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The Moses Mabhida stadium in Durban, South Africa with all its beauty and complexity has now become a financial maintenance burden for the eThekwini municipality
It’s currently undergoing structural repair which has so far cost the City about R60 million, according to mayor Mxolisi Kaunda
in 2006, while we were busy celebrating the fact that #SouthAfrica would host the 2010 FIFA World Cup.
Seven major construction and engineering firms met secretly to also celebrate and allocate themselves tenders to build World Cup stadium projects, they even agreed on a 17.5% profit margin.
The story of the Moses Mabhida stadium falling apart is actually the story of the SA 2010 construction cartel..
The 2010 construction bid-rigging cartel was one of SA’s most extensive corporate criminal enterprise ever uncovered by the Competition Commission, it affected most major public works projects from all spheres of government as well as major private sector projects.
It also contributed and exacerbated the general environment of corruption in SA.
The corruption that these 15 companies & their international partners committed really changed everything, forever.
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file:///Users/mooshtaffa/Downloads/ajol-file-journals_498_articles_162154_submission_proof_162154-5881-419978-1-10-20171016.pdf
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