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ZDFin News

Executive Managing AgentZDFin News

EXECUTIVE MANAGING AGENTS – What Are they and What is their Value to a 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). Brought about with the changes in legislation that came with the ‘new’ Sectional Title Schemes Management Act (no8 of 2016), an EMA is ‘an external individual...
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....
Executive Managing AgentZDFin News

WHY APPOINT AN EXECUTIVE MANAGING AGENT (EMA)?

Being a Trustee in a scheme is a time-consuming, often thankless job and requires hours of meetings and engagements, mostly without remuneration. Owners need to realise that administering a scheme from a trustee point of view, is much like running a business and deserves a similar level of care and...
ZDFin News

IS THE CSOS FULFILLING ITS MANDATE?

The 7 October 2016 signified a new dawn for Community Living in South Africa, with the creation of the Community Schemes Ombud, enabled by the Community Schemes Ombud Service Act 9 of 2011.  As a result, it was destined to have profound consequences for the greater industry. Major role players...
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 ESCOM 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

WOMEN IN THE PROPERTY BUSINESS…COMING OUT TOPS!

Media Release August 2021 WOMEN IN THE PROPERTY BUSINESS...COMING OUT TOPS! The past year has been a year like no other.  The impact of the covid pandemic on the workplace and women in particular, is staggering.  A recent survey by Deloitte Global, of 400 women across nine countries, showed a...
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...
Press ReleaseZDFin News

ONE YEAR OLD … GOING ON 50

Michael Schaefer and the ZDFin team have been hard at work since starting ZDFin at the height of the Covid lockdown in June 2020.  In the year since it launched, ZDFin has expanded now boasting a national footprint and simultaneously built up a growing loan book ,“and we haven’t even...
ZDFin News

FIRST EMA APPOINTMENT FOR ZDFIN

‘We’re delighted to announce that ZDFin has been appointed as executive managing agent (EMA) for a 53-unit scheme in Hyde Park, Johannesburg,” says ZDFin CEO Michael Schaefer. “Further to our business strategy, we see a glaring opportunity in the market that is crying out for skilled, dedicated and experienced management...
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...
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