South Africa’s R68 billion mafia nightmare

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South Africa’s R68 billion mafia nightmare
South Africa Latest News,South Africa Headlines
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Mafia-style intimidation tactics are common place on construction sites across South Africa – threatening development and foreign investment.

Mafias are hijacking construction sites across South Africa, costing the economy billions.

Zikalala said that according to pre-pandemic data, backlogs and hindrances on construction sites as a result of mafiasIssues surrounding construction mafias have been highlighted on multiple occasions by the minister.

The Preferential Procurement Regulations state that any project valued over R50 million should allocate 30% of its funds to “local input.” The spokesperson said this requirement has been misunderstood by construction companies, who believe it obliges hiring individuals from the project’s immediate community., said there is a lack of political will to deal with the issue, which has now spiralled out of control.

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