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Industry News

Executive Managing AgentIndustry NewsPress ReleaseZDFin News

Streamlining the Role of the Sectional Title Portfolio Manager – The Benefits of Appointing an Executive Managing Agent (EMA) in a Community Scheme

Managing a community scheme is no easy task requiring extensive knowledge of legislation governing community schemes, financial understanding, mediation and organisational skills, and the ability to handle various responsibilities and personalities simultaneously. In this article, we will explore a few examples of how the appointment of an Executive Managing Agent...
Industry NewsZDFin News

ARTICLE: Another Managing Agent Delinquency

By now, most in the industry would have heard that yet another managing agent has been recently forcibly closed due to alleged fraudulent activities and mismanagement, leaving their clients, they being schemes, high and dry. Tragically, it also seems that those against whom this alleged fraud was perpetrated were incorrectly...
ZDFin News

ZDFIN CELEBRATES THE TERRIFIC TWO’S

South African business has been through a torrid time over the past two years and almost every one now has a covid story or two woven into their company narrative. “We’re incredibly thankful to have come through this period, stronger than when we started,” says Michael Schaefer, CEO of ZDFin....
Industry NewsPress ReleaseProject Finance

UTILITIES MANAGEMENT MAKES GOOD BUSINESS SENSE

Media Release January 2022 UTILITIES MANAGEMENT MAKES GOOD BUSINESS SENSE Deteriorating and unstable supply of electricity from ESKOM and the unreliable delivery of services by collapsing municipalities country-wide, has exacerbated the move by consumers towards alternative, more sustainable, smart energy solutions.  Increasingly the implementation and management of suitable utility tools...
Industry NewsProject FinanceZDFin News

THE RAINS ARE COMING…BUT ARE YOU PREPARED?

Media Release 15 August 2021 THE RAINS ARE COMING...BUT ARE YOU PREPARED? According to the Collins dictionary the saying 'it's better to be safe than sorry', advises someone ‘to take action in order to avoid possible unpleasant consequences later, even if it seems unnecessary’.  “As old-fashioned and over-used as this saying is, it still holds true today,” says ZDFin CEO...
ZDFin News

IS AN EXECUTIVE MANAGING AGENT THE RIGHT CHOICE FOR YOUR SCHEME?

Media Realease July 2021 Is an Executive Managing Agent the right choice for your scheme?  Do we or don’t we ...is a question many sectional title schemes ask themselves when it comes to appointing an Executive Managing Agent (EMA). Michael Schaefer CEO of ZDFin, believes the question you should rather...
ZDFin News

SEASONAL MAINTENANCE ISSUES NOW PRIORITY NUMBER ONE FOR HOME-OWNERS

As the hazy days of Summer begin to disappear, homeowners around the country, particularly those in community schemes, such as bodies corporate and home owners’ associations and the like, are being reminded of the all-important matter of ‘seasonal maintenance’.  Not a popular subject of discussion, but vitally important in order...
Industry NewsProject FinanceZDFin News

Do Community Scheme Financiers Get the Credit they Deserve?

The January-March 2021 issue of The Community Schemes Ombud Service’s (CSOS) digital industry publication SharedLiving, carried an article titled ‘Levy Financing Companies – Saviour or Scourge?’ While the author of the article is unknown, but identifies themselves as writing from a ‘consumers perspective’, there are glaring inaccuracies, false assertions and...
Industry NewsLevy Finance and Specialist CollectionsZDFin News

ARTICLE: Levy Financing – How to stop the financial bleeding

The economic crunch in South Africa means many schemes, bodies corporate, share-block companies and homeowners’ associations, are under intense financial pressure. Belt-tightening, especially after Covid-19, prompted specialist finance company ZDFIN to refine its levy product to help struggling schemes manage arrears. The team at ZDFin has an in-depth practical and...