‘This is just the start of the change we are bringing to the city,’ says the mayor.
“Through the release of city properties to the private sector for redevelopment, the city expects to realise R20 billion in expected investment value, which will soon be visible in the inner-city with 24 developments set to start within six months,” Mashaba said in a statement.He said the investment constituted the largest number of mixed-use private sector developments focusing on residential and student accommodation being facilitated by the city at once.
“This is just the start of the change we are bringing to the city, with more even more buildings and developments set to take place in the future,” he said. In total, this first group of developments is expected to yield 10,096 jobs opportunities within the city and approximately 6,500 housing units costing between R900 and R4,500 per month for each unit, excluding utilities.
Well done Herman. You inspire. You bring dignity to our people. The ANC opted to build substandard corrupt ridden monopoly houses and treated it like giving food parcels at elections time.
If he was true leader he was going to give that money to Alexander for infrastructure development, now he is busy with Flats just to make money for his family and friends Eff including his girlfriend.
Lies that money will empower white monopoly capitalist.
After all Malema, Solly,Mmusi Maimane, Herman Mashaba just have guards to work and vote with DA against black people. Truly this people sold their black people to Apartheid Leadership that suppressed black people for years in South Africa.
If only Cape Town would act like this!
Our_DA Mr Mashaba please just get the CBD clean and tell those ppl in Alexander in get the rodents out.I am visiting there but no man it is filthy.Kan julle die plek skoon key asseblief.
A week after the developers of Maboneng were liquidated? You could have given them a grant of 1 billion as Tau promised them. This guys did a lot of the inner-city than anyone, ur administration failed them.
Our_DA And what about M2 repairs? Not even a start made whilst the JHb economy has to suffer...and then a plan to bring thousands more into the city...without proper road infrastructure
The DA difference!!!🙏🏻👏🏻👏🏻👏🏻👏🏻🎊🎉💥🔥☄️💙💙💙💙
Only now?
Welldone Mr Mashaba u r workacholic n it seems people dont notice ur efforts because u r not corrupt. Keep the good work
To ANC is just rubbish