Scathing investigations dig into a problematic procurement process at the billion-rand National Housing Finance Corporation, which is tasked with helping to fix the country’s housing backlog
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/ 26 November 2007
Absa and the National Housing Finance Corporation (NHFC) on Monday signed a memorandum of understanding to speed up the provision of housing in several provinces. Absa has committed R2,6-billion for the building of 100Â 000 units by 2010. The bank has also committed an additional R150-million for project preparations.