate industry is no different. Our BEE consulting experts use a transformational approach to make sure that your BEE plan within the real estate sector is not just a compliance exercise that you check off but is also in line with your company strategy for a sustainable competitive advantage.

Building a B-BBEE Strategy 

Our consultants' combined corporate expertise enables us to create a delivery-oriented strategy, and our tried-and-true techniques have successfully boosted the value provided to our customers' businesses. These technologies help and enhance the "best practice" in BEE and annually generate outstanding validated scorecards. We provide support for the BEE planning process within the real estate sector.

Implementing B-BBEE

It is important to recognize that BEE compliance has emerged as a critical component of conducting business in South Africa. How you apply BEE has an impact on how you may stand out in the market. BEE compliance has changed significantly as a result of the most recent revisions to the Revised Codes of Good Practice (RCoGP). For both larger and smaller organizations, we provide continuing BEE compliance training and technical help to adapt to these developments.

Skills Development

In order to satisfy your organization's demands for training and skill development, Phoenix offers a variety of authorized Learnerships alternatives specifically for the real estate sector in South Africa.  While developing fruitful working partnerships with its training providers, complete compliance with the Skills Development Act guarantees that a business will fulfill the established B-BBEE targets.

By giving them a respectable opportunity to learn, develop, and make a constructive contribution to society and the general economic health of the nation. Upskilling the workforce empowers people.

Recent Posts

Section 12H Learnership Allowance Tax Incentive Explained Phoenix Group News Blog

Section 12H Learnership Allowance Tax Incentive Explained

Tuesday, August 2, 2022 | Hannah van Deventer

The “Section 12H” learnership allowance is intended to be an incentive for employers to encourage skills development within their workforce, with the hope to create jobs and economic growth.

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Skills Development and B-BBEE Compliance Phoenix Group News Blog

Skills Development and B-BBEE Compliance

Thursday, June 23, 2022 | Hannah van Deventer

Skills development is a crucial part of building South Africa’s economy as it creates job opportunities that are otherwise scarce.

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Is the NQF4 Real Estate course obsolete? Phoenix Group News Blog

Is the NQF4 Real Estate course obsolete?

Saturday, June 4, 2022 | Hannah van Deventer

The 1st of February 2022 saw the commencement of the Property Practitioners Act (PPA) and subsequent Property Practitioners Regulations, bringing along significant changes to guidelines for registration, training and B-BBEE compliance in the real estate sector in South Africa. The most confused topic of the new PPA and Regulations seems to be training requirements for new Candidate Property Practitioners – what are they and when do they take effect?

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Property Practitioners - Is BEE Compliance Possible At All? Phoenix Group News Blog

Property Practitioners - Is BEE Compliance Possible At All?

Thursday, May 26, 2022 | Hannah van Deventer

The Property Practitioners Act 22 of 2019 (PPA) came into effect on the 1st of February 2022, thereby repealing the Estate Agency Affairs Act of 1976, which had largely regulated the real estate sector in South Africa. Under the PPA, all parties who deal with property and related matters in their ordinary course of business are all referred to as property practitioners.

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How Far Transformation Goes In Terms Of The PPA Phoenix Group News Blog

How Far Transformation Goes In Terms Of The PPA

Thursday, May 19, 2022 | Hannah van Deventer

With the Property Practitioners Act of 2019 (PPA) now in force, it is imperative that players in the property sector be awake to its requirements and obligations. Amongst the most prominent provisions in the PPA is with regard to transformation with the preamble, sections 47, 48 and 50 (a) (x) being key in this respect. 

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The Property Practitioners Act And BEE Phoenix Group News Blog

The Property Practitioners Act And BEE

Tuesday, May 10, 2022 | Hannah van Deventer

The 1st of February 2022 saw the commencement of the Property Practitioners Act 22 of 2019 (PPA), bringing along significant changes in the regulation of the real estate sector in South Africa. Prior to the PPA the sector had largely been regulated by the Estate Agency Affairs Act of 1976, which has since been repealed.

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Changes To Training Of Estate Agents Phoenix Group News Blog

Changes To Training Of Estate Agents

Sunday, February 27, 2022 | Hannah van Deventer

There’s a lot of speculation around the new Property Practitioners Act and subsequent Regulations from everyone in the industry. The most common questions we get are about training of agents and how this will change under the new regulations.

At this stage, the new requirements are very much “up in the air” with additional instructions expected from the Property Practitioners Regulatory Authority (PPRA) over the course of the year.

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