R240 million Thulamahashe Mall launched!
Nthwese Developments and Twin City Development opened a R240-million Thulamahashe Mall in Bushbuckridge, Mpumalanga on Thursday 25th October 2018. The event was graced by many activities amongst them was the presence of the Executive Mayor Bushbuckridge Local Municipality Cllr Sylvia Nxumalo, the ZCC Brass Band, Executive Mayor of Waterberg Municipality and many others.
The partnership between Nthwese Developments and Twin City Development is expected to create an economic upswing in the rural community, explained Nthwese Developments Managing Director Seabelo Theledi.
The development has a gross leasable area of 18,500m² and is well positioned in Thulamahashe a village that feeds the north-eastern Bushbuckridge area in Mpumalanga. Theledi also said that the company was able to deliver the project in about 13 months. The mall will be anchored by South African retailers Shoprite and Superspar, with the former already ready to trade. As part of boosting rural economy the mall comprises of 8% smaller local retailers, with the other 92% being national retailers.
“Our retailers are confident that the centre will have a high level of foot traffic and trading density, given the nature of the area, which is severely underserviced in terms of retail facilities and bulk infrastructure. During the course of the development, the partners factored in bulk infrastructure, such as sewer, electricity and roads, and have upgraded some of this infrastructure for the benefit of the community”.
“We have embarked on a very inclusive process in this development, ensuring that there’s as much community participation as possible. Unemployment is a big issue in the area and such development brings relief in terms of job creation and sustainability,” said Theledi.
Theledi thanked the role of the government and its partner Twin City Development, various stakeholders and the community of Thulamahashe for all the efforts in making this a success.
“Bushbuckridge local Municipality is one of the municipalities with high unemployment rate. The implementation of this development will help in improving the lives of many people in Bushbuckridge and will also help in creating job opportunities, because whenever people are employed the Mayor won’t have to worry about jobs. So as Bushbuckridge Local Municipality we want to thank Nthwese and Twin City development for this new structure. It will continue to stir economic growth in our municipality, we also call upon other investors to come and work with us in building a better community for our people,” said Executive Mayor of Bushbuckridge Sylvia Nxumalo.
The development will also contribute towards employment and business opportunities for local communities. This project will build on successes achieved during the construction phase, with an estimated 600 jobs already created, 350 of which are permanent.