Government has spent R698.97 million on deserted Telkom Towers

security, municipal services, property rates, essential maintenance, and regulatory compliance
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About the only items there that makes sense to me for a vacated property with some valuable assets is essential maintenance and security.

The others seem like a few sensible arrangements could be made with the municipality/regulator for relief. Essentially between government and government..
 
Public works minister Dean Macpherson said he inherited the Telkom Towers problem when he took on the role, adding that it has becoming increasingly costly.
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Time to sell it or demolish it, surely? There is no point in holding onto property when it is a drain on finances like this.

Had the loss been cut earlier, I can only want to believe that it could have gone to uplifting communities in SA (yes, I know that our beloved guv love replenishing the toughs for pigs). I can hope, right?
 
So we need to take Telkoms declared profits with a pinch of salt as well it appears.
 
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