NHBRC sits on R11bn but paid just R14m in warranty claims last year

NHBRC sits on R11bn but paid just R14m in warranty claims last year

NHBRC sits on R11bn but paid just R14m in warranty claims last year

Home-building regulator says its real value lies in preventing defects through inspections and enforcement – but the 2024 George building collapse and findings by the Auditor-General raise questions about whether that system is working.

The National Home Builders Registration Council (NHBRC) sits on cash and investments of more than R11 billion yet paid out less than R14 million in warranty claims in the 2025 financial year.

In the same year, it collected gross enrolment fees of R632.3 million from home builders and incurred employee costs of R612.5 million.

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About Ciaran Ryan 1519 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.