SA Roofing February 2018 // Issue 97 - Page 10

EVENTS Students from the University of the Witwatersrand were invited to the conference. and investments are required from citizens and lastly, we need a 3C government, that is committed, capable and credible,” he added. Being a democratic society has helped in the implementation of solutions as people voice their opinions. “Current economics are bad, but an open society is getting much stronger. We’re moving from traditionalism to modernity but it’s a very uncomfortable journey,” he added. Breakaway sessions were held after the political update with various experts chairing the discussions. Advocate Pieter Fourie, acting company secretary and acting chief operations officer at CBE and Joe Odhiambo CEO of Agrément SA, dug into the policy and regulatory framework found in the built environment. The day ended off with dinner and entertainment. Member of the Executive Committee (MEC) of the Gauteng department of infrastructure development (GDID), Jacob Mamabolo, gave the keynote address. The SACPCMP’s magazine, Shape Women leading in the industry led the gender transformation panel discussion. 8 FEBRUARY 2018 RESIDENTIAL // COMMERCIAL // INDUSTRIAL Shifter, was also launched. The first issue features Minister Nhleko on the front cover and includes all professionals need to know about the construction sector. Day 3: Ethics and best practice Linda Mampuru from the Department of Public Works spoke about some of the challenges that the sector faces. Currently, the supply outweighs the demand as there is an increase in the number of architectural students in university but a decline in registered professionals. He explained that compliance to Section 217 of constitution is five-hold, however, South Africa is only complying to two out of the five, which are cost-effectiveness, transparency, competitiveness, fairness and equitability. Economist, Doctor Roelof Botha, gave an economist’s perspective detailing performance of the sector. “There is still a lot of life in the industry compared to 2010. Since 2010, the construction sector has outperformed,” he Minister Nkosinathi Nhleko discussing overall transformation requirements. said. According to his analysis, we have one of the most stable financial systems worldwide that has created two million jobs overtime. The time for a consumer led economic boom is now. “We need to take advantage of this,” he said. He says policy uncertainty and high interest rates are aspects that drag down the country and the sector. “The real prime rate remains too high to encourage growth, and it continues to increase. We can create win-win situations if we l