Opposition parties have expressed concern about the appointment of Thubelisha Homes as project manager for the N2 Gateway, although they have welcomed Housing Minister Lindiwe Sisulu's acknowledgement that the development is in trouble.Hansie Louw, Western Cape leader of the African Christian Democratic Party (ACDP), has questioned the financial viability of the company.
Thubelisha's annual report had reported a R14-million loss up to March 31 last year, he said.
According to its website, however, the company has since been given a R50-million grant by the government.Louw also said the replacement of the management of the project did not address the problem of late payment...
Although a deadline of June last year was set for occupation of the first units completed, the City of Cape Town has yet to announce when people may move in.Questions put to the city yesterday were referred to national spokesman for the N2 Gateway, Saths Moodley, who said he would comment on Tuesday... Cape Times
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