Page 8 - issue 23

8 In The News

Managing Director ,Mr Tuelo
REIB Executive Team represented PPC as sponsors
of the event
REIB Turns 25 Years

EIB institution started 25 years changes and are
ago. REIB Is an institution setup to reclaiming the
Rregulate the Real Estate industry. industry thus the
They have 800 members. It is hard for theme for their 25
statistics to be factual on non-members year Anniversary.
as real estate agents span from villages The current Act has
to the towns and even across borders. loop holes and so
REIB is identifying
The real estate industry Contributes to close the gap.The
a certain percentage to the GDP of President stressed
economy. If the public buy and sell that indeed they are
property through members of REIB , learning from history.
it helps the public to be served well.
The Association has been educating The current
Batswana on the importance of the President Mr Maje
Institute and the member challenges of Maje has a two-year
the fly-by-night practitioners. mandate and he is
treading in his final
During a media briefing held at Airport year. The institution
Junction Rhapsody Restaurent the has reached a 25-
President of the Institute said, “Money year milestone and
laundering is being covered up within is celebrating with
he industry as dirty money is moved a conference and
and cleaned through the purchase of Gala dinner to be
property.”This indeed was a concern in held on the 29th and Mr Maje Maje
the industry.They have also launched a 30th of November President of REIB
magazine on the institutions activities respectively.
to educate Batswana. recognizes women and the youth as
He went on to explain that they are Minnacle Academy is partner and a critical group. The conference is
proactively involved in the legislative organiser to the conference. REIB sponsored by PPC Cement.

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