Passion is not a governance strategy: Why community schemes need competent boards, not just willing ones
A homeowner's R67,523 debt ballooned to R975,138.72 in six years, despite monthly levies barely exceeding R100,000. This article uncovers the structural weaknesses in South Africa's community scheme governance, highlighting why competent boards, not just passionate ones, are crucial to prevent financial mismanagement.
We haven't written up this one. Mail and Guardian has the full story — the link below goes straight to it.
