Housing agency underperformed, says Mmamoloko Kubayi

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Housing agency underperformed, says Mmamoloko Kubayi
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The HDA has been weakened by leadership instability that has had a negative effect on corporate governance and overall performance, she says

Newly appointed human settlements minister Mmamoloko Kubayi says the Housing Development Agency , tasked with acquiring, developing and releasing land and buildings for human settlement, is racked by instability and has seriously underperformed.

In her introduction to the 2020/2021 annual report of the agency, which also provides project delivery services to municipalities and provincial governments, the minister said the process of appointing a new board was under way. The HDA had revenue of R360m in 2020...

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