12 housing projects equivalent to R1 billion are currently at risk
By Kouthar Sambo The City of Cape Town reports that 12 housing projects equivalent to R1 billion, are currently at risk of extortion and unlawful occupancy. To safeguard the projects, the metro came up with a six-point strategy. Due to similar issues, the R140 million Beacon Valley project was abandoned in 2022. Under the City of Cape Town, several projects were in progress as housing demand grew, but extortionists and […]
