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Wise Government Spending

So Mala Mala gets sold for R 1 billion. In simpler words, one thousand million rands! Its a frightening number, considering in the previous financial year they spent R 1.6 billion in total on land reform. One farm this time though.  The lovely thing is that Rattray was already a wealthy man. A wealthy “white” man nogal. The generous chap has agreed to rent the place back from the claimants until end of 2015, at R 700 000 a month. About R 17 million, I wonder if he’ll use a snip-it of his billion to be able to afford this. The claimants were happy to pay about R 500 million, I wonder why Rattray thought this was not enough for him. Quite a generous offer if you ask me.

 

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