Reddy or not? Oceans Umhlanga takes on water
As the construction industry buckles under a stumbling economy, a fallout between the developers and a contractor has grounded a multibillion-rand project in Durban’s upmarket Umhlanga.
Work on Oceans Umhlanga, a project driven by property and business magnate, and ANC backer, Vivian Reddy, and envisaged as the largest mixed-use development in the country, stopped about three weeks ago.
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