TTPod 2.11: "Smoke and Mirrors" - In pursuit of transformation within the property sector - a conversation with Nigel Adriaanse, CEO of EDPF

Talking Transformation

The TTPod has visited the issue of land - or rather access to land in South Africa - on several occasions.

It’s well understood the one of apartheid’s primary weapons was the denial of access and ownership to property in urban centres around South Africa. For non-white groups. The inter-generational impact of that perverse legal arrangement compounds year on year and the issue of land remains one of the most pivotal of the many South African socio-economic challenges.

Access to finance via the major banks remains a challenge for most households and the gap between those who have the benefit of inter-generational, inherited property and wealth and those who have “nothing” compounds the challenge further.

Nigel Adriaanse has been thinking about and addressing challenges to access and capacity building in the property field for over a decade. Having worked in several industries as a business development and BBBEE consultant he embarked on a successful career in property the Western Cape and Gauteng. Nigel's take on the problems and practical solutions to solving the challenges are refreshing and he puts the ball squarely in the court of the individual and a change in mindset and approach of the property sector.

I wanted to understand from him, what he believes are the common challenges and how he suggests we relook at these problems through capacity building initiatives and the objectives of his Enterprise Development Property Fund (EDPF).

Nigel has a very clear vision and refreshing take on many of these issues and I’m looking forward to testing his thinking and understanding his views in this episode.

Recorded 7th October 2022