Government finally plays open cards with SA over state-owned property

Government finally plays open cards with SA over state-owned property

For the first time in over 50 years, the government has shown complete transparency by having the Department of Public Works share information about all the 89 623 state-owned properties, their locations and financial data.

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The South African government has shared in-depth information with South Africans that is the most open and detailed that has been seen in more than 50 years.

The Department of Public Works shared info about the 89 623 properties the state owns, including a list of every property's location, according to Maroela Media.

This comes after a written Parliamentary question asked by EFF member, Leigh-Ann Mathys. Public Works Minister, Thulas Nxesi, provided the information.

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The value of the state-owned properties are estimated at R126 billion, and the government earns about R34 million a year by renting out some of its buildings.

According to the information shared, the government also rents about 2 550 properties which cost around R34 billion a year.

READ ALSO: Government to spend over R700m on state buildings, ministers' houses gathered that for the past almost 60 years, the state's property portfolio has been in a state of utter chaos.

It took nearly 15 years to gather all the relevant info and create a database that is thorough and complete.

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Now the government will find it easier to ensure payments are made to and from the government for all the properties, and that they are maintained carefully.

Better use of possibly empty buildings can also be planned.

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