Management of South Africa’s biggest land claim – the R1.1 billion Mala Mala Nature Reserve – have been ordered by the Pretoria High Court to be transparent and release financial statements to beneficiaries.
The director-general complete the verification of all claimants and distribute financial statements to the beneficiaries; Mala Mala is an exclusive and luxurious reserve situated in the Sabi Sands Game Reserve adjacent to the Kruger National Park. The reserves generate about R8.4 million a year in rental income for the CPA and about R2 million in the form of a tourism levy.
Khumalo also ordered the director-general to release results of the verification process of the beneficiaries within 30 days, and soon thereafter prepare for the annual general meeting and election of new CPA executive members. “[The] sixth respondent [Gilfillan Du Plessis] is hereby ordered to furnish records of the CPA’s monies that were held in their trust account to the director-general within 30 days from the order of the court,” the judge said.
Goodbye Mala Mala and goodbye foreign investment.
My problem is that the previous owners of mala mak never paid property rates to the municipality of Bushbuckrigde but they were paid a billion
Mala Mala game reserve at R1,1 billion was overvalued. Government should have used this as a test case for expropriation without compensation. The money could have been better used to provide services to the impoverished rural communities of Bushbuckridge.
Nnorhings going on on mala mala.....ruined.
MbuyiseniNdlozi But why is a nature reserve claimed and transferred to private entity at the cost of the state? The land should be nationalized period.
I Azania izwe lethu. Aluta Continua ✊
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