R4 trillion asset manager wants to take Johannesburg from zero to hero

[Bloomberg]

R4 trillion asset manager wants to take Johannesburg from zero to hero

A R4 trillion global asset-management firm with South African origins will provide financial backing for infrastructure projects to reverse the decay of Johannesburg, the continent’s financial capital.

 

[Scooby_Doo]

“The major city in the country needs to be turned around,” Ninety One CEO Hendrik du Toit said in an interview on Bloomberg Television.

 

[Stokstert]

The continent’s financial capital the OP calls this decay of a city which doesn't even have the finances to fix the potholes, not to mention the water, sewerage and electricity problems.

 

[FiestaST]

VS

 

[Jam Sandwich]

Just turn it into a megaciry....

 

[Hemi300c]

They need a tax loss............

 

[ToxicBunny]

Just turn it into a megaciry....

Best solution.

Make midvaal, tswhane, jhb and ekurhuleni and all the other into one muni and everything will be fixed, just watch.

Just make gauteng a municipality really.

 

[Bad Ballie]

Sounds like there are ropes, not just strings attached to this deal.