
DHS aiming to get R45 million for scholarships & capex
From the DHS website:
Durban High School (DHS), one of the oldest boys’ high schools in Kwazulu-Natal, is set to benefit from income on the investment of the proceeds of the sale of the property, which is currently occupied by the DHS Old Boy’s Club and some lessees. The property belongs to The Durban High School Foundation Trust.
The property, which is approximately 4,3 hectares (43 000 m2) in extent, is flanked by Marlborough Crescent and Gainsborough Drive in Durban North and is expected to realize above R45m. …