Corporate Social Investment

The Board remains committed to the utilisation of resources both to initiate and contribute to projects that benefit designated groups, communities and individuals and which, in addition, promote transformation, development and Broad-Based Black Economic Empowerment.

During the period under review such projects included:

• Conducting consumer education and furnishing information on property ownership and practice;
• Attending strategic meetings of the Property Charter Council;
• Providing material support and office accommodation to the Property Charter Council at the EAAB offices;
• Participating in the FNB Women’s Quiz in support of women from disadvantaged communities; and
• Attending events in support of the Nelson Mandela Childrens’ Fund.

Future project of this nature may include amongst other things:

• Community training on the value of property ownership and promoting the estate agency sector, including building related estate agency skills, amongst previously disadvantaged communities;
• The allocation of grants in terms of section 12B of the Act to be orientated towards education with the view to transforming the estate agency industry;
• Creating development programmes in property for women, the youth andthe unemployed.