When the City of Cape Town announced this week that it had sold five hectares of the Atlantic Seaboard to private developers for R1-billion‚ there were cries of alarm. Some were horrified that the city could sell public coastline to private tycoons. Others noted that the city is allocating only R100-million of its vast windfall to affordable housing and wanted to know where the other R900-millon will go. A few remained highly suspicious of the deal‚ pointing out once again that the developers are personal friends of mayor Patricia de Lille.

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