BHP exits $2.5 billion Tanzania nickel project, partner Lifezone says
South Africa’s general election is just five days away and we’ve been evaluating some of the pledges made by the governing ANC.
During the election campaign in 2014, the ANC promised to deliver one million homes in the next five years.
So what happened and how good is its record?
The South African government says 3.2 million homes were built from 1994 to 2018.
There was a dramatic growth in construction in the early years of ANC rule (1994-1999).
But after reaching a peak in 1999, the rate of house-building has slowed, particularly over the past few years.
Just under 580,000 homes were delivered during the first four years of the ANC’s current term, 2015-18.
And although data for the fifth year is not yet available, this rate of delivery falls considerably short of the promise made by the ANC at the last election.
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.