https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Statements RSS ← Back
Housing|Infrastructure|Infrastructure
Housing|Infrastructure|Infrastructure
housing|infrastructure|infrastructure
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

MTBPS: Cape Town calls on Finance Minister to stop anti-poor budget cuts

Close

Embed Video

MTBPS: Cape Town calls on Finance Minister to stop anti-poor budget cuts

City of Cape Town

28th October 2024

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

Cape Town Mayor Geordin Hill-Lewis has called on Finance Minister Enoch Godongwana to put a stop to anti-poor cuts to housing grants and other pro-poor funding streams to municipalities and provinces. The Finance Minister is due to deliver his Medium-Term Budget Policy Statement (MTBPS) this Wednesday, 30 October.

Mayor Hill-Lewis said the City hopes for a clear signal from the Minister that there will be no further cuts to housing and informal settlements grants following a R107m slashing of grant-funding to Cape Town as part of nationwide cuts last year.

Advertisement

 Overall, the City is calling on the Finance Minister to:

Stop the nationwide anti-poor cuts to housing grant-funding

Advertisement

Massively scale up infrastructure funding for cities

Pay Cape Town’s fair equitable share aligned to the City’s growing population

‘Housing and informal settlement upgrading grants are among the most pro-poor and progressive ways you could possibly spend your budget, and Cape Town has an excellent record of spending at least 99% of this grant-funding over the last five years,’ said Mayor Hill-Lewis.

The Mayor further urged the Finance Minister to massively scale up infrastructure funding for cities following a commitment by President Cyril Ramaphosa in his 2024 State of the Nation Address.

‘Cape Town is investing a South African record of R39,5bn in infrastructure over three years, 75% of which will directly benefit lower income households. But we’d like to do even more, in fact we need to.  It is important that the Finance Minister follows through on the President’s promise of new and innovative infrastructure funding schemes alongside measures to simplify regulations and cut red tape.

‘Our metro is about to cross the five million mark to become SA’s most populous city. We are determined to ensure Cape Town is an even better place to live for all by investing in infrastructure now to meet the future needs of a growing city. We call on the Finance Minister to ensure Cape Town receives a fair equitable share in the upcoming budget aligned to the City’s growing population confirmed by the recent Census,’ said Mayor Hill-Lewis.

Issued by Media Office, City of Cape Town

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

 

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za