Bay agent on estate board

Thulani Gqirana

PORT Elizabeth estate agent and businessman Andile Ben- Mazwi has been appointed to the Estate Agency Affairs Board of South Africa (EAAB).

Human Settlements Minister Tokyo Sexwale announced the new board yesterday.

The 15 members – from various sectors including financial services, justice, the estate agency industry and civil society – were introduced by Sexwale at a media briefing in Rosebank.

The EAAB was dissolved by Sexwale last year after the Wendy Mechanik saga and the resignations of its CEO Nomonde Mapetla and chairwoman Ina Wilken.

The EAAB was then put under administration. Lawyer Taswell Papier was appointed as administrator and was tasked with restoring stability to the board, facilitating good corporate governance and reporting back to Sexwale in six months.

The new board’s first and urgent assignment would be to appoint its chairperson and CEO, Sexwale said.”The tasks facing the new board are not only challenging, but could also be exciting. The litmus test of the success of the new board will be premised upon good governance, integrity of their processes, credibility of their decisions, transparency as well as constant interaction with members of the public,” Sexwale said.

Ben-Mazwi, who was at the announcement in Johannesburg, said he was greatly humbled by the appointment.

“Its amazing that my 25 years of experience in the property industry will be used to benefit the industry,” he said.

“I appreciate that I have been given an opportunity to effect change in the industry at a strategic level.”

Sexwale also presented the resolutions of a summit held in Sandton in July 2012, at which 600 delegates representing 40 000 estate agencies deliberated on the challenges facing the industry.

The first resolution was that the Estate Agents Affairs Act needed to change. Sexwale said the act could be amended or repealed.

Transformation also topped the resolutions at the summit.

Only 5% of the 40 000 real estate agents in the country were black, he said.

“This is unacceptable. Twenty years into this democracy it is unacceptable that our people are not included in this industry which governs a total of almost R5-trillion,” Sexwale said.

The new board members are: Andile Ben-Mazwi, chairman of the Real Estate Business Owners of SA (Port Elizabeth); Jill Corfield, member of the executive committee of the Institute of Estate Agents of SA in the Natal Coast region; Leo Mlambo, chairman of the National Property Forum; Dineo Molomo, head of Henley Real Estate Centre-Africa; Ewaldina Porteous, director of Pam Golding Properties Margate ; Sikkie Kajee, chief audit executive at Telkom SA; Advocate Tshepo Maake, non-executive member of MaakeMogale Investment Holdings; Rhulani Marivate, founder and partner of Marivate Attorneys; Jabhile Mbhele, manager at the Financial Advisory and Intermediary Services; Mfanufikile Nsibande, senior analyst at the SA Reserve Bank; Bubele Damane, former CEO of the Central Energy Fund; Dr Kwandile Kondlo, board member of the SA Association of Public Administration;

Portia Lebenya-Ntanzi, board member of the KwaZulu-Natal Tourism Board; Maletsatsi Maceba-Wotini, provincial director of the SA Red Cross Society; and Dr Fazel Randera, chairman of MediTech SA. – Additional reporting by Sapa

Leave a Reply

Please keep in mind that comments are moderated according to our comment moderation policy. Your email address is required but will not be published.