The municipality has said it could only accommodate 5000 bodies before it ran out of space at the end of the year and said alternatives like deep sea burials would have to be considered.
Mbili, the managing director of Amabhubesi Property Holdings, said in April last year he received an email from Slindile Ndlovu from the Cemeteries and Crematoria Unit informing him of the city’s plans to purchase. Mbili said his company had entered into negotiations with the municipality on the basis they had identified an international investor who was prepared to enter into a joint venture with Amabubesi and together they would develop cemeteries in Kwazulu Natal.
Mbili brought in a third valuer at his expense and the property was valued at R12.5m. The Cato Ridge property was valued at R91.7m by the city appointed valuer, while a second opinion valued the land at R23m. The third opinion sought by Mbili said it was worth R84m.
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