Delta Property Fund, which has a mostly government tenant base, is selling four properties for just under two-thirds of their market value from a few months ago as it looks to cut its debt load.
The properties, three of which are in Bloemfontein and one in Kimberley, will be sold for R98.8m next month despite their market value of R150.9m in February 2022...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Delta to sell four properties at below market valueFormer executives have denied any wrongdoing and have said they were making way for new leadership to drive a turnaround Why?
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Spy boss Fraser decried 'my lack of support' for Mkhwebane: former security headA former head of security at the office of the public protector has revealed he received a call from former spy boss Arthur Fraser telling him he was not providing enough support for Busisiwe Mkhwebane. What Fraser said about Phalaphala is not of public interest to since you saying little or nothing about huh? it doesn't come as a surprise They need to get evidence because these things are telling lies too much
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Mkhwebane’s former security head says Arthur Fraser accused him of lack of supportBaldwin Neshunzhi says former spy boss’s call surprised him as public protector did not complain to him about his work When a country’s public protector is an ex intelligence officer and retains strong direct links with the intelligence services during her term , the public - who she is supposed to protect against executive overreach - is betrayed. This PP was captured - finish and klaar. 😂 😂 😂 😂 Frasser Frasser be ready..... He was denied an opportunity to testify by state of capture inquiry. If parliament calls Frasser to testify Cyril,Zondo and Pravin might be exposed
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WATCH | ‘I used to fight a lot with Pitso’: former Bafana star Teko ModiseFormer Bafana Bafana star Teko Modise has described how disciplinarian coach Pitso Mosimane helped him become a better player and person.
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