May 2010
Housing in Southern Africa visits the sprawling urban Soweto area, which is home to four million people. The upgrading of various neighbourhoods and cafés around Madiba's former home shows the very best in affordability and style. Government's housing budget is practically non-existent in the wake of 2010 infrastructure needed for the FIFA World Cup 2010 but private partnerships meet the Gap market for affordable and rental units in the area.
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Sexwale's R16-billion budget Sexwale's 2010 R16-billion housing budget is dissected with R377,2 million being allocated to human settlements institutions, Social Housing Regulatory Authority benefits by R151,8 million, while newcomer Housing Development Agency run by Taffy Adler received only R69,3 million. Minister's cost cutting Tokyo cuts the Department of Human Settlements expenses by R120 million. Noticeable is the advertising cut of R24,4 million, which perhaps shows that there is nothing to shout about. Creating sustainable communities Visionary, Lester Peteni, chairman of Basil Read Holdings, which developed the first integrated human settlement at Cosmo City, laid the foundation for human settlements of the future. Designer urban lifestyle estate for Soweto With Soweto's 4 000 sectional title units at Jabulani Village it is set to become an affordable designer lifestyle property estate. The units will go for R340 000 upwards and come with quality finishes. 5 000 house for Thornhill, Port Alfred Port Alfred will benefit from banking giant Absa's Development Division with more than 5 000 houses at Thornhill. The R900 million project is a joint initiative between Ndlambe Local Municipality, the Eastern Cape Department of Human Settlements and the national housing Department of Human Settlements. Upgrade of facilities for 345 informal settlements KZN's Ethekwini Municipality has allocated R450 million to upgrade ablution blocks at 345 informal settlements. Share block vs Sectional title Share block versus Sectional title schemes - what is best and can they co-habit together within the same development? Simphiwe Maphumulo ponders the question and offers legal advice.
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