Body to pro­mote young in the prop­erty sec­tor

Weekend Argus (Saturday Edition) - - PROPERTY -

IN­CREAS­ING the par­tic­i­pa­tion of youth, es­pe­cially black youth, in the prop­erty in­dus­try at the lev­els of own­er­ship, man­age­ment and skills de­vel­op­ment, is the aim of the Youth In Prop­erty As­so­ci­a­tion (Yipa) which was launched last month at UCT.

It was launched by Monedi Le­fakane, 22, and co- founders Toza Ma­co­zoma, Im­ran Mo­hamed, Cur­tis Rooibaatjie, Khen­sani de Klerk and Priscilla Nthai, who are all UCT built en­vi­ron­ment stu­dents.

Yipa is fo­cus­ing on peo­ple aged 18 to 35. The strate­gic idea is to trans­form the in­dus­try and pro­vide ac­cess to op­por­tu­ni­ties of en­trepreneur­ship, ed­u­ca­tion, en­ter­prise de­vel­op­ment, em­ploy­ment and net­work­ing to all South African youth in prop­erty.

Le­fakane, Yipa’s chair­man, says: “Yipa cannot and will not work with­out the minds and ideas of all youth in prop­erty – blacks, whites, coloureds and In­di­ans.”

Yipa cannot youth in prop­erty

He also called on other stake­hold­ers to take part in Yipa’s ini­tia­tives, say­ing the gov­ern­ment and pri­vate sec­tor are needed to am­plify the youth voice in op­por­tu­ni­ties in this sec­tor.

“In time, we want to cre­ate a prop­erty de­vel­op­ment and in­vest­ment com­pany for the youth, by the youth, and to do this we need the in­tel­lec­tual and fi­nan­cial sup­port of the older gen­er­a­tion,” he added.

With a na­tional short­age in stu­dent ac­com­mo­da­tion of al­most 200 000 beds, Yipa wants to cre­ate a youth-owned prop­erty com­pany to ad­dress the prob­lem.

See www.yipa.co.za.

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