Sipho Mabena
Premium Journalist
3 minute read
9 May 2022
5:15 am

Estate agent body ‘chaos’ sees authority imploding

Sipho Mabena

Regulatory body is leaderless, with reports of financial irregularities and unfair dismissals

Protesters linked to the Property Sector Transformation Group clash with security guards as they attempt to stage a sit-in at the Property Practitioners Regulatory Authority on 29 March 2022, in Sandton. Picture: Michel Bega

With less than four months left for the Property Practitioners Regulatory Authority (PPRA) to have all processes in place to effectively operate under a new law, the regulator is instead seemingly in chaos. The Property Practitioners Act (PPA) came into effect in February, with the regulator given six months to ensure all its legislative requirements were met. But the property sector watchdog has recently been gripped by instability. Its chief executive Mamodupi Mohlala-Mulaudzi was suspended more than a month ago due to allegations of irregularities related to pension fund contributions and the appointment of six employees. Concerned employees claimed the...