South African Minister Acknowledges Collaboration with Business Needed to Address Housing Backlog

📆 06/04/2024 04:57:00
📰 TheCitizen_News

⏱ Reading Time:
41 sec. here
10 min. at publisher
📊 Quality Score:
News: 48%
Publisher: 75%

Politics News

South Africa,Minister,Housing Backlog

Minister Mmamoloko Kubayi admits that addressing the housing backlog in South Africa requires collaboration with business. The Schubart Park housing project remains abandoned despite plans for refurbishments and continuous delays.

Human Settlements Minister concedes housing backlog requires collaboration with business, aiming for transformation.

This, she said, was due to subsidies provided by government during the Nelson Mandela presidency, not recorded in the housing database. Kubayi has called for transformation in the construction industry to facilitate the participation of previously-disadvantaged.She told delegates at the BBCBE indaba that the government’s desire was to strengthen public-private partnership in the housing sector “to be complement by policy frameworks that are underway – ready for implementation in the seventh administration”.

“Also important is the Human Settlements White Paper, which will lead to the change of the housing code and other pieces of legislation. Under the new policy framework, we’ll put together innovative project funding mechanisms that are attractive to private sector funding.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: Finance Minister to Determine NHI Funding After Bill Signing - South African News BriefsFinance Minister to Determine NHI Funding After Bill Signing
Source: allafrica - 🏆 1. / 99 Read more »