Please note that our team will work remotely and remain available throughout the national shutdown period.

We will be available via email and telephone.

In light of the President’s address and the various ministers’ press briefings, which set out several precautionary measures that have been and will need to be taken to stop the spread of COVID-19 virus, the SAIV’s National Executive Committee held a meeting to devise a plan that will allow the organisation to take precautionary measures to protect not only our employees, but also all our valued members and stakeholders.

Postponed events include the Northern Branch AGM & Seminar and the KZN Branch DCF Workshop (Part 2). Our National Seminar which is scheduled to take place on 14th and 15th May in Kwa-Zulu Natal this year is concerned, we are monitoring the situation closely and will inform members by the 14th April of NATEX’s decision in this regard.

The programme is targeted at 3rd year students studying towards a Property Valuation or related course at an Institution accredited by SACPVP, as well as Candidate Valuers who may have completed their studies and require Mentorship together with experiential learning.

To Enrol for the Mentorship Programme, kindly please complete an enrolment form by clicking here.

Closing Date for Submission of Enrolment Form: 30 April 2020

An investigation into the application of legislation in the determination of compensation by valuers for overhead power line servitudes in South Africa
By Maritha Duvenage - Faculty of Engineering, the Built Environment - University of Cape Town
Minor-dissertation (MSc: Property Studies)

The aim of the research is to determine the impact of the conflict between the Constitution and the Expropriation Act 63 of 1975 and the consequences that it has on the valuation profession in terms of the valuation of land for the purpose of acquisition of servitude rights for overhead power lines. It is concerned with the current legislation, policies and precedent relating to the practice of valuation for compensation of overhead power line servitude in South Africa. Please note that anonymity will be assured during this survey. For further information or comments, you are welcome to contact the researcher at maritha@amppro.co.za


Please click here to complete the questionnaire.

Notice is hereby given in terms of section 74(5)(a) of the Constitution of the Republic of South Africa, 1996, that the ad hoc committee to initiate and introduce legislation amending section 25 of the Constitution intends to introduce the Constitution Eighteenth Amendment Bill, 2019.             
 
Members are invited and encouraged to submit written commentary on the draft Constitution Eighteenth Amendment Bill by Monday 24 February 2020 to: info@saiv.org.za. The comments received will be collated by Saul du Toit and a submission be made on behalf of SAIV.
 
Please click here to view the Bill.

INVITATION TO COMMENT ON NATIONAL POLICY FOR BENEFICIARY SELECTION AND LAND ALLOCATION

The Minister for Agriculture, Land Reform and Rural Development hereby publishes the Beneficiary Selection and Land Allocation Policy for public comment.

Members of the public are invited to submit written comments within 60 calendar days of the publication of this notice.         
 
Written commentary to be submitted to info@saiv.org.za by 24 February 2020.
 
Please click here to view the Bill.

INVITATION TO COMMENT ON DRAFT PUBLIC PROCUREMENT BILL

Government wants to change SA tender laws

The National Treasury is seeking public comments into the recently published Draft Public Procurement Bill.

The draft bill proposes a single regulatory framework for procurement applicable to national, provincial and local government, as well as state owned entities.

In a statement last Wednesday, Treasury said once the bill becomes law, it will eliminate fragmentation in the laws that deal with public sector procurement.

“The Bill creates a more flexible preferential procurement regime and enables the Minister of Finance, after consulting responsible Ministers, to prescribe a framework for preferential procurement.

 “To advance economic opportunities for previously disadvantaged people, specific provision is made for women; the youth and people with disabilities; small businesses; locally produced goods, including local technology and its commercialisation,” it said.

Members are encouraged to submit their comments directly to CommentDraftLegislation©treasury.gov.za by 31 May 2020.

THE SCOPE OF WORK FOR CATEGORIES OF REGISTRATION OF THE PROPERTY VALUERS PROFESSION

Listed valuations a complex but exciting space

The CBE Act impels the CBE to, after consultation with the Competition Commission (CC) and in consultation with the Councils for the Built Environment Professions (CBEP), identify the scope of work for each category of registration (section 21 of the CBE Act). The consultation with the CC was conducted. The CBE is keen to continuously engage the CC on the process of regulating the built environment professions. The CBE will also seek collaboration with the CC on the development and communication of an advocacy position on the regulation on the built environment professions.

Download pdf:

The scope of work for categories of registration of the property valuers profession

Click here to visit the CBE website.

Valuation has always played an important role in property, particularly in the listed sector where so many different parties have interests at stake. In the current economic environment, there is increasing pressure on valuers across all spheres of valuation - but particularly in listed property - to provide clients with information not just on the value of an asset today, but on how it is expected to perform going forward. Patrick O'Connell, operations director of Spectrum Valuations and Asset Solutions, tells Asset his views on the subject.

Click here to read the interview.

NORTHERN BRANCH MENTORSHIP PROGRAMME

KZN MENTORSHIP PROGRAMME

Click here to make a donation towards the Mentorship Programme.

After we had completed the formalities and before lunch, the mentees surprised the committee members (and seriously humbled us).

They presented gifts to each of us (the KZN Branch Executives who are acting as Mentors) AND for the GM Office personnel (Lerato & Anne-Marie) AND for Robbie Roper.

This was the appreciation for the efforts being made to set up the programme on their behalf.

Click here to make a donation towards the Mentorship Programme.

CONGRATULATIONS

Congratulations to Tracey Myers on her elevation to Fellow Member.

Tracey has been dedicated to the Valuation profession for over 20 years. Her involvement has culminated in the growth of the profession and in learning and development amongst valuers. She has provided lectures at the SACPVP Workschool, has lectured to undergraduate and post graduate students at WITS University, University of Pretoria and University of Johannesburg. She has also provided lectures for a number of institutions such as RICS and SAPOA. Tracey has served on the Services SETA Real Estate Chamber and currently serves on the Council for the Built Environment Appeal Board. She was recently nominated in the category ‘Professional of the Year’ by the Women’s Property Network Professional.

Thank you Tracey for your continued hard work and dedication to the profession and the Institute.