Building Hope in Cape Town: A Comprehensive Budget for All

by
1 min read
budget infrastructure

On May 30th, 2023, the City of Cape Town revealed its largest-ever budget, aimed at addressing infrastructure and social needs while offering hope to residents facing increasing pressures. This ambitious plan, drafted after extensive consultation with stakeholders, marks a significant milestone for the city’s development.

Striking a Balance

The budget team managed to strike a balance between forward planning, addressing the most vulnerable residents’ immediate needs, and acknowledging ratepayers’ increasing pressures. Cape Town’s record capital expenditure budget focuses on staying ahead of population growth and urbanization in the city.

Investing in Infrastructure

The city’s investment in infrastructure surpasses that of other South African metros combined. Major projects underway include doubling sewer pipe replacements, upgrading pump stations, expanding MyCiti bus service, increasing the Metro Police force, investing in crime-fighting technology, expanding Safe Space transitional shelters, and releasing land for social housing.

Prioritizing Social Support

The budget includes social support packages totaling R4.3 billion, with R2.37 billion for free basic services and R1.96 billion for rates rebates, offering more significant support for the poor than any other city in the country. To counter Eskom’s tariff hike, Cape Town lowered the increase and provided special protection for lower-income households on the Lifeline tariff.

Extensive Relief for Indigent Residents

The budget includes a 50% increase in the rates-free portion for properties under R5 million and removes the stepped rebate. Cape Town offers the most extensive indigent relief in the country, with over 63,400 Capetonians having received partial or full debt write-off under the city’s debt assistance program.

Fostering Shared Prosperity

Investors find Cape Town an attractive place to invest, thanks to its commitment to good governance, increased revenue, and lower property rates. This virtuous cycle is fostering shared prosperity and an improved living environment for all.

A Result of Clean and Responsible Governance

The budget represents years of clean and responsible governance, the result of tireless work by the city’s CFO, policy unit, Mayoral Committee, Executive Management Team, and every councillor and official in the administration.

The City of Cape Town’s 2023/24 annual budget offers hope to its residents and a brighter future for the metro.

Tags:

You might be interested in

A Russian-Spanish journalist and Cape Town native, channels his lifelong passion for South Africa into captivating stories for his local blog. With a diverse background and 50 years of rich experiences, Serjio's unique voice resonates with readers seeking to explore Cape Town's vibrant culture. His love for the city shines through in every piece, making Serjio the go-to source for the latest in South African adventures.

View all

Leave a Reply

Your email address will not be published.

north west province policy speech
Previous Story

North West Premier Bushy Maape’s 2023/24 Budget Vote and Policy Speech

indigent relief infrastructure spending
Next Story

Cape Town’s ‘Building Hope’ Budget: A Beacon of Growth and Support for Vulnerable Citizens

Latest from Blog

firefighters community outreach

Spreading Holiday Cheer: Firefighters Bring Joy to Children

In December 2024, firefighters brightened the holidays for children in care facilities by delivering wrapped gifts with big smiles. Partnering with Pick n Pay, they spread joy and gratitude after receiving support during a tough summer of wildfires. Each visit was a heartwarming reminder of kindness, as firefighters became symbols of generosity, teaching kids about empathy and community spirit. This joyful initiative shows how simple acts of giving can light up lives and strengthen bonds in the community.

justice gender-based violence

A Persistent Nightmare in Embalenhle: Justice Served

In Embalenhle, South Africa, a dark nightmare unfolded as Themba Prince Shongwe committed terrible crimes, including rapes and murders, from 2016 to 2018. The community lived in fear as he targeted innocent girls, causing heartbreak and loss. Finally, justice was served when he was found guilty and sentenced to nine life terms in prison, bringing relief to the grieving families and a sense of safety back to the community. This victory shines a light on the importance of standing against violence and working together to protect the vulnerable.

street lighting community safety

Illuminating Cape Town: Lighting Up Safety and Community

Cape Town’s streetlight program shines brightly as it manages over 245,000 lights, making the city safer and more inviting, especially during the festive season. The community plays a vital role by reporting issues and staying alert, working together to protect these lights from theft and vandalism. With a focus on sustainability, the city is switching to energyefficient LEDs, reducing its environmental impact while keeping streets welllit. This initiative not only lights up the city but also brings people together, creating a warm and safe atmosphere that showcases Cape Town’s beauty at night.

housing development community empowerment

A Beacon of Hope: Gugulethu’s New Housing Project

The Gugulethu Infill Housing Project is bringing joy and hope to the community of Gugulethu, South Africa, by building 52 new homes for deserving families. This celebration marks a fresh start for many, especially the elderly and middleaged residents who finally have a safe place to call home. As they move in, they not only gain shelter but also a sense of belonging and stability. This project symbolizes the community’s strength and resilience, showing that together, they can overcome challenges and build a brighter future. The new homes are more than just buildings; they represent dreams coming true and a promise of better days ahead.

colonel celeste van der klashorst gender-based violence

Championing Justice: The Journey of Colonel Celeste van der Klashorst

Colonel Celeste van der Klashorst is a fearless leader in South Africa’s fight against violence and crime, especially those targeting women and children. With over thirty years of service, she created Child Protection Units and now leads the National SECI Unit, tackling serious issues like serial rape and child pornography. Her team’s recent success in a major operation has led to arrests and rescued children, showing the powerful impact of her work. Colonel van der Klashorst inspires others with her passion for justice, making her a shining example of hope and resilience in the battle for a safer society.