New state-owned property company one step closer

Hanno Labuschagne

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New state-owned property company one step closer

South Africa is close to hiring a manager for its R148-billion property portfolio as it advances plans to establish a state-owned company to house its assets.

“We are finalising the appointment of a project manager or a programme director,” public works and infrastructure minister Dean Macpherson said at a Foreign Correspondents’ Association of Southern Africa event in Johannesburg on Friday.

[Bloomberg]
 
Aand all gone

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