Factors fuelling fight over Cape Town`s controversial R1bn prime land tender
(WorldNews Africa)

A lease payment method, forming part of a controversial R1-billion tender for the upgrade of stretches of prime City of Cape Town land between Clifton and Camps Bay, means the City’s political leadership will gain one mass of income from this rental, but then nothing for nearly half a century, a group of residents has argued in what is becoming a court battle. In October, after News24 had asked whether the tender had been awarded, the City announced via a media release that it had - it is understood an offer of R1 014 244 500 was accepted. This had upset some residents, who believed the move would result in the area only being affordable to the wealthy and less affordable to those with...