MINISTER of Human Settlements Tokyo Sexwale yesterday asked industry experts to give him tangible solutions to challenges facing the government.He was addressing a three-day Knowledge Week seminar hosted by the Development Bank of Southern Africa (DBSA) at its offices in Midrand.
Sexwale is faced with the daunting task of making an impression on the 2,1million housing backlog with a budget that can only deal with 10percent of the backlog annually.
Sexwale said he would ensure that banks "do the right thing" by giving loans to middle-income earners and assist in deracialising human settlements.
He said he would use the Home Loans and Mortgages Disclosure Act to hold banks to account.
- Sowetan
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