South African Government Nears Manager Appointment for R148 Billion Property Portfolio
South Africa is close to hiring a manager for its R148 billion property portfolio as it advances plans to establish a state-owned company to house its assets.
The South African government is reportedly close to selecting a manager for its substantial R148 billion property portfolio. This move is part of a broader plan to establish a state-owned company dedicated to managing these national assets.
The management of this significant state property portfolio is a key step in the government's asset management strategy, potentially impacting public finances and development.
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