Properties belonging to the African Global Group formerly known as Bosasa have been sold for a combined value of 85-point-five-million-rand at an auction in Krugersdorp, west of Johannesburg.
The highest bid was that of the farm which consists of an old mining compound as well as the Lindela Repatriation Centre and Youth Development Centre for 60-million-rand.
An auctioneer at Park Village Actions and Bidder Choice, Pieter Geldenhuys has more on what happened at the auction which started on Thursday.
“…and then also it comprises of the following sections, being the Mogale Youth Centre, the Lesideng Child and Youth care Centre and also the Khayalethu Child and Youth Care Center. And then the repatriation Centre has got capacity to accommodate approximately six and a half thousand immigrants, and this development is divided into 2 sections to accommodate males and females separately – and also there’s a large industrial type kitchen that provides food to both of these centres.”