President Cyril Ramaphosa has announced a mega housing plan in the Northern Cape. The project is estimated to cost R1 billion and is expected to be completed by July 2025 at the latest. The Northern Cape's planned 4 000 houses to address its backlog crisis is a"fulfilment of a dream", President Cyril Ramaphosa told residents who gathered in a sod-turning event in Kimberley, in the Sol Plaatjie Local Municipality.
The project is aimed at building houses across several municipalities to address a housing backlog in the Northern Cape. But the DA made a pre-emptive strike by labelling the announcement of the project as"electioneering". Although Ramaphosa saw Thursday's announcement as a great day for the Northern Cape, the DA said it was sceptical. The official opposition says it's worried that R600 million of the R1 billion housing project is being borrowed. "The projected interest payment stands at R94 millio