13
Jun
Erasmus Shalihaxwe The Minister of Industrialization and Trade, Lucia Iipumbu, has this week introduced the Property Practitioners Bill in the National Assembly, which contains the Fidelity Fund Certificate that aims to protect consumers against theft of money entrusted to a property practitioner. In terms of the bill, once a Fidelity Fund Certificate is issued to a property practitioner, should that property practitioner then steal money held in trust, the consumer can claim the money back from the fidelity fund. “This part of the bill also deals with the consequences of a property practitioner not having a Fidelity Fund Certificate. The…