Property regulator says do BEE or close down your business
Tens of thousands of estate agents, property developers, property administrators, landlords, direct property sellers, auctioneers, property advertisers, and other “property practitioners” have been told to do BEE or stop operating. On 13 March 2024, the Property Practitioners Regulatory Authority (PPRA) announced that it plans to refuse to issue or renew Fidelity Fund certificates for businesses with less than 40 points