There was an air of hope and excitement at the State Theatre in Johannesburg when developers who dared to inject R20 billion into the city gathered to be recognised for their role in a rejuvenation scheme that is set to mark the rebirth of the City of Gold.
Now the hard work begins, with each developer expected to solidify its promises by signing contracts with the city and establishing their individual implementation plans in the coming months. A mixed bag of financial investors have made commitments to support the scheme, such as the Social Housing Regulatory Authority and commercial property development financiers Tuhf, Absa, First National Bank and Investec.
“People are not like furniture – you can’t just move them,” says Makhunga. “When you move people, the city leads in that process; it’s not just the responsibility of the developer. Quite a number of stakeholders are involved in making sure that [we] comply with the laws of the country.”
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:
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mashaba touts R20bn investment for Joburg inner cityJohannesburg Mayor Herman Mashaba has announced what he calls 'the single biggest property investment the city of Johannesburg has ever made through private sector development'.
Source: News24 - 🏆 4. / 80 Read more »
Mashaba announces R20bn investment for Joburg inner cityHerman Mashaba announced a R 20-billion property investment for the Johannesburg inner city. This is how you run a city - ANC/ EFF thugs But the won't benefit on that investment even a cent🚮 i have lost faith in our government system N who's going to benefit from it 🤔
Source: eNCA - 🏆 49. / 51 Read more »
Private sector to invest R20bn in Joburg CBDMayor Herman Mashaba to release details of funds secured for inner city housing developments next week Have they been there?!
Source: BDliveSA - 🏆 12. / 63 Read more »
Private sector to invest R20bn in Joburg CBDMayor Herman Mashaba to release details of funds secured for inner city housing developments next week Let’s see the money. Intentions mean nothing.
Source: BDliveSA - 🏆 12. / 63 Read more »
Private sector to invest R20bn in Joburg CBDMayor Herman Mashaba to release details of funds secured for inner city housing developments next week Let’s see the money. Intentions mean nothing.
Source: BDliveSA - 🏆 12. / 63 Read more »
Mashaba touts R20bn investment for Joburg inner cityJohannesburg Mayor Herman Mashaba has announced what he calls 'the single biggest property investment the city of Johannesburg has ever made through private sector development'.
Source: News24 - 🏆 4. / 80 Read more »
Private sector to invest R20bn in Joburg CBDMayor Herman Mashaba to release details of funds secured for inner city housing developments next week Have they been there?!
Source: BDliveSA - 🏆 12. / 63 Read more »
Mashaba announces R20bn investment for Joburg inner cityHerman Mashaba announced a R 20-billion property investment for the Johannesburg inner city. This is how you run a city - ANC/ EFF thugs But the won't benefit on that investment even a cent🚮 i have lost faith in our government system N who's going to benefit from it 🤔
Source: eNCA - 🏆 49. / 51 Read more »