Tag: John Jack

South Africa’s government is the country’s largest property owner. However, it has not historically managed its vast real estate portfolio with institutional discipline. Thousands of buildings and large land tracts remain poorly maintained or underutilised. This situation could change through the establishment of the South African National Property Company (SANPC).

Badly-run municipalities do more than just annoy residents and lead to rubbish pile-ups – they can also be a slippery slope to wide-scale economic decline. For urban centres in particular, the signs of a badly run municipality soon become impossible to ignore, symptomatic of a loss of confidence in the economic viability of the area and fears that crime rates will rise as opportunists capitalise on vacant buildings.