June 2011
Government has spent R2,5 billion on upgrading Alexandra township, next door to the prestigious Sandton business node and residential moneyed belt, but did the revival fail or succeed?
Housing in Southern Africa toured the township. Minister of Human Settlements, Tokyo Sexwale, got hot under the collar when he was linked to an intelligence report, so armed with his legal team, the Minister protested his innocence.
On a brighter note, government has increased the Department of Human Settlements budget to R122 billion for the current tax year. And an additional R22,3 billion will be spent on upgrading South Africa's secondary roads.
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The Alexandra revival - a failure or success? There is a stark contrast between Alexandra and neighbouring Sandton, the country's prestigious business node and residential moneyed belt. The densely populated 259ha Alexandra Township is home to 350 000 citizens. Increase in bond applications Since January, single female homebuyers have increased from 36,53%, to 46,94%, says Jenny Rushin of ooba, South Africa's leading bond originator. Sexwale under attack Minister Tokyo Sexwale is a little hot under the collar as he refuted an alleged ‘Ground Coverage Intelligence Report - alleged corruption and related activities in KwaZulu-Natal', which implicated the Minister. Pacaltsdorp - low cost housing Pacaltsdorp low cost housing development in the Western Cape will benefit from the Sika treated ready-mix concrete slab flooring. New projects A number of major contracts were announced recently in the Cement Sales Monitor. The Department of Transport announced the ‘S'hamba Sonke - Moving Together' R22,3 billion upgrade of South Africa's secondary road network over a three year period. Designing settlements - success stories "There needs to be a far greater understanding of social and community behaviour when developing and designing human settlements," says Anton Gollub of BSC Projects, specialists in supporting construction development.
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