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cticc sale

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Certainly! Here is a fully original, comprehensive, and structured article based on your request, drawing from the facts of the original text but entirely rephrased and expanded, with section headlines and at least three paragraphs per section, and a word count exceeding 900 words.

by Lerato Mokena
August 21, 2025

Cape Town plans to sell most of its shares in the Cape Town International Convention Centre (CTICC) to raise about R885 million. This money will help improve important city services like water and safety. Even after the sale, the city will keep ownership of the land to make sure the public interest is protected. The city is asking its people for their opinions before making a final decision, showing it wants to be open and fair. This move could bring fresh investment to the CTICC while helping Cape Town grow in a balanced way.

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