R87m Sebokeng DLTC still incomplete ten years after starting construction
Construction of the Sebokeng DLTC began in 2015, with its completion initially planned for the following year.
A decade later, its construction is still not finished despite R87 million already spent, including costs for a private security company.
What was once envisioned by the Gauteng government to be buzzing with learner drivers in 2025 now stands abandoned with no sign of life.
Ceilings have collapsed on every floor, while the grass outside grows taller by the day.
The construction of the Sebokeng DLTC was originally budgeted at R63 million, but the cost soared to over R80 million.
The Democratic Alliance (DA)'s Kingsol Chabalala said it comes as no surprise that millions have been wasted.
"The ANC [African National Congress] cannot govern. They cannot manage projects very well. They cannot complete projects on time and within budget."
The reconstruction of the DLTC is expected to resume on Friday, marking ten years since it first began.
ALSO READ: Gauteng govt to inject additional R138m to complete construction of Sebokeng DLTC
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
TimesLIVE
3 days ago
- TimesLIVE
Nissan aims to delay supplier payments to preserve cash flow, internal emails show
Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters, as the troubled Japanese carmaker scrambles to boost cash. New CEO Ivan Espinosa, who took over in April, has unveiled plans to shed about 15% of Nissan's global workforce and close seven plants as he targets ¥500bn (R60,528,840,000) in cost cuts over the next two years. Battered by slumping sales and weighed down by an ageing vehicle line-up, the car maker reported a $4.5bn (R80,111,672,100) net annual loss in the financial year that ended in March and has declined to give a forecast this year. Now, Nissan has asked some suppliers in Britain and the EU to accept delays in payment, according to the correspondence reviewed by Reuters and a person with knowledge of the matter. The move would allow it to have more cash on hand at the close of the April-June first quarter and follows similar requests before the end of the last financial year in March, the emails showed. It is not uncommon for companies to request payment extensions from suppliers to help free up cash. In a statement to Reuters, Nissan said it had incentivised some of its suppliers to collaborate under more flexible payment terms, at no cost to them, to support its free cash flow. 'They could choose to be paid immediately or opt for a later payment with interest,' Nissan said. The correspondence, which has not been previously reported, gives a detailed look at Nissan's effort to conserve cash in the short term, even if that means paying suppliers more down the line. The emails were exchanged among Nissan employees in Britain and the EU, including staff in its purchasing and treasury departments, according to their profiles on LinkedIn. One employee told co-workers in emails this month that suppliers were 'again' being asked for an extension of payment terms. It was in line with the aim to bolster free cash flow 'requested from CEO top down', the employee told colleagues.
TimesLIVE
24-06-2025
- TimesLIVE
Nissan turnaround plan under spotlight at shareholder meeting
Nissan Motor will face scrutiny over its deepening crisis at an annual general meeting on Tuesday, where investors will also vote on an activist proposal urging it to take action on listed subsidiary Nissan Shatai. It is anyone's guess whether new boss Ivan Espinosa will be able to halt the sharp decline at the carmaker, where shares have fallen 36% over the past year and dividend payments have been suspended. Nissan reported a $4.5bn (R80,235,495,000) net loss in the last financial year and there is no guarantee it will return to profit this year. So far it has declined to give a full-year earnings forecast. Espinosa has laid out plans for big cuts, including closing seven plants and shedding a total of 20,000 jobs, or around 15% of Nissan's workforce. One Tokyo-based activist investor, Strategic Capital, thinks the overhaul should include Nissan taking action on its listed subsidiary. Japanese companies are under increasing pressure from the Tokyo Stock Exchange and regulators to clear up "parent-child listings", which are seen as unfair to minority shareholders and a drag on governance. In one prominent example, Toyota Motor this month unveiled plans to take private its listed subsidiary, Toyota Industries, in a complex, $33bn (R588,305,764,200) transaction that some shareholders have said undervalues the forklift operator. Toyota likely took action because "it felt pressure from shareholders and thought it had to change", Tsuyoshi Maruki, CEO of Strategic Capital, said in an interview with Reuters on Monday. He said he hoped Nissan's management could also give the issue similar consideration. Nissan owns 50% of Nissan Shatai, which manufactures cars for the carmaker. Strategic Capital owns 3.5% of Nissan Shatai. It has also acquired a small stake in Nissan, allowing it to submit proposals to the general meeting. It has proposed Nissan change its articles of incorporation so it would be required to annually examine its relationship with listed subsidiaries and disclose what action, if any, it planned to take.
TimesLIVE
18-06-2025
- TimesLIVE
Can Nissan's new Leaf rekindle its electric mojo?
Even with the tariffs, the US price will be competitive, a Nissan spokesperson said. It is difficult to understate the Leaf's symbolic importance to Nissan. It was the world's best-selling EV for years until it was overtaken by Tesla. Introduced by the now-disgraced Carlos Ghosn, it heralded Nissan's desire to play a big role in the electric future. Despite the company's troubles in recent years, it has sold almost 700,000 Leaf vehicles. CEO Ivan Espinosa faces the difficult task of delivering much-needed cost cuts while continuing to invest in development of new vehicles to refresh its ageing line-up and lack of hybrids in the US. Espinosa has laid out plans for big cuts, including seven plant closures and 11,000 jobs. That will bring staff cuts to about 20,000, including those announced by his predecessor last year. Nissan reported a net loss of about $4.5bn (R80,705,024,550) in the past financial year and faces ¥596bn (R73,552,350,570) in debt due next year. The new Leaf will also be made at the Sunderland factory in Britain. The Tochigi and Sunderland plants are not expected to be among the closures, though the Oppama factory where the Leaf was first made could be axed.
