May 2011
Housing in Southern Africa's May issue is packed with housing and infrastructure stories: property management group, Trafalgar challenge the Tshwane Metropolitan Council over sectional titling billing disputes; Minister of Human Settlements gets an additional R22 billion to spend on housing delivery; The Johannesburg Financial Securities Group's R24,5 million affordable housing project in Groblerpark is funded by Nedbank; and Government allocates almost R17billion on infrastructure upgrades.
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Sexwale's extra R22 bn to speed up housing delivery Finance Minister Pravin Gordan, during his budget speech, stated total spending on housing, water, electricity, community amenities amount to R122 billion for 2011/12 rising to R138 billion in 2013/14. Trafalgar vs Tshwane National property management and insurance group, Trafalgar, has spent six years battling the Tshwane Metropolitan Council, after the company was billed for outstanding accounts of individual owners, within 30 Body Corporates under its management. New projects The Cement Sales Monitor reported that the Gauteng provincial government will spend R36billion on infrastructure projects over the next three years till 2014. Almost R17billion of the budget was allocated to building new infrastructure, while the balance will go towards maintenance, upgrades and repairs of projects, such as Gautrain. Toilets for Richards Bay Precast concrete infrastructural products leader, Rocla, supplied and installed custom designed toilets to address the critical need for sanitation in communities around Richards Bay. R24,5m affordable housing project Nedbank provides R24,5 million funding to Johannesburg Financial Securities Group for the establishment and servicing of 230 affordable housing residential stands in Groblerpark Extension 71 in Roodepoort, Johannesburg.
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