SOUTH AFRICAN HOUSING & INFRASTRUCTURE FUND

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South African Housing and Infrastructure Fund (SAHIF) honours women in Real Estate and Construction

Durban, 16 August 2019

The South African Housing and Infrastructure Fund (SAHIF) has announced that majority of beneficiaries of their projected +11 600 jobs to be created over the next 3 years will be women - especially those in Real Estate and Construction industries.

SAHIF hosted an intimate information sharing session in Kwa Zulu Natal on the 16th August 2019; a gathering that was attended by government officials, representatives from the Royal Family, entrepreneurs and other property experts in the province.

"We are committed to accelerating the delivery of serviced stands as is much needed by poor and middle class South Africans. We will do this across all provinces and that includes Kwa Zulu Natal," says Rali Mampeule, Founder and CEO of the South African Housing and Infrastructure Fund (SAHIF)

He said "We decided to come to the KZN province in honour of women because, as a fund, we are unapologetically for transformation and empowerment of women. This will be proven even more as we continue to roll out our job creation strategies and partnerships with SMMEs across South Africa."

SAHIF was the official sponsor of the 'Empowering Women Summit' that took place on the 16th-17th August at Hampshire Hotel Ballito in KwaZulu Natal. The tagline for the Summit was 'Radical Socio-Economic Empowerment of Women through Infrastructure Delivery.'

SAHIF is an initiative created with the aim to fast track delivery of housing units (serviced stands or ultimately fully developed homes) through acquisition of vacant and unused land near cities, town centres, shops, parks, schools, public transport, public health care and places of work.

Mampeule and his team of Real Estate experts will utilize their extensive experience in the property sector to speed up the delivery of serviced stands to address the high demand of housing in South Africa.

"The objective is to assist government and private sector to address the shortfall of promised homes to South Africans that have not yet been built, which exceeds 1.7m homes," he said.

South African Housing and Infrastructure Fund (SAHIF) to host special launch event in honour of Women in Real Estate and Construction.

09 August 2019

Durban, 09 August 2019: This Women's Day, newly launched land fund - South African Housing and Infrastructure Fund (SAHIF) brings to the spotlight and honours diligent women in the Real Estate and Construction industries.

During its official launch on the 2nd of July 2019 in Johannesburg, SAHIF committed to create over 11 600 jobs in a period of 3 years - most of which will be Construction related work.

Staying true to their commitment, SAHIF has announced their full support for the upcoming 'Empowering Women Summit' that's scheduled to take place on the 16-17 August 2019 at Hampshire Hotel Ballito in KwaZulu Natal. The tagline for the Summit is 'Radical Socio-Economic Empowerment of Women through Infrastructure Delivery'; one of the more reasons why SAHIF has decided to put its weight behind the Summit.

"As a fund, we are unapologetically for transformation and empowerment of women," says Rali Mampeule, CEO of SAHIF. "Being the proud sponsor of the 'Empowering Women Summit' is just one of the things we have planned in our drive for transformation in Real Estate and empowerment of women through this fund."

To keep the women empowerment spirit going in KZN, SAHIF has also decided to host the very first regional launch of the fund in the province.

This invitation-only launch will take place on Thursday, 16 August - and is themed "Celebrating Women In Real Estate and Construction"

"We want to take the fund to the people because it is for them. This month is dedicated to women and we want to honour and celebrate them by opening doors for them to work with us. From the month onwards, we will also launch in other provinces to other stakeholders," says Mampeule.

SAHIF is committed to meeting the targets set in the Amended Property Sector Code. The company has budgeted as part of its three year forecast to allocate a 4% of Net Profit After Tax (NPAT) towards socio- economic, supplier and enterprise development; a good portion of the beneficiaries will be African females in general, Black women in particular.

The benefits will include (but not limited to):
- Financial contribution to the developers of RDP homes on land sold,
- Supporting young black property professionals in sponsorship of their studies within the real estate sector,
- Financial contribution to black owned SMEs within the property space requiring capital for their businesses,
- Partnering and developing Black suppliers in delivery of the fully serviced land.

SAHIF in the News

SAHIF on a mission to fast track delivery of serviced stands



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