Residential-focused Indluplace Properties says local councils remain a risk to its operations along with above-inflation increases, lack of service delivery especially in the inner city of Johannesburg, and lack of improvement in resolving billing problems.

CEO Carel de Wit told Business Day that higher-than-inflation increases for services is the biggest threat to the business’ long-term survival...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.