Herman Mashaba 'has conflict of interest in property evaluations'

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Property Property Headlines News

The party said it had sent a letter to the city of Johannesburg's integrity commissioner, Daniel Rampai, on Wednesday requesting an investigation.

Herron claimed that the undervaluing of properties, in particular commercial properties, and the consequent loss of rates income, was brought to Mashaba's attention in November 2016.

In addition, Herron claimed, the property portfolio of the company was valued by the city at half of its actual value, saving it rates of about R200m a year. Mashaba, through his spokesperson Luyanda Mfeka, said on Thursday that it was not fully possible for him to respond to the allegations without the correspondence that was addressed to the integrity commissioner.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mashaba announces R20bn investment for Joburg inner cityHerman Mashaba announced a R 20-billion property investment for the Johannesburg inner city. This is how you run a city - ANC/ EFF thugs But the won't benefit on that investment even a cent🚮 i have lost faith in our government system N who's going to benefit from it 🤔
Source: eNCA - 🏆 49. / 51 Read more »

Herman Mashaba 'has conflict of interest in property evaluations'The Good party has asked for Johannesburg mayor Herman Mashaba to be investigated in connection with a potential conflict of interest arising from property valuations in the city. Good DA is for whites and rich people doesn't care for the poor..
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Herman Mashaba has ‘conflict of interest in property evaluations’The Good party has sent a letter to the City of Joburg’s integrity commissioner requesting an investigation into the undervaluing of properties Nonsense,all mayors have interests in properties, and Herman Mashaba does not control the evaluations. Where were you when previous mayors had the same issue? But then you assumed its normal.
Source: BDliveSA - 🏆 12. / 63 Read more »

Herman Mashaba 'has conflict of interest in property evaluations'The Good party has asked for Johannesburg mayor Herman Mashaba to be investigated in connection with a potential conflict of interest arising from property valuations in the city. Nothing is worse than the property evaluations in Cape Town. Property market practically stagnant. But my house value went up by R400 000. How the helll can Pensioners survive! hermanmashaba great response by a clean mayor on mynews24. I hope he takes these chancers (GOOD riddance) on and drives them together with Auntie Pat into the redundant history section of SA. Shame on you TimesLive for publishing such drivel.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Private sector to invest R20bn in Joburg CBDMayor Herman Mashaba to release details of funds secured for inner city housing developments next week Let’s see the money. Intentions mean nothing.
Source: BDliveSA - 🏆 12. / 63 Read more »

Private sector to invest R20bn in Joburg CBDMayor Herman Mashaba to release details of funds secured for inner city housing developments next week Have they been there?!
Source: BDliveSA - 🏆 12. / 63 Read more »