(1) (a) The current value of the National Housing Builders Registration Council (NHBRC) warranty fund as at 31 October 2019 was R6.9 billion.
(b) The current insurance liability of the NHBRC as at 31 October 2019 was R1.5 billion.
(2) The total income of the NHBRC is as follows:
- 2015/16: R801,115,468
- 2016/17: R879,420,519
- 2017/18: R776,683,510
(3) I am aware of and sympathetic to the economic hardships that are confronting the country and companies operating in the construction sector. For this reason my department is interacting with the NHBRC and the National Treasury on the best sustainable measures to stimulate and support the construction industry. This includes a possible review of the enrolment fees, the outcome of which will be published once completed.