Cape Town is taking action to address the need for affordable rental housing by revising the Municipal Planning Bylaw to attract micro and smallscale developers to invest in areas where housing is urgently needed. The proposed changes aim to establish and manage these developments, leading to higher quality, safer housing units that are legally connected to essential services. By introducing spatial policies and strategies, the city plans to construct safer, better quality homes in informal settlements and backyards, aligning with Objective 8 of the City’s Integrated Development Plan.
The city of Woodlands in Mitchells Plain is undergoing a public housing revolution, with an investment of R1.2 billion over the next three years aimed at revitalizing public housing upkeep and refurbishments. Councillor Carl Pophaim has formulated a strategy to combat rampant vandalism in public housing units, encouraging tenants to report any acts of vandalism and allocating more teams to emergency tasks. This investment is about more than just replacing staircases; it signifies progress towards a future of safety, dignity, and community unity.
The Free State Investment Conference invited business tycoons to explore the many investment opportunities the province has to offer. Deputy Minister Nomalungelo Gina encouraged investors to take advantage of the province’s economic potential and emphasized the government’s commitment to revitalizing the economy. She highlighted the importance of attracting foreign direct investment and supporting local industrial parks while promoting inclusivity and Black Industrialists. The conference served as a strategic initiative to jumpstart the province’s economic engine and breathe new life into sectors in decline.
Cape Town and Turkey have a strategic alliance focused on economic expansion and nurturing crosscultural ties, with the recent visit to Turkey by a Cape Town delegation including the City’s Mayoral Committee Member for Economic Growth and the CEO of Cape Town Tourism. The mission aimed to reinforce the tourism alliance between the two nations and showcase Cape Town’s potential to international business and government leaders. The alliance is substantiated by verifiable data and frequent transcontinental engagements, and the Sister City accord between Cape Town and Izmir is a testament to their strengthening alliance.
The Tamil Nadu Global Expo and Knowledge Summit 2024 brought together experts and guests to discuss the importance of global collaboration, skills development, and trade links between India and South Africa. The event emphasized the potential of digital platforms to foster global partnerships and the shared aspirations of BRICS nations. The Summit served as a dynamic platform to fortify ties between India and South Africa and envisioned a more equitable and united world.
Stellenbosch University has created a revolutionary wine index that showcases South Africa’s top ten premium wines. The index was created using a meticulous selection process that considered factors such as trading frequency and monetary value, as well as the expertise of wine critic Tim Atkin. This groundbreaking financial tool provides a qualityassured benchmark for investors looking to diversify their portfolio, showcasing the untapped potential of wine as a unique asset class. The index also pays tribute to the rich heritage and legacy of South African wines.
The Edu Invest initiative in the Western Cape is a partnership between the Education Department and Wesgro aimed at improving the quality of education by attracting investment in private schools and establishing publicprivate partnerships. The program seeks to address the increasing demand and overcrowded conditions in public schools, and position the Western Cape as the leading education and innovation hub in Africa. By fostering collaboration and innovation, Edu Invest is set to define new frontiers for the future of education in the region.
Cape Town’s Central Business District (CBD) saw a significant surge in property investment in 2022, totaling R3.5 billion across various sectors. The State of Cape Town Central City Report 2022 – A Year in Review (SCCR) highlighted the 22 property developments/redevelopments that took place last year, pointing to a clear path towards growth and stability in the postCOVID19 era.
Zambia is a beautiful country situated in southern Africa. With a population of 19.6 million people, the nation boasts rich cultural heritage and natural resources. In this article, we will take a closer look at some critical aspects that make Zambia an intriguing country.