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Atterbury and Old Mutual Properties joined the city on Monday to declare that they would join forces to eradicate the scourge.
According to reports, the construction crew were warned of their arrival and the alleged extortionists did not even have time to lay out their demands before being taken away, tortured for 11 hours, and then murdered.
Cape Town’s gang infestation is seeping into every crevice of the region.
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The man who paints trees to combat bark stripping, Hundreds of Venus flytraps stolen from conservation land, Kimberley has lost it’s sparkle, and Cape Town projects still halted as mafias intimidate contractors.
As part of the campaign, a 24-hour hotline and reward system has been set up to allow for any anonymous tip-offs to help the City and authorities tackle extortion.
The City of Cape Town is offering an R100 000 cash reward to anyone willing to help find those responsible for the brutal killing of one of its officials.
It has become so bad that the JSE-listed residential property developer Calgro M3 is trying to pull out of KZN entirely, hoping to trade out two projects it has already started.
When it comes to South Africa’s construction industry, government projects worth many billions are on hold because of interference from what has been dubbed ‘the Construction Mafia’.