and his government to ensure that black-owned companies are involved in the construction of multibillion-rand infrastructure plans such as the Mooikloof Mega City housing launch on Sunday.
’’The government only invested R30 billion in the project and the rest of the funds will come from Balwin Properties,” Makhaola said. The allocation of the tender to Balwin Properties made President Cyril Ramaphosa to continue trending on Twitter, with people expressing mixed views on the government partnership with Balwin.
Lungah supported Msomi, saying ’’rewarding his buddies’ R33 billion project but media houses aren’t screaming conflict of interest. Media houses in SA are the pits”.
Our fellow black crooks just want to buy Ferraris and Bentleys without doing a single job. They must stay away from that project
Always wanting to piggy back🤦♂️
Yes of course. Let’s just give black companies money because they are black. That is real empowerment, don’t work for it, just get it because you are black.
More than likely as in MOST large construction projects Balwin will manage the contract, appoint hundreds if not thousands of sub contractors who in turn will employ thousands of artisans and laborers. Balwin will be lucky to net 10%.
This is an insult, why Mooikloof? This goes to show that the president is the white business puppet.
What process was followed to reach to this decision to appoint Balwin Property? Was there a tender advertised? How many bidders were evaluated & what was the criteria used to disqualify other bidders. So many questions need to be answered before this project can commence?
I think the appointment of Balwin Properties alone on such a huge government project is another 2010 price fixing scandal? The President & those in government involved on this project must do a self-introspect.
Oh ho!
Or just allow businesses to interact freely with each other, without Government favours & preferences. I know, freedom is scary, but just maybe South Africa should try it out.
Baldwin delivers. That's all I am saying.
Nhlamulo_Mlabya So meone must tell me what is that the SAIBPP and it's members has done to develop property to advance socio-economic development in this country other than being complaining spectators?
This is dumb why fight to just make money and be empowered by subcontracting under white companies why don't you fight for getting your own R33 Billion for black development?
brief msg to others especially blacks who suppose to defend black transformation, don’t judge all black companies based on few who make it to media for all bad reasons, many white businesses have failed to complete mega projects, you want evidence, visit the construction sector
Blacks would have took the Tender money to buy themselves expensive cars just like they are good at.
Instead of whining why not propose a similar project lets see whether the government will prioritize it and make it a SIP like this one.
Imagine...those private companies hate black companies with passion...the only recognise blacks when they have to use for cheap labour...
Many complaining about Balwin Properties not being BEE compliant. They have a track record. They will give employment. They will subhire black companies. They will get the job done.
Its disappointing for black ppl to demand to be given crumps from White companies. Cant we deliver projects in that magnitude? We have been sub contracting since 94
Maybe the black property practitioner should start their own projects instead of trying to hijack someone else’s
This is not hhe only development happening- why always bring race into it?
Expertise and not skin colour should determine who can deliver. Black or White companies are stupid wordings
Why does the SAIoBPP not just do their own thing? Why piggyback on another development? Growing the economy happens when you expand economic activity, rather than trying to make inroads on other's business endeavours.
Why..? So money could get stolen, Bentleys could get bought and Gucci loafers could get collected? At least you know the houses will now be completed and won't fall down in the first winter rain. Come now, be realistic.
But black companies are the pits
Why can't they build their own instead of being leeches? Government cannot spoon feed them on everything. Nothing stops them from raising capital and implementing a project on the same scale as BalwinProp
They will build 2 units and steal the rest...
The V E R Y last thing on Cyril's mind is black people. Forget it. He would rather die than serve the constituency that made him.
Why are they complaining? The business forums will come in and they’ll get their cut 🤷♂️
Apartheid all over again. Just worse.
Who are these entitled clowns? Always reactive! What have they ever initiated? What have they achieved in the construction industry? Have they ever said anything about the tens and hundreds of incomplete and abondoned government’s build projects all over SA?
Black companies that fail to finish rdp houses, while paid in advance? Let the guy do his project and finished it, people needs houses out there
We haven't recovered from the PPE tenders that were handed out to mostly black companies, its a mess...
Blacks have proven themselves that they are not capable of finishing construction e.g roads, hospitals etc kodwa ke capable whites must be given work especially those are not political connected
🙈🙊🐵🙉🐒 FokofANC myanc VoetsekANC VoetsekCele VoetsekMkize RemoveANCfromPower VoetsekCyril VoetsekKopdoek VoetsekFuckyMbalula VoetsekACE VoetsekTito VoetsekANCvot
Lol black people aren't his favourites.
Blacks still begging for inclusion 26yrs later from a government that claims to have liberated them. Nyisa Khongolose. They are too dumb to understand that voting for you is voting for perpetual slavery. Nyisa, ANC. VoetsekANC
Cyril is Satanic shem, always acting clever
Blacks still begging for inclusion 26yrs later from a government that claims to have liberated them. Nyisa Khongolose. They are too dumb to understand that voting for you is boring for perpetual slavery. Nyisa, ANC. VoetsekANC
The corruption begins
This exclusive project must be scrapt and stopped with an immediate effect. You can't undermine and underate the effectiveness of BBBE
They can fustek 26yrs of giving them tenders ,where are we as a nation?
Non Compliant BBBEE contributor. The lowest level of BBBEE rating. It means the firm is lily white. A friend of Mthengisi
So kahle kahle they begging for a seat on the table🙄gosh blacks of SA we have no shame🙄
Can you really teach someone not to come with a brand new RS3 to the construction site to tell workers that you have no money to pay them but you can give them R200 each for the weekend 🤔
Look at the number of chances given to ‘black empowerment’ companies by government to build everything from houses, schools, farms etc. and compare it to what was actually delivered. When they can show a track record of doing the work effectively without stealing 90% of the money
We want everything ... for free
If those blacks are connected to ANC individuals it is better to not give them those opportunities to steal!
Black Property Practitioners ? Sounds absolutely racist ! Why did these racists not come up with the development themselves ? After not lifting a finger they suddenly want in ? Get lost !
50 000 units is nothing. They need to do their own things and build the 200 000 gap housing units we will need over the next few years.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: City_Press - 🏆 7. / 72 Read more »
Source: eNCA - 🏆 49. / 51 Read more »