Here is a rewritten version of the content in a provocative and controversial manner:
“BREAKING: Telkom Sells Off Its Soul for a Quick Buck, Leaves Thousands Jobless and Unpaid
In a shocking move, Telkom has sold off its most prized assets, including its iconic properties in Cape Town, Johannesburg, Pretoria, Durban, Port Elizabeth, and Welkom, for a whopping R617 million. But what’s the real cost of this “success”? Thousands of workers are now facing an uncertain future, and many will likely be left jobless and unpaid.
The auction, held by In2assets, saw a staggering 127 registered bidders from around the world, but what about the human cost of this corporate greed? The Telkom workers who toiled away for years, keeping the company afloat, are now being sacrificed at the altar of profit. The auction’s “record-breaking results” are just a facade, hiding the truth that this is a disaster for the workers and the community.
But it gets worse. The same properties that were sold for millions are now being resold for even more money, making a mockery of the concept of “non-core” assets. Telkom’s decision to dispose of its properties is not about “rationalizing its portfolio” or “accelerating disposal”, but about lining the pockets of the corporate elite at the expense of the people.
Hein Hattingh, MD of In2assets, claims the auction is a “milestone in South Africa’s property market”, but we call it a betrayal of the highest order. What does this say about our country’s priorities? What does this say about our leaders’ commitment to the welfare of the people? We demand answers.
It’s time to wake up, South Africa. The real story behind Telkom’s property auction is one of exploitation, greed, and neglect. We won’t be silenced. We won’t be fooled. It’s time to stand up and fight for the future of our workers and our communities.”
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