Change: Estate Agent

Trade and industry dept withdraws its opposition to high court case.

- 

Lobby group Sakeliga has struck an arguably decisive blow in its legal challenge to moves by the Property Practitioners Regulatory Authority (PPRA) to no longer issue fidelity fund certificates to non-broad-based black economic empowerment (B-BBEE) compliant businesses.

It announced on Tuesday that Minister of Trade, Industry and Competition Parks Tau "has withdrawn his opposition" to its case. This department is responsible for driving the government's BEE agenda through legislation, codes, policies and sector charters.

Sakeliga originally filed papers in the High Court in Pretoria against the PPRA and the ministers of human settlements, water and sanitation, and trade, industry and competition. It made these papers public in January.