Mapisa-Nqakula also lambasted two existing PPP prison contracts, noting that, while the Kimberley facility had been built at a cost of R300-million, government would end up paying R1.5-billion for the capital cost of construction over a 15-year period.
Cabinet, which endorsed the cancellation, also indicated that there would be a review of PPP models across government.
Review of PPP models resulting in more delays. The first paragraph is interesting and likely to be false. I strongly suspect that this figure that the minister refers to includes operational costs as well. If this isn't the case then why did Treasury let the PPP go through? Treasury's PPP unit is made up of a number of very sharp individuals who would never let that pass.
Egg on face perhaps?