Redundant properties abroad to be disposed of once bill promulgated
The properties include 13 properties in Namibia, two in Bonn, Germany, one in Zurich, Switzerland, one in Madeira, Portugal, and a parking bay in Paris, France
The government says it will accelerate efforts to dispose all of its redundant properties located abroad which are a financial burden to the state. The Foreign Service Bill, once signed into law, will enable the department of international relations to swiftly sell off the properties. The bill was passed by the National Assembly in December 2018 and is awaiting President Cyril Ramaphosa’s signature before it is promulgated. It makes provision for the minister of international relations and co-operation to dispose of properties under the department’s custodianship, in consultation with the minister of public works and the minister of finance. Public works minister Thulas Nxesi has said that in the early 2000s, government identified a number of properties in various countries as redundant and a financial burden to the state. At the time 18 properties were identified for disposal in various countries. The properties included 13 in Namibia, two in Bonn, Germany, one in Zurich, Switz...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.