Ramaphosa's Mooikloof R84 billion mega-city project takes heat

Ramaphosa's Mooikloof R84 billion mega-city project takes heat

- The Mooikloof Mega City Development in Tshwane has attracted some criticism just hours after its unveiling

- The company tasked with building the development is predominately white-owned and this has raised more than a few eyebrows

- Many citizens have questioned why a black-owned company hadn't been considered for the job

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The Mooikloof Mega City Development in Tshwane has been subjected to controversy just a few hours after its unveiling.

President Cyril Ramaphosa himself had been briefed on the project by Balwin CEO Stephen Brookes.

The project would soon trend as people questioned why a mostly white-owned company was spearheading the project aimed at bolstering the economy and providing affordable housing in an enviable area.

Ramaphosa's Mooikloof R84 billion mega-city project takes heat

Ramaphosa had been briefed on the project over the past weekend. Image: ZAGovernment/ Flickr
Source: UGC

BusinessLIVE reports that the project isn't actually solely state-funded but is instead a public-private partnership, expected to be worth about R84 billion.

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Nevertheless, the project has been subjected to immense criticism with Economic Freedom Fighter member Mbuyiseni Ndlozi commenting that:

"How is it that Ramaphosa, rich and politically powerful head of state, can be subdued by whiteness? Neither having money or political power makes a single black person earn respect? Unless conditions of all blacks improve, no single black's success breaks the neck of whiteness!"

Suspicions were raised that Brookes had donated to Ramaphosa's CR17 presidential campaign, thus leading to this immensely lucrative deal.

Earlier, Briefly.co.za had reported that Ramaphosa had revealed South Africa's new plan to develop a mega-city in order to help pull the country out of the current economic slump.

The Mooikloof project will involve heavy investment in infrastructure development. The new city will be located in Gauteng and aims to provide affordable housing and create jobs with the aim of helping the most vulnerable.

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This won't come cheap as the project is estimated to cost tens of billions of rands. The new city will be located to the east of the City of Tshwane and will cover an estimated 200 hectares.

The ambitious project plans create the following:

  • 50 000 apartments
  • 15 000 family units
  • The apartments will sell for anything between R495 000 and R799 000 (excl VAT)
  • Create 41 000 jobs

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Source: Briefly.co.za

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