Concerns surrounding the communication and relationship between the public and private sector are diminishing as both parties are becoming more actively involved with one another, engaging in meaningful dialogue and working together on improving business and infrastructure in South Africa.

Move follows management buy-out by Clidet.

Investment holding company Mettle has announced a R92,6m offer for the assets and liabilities of land development group iProp.

Property group iProp will disappear entirely if the R83,9m (550c a share) management buyout proposal announced yesterday goes through.