rugby business

A New Era: Red Disa Acquires Control of WP Rugby

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Red Disa has acquired a majority stake in WP Professional Rugby Pty Ltd, approved by the South African Competition Commission, sparking excitement in South Africa’s rugby scene. The consortium behind the deal includes Fynbos Ekwiteit, Ardagh Glass Packaging, and Marble Head Investments, working towards reshaping the rugby landscape in the Western Province. The news coincided with the DHL Stormers preparing for a match against La Rochelle, marking the beginning of a new chapter for the rugby team under the new ownership. The future looks promising, with a broader vision of leveraging strategic partnerships and investments to reshape the rugby landscape in the Western Province.

land acquisition rail service

Cape Town’s Central Line Resurgence and Relocation Obstacles

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The shutdown of Cape Town’s Central Line due to theft and vandalism has resulted in households settling on the rail reserve, posing challenges for their relocation. Despite over 1,250 families being temporarily moved, finding permanent relocation land remains difficult due to the estimated cost of R117 million and challenges in land acquisition. Conversations with the National Treasury indicate that funding may be obtained during the midterm budget adjustment, but securing land for the permanent relocation of households presents another obstacle. The project’s primary risk factor is the time required to finalize permanent housing, with communities seeking assurances regarding their eventual relocation.